Sprott Critical Materials ETF
Page Menu - SETM
As of January 2, 2026
NAV
$29.74
NAV Daily Change
+$0.92
+3.19%
NAV Since Inception Cumulative Change1
54.21%
Ticker
SETM
Market Price2
$30.09
Premium/Discount3
1.18%
Total Net Asset Value
$261.39 Million
Net Total Expense Ratio4
0.65%
Overview
Key Points
- Pure-Play† Critical Materials ETF – Provides pure-play access to a range of critical materials necessary to meet the rising global demand for energy.
- Increased Demand Driving Growth – Global demand for electricity may rise 169% by 2050;†† as technological advancements gain momentum, middle classes grow globally, and nations pursue net-zero emissions goals.
- Substantial Opportunity for the Foreseeable Future – To meet the world’s energy demands and 2050 net-zero targets, global investment in energy is likely to increase trillions of dollars,††† given population growth, economic expansion and technological advancements.
- Well-Positioned Companies – Companies upstream in the supply chain may be well-positioned to benefit from the increased investment in the critical materials necessary to meet rising global demand for electricity.
Investment Objective
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 Index is designed to track the performance of a selection of global securities in the critical materials industry.
†The term “pure-play” relates directly to the exposure that the Fund has to the total universe of investable, publicly listed securities in the investment strategy.
††Source: IEA World Energy Outlook 2024, net-zero emissions scenario.
†††Energy Transition Investment Trends 2024, BloombergNEF.
Effective October 1, 2024, Sprott Energy Transition Materials ETF changed its name to Sprott Critical Materials ETF. The Fund's underlying index, the Nasdaq Sprott Energy Transition Materials™ Index, changed its name to the Nasdaq Sprott Critical Materials™ Index. The Fund's investment objective, the Index's selection methodology, and both tickers, remain the same.
Key Facts
Ticker
SETM
Listing Exchange
Nasdaq®
Benchmark Index
NSETM
Index Rebalance Frequency
Semi-Annually in June & December
ISIN
Show ISIN
ISIN: US85208P4028
Copyright 2026, American Bankers Association. CUISP Database provided by FactSet Research Systems Inc. All rights reserved.
CUSIP
Show CUSIP
CUSIP: 85208P402
Copyright 2026, American Bankers Association. CUISP Database provided by FactSet Research Systems Inc. All rights reserved.
Inception Date
February 1, 2023
Adviser
Sprott Asset Management USA, Inc.
Sub-Adviser
ALPS Advisors, Inc.
Distributor
ALPS Distributors, Inc.
Fees & Expenses4
| Management Fee | 0.65% |
| Other Expenses | 0.00% |
| Total Annual Fund Operating Expenses | 0.65% |
ETF Fund Details
January 2, 2026
Total Net Assets
$261,392,969.82
Shares Outstanding
8,790,000
Number of Holdings
127
Median 30 Day Bid Ask Spread
(As of 12/30/2025)
0.32%
Performance
Month-End Performance
Average Annual Total Returns (%) As of 12/31/2025
| Fund | 1 MO* | 3 MO* | YTD* | 1 YR | S.I.*1 |
| Sprott Critical Materials ETF (Net Asset Value) |
5.79 | 17.23 | 94.50 | 94.50 | 14.79 |
| Sprott Critical Materials ETF (Market Price)2 |
5.02 | 17.08 | 95.24 | 95.24 | 14.91 |
| Nasdaq Sprott Critical Materials™ Index (Benchmark)5 |
5.74 | 17.12 | 95.05 | 95.05 | 15.69 |
Quarter-End Performance
Average Annual Total Returns (%) As of 12/31/2025
| Fund | 1 MO* | 3 MO* | YTD* | 1 YR | S.I.*1 |
| Sprott Critical Materials ETF (Net Asset Value) |
5.79 | 17.23 | 94.50 | 94.50 | 14.79 |
| Sprott Critical Materials ETF (Market Price)2 |
5.02 | 17.08 | 95.24 | 95.24 | 14.91 |
| Nasdaq Sprott Critical Materials™ Index (Benchmark)5 |
5.74 | 17.12 | 95.05 | 95.05 | 15.69 |
Performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be higher or lower than actual data quoted. Call 888.622.1813 or visit www.sprottetfs.com for current month end performance. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.
