VanEck Green Metals ETF
GMET
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 666 Third Avenue, 9th Floor New York NY United States of America 10017
- IPO Date
- Nov 11, 2021
- CIK
- 0001137360
- Similar Companies
- Business
- VanEck Green Metals ETF (GMET) is an exchange-traded fund that seeks to replicate the performance of the MVIS Global Clean-Tech Metals Index (MVGMETTR), tracking companies worldwide engaged in the production, refining, processing, and recycling of green metals essential for the energy transition from fossil fuels to cleaner technologies. Green metals encompassed by the fund include copper, lithium, nickel, cobalt, zinc, rare earth elements, platinum group metals, and manganese; the portfolio holds approximately 57 equities with top weightings in firms such as Anglo American Plc, Glencore Plc, Grupo Mexico SAB de CV, Freeport-McMoRan Inc, and Teck Resources Ltd. The ETF provides comprehensive global exposure across materials (97.58%) and industrials (2.31%) sectors, with significant allocations to companies in South Africa (17.51%), China (14.46%), Australia (12.47%), Canada (11.03%), the United States (11.01%), and Mexico (10.22%). Launched on November 9, 2021, by VanEck, a New York City-based global investment manager founded in 1955 and headquartered at 666 Third Avenue, New York, NY 10017, GMET targets investors seeking diversified access to clean-tech metals producers, refiners, processors, and recyclers amid rising demand outstripping supply. No major acquisitions, partnerships, funding rounds, or strategic shifts specific to GMET have been reported in the last 1-2 years; the fund maintains its core focus on index replication with ongoing portfolio adjustments reflecting market-cap weighting and holdings transparency, including recent inclusions like China Northern Rare Earth Group High-Tech Co., Ltd. and MP Materials Corp. As of December 17, 2025, GMET manages total net assets of $26.66 million with a net expense ratio of 0.61% and annual yield of 0.42%, distributing dividends annually on a 1099 tax basis without derivatives or currency hedging.