EMET vs SETM

EMETCVanEck Copper and Green Metals ETF

SETMBSprott Critical Materials ETF

In short

EMET Copper is the spine of electrification, but wiring a grid takes a whole shelf of metals. EMET tracks a global index of the companies that mine, refine and recycle them, about 60 names, for 0.62% a year.

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

EMET The Fund seeks to track, before fees and expenses, the price and yield performance of the MarketVector Global Electrification Metals Index. That index covers companies involved in producing, refining, processing, and recycling metals critical to global electrification.

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

Why people hold it

• EMET The mandate reaches past the mine: the index covers producing, refining, processing and recycling of electrification metals, so midstream and scrap names qualify too.vaneck.com
• 0.62% a year sits just under the midpoint of its critical-materials peer group, and the hunting ground is global rather than one country's mining sector.
• Not a one-metal wager: copper sits alongside the other metals the index treats as critical to electrification, spread across roughly 60 companies.

• 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

• EMET One of the smaller, more thinly traded funds in this corner of the market, so the real cost of getting in and out can exceed the headline fee.
• Broader metals exposure comes cheaper: PICK (0.39%) and VanEck's own REMX (0.53%) undercut it, though neither is built around the electrification basket.
• Miner equities move with metal prices, and with a 2021 launch this one has not yet run through a full commodity cycle.

• 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 EMET profile⁠

Full SETM profile⁠