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BetaShares Energy Transition Metals ETF (XMET)

XMET $12.78

20 minute delayed

Today ▲ 3.06%
1 year return ▲ 11.13%
Volume 69,345
Div yield —
PE ratio —
52 week range
11.61 19.05

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Performance

Advanced charting functionality with the ability to amend timeframes, chart type & indicator selection, powered by TradingView.

Share price activity

Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
Last (Price)
12.78
Change
▲ 0.38 (3.06)
Bid / Ask
12.77 - 12.90
Volume
69,345
Turnover
887,629
Open
12.60
Day Range
12.60 - 12.90
VWAP
12.80
Prev Close
12.40
Last Trade
10/11 3:59pm

Fund profile

Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.

Fund size

$85.5M

NOV 2026

Total cost ratio

0.69%

per year

Distributions

Semi-Annually

Since inception

4.0 yrs

OCT 2022

Legal name
Betashares Critical Minerals ETF
Issuer
BetaShares Capital Ltd
Type
Exchange-Traded Fund
Structure
Open Ended Investment Company
Management style
Index fund
Morningstar category
Equity Global Resources
Category index
S&P Global Natural Resources TR USD
Benchmark
Nasdaq Sprott Energy Tran Mat Sel NR AUD
ETF net assets
$85.5M
Units on issue
10.0M
Management fee
0.69% p.a.
Domicile
Australia
Base currency
AUD
ISIN
AU0000237406
Inception
26 OCT 2022
Listed
28 OCT 2022
Index provider
NASDAQ Index

Objective and strategy

The investment objective of the Fund is to provide an investment return that aims to track the performance of the Nasdaq Sprott Energy Transition Materials Select Index (the “Index”), before taking into account fees and expenses.

Asset allocation · 30 SEP 2026

Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.

US equity 18.33%Non-US equity 76.25%

Asset class Net % Long % Short %
Equity 94.58 94.58 0.00
Bond -1.03 5.73 6.76
Cash 6.40 6.61 0.21
Other 0.05 0.08 0.03

Sector exposure

Displays the share of the fund held in each sector, sourced from Morningstar.

Cyclical 95.29%Sensitive 4.71%Defensive 0.00%

Basic Materials
95.29%
Industrials
4.71%
Consumer Cyclical
0.00%
Financial Services
0.00%
Real Estate
0.00%
Communication Services
0.00%
Energy
0.00%
Technology
0.00%
Consumer Defensive
0.00%
Healthcare
0.00%
Utilities
0.00%

Region exposure

Displays the share of the fund held in each region, sourced from Morningstar.

Developed markets 88.84%Emerging markets 11.16%

North America
53.06%
Australasia
25.53%
United Kingdom
6.58%
Latin America
6.36%
Europe Developed
3.14%
Asia Emerging
2.88%
Africa / Middle East
1.93%
Japan
0.53%
Europe Emerging
0.00%
Asia Developed
0.00%

Country exposure

Displays the twelve countries the fund holds most of, sourced from Morningstar.
Canada
33.67%
Australia
25.53%
United States
19.38%
United Kingdom
6.58%
Chile
4.84%
China
2.88%
South Africa
1.93%
Peru
1.52%
Belgium
1.42%
Germany
1.20%
Japan
0.53%
France
0.52%

Style box

Displays where the fund's shareholdings sit on Morningstar's style box: size (large, mid, small) down and investment style (value, blend, growth) across, sourced from Morningstar.
Style
Mid Growth

Size score

178

Small Mid Large

Value-growth score

266

Value Blend Growth

Economic moat

None 56%Narrow 44%Wide 0%

Market capitalisation

Displays the share of the fund's shareholdings in giant, large, mid, small and micro cap companies, sourced from Morningstar.
Giant
5.54%
Large
41.94%
Mid
33.50%
Small
18.10%
Micro
0.93%