* Returns less than one year are not annualized.
1 Inception Date: 2/1/2023.
2 Market Price is based on the midpoint of the bid/ask spread at 4 p.m. ET and does not represent the returns an investor would receive if shares were traded at other times.
3 The Premium/Discount is the amount (stated in dollars or percent) by which the selling or purchase price of an ETF is greater than (premium) or less than (discount) its face amount/value or net asset value (NAV).
4 Reflects Total Annual Operating Expenses as outlined in the most recent prospectus. For the services the Adviser (Sprott Asset Management USA, Inc.) provides to the Fund, the Adviser is entitled to receive an annual advisory fee from the Fund calculated daily and paid monthly at an annual rate of 0.65% of net assets.
5 The Nasdaq Sprott Critical Materials™ Index (NSETM™) was co-developed by Nasdaq® (the “Index Provider”) and Sprott Asset Management LP (the “Sponsor”). The Index Provider and Sponsor co-developed the methodology for determining the securities to be included in the Index and the Index Provider is responsible for the ongoing maintenance of the Index. The Sponsor will provide certain services in connection with the Index including contributing inputs in connection with the eligibility and process to determine the initial selection and ongoing composition of the Index constituents.
Market Price vs. Net Asset Value Since Inception
User Options: Mouse over the graph to view detailed daily values; click and drag your mouse to choose specific time frames. Click on the "Reset Zoom" button to return to the full timeline view.
Inception date: February 01, 2023.
Historical Premium/Discount: Market Price to Net Asset Value
User Options: Mouse over the graph to view detailed daily values; click and drag your mouse to choose specific time frames. Click on the "Reset Zoom" button to return to the full timeline view.
Inception date: February 01, 2023.
Frequency Distribution: Premium/Discount
Trading Days Each Quarter
Data updated as of January 4, 2026
| CY 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
| Days Traded at Premium | 204 | -- | -- | -- | -- |
| Days Traded at Discount | 40 | -- | -- | -- | -- |
Portfolio Characteristics*
As of 11/30/2025
| Number of Issuers | 87 |
| Market Cap (millions) | $557,256.60 |
| Weighted Avg. Company Market Cap (millions) | $12,967.49 |
| Market Cap Breakdown | |
| Large (>$10B) | 39.91% |
| Medium ($2 -$10B) | 42.21% |
| Small (<$2B) | 17.88% |
| Material Weightings††† | |
| Lithium Equities | 27.83% |
| Uranium Equities | 19.56% |
| Copper Equities | 18.98% |
| Rare Earths Equities | 14.48% |
| Silver Equities | 13.23% |
| Nickel Equities | 4.32% |
| Manganese Equities | 1.06% |
| Recyclers Equities | 0.40% |
| Graphite Equities | 0.15% |
††† Reflects equities classified by Sprott Asset Management.
Company Domicile Breakdown*
As of 11/30/2025
* Excludes cash
Critical Materials: Natural materials that are essential to the generation, transmission and storage of clean energy. SETM provides investors access to the miners who produce uranium, lithium, copper, nickel, silver, manganese, cobalt, graphite and rare earth elements.
