Key stats
About Sprott Active Metals & Miners ETF
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Inception date
Sep 9, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Sprott Asset Management USA, Inc.
Distributor
ALPS Distributors, Inc.
ISIN
US85208P8573
METL seeks long-term capital appreciation by investing in companies across the broad metals and mining industry. Eligible companies must earn or have assets of at least 50% in activities tied to the metals and mining lifecycle. This includes companies engaged in mining, exploration, production, development, distribution or recycling of metals and raw materials that are frequently used to support global demand for energy, as well as royalty and streaming companies engaged in financing such metals and raw materials. The fund targets companies with exposure to metals and raw materials that have high global demand. Using a value-oriented contrarian approach, the fund focuses on undervalued companies with strong long-term fundamentals or growth potential that are temporarily overlooked by investors. Position sizes typically range from 0.5% to 15%. METL invests across the world, including companies in emerging markets. The actively managed fund may engage in securities lending.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Non-Energy Minerals
Stocks98.04%
Non-Energy Minerals92.62%
Industrial Services3.63%
Process Industries1.77%
Bonds, Cash & Other1.96%
Mutual fund1.98%
Cash−0.02%
Stock breakdown by region
North America74.58%
Oceania14.15%
Latin America6.18%
Europe5.09%
Asia0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
METL invests in stocks. The fund's major sectors are Non-Energy Minerals, with 92.64% stocks, and Industrial Services, with 3.63% of the basket. The assets are mostly located in the North America region.
METL top holdings are Uranium Energy Corp. and Endeavour Silver Corp., occupying 4.81% and 4.79% of the portfolio correspondingly.
METL assets under management is 17.56 M USD. It's risen 8.68 K% over the last month.
METL fund flows account for 16.44 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, METL doesn't pay dividends to its holders.
METL shares are issued by Sprott, Inc. under the brand Sprott. The ETF was launched on Sep 9, 2025, and its management style is Active.
METL expense ratio is 0.89% meaning you'd have to pay 0.89% of your investment to help manage the fund.
METL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
METL invests in stocks.
METL trades at a premium (0.54%) meaning the ETF is trading at a higher price than the calculated NAV.