Overview
Description
The VanEck Rare Earth/Strategic Metals ETF is an exchange-traded fund that focuses on investing in securities associated with the production and refinement of rare earth and strategic metals. These metals play a crucial role in the technology and energy sectors due to their essential use in the manufacturing of high-tech components, renewable energy technologies, and military applications. This ETF captures a niche portion of the metals and mining sector, comprising companies that mine, refine, and fabricate rare earth and strategic metals. Given their application in crucial industries like electronics, aerospace, and automotive, these metals are foundational to modern technological advancement. The VanEck Rare Earth/Strategic Metals ETF provides exposure to this specialized and globally significant market, aiming to track the performance of the MVIS Global Rare Earth/Strategic Metals Index. As such, it has become a vehicle for investors seeking to benefit from the growth and demand dynamics of these indispensable elements in the global economy."}
About
Address
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Phone
888-658-8287
Website
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Instrument type
ETF
Country
Germany
MIC code
XBER