Holdings
As of 1/02/2026
| Security | Market Value | Symbol | SEDOL | Quantity | Weight |
|---|---|---|---|---|---|
| Freeport-McMoRan Inc. | $13,657,226.49 | FCX | 2352118 | 262,993.00 | 5.22% |
| Cameco Corp. | $12,585,027.84 | CCJ | 2158684 | 127,689.00 | 4.81% |
| Albemarle Corp. | $12,517,592.10 | ALB | 2046853 | 86,970.00 | 4.79% |
| PLS Group Ltd. | $12,281,549.51 | PLS AU | B2368L5 | 4,256,540.00 | 4.70% |
| NAC Kazatomprom JSC | $11,327,250.20 | KAP LI | BGXQL36 | 204,463.00 | 4.33% |
| MP Materials Corp. | $10,032,904.52 | MP | BN15Y35 | 182,516.00 | 3.84% |
| Uranium Energy Corp. | $9,893,789.25 | UEC | B0VLLY2 | 754,675.00 | 3.79% |
| Lynas Rare Earths Ltd. | $9,745,968.66 | LYC AU | 6121176 | 1,191,337.00 | 3.73% |
| First Majestic Silver Corp. | $8,858,133.90 | AG | B01DH95 | 551,565.00 | 3.39% |
| Teck Resources Ltd. | $7,281,828.30 | TECK | 2124533 | 151,610.00 | 2.79% |
| Antofagasta PLC | $7,003,975.13 | ANTO LN | 0045614 | 159,861.00 | 2.68% |
| First Quantum Minerals Ltd. | $6,983,074.17 | FM CN | 2347608 | 257,179.00 | 2.67% |
| Paladin Energy Ltd. | $6,798,525.55 | PDN AU | 6668468 | 1,002,504.00 | 2.60% |
| IGO Ltd. | $6,635,548.27 | IGO AU | 6439567 | 1,207,298.00 | 2.54% |
| Lundin Mining Corp. | $6,501,608.46 | LUN CN | 2866857 | 300,538.00 | 2.49% |
| NexGen Energy Ltd. | $6,256,374.50 | NXE | BCH0BB4 | 610,378.00 | 2.39% |
| Denison Mines Corp. | $5,702,035.80 | DNN | B0122F3 | 1,881,860.00 | 2.18% |
| Southern Copper Corp. | $5,114,638.62 | SCCO | 2823777 | 34,398.00 | 1.96% |
| Liontown Ltd. | $5,076,041.21 | LTR AU | B1J89V5 | 4,680,486.00 | 1.94% |
| Energy Fuels Inc. | $4,194,202.68 | UUUU | BFV4XW8 | 251,451.00 | 1.60% |
| KGHM Polska Miedz SA | $3,886,252.49 | KGH PW | 5263251 | 49,243.00 | 1.49% |
| Iluka Resources Ltd. | $3,874,747.80 | ILU AU | 6957575 | 986,021.00 | 1.48% |
| Aya Gold & Silver Inc. | $3,770,524.95 | AYA CN | BK94091 | 266,508.00 | 1.44% |
| Ganfeng Lithium Group Co. Ltd. | $3,587,361.85 | 1772 HK | BZ9NS11 | 516,600.00 | 1.37% |
| Capstone Copper Corp. | $3,274,022.49 | CS CN | BMY5XY9 | 331,347.00 | 1.25% |
| CGN Mining Co. Ltd. | $3,090,012.71 | 1164 HK | B755514 | 7,430,050.00 | 1.18% |
| Endeavour Silver Corp. | $2,896,682.80 | EXK | B018TM7 | 321,140.00 | 1.11% |
| Hudbay Minerals Inc. | $2,358,936.00 | HBM | B05BQ98 | 117,360.00 | 0.90% |
| Silvercorp Metals Inc. | $2,349,211.20 | SVM | B01DQT8 | 281,680.00 | 0.90% |
| Cia de Minas Buenaventura SAA | $2,163,519.66 | BVN | 2210476 | 75,674.00 | 0.83% |
| Sigma Lithium Corp. | $2,076,805.71 | SGML | BNM4ZD8 | 146,151.00 | 0.79% |
