SETM
Sprott Energy Transition Materials ETF
SETM supports the global move to cleaner energy by tracking an index of US and foreign companies related to energy transition materials. Securities are selected based on revenue and weighted by market-cap.
US
EQUITY
Passive
MANAGEMENT STYLE
$ 531.2 M
ASSETS UNDER MGMT
65 bp
EXPENSES
Fund Basics
| Inception date | Jan 02, 2023 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| LYNAS CORPORATION LIMITED | 5.8 % |
| NATIONAL ATOMIC COMPANY KAZATOMPROM JSC | 5.8 % |
| ALBEMARLE CORP | 5.5 % |
| PILBARA MINERALS LIMITED | 5.4 % |
| FREEPORT-MCMORAN COPPER | 5.3 % |
| CAMECO CORP | 4.7 % |
| FIRST MAJESTIC SILVER CORP | 4.1 % |
| URANIUM ENERGY CORP | 3.5 % |
| MP MATERIALS CORP CLASS A | 3.4 % |
| PALADIN ENERGY LIMITED | 2.7 % |
Constituent Breakdown
| Number of holdings | 89 |
| Herfindahl-Hirschman Index | 271 |
| Wgt avg mkt cap (mns) | $14,988 |
| Large cap (>$10bn) | 30.7% |
| Mid cap ($2-10bn) | 42.0% |
| Small cap (<$2bn) | 15.7% |
| Developed mkts. | 80.1% |
| Emerging mkts. | 11.4% |
Sector Breakdown
Country Exposure
 |
CANADA | 29.2 % |
 |
AUSTRALIA | 24.7 % |
 |
UNITED STATES | 21.3 % |
 |
KAZAKHSTAN | 5.8 % |
 |
BRITAIN | 2.7 % |
 |
HONG KONG | 2.4 % |
 |
CHINA | 1.8 % |
 |
POLAND | 1.2 % |
 |
INDONESIA | 1.1 % |
 |
PERU | 1.1 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 33.4% | 166.0% | 54.0% | 28.7% | -- | -- | -- | 23.1% |
| Dividend Yield | 0.0% | 4.4% | 2.7% | 2.6% | -- | -- | -- | 2.5% |
| Total Returns | 33.4% | 170.4% | 56.7% | 31.3% | -- | -- | -- | 25.6% | Ann. Volatility | 54.6% | 43.5% | 38.8% | 35.4% | -- | -- | -- | 35.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.18 | 27% |
| MSCI EAFE | 1.43 | 29% |
| MSCI Emg Mkts | 1.55 | 41% |
Liquidity Measures
| Avg. volume (000) | 289 |
| ADV traded (mns) | $10 |
| Turnover | 1.8% |
| Avg. Bid/Ask (% of price) | 0.29% |
Technical Indicators
| 30d moving avg. (EMA) | $33.63 |
| Relative strength (RSI) | 47 |
| MACD/Signal | -1.14/-0.95 |
| Bollinger Bands (Upper/Lower) | $38.20/$28.95 |
| Short interest (% of AUM) | 0.8% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. SETM |
Expenses vs. SETM |
ALTAR Score™ vs. SETM |
|---|---|---|---|---|
| GMET | VanEck Green Metals ETF | 29.1% | -2 bp | -1.5% |
| EART | Global X Rare Earth & Critical Materials ETF | 25.4% | -6 bp | +3.1% |
| REMX | VanEck Rare Earth/Strategic Metals ETF | 24.9% | -11 bp | +0.5% |
| ION | ProShares S&P Global Core Battery Metals ETF | 21.1% | -7 bp | +3.1% |
| NLR | VanEck Uranium+Nuclear Energy ETF | 19.7% | -4 bp | 0.0% |
| BATT | Amplify Lithium & Battery Technology ETF | 19.7% | -6 bp | +0.4% |
| COPX | Global X Copper Miners ETF | 17.9% | 0 bp | +2.7% |
| ICOP | iShares Copper and Metals Mining ETF | 17.5% | -18 bp | +4.0% |
| COPA | Themes Copper Miners ETF | 17.3% | -30 bp | +1.6% |
| LITP | Sprott Lithium Miners ETF | 17.3% | 0 bp | -1.0% |
Risk and Returns: SETM vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 4/3/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
1.6%
ALTAR SCORE™
2nd
PERCENTILE
AVOID
ETFRC RATING
There are 1,196 funds in the US Equity category with an average
ALTAR Score™ of 5.7% and a standard deviation
of 2.1%. SETM's ALTAR Score™ is approximately -2.0 standard
deviations above the category average. This places SETM in the 2nd percentile
among funds in the category.
Sell-Side Consensus
$40.41
PRICE TARGET
+20.2%
UPSIDE