SPROTT RARE EARTHS EX-CHINA ETF (REXC US)
REXC US$13.93
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Performance
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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)
- 13.93
- Change
- ▲ 0.39 (2.88)
- Bid / Ask
- 12.39 - 13.97
- Volume
- 65,398
- Turnover
- 835,574
- Open
- 13.93
- Day Range
- 13.66 - 13.94
- VWAP
- 13.83
- Prev Close
- 13.54
- Last Trade
- 28/10 4:00pm
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
$66.5M
OCT 2026
Distributions
Annually
Since inception
0.5 yrs
APR 2026
- Legal name
- Sprott Rare Earths Ex-China ETF
- Issuer
- Sprott
- Type
- Exchange-Traded Fund
- Structure
- Open Ended Investment Company
- Management style
- Index fund
- Morningstar category
- Natural Resources
- Category index
- S&P Global Natural Resources TR USD
- Benchmark
- Nasdaq Sprott Rare Earths Ex-China USD
- ETF net assets
- $66.5M
- Units on issue
- 5.3M
- Management fee
- 0.65% p.a.
- Domicile
- United States
- Base currency
- USD
- Inception
- 14 APR 2026
- Listed
- 15 APR 2026
Objective and strategy
The investment seeks to provide investment results that, before fees and expenses, track the total return performance of the Nasdaq Sprott Rare Earths Ex-China Index (the “Index”). The fund will, under normal circumstances, invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that derive at least 50% of their revenue and/or assets from mining, exploration, development, separation, refining, or production of rare earth minerals (“Rare Earths Companies”). It is non-diversified.
Asset allocation
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 33.39%Non-US equity 66.41%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | 99.80 | 99.80 | — |
| Bond | 0.00 | 0.00 | — |
| Cash | 0.20 | 0.20 | — |
| Other | 0.00 | 0.00 | — |
Sector exposure
Displays the share of the fund held in each sector, sourced from Morningstar.
Cyclical 92.64%Sensitive 7.36%Defensive 0.00%
- Basic Materials
- 92.64%
- Consumer Cyclical
- 0.00%
- Financial Services
- 0.00%
- Real Estate
- 0.00%
- Communication Services
- 0.00%
- Energy
- 1.66%
- Industrials
- 5.70%
- 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 98.99%Emerging markets 1.02%
- North America
- 41.56%
- Latin America
- 1.02%
- United Kingdom
- 5.88%
- Europe Developed
- 0.00%
- Europe Emerging
- 0.00%
- Africa / Middle East
- 0.00%
- Japan
- 0.00%
- Australasia
- 51.55%
- Asia Developed
- 0.00%
- Asia Emerging
- 0.00%
Country exposure
Displays the twelve countries the fund holds most of, sourced from Morningstar.
- Australia
- 51.55%
- United States
- 33.45%
- Canada
- 8.11%
- United Kingdom
- 5.88%
- Chile
- 1.01%
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.
LargeMidSmallValueBlendGrowth
- Style
- Small Growth
Size score
67
Small
Mid
Large
Value-growth score
400
Value
Blend
Growth
Economic moat
Wide 0%Narrow 80%None 20%
Market capitalisation
Displays the share of the fund's shareholdings in giant, large, mid, small and micro cap companies, sourced from Morningstar.
- Giant
- 0.00%
- Large
- 19.72%
- Mid
- 10.67%
- Small
- 46.69%
- Micro
- 22.92%
Large 20%Mid 11%Small 47%Micro 23%
- Average market cap
- $2.03B
- Number of holdings
- 44
- Shares held
- 41
Portfolio statistics · 22 OCT 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
- Price / book
- 3.09
- Price / sales
- 7.56
- Dividend yield
- 0.11%
- Assets in top 10
- 74.54%
- Return on equity
- -10.76%
- Net margin
- -5.43%
Top holdings · top 10 = 75.94% 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 | |
|---|---|---|---|---|---|---|---|---|
| MP Materials Corp Ordinary Shares - Class A MP | 19.87 | APR 2026 | 16.3M | USD | 344,175 | Basic Materials | United States | |
| Lynas Rare Earths Ltd LYC | 19.34 | APR 2026 | 15.8M | AUD | 1.6M | Basic Materials | Australia | |
| Sunrise Energy Metals Ltd SRL | 7.09 | APR 2026 | 5.8M | AUD | 369,514 | Industrials | Australia | |
| USA Rare Earth Inc USAR | 5.93 | APR 2026 | 4.9M | USD | 345,136 | Basic Materials | United States | |
| Neo Performance Materials Inc Ordinary Shares NEO | 5.36 | APR 2026 | 4.4M | CAD | 197,644 | Basic Materials | Canada | |
| Iluka Resources Ltd ILU | 4.65 | APR 2026 | 3.8M | AUD | 910,238 | Basic Materials | Australia | |
| Critical Metals Corp CRML | 3.87 | APR 2026 | 3.2M | USD | 436,889 | Basic Materials | United Kingdom | |
| Arafura Rare Earths Ltd ARU | 3.77 | APR 2026 | 3.1M | AUD | 25.4M | Basic Materials | Australia | |
| NioCorp Developments Ltd NB | 3.06 | APR 2026 | 2.5M | USD | 697,230 | Basic Materials | United States | |
| REalloys Inc ALOY | 2.98 | JUN 2026 | 2.4M | USD | 299,032 | Basic Materials | United States |
Trailing returns · 30 SEP 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
-12.9
3M
-19.8
| Period | Fund (NAV) % | Market price % | Before fees % | Rank in category |
|---|---|---|---|---|
| 1 month | -12.86 | -12.76 | — | 91 / 121 |
| 3 months | -19.85 | -20.07 | — | 97 / 120 |
Returns to 30 SEP 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.
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
174.9
Cash 0
Global shares 100
Morningstar Portfolio Risk Score at 30 SEP 2026.
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
- 0.65% p.a.
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.
- Portfolio covered
- 55.6%
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
- 0.00%
- Medium
- 35.71%
- High
- 8.87%
- Severe
- 55.42%
0.00% 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
24.57
Low
Medium
High
Severe
Category average 16.75
- Carbon risk
- Medium Risk
- Fossil fuel involvement
- 0.55%
- Category average
- 17.84%
- Portfolio covered
- 51.4%
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
- Ryan Mischker
- Kyle Kleckner
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
- 2
- Average tenure
- 0.3 years
- Longest tenure
- 0.5 years
- Longest serving
- Ryan Mischker · since 14 APR 2026
- Most recent appointment
- Kyle Kleckner · since 31 AUG 2026
- Managed since
- 14 APR 2026
- Other funds managed
- 33
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
Announcements are available for ASX-listed companies only.
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