SETM: SPROTT CRITICAL MATERIALS ETF
SPROTT CRITICAL MATERIALS ETF (SETM) Report
The SPROTT CRITICAL MATERIALS ETF (ticker: SETM) is an exchange-traded fund designed to provide exposure to companies involved in critical materials. As of October 12, 2026, the current price is $28.10.
What this ETF is trying to do
This ETF focuses on the critical materials sector. It holds a variety of companies, with 165 total holdings reported. Because the provided list is partial, we can only see the largest positions in the portfolio.
Top Holdings:
• FREEPORT-MCMORAN INC (5.87%)
• NATKY (5.17%)
• CAMECO CORP (4.51%)
• LYNAS RARE EARTHS LTD (4.09%)
• PLS GROUP LTD (3.94%)
• TECK RESOURCES LTD CLASS B (3.48%)
• URANIUM ENERGY CORP (3.27%)
• COMPANIA DE MINAS BUENAVENTURA SAA ADR (3.19%)
• ALBEMARLE CORP (3.11%)
• HECLA MINING CO (3.09%)
Please note that holdings can change over time.
What the numbers show
When looking at how this ETF has performed, it is important to distinguish between price return (the change in the share price) and total return (which includes distributions).
• Year-to-Date (YTD): The YTD price return is -2.94%, and the YTD total return is also -2.94%.
• One-Year: The one-year price return was approximately 5.52%. When including distributions, the one-year total return was approximately 7.26%.
• Three-Year: The three-year price return was approximately 65.00%. The three-year total return was approximately 75.18%.
An estimated price from roughly one year ago was $26.63.
Income and distribution explanation
SETM provides some level of cash income through distributions. The trailing distributions were $0.4527. This results in a distribution yield of approximately 1.61%.
The distribution frequency is described as "irregular" or "less frequent," with only one payout recorded in the last 12 months. Investors should remember that a distribution yield is not the same as a total return; it simply shows how much cash was paid out relative to the ETF's price.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the fund's underlying assets). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, regarding price movement, the fund has an erosion-risk score of 100, which is labeled as "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag.
Pros
• Strong Three-Year Growth: The fund has shown significant total returns over a three-year period.
• Low Price Erosion Risk: Based on the supplied erosion score, there are no signs of significant price deterioration.
Cons
• Irregular Income: Distributions are not frequent, which may make it difficult for investors relying on steady cash flow.
• Recent YTD Decline: The fund has experienced a slight price decline so far this year.
Beginner takeaway
SETM offers exposure to critical materials through a wide range of holdings. While it has shown strong growth over the last three years, its recent year-to-date performance has been negative. It also provides a modest distribution yield, though these payments are irregular.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | FREEPORT-MCMORAN INC | FCX | 5.87% |
| 2 | n/a | NATKY | 5.17% |
| 3 | CAMECO CORP | n/a | 4.51% |
| 4 | LYNAS RARE EARTHS LTD | n/a | 4.09% |
| 5 | PLS GROUP LTD | n/a | 3.94% |
| 6 | TECK RESOURCES LTD CLASS B (SUB VOTING) | n/a | 3.48% |
| 7 | URANIUM ENERGY CORP | UEC | 3.27% |
| 8 | COMPANIA DE MINAS BUENAVENTURA SAA ADR | BVN | 3.19% |
| 9 | ALBEMARLE CORP | ALB | 3.11% |
| 10 | HECLA MINING CO | HL | 3.09% |