Summary
Sprott Active Metals & Miners ETF is an ETF - a fund traded on an exchange like a stock - run by Sprott. Positions inside: 47. The ten largest make up 40% of the fund.
- Yearly costs
- 0.99%
- Fund size
- $73.7M
- Positions
- 47
- Dividend yield
- 1.07%
- Running since
- 2025
What speaks for it
Nothing stands out in its favour.
What to watch
- Costs of 0.99% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 30% from its high.
- A young fund: it has been running only since 2025.
- A small fund with $73.7M under management; small funds get closed more often.
- It trades little: only about $429.4K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -13%
- 3 months
- -1.5%
- This year
- -7.5%
- 1 year
- -0.6%
- Avg. market cap
- $16.3B
- P/E
- 22.1x
- Forward P/E
- 16.0x
- P/S
- 3.2x
- P/B
- 2.4x
- P/FCF
- 23.3x
- EV/EBITDA
- 11.3x
- Dividend yield
- 0.59%
- ROIC
- 5.8%
- ROE
- 4.5%
- Gross margin
- 10.3%
- Operating margin
- -102.5%
- Net margin
- -332.4%
- Payout ratio
- 13.0%
- Net debt/EBITDA
- 0.3x
- Beta
- 1.60
Weighted average of the 43 largest companies, which make up 93% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 NUNucor Corporation NUE 5.0%
- 2 MDMajor Drilling Group International Inc. MDI.TO 4.2%
- 3 STSteel Dynamics, Inc. STLD 4.1%
- 4 HBHudbay Minerals Inc. HBM.TO 4.1%
- 5 RSReliance Steel & Aluminum Co. RS 3.9%
- 6 EXEndeavour Silver EXK 3.7%
- 7 NXNexGen Energy Ltd. NXE.TO 3.7%
- 8 BVMinas Buenaventura BVN 3.7%
- 9 CCCameco CCJ 3.6%
- 10 ATALAYA MINING COPPER SA 3.5%
Positions in the fund: 47. The ten largest make up 40% of it.
Composition as of Oct 18, 2026.
Where is it spread?
Spread outBy country
- Canada 46%
- United States 24%
- Australia 11%
- Peru 3.7%
- Other countries 15%
By company size
- Large cap 43%
- Mid cap 33%
- Small cap 20%
- Micro cap 3.2%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 93% of the fund.
Largest country: Canada (46%). Largest size group: Large cap (43%).
What does it cost me?
Expensive- A year from $10,000
- $99.00
- Over 20 years
- $4,580
From every $10,000 invested the fund takes $99.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $4,580.
How has it done?
Losing value- Over the last year
- -0.6%
- Deepest drop
- -30%
- Yearly volatility
- 44%
Decline over the last year: 0.6%. Deepest drop in these years: 30% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.07%
- Last payment
- $0.25
Over the last 12 months it paid $0.25 per share, which is 1.07% of today's price. The last payment was $0.25 on Dec 18, 2025.
Is it easy to buy and sell?
It trades little- Traded a day
- $429.4K
- Shares a day
- 18K
On an average day about $429.4K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 22.1
- Average Bulios Score
- 56 out of 100
Weight by Bulios Fair Price
- Undervalued 8.0%
- Fairly valued 3.9%
- Overvalued 88%
On average the companies inside trade for 22.1 times their yearly profit. By Fair Price, 88% of the rated weight comes out as overvalued.
Counted from its largest companies (43), which make up 93% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
SE SETM Sprott Critical Materials ETF | United States | 0.65% | $70.4M | -7.3% | Pays out | 35% |
MI MINY YieldMax Strategic Metals & Mining Portfolio Option Income ETF | United States | 1.01% | $846.5K | - | Pays out | 24% |
CO COPA Themes Copper Miners ETF | United States | 0.35% | $11.8M | +29% | Reinvests | 22% |
XM XME SPDR S&P Metals and Mining ETF | United States | 0.35% | $3.98B | -5.5% | Pays out | 22% |
