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REXC

GradeCNASDAQ Global Market

Sprott Rare Earths Ex-China ETF

Themes · Sprott · Inception 2026-04-14

$16.77−0.45 (−2.58%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Apr 15, 2026.History starts Apr 15, 2026.History starts Apr 15, 2026.
Intraday session: down, 59 prints from 17.22 to 16.77. Range 16.65 to 17.00. Use the arrow keys to read each point.$16.70$16.90$17.0010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$65M
1Y return
—
Yield · Last 12 months
—
Holdings
41
Volume · 30D
0.1M sh
NAV per share
$16.42
52W range
low $14.64high $25.39

The ETF.net REXC Grade

C

42/ 100

Rank 10 of 13 in Critical Materials⁠

Confidence Medium

Six-pillar profile for REXC. Scores out of 100: Cost 38, Risk 28, Mission not scored, Tradability 74, Holdings 28, Durability 51. Strongest: Tradability (74). Weakest: Holdings (28). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 42 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 38
    Category rank9/13 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 28
    Category rank11/13 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 74
    Category rank3/13 · top 23%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 28
    Category rank10/11 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 51
    Category rank6/13 · top 46%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on REXC

ETF.net Research

CRare earths, with China screened out. REXC tracks a Nasdaq index built around rare earth miners and processors outside China, the focused cut of Sprott's critical-materials lineup.

Stated mandate

The Fund seeks to track, before fees and expenses, the total return of the Nasdaq Sprott Rare Earths Ex-China Index.

Why people hold it

  1. 01The screen is the whole idea: it tracks the Nasdaq Sprott Rare Earths Ex-China Index, making it a direct expression of the non-China supply chain rather than the sector at large.
  2. 02Plain plumbing. A standard 1940 Act index fund following a published Nasdaq benchmark: no leverage, no derivatives overlay, no active stock picking.
  3. 03Built by a metals-and-mining specialist house. REXC is the narrow rare earths cut of the same shelf that holds Sprott's broader critical materials fund, SETM.

Worth knowing

  1. 01The fee is 0.65% a year, matching the typical critical-materials fund, while wider-net rare earth peers REMX and EART list lower expense ratios.
  2. 02Launched in 2026, so there is only a short record to judge how tightly it follows its index or how it trades under stress.
  3. 03Rare earths is a narrow, policy-driven corner of mining, and the ex-China rule shrinks the pool further, so a few names and jurisdictions can drive the ride.

REXC Holdings

As of Sep 20, 2026, 9:00 AM
Asset class
Stocks
Holdings
41
Top-10 weight
75%
Largest holding
LYC.AX19.8%

Geography

  • Australia51.17%
  • United States37.58%
  • Canada8.13%
  • Peru1.13%
  • United Kingdom1.13%
  • Guernsey0.85%

Developed 97% · Emerging 3% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001LYC.AXLynas Rare Earths Ltd.19.79%1,261,216$13M92
002MPMP Materials Corp.19.08%263,167$12M150
003USARUSA Rare Earth Inc.6.22%263,884$4M76
004SRL.AXSunrise Energy Metals Ltd.6.04%282,528$4M33
005NEO.TONeo Performance Materials Inc.4.99%151,162$3M15
006ILU.AXIluka Resources Ltd.4.61%696,006$3M56
007ARU.AXArafura Rare Earths Ltd.4.04%19,427,040$3M42
008LIN.AXLindian Resources Ltd.3.84%5,275,040$2M35
009CRMLCritical Metals Corp.3.45%334,043$2M36
010BRE.AXBrazilian Rare Earths Ltd.3.13%702,515$2M11
011NBNioCorp Developments Ltd.2.93%533,140$2M18
012ALOYREalloys Inc.2.90%228,638$2M32
013MEI.AXMeteoric Resources Ltd.2.09%10,643,172$1M3
014VMM.AXViridis Mining and Minerals Ltd.2.07%559,497$1M2
015UUUUEnergy Fuels Inc.1.98%110,318$1M35

Showing 1–15 of 42 holdings

REXC Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

REXC$8,081
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. REXC $8,081. SPY $10,415. Use the arrow keys to read each point.$6,614$8,674$10,734Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for REXC. Periods over one year show the average yearly return.
PeriodREXC
Year to dateFund launched this year—
1 month−10.5%
3 months−19.2%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for REXC
YearReturn barREXC
2026 YTD−17.7%

History from Apr 15, 2026

REXC in the news

REXC Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Apr 2026. No distributions yet.

REXC Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Apr 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Apr 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Apr 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
2.56
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

REXC Cost

Expense ratio0.65%
  • The middle half of Critical Materials funds
  • Median 0.65%

6 of the 13 Critical Materials funds charge less.

REXC costs $65.00 a year on $10,000. The median Critical Materials fund costs $65.00.