| Ivanhoe Mines Ltd. | $1,962,723.24 | IVN CN | BD73C40 | 168,049.00 | 0.75% |
| NioCorp Developments Ltd. | $1,940,015.35 | NB | BMYD3L0 | 326,053.00 | 0.74% |
| MMG Ltd. | $1,933,781.35 | 1208 HK | 6728793 | 1,651,920.00 | 0.74% |
| Vizsla Silver Corp. | $1,927,986.96 | VZLA | BSB7Q07 | 349,273.00 | 0.74% |
| Elevra Lithium Ltd. | $1,901,736.34 | ELV AU | BVBM1M0 | 358,679.00 | 0.73% |
| Tianqi Lithium Corp. | $1,660,736.84 | 9696 HK | BMZ3RS4 | 247,150.00 | 0.64% |
| Aneka Tambang Tbk | $1,586,070.22 | ANTM IJ | 6053859 | 8,261,400.00 | 0.61% |
| Arafura Rare Earths Ltd. | $1,538,738.21 | ARU AU | 6711726 | 8,673,606.00 | 0.59% |
| Nickel Industries Ltd. | $1,505,365.92 | NIC AU | BZ7NDP2 | 2,498,506.00 | 0.58% |
| Americas Gold & Silver Corp. | $1,462,803.93 | USAS | BVMDRM4 | 286,263.00 | 0.56% |
| Avino Silver & Gold Mines Ltd. | $1,457,918.40 | ASM | B05P311 | 246,270.00 | 0.56% |
| Merdeka Battery Materials Tbk PT | $1,454,882.66 | MBMA IJ | BMBR1M2 | 39,234,900.00 | 0.56% |
| Lithium Americas Corp. | $1,448,911.35 | LAC | BQ2LQL5 | 303,755.00 | 0.55% |
| Vale Indonesia Tbk PT | $1,378,427.93 | INCO IJ | B0217K9 | 4,348,550.00 | 0.53% |
| Standard Lithium Ltd. | $1,232,848.04 | SLI | BF0QWN9 | 257,918.00 | 0.47% |
| AbraSilver Resource Corp. | $1,145,456.53 | ABRA CN | BR4XSQ5 | 148,547.00 | 0.44% |
| Ur-Energy Inc. | $1,142,940.60 | URG | B0WW4L2 | 747,020.00 | 0.44% |
| Eramet SA | $1,139,508.33 | ERA FP | 4017017 | 15,787.00 | 0.44% |
| Sunrise Energy Metals Ltd. | $1,084,025.85 | SRL AU | BN4MX14 | 206,277.00 | 0.41% |
| Encore Energy Corp. | $1,063,694.91 | EU CN | BN48958 | 392,695.00 | 0.41% |
| ERO Copper Corp. | $1,012,506.29 | ERO CN | BF02Z72 | 34,859.00 | 0.39% |
| Sandfire Resources Ltd. | $1,001,269.28 | SFR AU | 6739739 | 83,092.00 | 0.38% |
| Lindian Resources Ltd. | $972,603.46 | LIN AU | 6214816 | 3,500,810.00 | 0.37% |
| Deep Yellow Ltd. | $961,179.69 | DYL AU | 6480275 | 738,186.00 | 0.37% |
| Hindustan Copper Ltd. | $957,019.48 | HCP IN | B02GZ11 | 159,295.00 | 0.37% |
| Lithium Argentina AG | $905,288.28 | LAR | BS2CSN8 | 151,386.00 | 0.35% |
| Critical Metals Corp. | $885,550.96 | CRML | BSNX0D4 | 109,058.00 | 0.34% |
| Boss Energy Ltd. | $882,618.47 | BOE AU | B1XLCQ6 | 842,441.00 | 0.34% |
| Taseko Mines Ltd. | $874,104.00 | TGB | 2592066 | 156,090.00 | 0.33% |
| Meteoric Resources NL | $821,063.60 | MEI AU | B01CRT2 | 7,214,541.00 | 0.31% |
| Trimegah Bangun Persada Tbk PT | $820,363.46 | NCKL IJ | BP69061 | 11,773,800.00 | 0.31% |
| NGEx Minerals Ltd. | $670,194.89 | NGEX CN | BVBCQW5 | 36,743.00 | 0.26% |
| Pensana PLC | $657,606.03 | PRE LN | BKV4DS9 | 554,089.00 | 0.25% |
