BetaShares Energy Transition Metals ETF (ASX: XMET) $16.95

The BetaShares Energy Transition Metals ETF (XMET) invests in global miners and materials producers supplying the critical metals underpinning the energy transition, providing diversified exposure to long-term themes such as EVs, battery storage, grid infrastructure and renewable energy. A very topical and exciting place to be investing through 2026, which can be seen by the ETF’s performance over the last 12 months (+103%), While it’s been more muted so far in 2026 (+16%), it’s still well and truly outperformed the ASX.

The ETF’s largest two holdings are Pilbara (ASX: PLS) and BHP Group (ASX: BHP), though only ~27% of the stocks held are listed on the ASX, demonstrating the global nature of the ETF, which currently holds 40 stocks. The management fee of 0.69% is ok, not cheap, but its performance cannot be ignored.

• We can see the XMET ETF initially testing $20 in 2026, or 18-20% higher.