(SETM) Energy Transition Materials - Overview
ETF Category: Natural Resources | Exchange: NASDAQ (USA) | Market Cap: 669m USD | Total Return: 150.6% in 12m
Avg Turnover: 8.54M
Warnings
Choppy
Tailwinds
Rs Leader, Idiosyncratic Leader
The Sprott Energy Transition Materials ETF (SETM) tracks an index of companies primarily involved in the upstream and midstream supply chains of critical minerals. To qualify for inclusion, firms must derive at least 50% of their revenue or assets from the exploration, production, processing, or recycling of materials essential for the global shift toward renewable energy and electrification.
The fund focuses on metals such as lithium, copper, nickel, and rare earth elements, which are fundamental components for electric vehicle batteries and power grid infrastructure. Unlike downstream manufacturers, these mining and refining companies are cyclical and highly sensitive to global commodity prices and geopolitical supply constraints. Detailed fundamental metrics for these holdings are available on ValueRay to assist with deeper comparative analysis.
As a non-diversified fund, SETM maintains concentrated positions in a specific subset of the natural resources sector. This structure allows for targeted exposure to the materials required for decarbonization technologies, though it increases sensitivity to regulatory changes and industrial demand shifts within the energy transition space.
- Global demand for critical minerals drives underlying constituent revenue growth
- Fluctuations in lithium and copper spot prices impact fund net asset value
- Expansion of electric vehicle manufacturing increases demand for battery metal miners
- Geopolitical instability in mining regions creates supply chain and cost volatility
- Regulatory shifts in green energy subsidies influence long term capital expenditure plans
As of May 30, 2026, the stock is trading at USD 36.85 with a total of 172,246 shares traded.
Over the past week, the price has changed by +5.59%,
over one month by +3.83%,
over three months by -4.61% and
over the past year by +150.56%.
Energy Transition Materials has no consensus analysts rating.