| Vulcan Energy Resources Ltd. | $644,008.41 | VUL AU | BKYBH63 | 218,635.00 | 0.25% |
| MOIL Ltd. | $516,668.38 | MOIL IN | B4NRBT1 | 124,208.00 | 0.20% |
| Uranium Royalty Corp. | $491,033.40 | UROY | BL7BHH8 | 126,555.00 | 0.19% |
| American Battery Technology Co. | $485,443.70 | ABAT | BQC80B4 | 131,201.00 | 0.19% |
| Core Lithium Ltd. | $484,972.85 | CXO AU | B4XFS83 | 2,634,302.00 | 0.19% |
| Pam Mineral Tbk PT | $484,170.16 | NICL IJ | BP2PSH0 | 5,845,000.00 | 0.19% |
| Jupiter Mines Ltd. | $482,132.20 | JMS AU | BF4J2C3 | 2,618,872.00 | 0.18% |
| Talon Metals Corp. | $463,248.15 | TLO CN | B0796T0 | 1,026,132.00 | 0.18% |
| Magna Mining Inc. | $441,746.82 | NICU CN | BLDC8H2 | 204,267.00 | 0.17% |
| Minsur SA | $440,025.23 | MINSURI1 | 2595797 | 264,133.00 | 0.17% |
| Ivanhoe Electric Inc. / US | $426,931.20 | IE | BPF0KH6 | 26,112.00 | 0.16% |
| Brazilian Rare Earths Ltd. | $411,595.69 | BRE AU | BMVMLB6 | 160,949.00 | 0.16% |
| IsoEnergy Ltd. | $410,806.25 | ISO CN | BTTRKM6 | 40,942.00 | 0.16% |
| Northern Minerals Ltd. | $405,818.88 | NTU AU | B1FMNY2 | 19,554,710.00 | 0.16% |
| ATALAYA MINING COPPER SA | $404,306.99 | ATYM LN | BYZTVM8 | 35,474.00 | 0.15% |
| Bannerman Energy Ltd. | $399,820.32 | BMN AU | B07DXJ1 | 173,615.00 | 0.15% |
| New Pacific Metals Corp. | $388,231.41 | NEWP | BMX73Y6 | 113,187.00 | 0.15% |
| Syrah Resources Ltd. | $379,827.59 | SYR AU | B23HV20 | 1,668,739.00 | 0.15% |
| Guanajuato Silver Co. Ltd. | $374,630.79 | GSVR CN | BMDM727 | 745,651.00 | 0.14% |
| Mkango Resources Ltd. | $364,600.03 | MKA LN | BDHL9H6 | 564,492.00 | 0.14% |
| Andean Precious Metals Corp. | $357,685.51 | APM CN | BNDS6V4 | 50,642.00 | 0.14% |
| ioneer Ltd. | $354,580.25 | INR AU | BGYBHZ4 | 2,648,289.00 | 0.14% |
| Sungeel Hitech Co. Ltd. | $354,569.05 | 365340KS | BP2SMJ9 | 12,294.00 | 0.14% |
| Aclara Resources Inc. | $336,308.60 | ARA CN | BMG55Q3 | 204,367.00 | 0.13% |
| Unico Silver Ltd. | $319,285.51 | USL AU | BQXR4J6 | 551,371.00 | 0.12% |
| Peninsula Energy Ltd. | $317,345.00 | PEN AU | 6486381 | 682,068.00 | 0.12% |
| Lotus Resources Ltd. | $315,347.25 | LOT AU | BK6XLC1 | 2,546,233.00 | 0.12% |
| Xinjiang Xinxin Mining Industry Co. Ltd. | $314,118.12 | 3833 HK | B24FHB4 | 805,000.00 | 0.12% |
| Silver Mines Ltd. | $304,134.62 | SVL AU | B1HMJH5 | 2,163,353.00 | 0.12% |
| Australian Strategic Materials Ltd. | $297,227.90 | ASM AU | BMTTJZ9 | 629,769.00 | 0.11% |
| Blackrock Silver Corp. | $295,378.82 | BRC CN | BNGHFP5 | 285,675.00 | 0.11% |
| Global Atomic Corp. | $294,971.80 | GLO CN | BF11BK3 | 455,168.00 | 0.11% |
