VanEck Rare Earth and Strategic Metals ETF
REMX
New York Stock Exchange Arca- -
USD
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- -
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
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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
- Oct 28, 2010
- CIK
- 0001137360
- Website
- vaneck.com
- Similar Companies
- Business
- VanEck Rare Earth and Strategic Metals ETF (REMX) is an exchange-traded fund that seeks to replicate the price and yield performance, before fees and expenses, of the MVIS Global Rare Earth/Strategic Metals Index; the index tracks the performance of companies involved in the producing, refining, and recycling of rare earth and strategic metals and minerals, including lithium, cobalt, and other materials essential to advanced technologies. Launched on October 27, 2010, and issued by VanEck, a New York-based asset manager headquartered at 666 Third Avenue, New York, NY, REMX provides investors with pure-play exposure to global companies deriving at least 50% of revenues from the rare earth and strategic metals industry; holdings span miners, refiners, and producers such as Pilbara Minerals Ltd (Australia), Albemarle Corp (United States), Sociedad Química y Minera de Chile SA (Chile), China Northern Rare Earth Group High-Tech Co Ltd (China), Lynas Rare Earths Ltd (Australia), MP Materials Corp (United States), and Ganfeng Lithium Group Co Ltd (China), with top sectors concentrated in materials (99.55%) and geographic weightings led by Australia (25.54%), China (24.58%), and the United States (19.58%). The ETF trades on the NYSE Arca exchange with a net expense ratio of 0.58%, total net assets of approximately $1.56 billion as of December 2025, and supports options trading; it offers one-trade access to this volatile sector amid supply constraints, geopolitical tensions, and demand from defense, electric vehicles, and renewables. In recent developments, REMX hit a new 52-week high in October 2025, surging over 136% from its low, driven by China's export restrictions on rare earth products requiring government licenses for foreign shipments containing more than 0.1% rare earth content, which intensified U.S.-China trade tensions and boosted sector momentum; the fund reported strong year-to-date returns exceeding 82% as of mid-December 2025 amid these dynamics. VanEck, the issuer, announced product-line changes in 2025 including a 5-for-1 forward stock split for its VanEck Environmental Services ETF (EVX) in January and plans to close other unrelated ETFs, reflecting ongoing portfolio optimizations, though REMX itself remains active with stable indexing via Shanghai-Hong Kong Stock Connect access for certain A-shares.