---
ticker: "METL"
name: "Sprott Active Metals & Miners ETF"
url: "https://etf.net/etf/METL"
grade: "F"
score: 16
graded_at: "2026-10-12"
category: "Materials (Broad)"
category_rank: "14 of 14"
methodology: "https://etf.net/methodology"
---

# METL: Sprott Active Metals & Miners ETF

Grade **F**, Score 16 of 100. Rank 14 of 14 in Materials (Broad).

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 1 | 14 of 14 |
| Mission | Not scored | — |
| Risk | 10 | 14 of 14 |
| Tradability | 13 | 14 of 14 |
| Holdings | 75 | 3 of 14 |
| Durability | 27 | 13 of 14 |

## Top holdings

The fund holds 47 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | NUE | Nucor Corp. | 4.59% |
| 2 | HBM.TO | Hudbay Minerals Inc. | 4.44% |
| 3 | MDI.TO | Major Drilling Group International Inc. | 4.25% |
| 4 | ATYM.L | Atalaya Mining Copper SA | 3.88% |
| 5 | STLD | Steel Dynamics Inc. | 3.77% |
| 6 | CCJ | Cameco Corp. | 3.67% |
| 7 | EXK | Endeavour Silver Corp. | 3.66% |
| 8 | BVN | Cia de Minas Buenaventura SAA | 3.65% |
| 9 | NXE.TO | NexGen Energy Ltd. | 3.65% |
| 10 | RS | Reliance Inc. | 3.57% |
| 11 | ERO.TO | ERO Copper Corp. | 3.41% |
| 12 | LUN.TO | Lundin Mining Corp. | 3.25% |
| 13 | IVN.TO | Ivanhoe Mines Ltd. | 3.18% |
| 14 | VZLA.TO | Vizsla Silver Corp. | 3.14% |
| 15 | FCX | Freeport-McMoRan Inc. | 3.08% |
| 16 | LAR | Lithium Argentina AG | 2.91% |
| 17 | DNN | Denison Mines Corp. | 2.89% |
| 18 | UEC | Uranium Energy Corp. | 2.83% |
| 19 | LYC.AX | Lynas Rare Earths Ltd. | 2.70% |
| 20 | PDN.AX | Paladin Energy Ltd. | 2.68% |
| 21 | SQM | Sociedad Quimica y Minera de Chile SA | 2.66% |
| 22 | WPM.TO | Wheaton Precious Metals Corp. | 2.25% |
| 23 | PAAS | Pan American Silver Corp. | 2.06% |
| 24 | GGD.TO | GoGold Resources Inc. | 1.99% |
| 25 | MP | MP Materials Corp. | 1.88% |
| 26 | ALB | Albemarle Corp. | 1.88% |
| 27 | TLO.TO | Talon Metals Corp. | 1.87% |
| 28 | TKO.TO | Trekor Metals Ltd. | 1.60% |
| 29 | CIA.AX | Champion Iron Ltd. | 1.56% |
| 30 | VALT.L | Valterra Platinum Ltd. | 1.22% |

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