---
ticker: "ION"
name: "ProShares S&P Global Core Battery Metals ETF"
url: "https://etf.net/etf/ION"
grade: "B"
score: 56
graded_at: "2026-10-12"
category: "Critical Materials"
category_rank: "4 of 13"
methodology: "https://etf.net/methodology"
---

# ION: ProShares S&P Global Core Battery Metals ETF

Grade **B**, Score 56 of 100. Rank 4 of 13 in Critical Materials.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 69 | 4 of 13 |
| Mission | Not scored | — |
| Risk | 67 | 4 of 13 |
| Tradability | 22 | 12 of 13 |
| Holdings | Not scored | — |
| Durability | 47 | 7 of 13 |

## Top holdings

The fund holds 53 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Pacific Metals Co Ltd | 4.65% |
| 2 | — | Igo Ltd | 3.58% |
| 3 | INCO | Vale Indonesia Tbk | 3.49% |
| 4 | TINS | Pt Timah (Persero) Tbk | 3.45% |
| 5 | SGML | Sigma Lithium Corp | 3.15% |
| 6 | — | Tibet Mineral Development-A | 3.06% |
| 7 | — | Eramet | 2.99% |
| 8 | SQM | Quimica Y Minera Chil-Sp Adr | 2.93% |
| 9 | — | Zangge Mining Co Ltd-A | 2.84% |
| 10 | ARI | African Rainbow Minerals Ltd | 2.75% |
| 11 | ANTM | Antam Persero Tbk Pt | 2.74% |
| 12 | — | Pls Group Ltd | 2.67% |
| 13 | ALB | Albemarle Corp | 2.57% |
| 14 | — | Qinghai Salt Lake Industry-A | 2.56% |
| 15 | FM | First Quantum Minerals Ltd | 2.52% |
| 16 | MIN | Mineral Resources Ltd | 2.51% |
| 17 | VAL | Valterra Platinum Limited | 2.46% |
| 18 | — | Xinjiang Xinxin Mining Ind-H | 2.42% |
| 19 | — | Tianqi Lithium Corp-A | 2.38% |
| 20 | — | Cmoc Group Ltd-H | 2.35% |
| 21 | AAL | Anglo American PLC | 2.22% |
| 22 | — | Youngy Co Ltd-A | 2.16% |
| 23 | — | Lundin Mining Corp | 2.16% |
| 24 | — | China Nonferrous Mining Corp | 2.11% |
| 25 | — | Liontown Ltd | 2.04% |
| 26 | VALE | Vale Sa-Sp Adr | 1.98% |
| 27 | — | Ganfeng Lithium Group Co L-H | 1.96% |
| 28 | AMG | Amg Critical Materials N.v. | 1.96% |
| 29 | ELV | Elevra Lithium Ltd | 1.95% |
| 30 | — | Sichuan Yahua Industrial-A | 1.73% |

Source: etf.net, https://etf.net/etf/ION. Please cite the page URL.