| Rainbow Rare Earths Ltd. | $243,648.82 | RBW LN | BD59ZW9 | 1,065,118.00 | 0.09% |
| FireFly Metals Ltd. | $242,375.74 | FFM AU | BPDXXB2 | 175,753.00 | 0.09% |
| PMET Resources Inc. | $242,118.41 | PMT AU | BP2VWP4 | 602,778.00 | 0.09% |
| Lake Resources NL | $224,614.28 | LKE AU | 6397267 | 2,485,332.00 | 0.09% |
| Canada Nickel Co. Inc. | $215,795.32 | CNC CN | BLHTRV6 | 197,575.00 | 0.08% |
| Solaris Resources Inc. | $215,532.87 | SLS CN | BMQ5701 | 27,433.00 | 0.08% |
| Nouveau Monde Graphite Inc. | $212,100.20 | NMG | BMTR4P8 | 81,577.00 | 0.08% |
| Silver X Mining Corp. | $208,817.92 | AGX CN | BMBYK71 | 263,101.00 | 0.08% |
| European Lithium Ltd. | $205,048.35 | EUR AU | BDGJNV3 | 1,976,084.00 | 0.08% |
| Lifezone Metals Ltd. | $203,823.30 | LZM | BLCY1J2 | 46,535.00 | 0.08% |
| Aftermath Silver Ltd. | $190,977.88 | AAG CN | BDFS6H8 | 245,121.00 | 0.07% |
| Graphite One Inc. | $183,240.32 | GPH CN | BJ9N154 | 132,449.00 | 0.07% |
| Atex Resources Inc. | $178,445.26 | ATX CN | BJLHNG9 | 70,220.00 | 0.07% |
| Amerigo Resources Ltd. | $173,021.59 | ARG CN | 2855822 | 53,040.00 | 0.07% |
| Trilogy Metals Inc. | $163,922.67 | TMQ | BD89HT7 | 35,713.00 | 0.06% |
| Imperial Metals Corp. | $160,659.15 | III CN | 2878937 | 22,175.00 | 0.06% |
| SolGold PLC | $158,203.58 | SOLG LN | B0WD0R3 | 425,210.00 | 0.06% |
| American Rare Earths Ltd. | $155,106.84 | ARR AU | BMHKT87 | 643,590.00 | 0.06% |
| Kootenay Silver Inc. | $134,177.47 | KTN CN | BR1YVC8 | 87,333.00 | 0.05% |
| Arizona Sonoran Copper Co. Inc. | $127,605.30 | ASCU CN | BMC50Y0 | 36,059.00 | 0.05% |
| Gruvaktiebolaget Viscaria | $123,669.27 | VISC SS | BNDXB92 | 56,297.00 | 0.05% |
| Central Asia Metals PLC | $116,228.75 | CAML LN | B67KBV2 | 46,489.00 | 0.04% |
| Faraday Copper Corp. | $115,642.18 | FDY CN | BLNNJN8 | 55,337.00 | 0.04% |
| AIC Mines Ltd. | $101,351.07 | A1M AU | BK9PVF7 | 254,444.00 | 0.04% |
| Aeris Resources Ltd. | $100,071.51 | AIS AU | BZ8W0K2 | 257,729.00 | 0.04% |
| Westwater Resources Inc. | $98,919.40 | WWR | BJHG304 | 119,180.00 | 0.04% |
| Philex Mining Corp. | $96,283.46 | PX PM | B1FHVG5 | 570,000.00 | 0.04% |
| 29Metals Ltd. | $79,311.99 | 29M AU | BNNVRL0 | 213,465.00 | 0.03% |
| Midnight Sun Mining Corp. | $56,105.00 | MMA CN | B2NWY60 | 55,037.00 | 0.02% |
| Jinchuan Group International Resources Co. Ltd. | $26,583.49 | 2362 HK | 6373988 | 323,600.00 | 0.01% |
| Leo Lithium Ltd. | $159.28 | LLL AU | BPX2X20 | 23,792.00 | 0.00% |
| Cash Equivalent | $713,124.60 | $713,124.60 | 0.24% |
127 total, excluding cash and cash equivalents. Subject to change.
