ATLASSprott Critical Materials ETF (SETM): outlook, holdings and fees
Sprott Critical Materials ETF (SETM) is an exchange-traded fund and is managed by Sprott. The expense ratio is 0.66% and the yield is 1.55%. The ten largest holdings are 39% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on SETM
| Last price | $24.41 (-5.9%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 49% |
| Likely 1-month range (50%) | $22.63 – $26.23 |
| Normal 1-day range (±1σ) | ±2.5% |
| Distribution yield | 1.55% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
SETM fund facts
| Issuer | Sprott |
|---|---|
| Theme | Materials & mining |
| Assets under management | $491M |
| Expense ratio | 0.66% |
| Number of holdings | 50 |
| Portfolio turnover | 0% |
| Inception | Feb 1, 2023 |
| Exchange | NASDAQ |
The fund invests at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that derive at least 50% of their revenue and/or assets from (i) mining, exploration, development, production, recycling, refining, or smelting of energy transition materials; (ii) investments in energy transition materials that represent all or a significant portion of their assets. The fund is non-diversified.
SETM top holdings
| Holding | Sector | Weight |
|---|---|---|
| Freeport-McMoran Copper & Gold Inc FCX | Basic Materials | 5.82% |
| Cameco Corp CCO | Energy | 4.99% |
| Lynas Rare Earths Ltd LYC | Basic Materials | 4.14% |
| National Atomic Co Kazatomprom JSC ADR KAP | Energy | 3.77% |
| Pilbara Minerals Ltd PLS | Basic Materials | 3.51% |
| Teck Resources Limited TECK-B | Basic Materials | 3.59% |
| Hecla Mining Company HL | Basic Materials | 3.25% |
| Albemarle Corp ALB | Basic Materials | 3.42% |
| Uranium Energy Corp UEC | Energy | 3.30% |
| Sociedad Quimica y Minera de Chile SA ADR B SQM | Basic Materials | 3.19% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
SETM sector breakdown
| Sector | Weight |
|---|---|
| Basic Materials | 75.9% |
| Energy | 23.1% |
| Industrials | 0.9% |
By region: North America 57.5%, Australasia 20.1%, Asia Emerging 9.7%, Latin America 6.7%, United Kingdom 3.2%.
SETM returns and risk
| Year to date | -3.0% |
|---|---|
| 1 year | +7.1% |
| 3 years (annualised) | +21.4% |
| Volatility (3 years) | 34.3% |
| Sharpe ratio (3 years) | 0.58 |
Past returns do not guarantee future results.
SETM: frequently asked questions
What does SETM invest in?
Sprott Critical Materials ETF invests in a portfolio of securities. Its largest holdings are Freeport-McMoran Copper & Gold Inc (5.8%), Cameco Corp (5.0%), Lynas Rare Earths Ltd (4.1%), National Atomic Co Kazatomprom JSC ADR (3.8%), Pilbara Minerals Ltd (3.5%).
What is the SETM expense ratio?
0.66% a year: about $66.00 for every $10,000 invested.
What is the SETM dividend yield?
1.55%. ATLAS does not hold the exact distribution dates for ETFs.
Will SETM go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 49%, with a likely range (50%) of $22.63 to $26.23 from $24.41 today. It is a probability, not a prediction.
How has SETM performed?
Year to date -3.0%, one year +7.1%, three years +21.4% a year. Past returns do not guarantee future results.
Similar ETFs: Materials & mining
- State Street Materials Select Sector SPDR ETF (XLB)
- SPDR S&P Metals & Mining ETF (XME)
- Vanguard Materials Index Fund ETF Shares (VAW)
- abrdn Physical Precious Metals Basket Shares ETF (GLTR)
- iShares MSCI Global Metals & Mining Producers ETF (PICK)
- VanEck Rare Earth and Strategic Metals ETF (REMX)
- iShares U.S. Basic Materials ETF (IYM)
- Fidelity MSCI Materials Index ETF (FMAT)
Educational information, not investment advice. Disclaimer