Key Highlights

  • XMET (ASX:XMET) holds 43 companies that mine energy transition materials, including copper, lithium and rare earths.
  • Anglo American (5.62%), Teck (5.49%) and Southern Copper (5.42%) lead the holdings.
  • Basic materials make up 95.29% of sector weights.
  • Fund size is $120.68m, with fees of 0.69%.

Betashares Critical Minerals ETF (ASX:XMET) traded at $12.15 during the trading session on 30 October 2026, down 1.37%, with 47,760 units changing hands. XMET is a thematic stock exposure to companies that mine the materials used in the energy transition, such as copper, lithium, nickel and rare earths. The fund tracks the Nasdaq Sprott Energy Transition Materials Select index and was admitted to the ASX on 28 October 2022.

Fund Details

Fund size is $120.68m, with 9,795,457 units on issue. The ISIN is AU0000237406 and management fees and costs are 0.69% a year. The fund sits in the Equity Global Resources category.

The day's range was $12.15 to $12.55, against a previous close of $12.32. Average daily volume is about 76,826 units.

Holdings and Geography

The top holdings are Anglo American at 5.62%, Teck Resources at 5.49%, Southern Copper at 5.42%, Freeport-McMoRan at 5.27%, BHP at 5.23%, Lundin Mining at 4.99%, First Majestic Silver at 4.84%, Lynas Rare Earths at 4.78% and Sociedad Quimica y Minera at 4.57%. The top ten total 51.69%.

By country, Canada accounts for 32.00%, the United States 19.28%, Australia 24.26%, the United Kingdom 8.29%, Chile 4.72% and China 2.73%. Industrials make up the remaining 4.71% of sector weights.

Income Profile

The most recent final distribution was $0.543, with an ex-date of 1 July 2026, a record date of 2 July 2026 and a payment date of 16 July 2026, reflecting the miners' dividend payments over the period.

Key Takeaways

XMET is a thematic exposure to the metals that the energy transition depends on.

Copper producers carry a meaningful share of the portfolio, which shapes its behaviour.

The mix includes Australian, Canadian and US miners, spreading country exposure across regions.

The 0.69% fee sits in the middle of the thematic funds covered here.