Distributions
Ex-Date |
Record Date |
Payable Date |
Short-Term Capital Gains |
Long-Term Capital Gains |
Ordinary Income |
Total Distributions |
12/14/2023 |
12/15/2023 |
12/21/2023 |
$0.01 |
- |
$0.43 |
$0.44 |
12/12/2024 |
12/12/2024 |
12/19/2024 |
- |
- |
$0.31 |
$0.31 |
12/18/2025 |
12/18/2025 |
12/22/2025 |
- |
- |
$0.45 |
$0.45 |
Literature
Fact Sheet
Quarterly Investor Presentation
Index Rebalance
White Paper
FAQs
Year-End Distributions
Regulatory Documents
- Semi-Annual Financial Statements and Other Important Information, June 30, 2025
- Tailored Shareholder Report, June 30, 2025
- Annual Reports Financial Statements and Other Important Information, December 31, 2024
- Tailored Shareholder Report, December 31, 2024
- Tailored Shareholder Report, June 30, 2024
- Semi-Annual Financial Statements and Other Important Information, June 30, 2024
- Summary Prospectus
- Statutory Prospectus
- Statement of Additional Information
- Annual Report, December 31, 2023
Commentary
Metals & Mining: Year in Review, Future in Focus
BY WHITNEY GEORGE, JUSTIN TOLMAN AND ED COYNE · 12/17/2025
Host Ed Coyne speaks to Sprott CEO Whitney George and Portfolio Manager Justin Tolman about the firm's strong performance in 2025, highlighting significant gains across gold, silver, copper and related strategies, driven by resource nationalization and supply disruptions. Looking ahead to 2026, they anticipate continued opportunities, increased investor interest and ongoing M&A activity as the mining and metals space gains broader recognition.
Nasdaq Talk Your Ticker: SETM
BY STEVE SCHOFFSTALL · 12/5/2025
Steve Schoffstall joins Nasdaq’s Talk Your Ticker to discuss the Sprott Critical Materials ETF (SETM), highlighting its pure-play exposure to miners of nine essential metals and its role in diversifying portfolios amid rising energy demand and security concerns.
Lithium Gains Momentum in 2025
BY JACOB WHITE · 12/2/2025
Lithium has entered a renewed bull phase as tightening supply, rising global demand from EVs to data centers, and major strategic investments shift the market from surplus toward potential deficit. Governments, oil majors and tech giants are racing to secure supply, solidifying lithium's essential role in long-term energy security.
National Security, Mining Investment and the Future of Materials: A Critical Crossroads
BY STEVE SCHOFFSTALL · 11/27/2025
In this episode of Metals in Motion, Steve Schoffstall discusses how government initiatives and major private-sector investment are transforming the critical materials space. New U.S. equity stakes, global agreements and nuclear projects are accelerating efforts to rebuild secure domestic supply chains.
Rare Earths and Critical Minerals: The Hidden Engine of Electrification
BY STEVE SCHOFFSTALL · 11/3/2025
Sprott’s Steve Schoffstall joins James Connor to discuss the global race for critical materials, from rare earths and uranium to lithium and copper. Schoffstall discusses how investors can gain exposure through Sprott’s suite of innovative ETFs.
Sprott Uranium Report: Investors Act with Conviction
BY JACOB WHITE · 10/06/2025
Uranium prices and miners surged in September, fueled by tight supply and strong utility demand. The rally drew renewed investor interest, with capital flows into uranium equities and ETFs reinforcing confidence in the sector’s momentum.
Copper Fundamentals Prevail After Tariff Turmoil
BY JACOB WHITE · 9/08/2025
Copper rallied in August, with junior copper miners taking top performance honors. Policy momentum is accelerating as copper gains critical minerals status and attracts major investment. Copper miners are enjoying strong margins as copper demand rises to support electrification, AI and defense.
How to Purchase
Invest Now
Sprott ETFs are liquid, convenient investments that can be purchased like any regular stock through discount and full-service brokers. You can purchase and trade shares of Sprott ETFs directly through your online brokerage firm; these firms may include:
U.S. Investors
Canadian Investors
Contact Us
Investment Adviser
Sprott Asset Management USA, Inc.
320 Post Road, Suite 230
Darien, CT 06820
Telephone: 888.622.1813
Distributor and Sub-Adviser
ALPS
1290 Broadway, Suite 1100
Denver, CO 80203
Client Services
Financial Advisors and Investors
Telephone: 888.622.1813
Email: bullion@sprott.com
Standard Mail
Sprott ETFs
P.O. Box 1107
Denver, CO 80201
Overnight Mail
Sprott ETFs
1290 Broadway
Suite 1100
Denver, CO 80203