Giant 6%Large 42%Mid 33%Small 18%Micro 1%

Average market cap
$19.54B
Number of holdings
43
Shares held
42

Portfolio statistics · 30 SEP 2026

Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
Price / earnings
19.88
Price / book
2.72
Price / sales
2.62
Price / cash flow
12.36
Dividend yield
1.07%
Assets in top 10
51.69%
Return on equity
11.71%
Net margin
14.20%
Earnings growth (3 yr)
-3.93%

Top holdings · top 10 = 51.69% of assets

Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
Holding % Weight First bought Market value Currency Units held Sector Country
Anglo American PLC AAL 5.62 MAR 2026 7.8M GBP 100,834 Basic Materials United Kingdom
Teck Resources Ltd Class B (Sub Voting) TECK.B 5.50 MAR 2025 7.6M CAD 80,741 Basic Materials Canada
CFS FC-T. Rowe Price Dynamic Bond 5.43 — 7.6M AUD 105,017 — Australia
Southern Copper Corp SCCO 5.42 OCT 2022 7.5M USD 25,867 Basic Materials United States
Freeport-McMoRan Inc FCX 5.28 OCT 2022 7.3M USD 72,884 Basic Materials United States
BHP Group Ltd BHP 5.23 MAR 2026 7.3M AUD 119,692 Basic Materials Australia
Lundin Mining Corp LUN 4.99 MAR 2026 6.9M CAD 202,145 Basic Materials Canada
First Majestic Silver Corp AG 4.85 SEP 2025 6.7M CAD 264,926 Basic Materials Canada
Lynas Rare Earths Ltd LYC 4.79 OCT 2022 6.7M AUD 481,130 Basic Materials Australia
Sociedad Quimica Y Minera De Chile SA ADR SQM 4.58 SEP 2023 6.4M USD 68,171 Basic Materials Chile

Trailing returns · 31 OCT 2026

Displays total returns after fees at net asset value, the return at the ASX market price, the return before fees, and where the fund ranks among funds in its Morningstar category, sourced from Morningstar.

Fund (NAV) Market price

1M

-15.8

3M

-11.5

6M

-25.6

YTD

-10.3

1Y

8.5

3Y

26.3

Period Fund (NAV) % Market price % Before fees % Rank in category
1 month -15.80 -14.02 -15.75 84 / 21
3 months -11.50 -9.92 -11.35 65 / 20
6 months -25.58 -22.12 -25.32 22 / 17
Year to date -10.28 -8.84 -9.77 29 / 15
1 year 8.52 10.25 9.27 22 / 15
3 years p.a. 26.27 27.11 27.15 25 / 13

Returns to 31 OCT 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.

Calendar year returns

Displays the total return after fees and the capital (price) return for each calendar year, with the fund's rank in its Morningstar category, sourced from Morningstar.

Total Capital

2023

-0.2

2024

-0.6

2025

98.0

Year Total % Capital % Rank in category
2025 98.03 95.58 20 / 19
2024 -0.57 -1.10 82 / 21
2023 -0.20 -3.74 85 / 19

Financial year returns

Displays the total return after fees for each financial year to 30 June, sourced from Morningstar.

FY24

-10.2

FY25

13.6

FY26

83.9

Financial year Total %
Financial year to date -19.44
Year to 30 JUN 2026 83.91
Year to 30 JUN 2025 13.56
Year to 30 JUN 2024 -10.19

Risk statistics · 31 OCT 2026

Displays how the fund has moved relative to its category index: alpha (return beyond the index), beta (sensitivity to it), R-squared (how much the index explains), volatility and risk-adjusted returns, sourced from Morningstar.
1 year 3 years 5 years 10 years
Alpha -14.40 9.79 — —
Beta 1.21 1.35 — —
R-squared 16.84 27.05 — —
Standard deviation 50.38 35.88 — —
Sharpe ratio 0.19 0.69 — —
Sortino ratio -0.11 0.84 — —
Tracking error 39.71 27.29 — —
Information ratio -0.61 0.34 — —
Upside capture % 34.91 156.59 — —
Downside capture % 89.42 145.14 — —
Maximum drawdown % -22.84 -22.84 — —

Measured against S&P Global Natural Resources TR USD with RBA Bank accepted Bills 90 Days as the risk-free rate, to 31 OCT 2026. Maximum drawdown is on gross returns at the latest quarter end.

