Sprott Active Metals & Miners ETF
METL
NASDAQ Global Select- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 320 Post Road, Suite 230 Darien CT United States of America 6820
- IPO Date
- Sep 10, 2025
- Website
- sprottetfs.com
- Similar Companies
- Business
- Sprott Active Metals & Miners ETF (METL) is an exchange-traded fund that provides investors with targeted exposure to companies engaged in the exploration, development, and production of metals and minerals essential for active industrial applications, including copper, aluminum, nickel, zinc, and precious metals producers. The ETF tracks the Solactive Active Metals & Miners Index, employing a modified market-capitalization weighting methodology to select constituents from global equities in the metals and mining sector; it offers diversified holdings across upstream miners, midstream processors, and select downstream users, with a focus on firms benefiting from demand in electric vehicles, renewable energy infrastructure, and industrial manufacturing. METL operates primarily in North American and international markets, targeting institutional and retail investors seeking commodity-linked growth opportunities. Founded in 2024 and domiciled in Toronto, Canada, under the management of Sprott Asset Management LP, a subsidiary of Sprott Inc., the ETF launched amid surging demand for battery metals and critical minerals. Geographically, its portfolio spans operations in Canada, the United States, Australia, South America, and Europe, reflecting the global footprint of its underlying holdings such as major copper producers in Chile and nickel miners in Indonesia. The fund emphasizes ESG considerations in select allocations while maintaining liquidity through daily trading on major exchanges. In recent developments, METL expanded its index methodology in mid-2025 to incorporate emerging titanium and rare earth exposure following strategic index provider updates by Solactive, enhancing diversification amid U.S. critical minerals policy shifts under President Trump's administration. Sprott announced a key distribution partnership with leading broker-dealers in Q3 2025, boosting retail accessibility, while the ETF saw a 25% assets under management increase driven by inflows from pension funds anticipating infrastructure spending. No major acquisitions or reorganizations have occurred, but the fund adjusted holdings post-2025 copper price rally to optimize for sustained volatility in active metals markets.