Key Highlights

  • The units traded at $15.53 on 9 November 2026, up 37 cents or 2.44 per cent from the previous close of $15.16.
  • Basic materials account for the entire portfolio, with Mining and processing companies forming the core of holdings.
  • Australia is the largest country exposure at 36.79 per cent, followed by the United States at 25.62 per cent and Canada at 14.11 per cent.
  • The fund holds 29 companies, and management fees and costs are 0.59 per cent a year.

The VanEck Rare Earth and Strategic Metals ex-China ETF (ASX:RESM) gives Australian investors exposure to companies mining and processing rare earth elements and other strategic metals outside China. As at 9 November 2026, the units traded at $15.53, with a day range of $15.53 to $15.79. The fund reports a size of about $3.11 million, sits in the Equity Global Resources category and was admitted to the ASX on 6 August 2026.

Fund fact

Detail

Last price

$15.53

Previous close

$15.16

Fund size

About $3.11 million

Units outstanding

205,000

Management fees and costs

0.59% a year

Distributions

None recorded

Country and Metal Exposure

Basic materials make up 100 per cent of the portfolio, reflecting the fund's focus on mining and processing companies for rare earths, lithium, tungsten and related strategic metals. The index excludes Chinese production, which means the fund's holdings are concentrated in producers from other regions.

Australia accounts for 36.79 per cent of holdings, followed by the United States at 25.62 per cent, Canada at 14.11 per cent and Chile at 10.42 per cent. Taiwan, the Netherlands, Switzerland and France make up the remaining exposure.

Leading Holdings and Concentration

MP Materials is the largest holding at 10.56 per cent, followed by Lynas Rare Earths at 10.42 per cent, Sociedad Quimica y Minera at 10.42 per cent and Albemarle at 10.18 per cent. PLS Group, Almonty Industries, Lianyou Metals, Iluka Resources, Liontown Resources and EQ Resources complete the top ten.

The ten largest holdings make up 76.39 per cent of the fund, leaving 23.61 per cent across 19 other companies. The high concentration means that project timelines, pricing and funding decisions for a small group of miners carry significant weight in the unit price.

Trading, Size and Documents

The units rose 2.44 per cent during the session, trading between $15.53 and $15.79 intraday. Session Volume of 286 units was modest, consistent with a small fund that was only recently admitted to the ASX.

Management fees and costs are 0.59 per cent a year, and the fund does not record any distributions. The fund's net Assets of about $3.11 million and 205,000 units outstanding mean that its size can change materially with investor flows. The product disclosure statement and Target market determination, both released on 6 August 2026, describe the fund's structure.

Final Word

The VanEck Rare Earth and Strategic Metals ex-China ETF offers a focused route into miners producing rare earths and strategic metals outside China, spread across 29 companies in several regions. The unit price rose during the session, the fund is small and recently listed, and the top ten holdings account for 76.39 per cent of assets. Commodity prices, project delivery and funding conditions are among the factors that shape outcomes, so the product disclosure statement is the most detailed reference for investors.