Portfolio risk score

Displays Morningstar's Portfolio Risk Score for the fund's holdings, how closely the ETF tracks its index day to day, the estimated cost of holding it against the index, the cost of trading it at market size, and its best and worst quarters since inception, sourced from Morningstar.

Risk score

146.8

Cash 0
Global shares 100

Morningstar Portfolio Risk Score at 30 SEP 2026.

Tracking volatility
0.397
Est. holding cost %
0.688
Market impact cost %
0.370
Best quarter
40.64% · SEP 2025
Worst quarter
-19.63% · OCT 2023

Fees and costs

Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
Management fees and costs
0.69% p.a.
Transaction costs
0.10% p.a.
Total cost ratio
0.69% p.a.
Total cost ratio (last FY)
0.69% p.a.
PDS dated
14 OCT 2022

Distributions

Displays the most recent distribution paid per unit and its key dates, sourced from Morningstar.
Latest distribution
0.5437
Ex Date
1 JUL 2026
Record Date
2 JUL 2026
Pay Date
16 JUL 2026
NAV at ex date
14.68
Paid this year
0.5437

Distributions by year

Displays the total distributions paid per unit in each calendar year, sourced from Morningstar.

2024

0.1

2023

0.1

2022

0.0

Year Per unit ($)
2024 0.0500
2023 0.0767
2022 0.0478

Distribution history

Displays the most recent distributions by ex date, sourced from Morningstar.
Ex Date Per unit ($)
1 JUL 2026 0.5437
1 JUL 2025 0.0275
2 JAN 2025 0.0225
1 JUL 2024 0.0256
2 JAN 2024 0.0511
3 JUL 2023 0.0478

Sustainability rating · 31 AUG 2026

Displays the Morningstar Sustainability Rating (1 to 5 globes, more is better) and the portfolio ESG risk score behind it (lower is less risk), against the average of the fund's global category, sourced from Morningstar and Sustainalytics.

Average

ESG risk score

28.03

Negligible Low Medium High Severe
Rank in category
55th percentile
Environmental risk
12.37
Social risk
7.76
Governance risk
3.47
Portfolio covered
97.5%

ESG risk of holdings

Displays the share of the covered portfolio held in companies with negligible, low, medium, high and severe ESG risk, sourced from Morningstar and Sustainalytics.
Negligible
0.00%
Low
12.73%
Medium
60.73%
High
17.11%
Severe
9.42%

12.41% of assets are in companies with high or severe controversies.

Carbon · 31 AUG 2026

Displays the portfolio carbon risk score (lower is less exposure to the transition to a low-carbon economy), the share of the portfolio in companies with fossil fuel revenue, and whether the fund earns Morningstar's Low Carbon Designation, sourced from Morningstar and Sustainalytics.

Carbon risk score

16.02

Low Medium High Severe

Category average 18.53

Carbon risk
Medium Risk
Rank in category
40th percentile of 14 funds
Fossil fuel involvement
12.43%
Category average
14.23%
Low Carbon Designation
No
Portfolio covered
97.0%

Fund managers

Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
  • Dane Brujic
  • Thong Nguyen
  • Don Hoang
  • Luke Sheather
  • Louis Crous

Tenure

Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
Number of managers
5
Average tenure
4.1 years
Longest tenure
4.1 years
Longest serving
Thong Nguyen, Don Hoang, Luke Sheather, Louis Crous · since 26 OCT 2022
Most recent appointment
Dane Brujic · since 1 NOV 2022
Managed since
26 OCT 2022
Other funds managed
57
Displays all company announcements released by the company to the exchange, sourced from Morningstar.

Announcements

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