EART vs SETM

EARTBGlobal X Rare Earth & Critical Materials ETF

SETMCSprott Critical Materials ETF

In short

EART Rare earths are the headline, but the basket runs wider: ten critical-material categories, from copper and lithium to cobalt and carbon fiber, screened so miners must earn at least half their revenue from the stuff.

SETM Most funds in this corner pick a lane: lithium, or rare earths. SETM tracks an index built to span the wider critical-materials complex, roughly 160 miners and processors in a single basket.

Stated mandate

EART The fund seeks exposure to companies producing rare-earth components, metals, and other raw or composite materials needed for expanding critical technologies, including electric vehicles, energy storage, robotics, and radar systems.

SETM SETM seeks to track, before fees and expenses, the total-return performance of the Nasdaq Sprott Critical Materials Index.

Why people hold it

• EART Costs 0.59% a year, below the typical fee in its critical-materials peer group.
• Purity rule with teeth: a company needs 50% of revenue from the ten materials, so conglomerates with a lithium side hustle stay out.globalxetfs.com
• Caps each name at 4% and floors it at 0.3%, reset twice a year, so one giant miner cannot swallow a roughly 50-stock portfolio.globalxetfs.com
• Global mandate covering miners and processors wherever they list, and one of the stronger builds in its critical-materials peer group.

• SETM Peers narrow to one metal (ILIT for lithium, REMX and EART for rare earths). SETM holds roughly 160 miners and processors across the theme, in one rules-based index.
• The 0.65% fee lands right at the middle of the critical-materials pack. Breadth here does not carry a premium price tag.
• Real size for a niche theme, with regular daily volume behind it. That tends to mean easier fills than the thinnest shelves in mining ETFs.
• Fully index-driven: the fund aims to match the Nasdaq Sprott Critical Materials Index before fees, so the holdings follow a published rulebook rather than a manager's call.

Worth knowing

• EART Rare earths share the basket with copper, lithium, nickel and platinum group metals, so broad commodity cycles move it as much as any rare-earth squeeze.globalxetfs.com
• A small fund with light volume next to the category's giants, which can mean wider spreads, especially near the open and close.
• Listed in 2022 as the Global X Disruptive Materials ETF (DMAT) and renamed in 2026, so the track record predates the rare-earth branding.globalxetfs.com

• SETM Mining exposure comes cheaper elsewhere in the group: PICK runs 0.39%, REMX 0.53%. The extra basis points buy Sprott's particular definition of critical materials.
• Miner shares move with commodity prices and government policy, so a single-theme equity basket can swing hard in both directions.
• Income is not the job here. Distributions arrive annually or semiannually, not on a monthly rhythm.

Full EART profile⁠

Full SETM profile⁠