Sprott Critical Materials ETF
SETM
NASDAQ Global Market- -
USD
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- -
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
- 320 Post Road, Suite 230 Darien CT United States of America 6820
- IPO Date
- Feb 2, 2023
- Website
- sprottetfs.com
- Similar Companies
- Business
- Sprott Critical Materials ETF (Nasdaq: SETM) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Critical Materials™ Index (NSETM™). The ETF offers pure-play exposure to a broad range of global securities in the critical materials industry, focusing on upstream companies involved in mining, development, production, refining, or smelting of essential materials for energy generation, transmission, and storage; these include uranium, lithium, copper, nickel, silver, manganese, cobalt, graphite, and rare earth elements. Holdings encompass equities across market capitalizations, with significant weightings in lithium (27.83%), uranium (19.56%), copper (18.98%), rare earths (14.48%), and silver (13.23%) as of November 30, 2025, featuring top positions in companies such as Pilbara Minerals Ltd., Albemarle Corp., MP Materials Corp., and First Majestic Silver Corp. The fund targets investors seeking diversified access to energy transition materials, supporting global demand driven by electrification, net-zero goals, and technological advancements. Launched on February 1, 2023, and managed by Sprott Asset Management USA, Inc. (headquartered in Darien, Connecticut), with ALPS Advisors, Inc. as sub-adviser and ALPS Distributors, Inc. as distributor, SETM operates with a net expense ratio of 0.65% and trades on Nasdaq. Sprott, founded in 1981 and based in Toronto, Ontario, with U.S. offices in Connecticut, New York, and Carlsbad, California, specializes in precious metals and critical materials strategies through ETFs, physical trusts, and private investments. The ETF's portfolio includes 88 holdings from diverse domiciles, primarily Australia, the United States, Canada, and emerging markets, emphasizing companies deriving a majority of revenue from critical materials. In recent developments, SETM reached $100 million in assets under management as of September 23, 2025, reflecting strong investor interest amid rising energy demands and supply constraints. Effective October 1, 2024, the fund changed its name from Sprott Energy Transition Materials ETF to Sprott Critical Materials ETF, accompanied by a rebranding of its underlying index from Nasdaq Sprott Energy Transition Materials™ Index to Nasdaq Sprott Critical Materials™ Index, while preserving its investment objective, selection methodology, and ticker. Assets continued to grow, surpassing $206 million by December 17, 2025, underscoring its positioning in the burgeoning critical materials sector.