METL - ETF AI Analysis
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Sprott Active Metals & Miners ETF (METL)
Rating:58Neutral
Price Target:―
Positive Factors
Strong Leading Holdings
Several of the largest positions, such as Nucor and Steel Dynamics, have shown strong recent performance, helping support the fund despite broader weakness.
Global Metals Exposure
Holdings spread across the U.S., Canada, Australia, and the UK give investors access to metals and mining companies in multiple major markets.
Focused Materials and Energy Theme
The ETF is heavily tilted toward materials and energy companies, offering targeted exposure for investors who want to bet on metals, miners, and related industries.
Negative Factors
Recent Weak Performance
The ETF has delivered weak results over the past month, three months, and year-to-date, which may concern investors looking for near-term strength.
High Sector Concentration
With most assets in the materials sector and a sizable chunk in energy, the fund is highly sensitive to downturns in commodity and mining markets.
Relatively High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of the returns are used to cover fees instead of going to investors.
METL vs. SPDR S&P 500 ETF (SPY)
AUM77.05M
RegionGlobal
Expense Ratio0.99%
Beta1.83
IssuerSprott
Inception DateSep 09, 2025
Dividend Yield1.04%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume10,381
30 Day Avg. Volume21,686
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
32.43Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering42
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
METL Summary
The Sprott Active Metals & Miners ETF (METL) is an actively managed fund that focuses on metals and mining companies rather than tracking a fixed index. It invests mainly in materials and energy businesses across the U.S., Canada, and other countries that explore, produce, and process important industrial metals. Well-known holdings include Nucor and Steel Dynamics, both major steel producers. Someone might invest in METL to benefit from long-term demand for metals used in technology, construction, and energy, and to diversify beyond typical stock market sectors. A key risk is that metals and mining stocks can be very volatile and can rise or fall sharply with commodity prices.
How much will it cost me?The Sprott Active Metals & Miners ETF (METL) has an expense ratio of 0.89%, which means you’ll pay $8.90 per year for every $1,000 invested. This is higher than average because it is actively managed, meaning experts are selecting investments rather than tracking a passive index.
What would affect this ETF?The Sprott Active Metals & Miners ETF (METL) could benefit from increased global demand for industrial metals driven by infrastructure projects, renewable energy development, and technological advancements, which rely heavily on materials like copper, uranium, and rare earths. However, the ETF may face challenges from fluctuating commodity prices, regulatory changes in mining operations, or economic slowdowns that reduce industrial activity and demand for raw materials.
METL Top 10 Holdings
METL is leaning heavily into global metals and miners, with U.S. steel leaders Nucor, Steel Dynamics, and Reliance Steel doing much of the heavy lifting as their shares keep rising on solid demand and steady execution. On the flip side, uranium names like Cameco, Denison Mines, and NexGen Energy have been losing steam lately, dragging on near-term results despite promising long-term nuclear themes. Add in mixed performers such as Hudbay Minerals and Lundin Mining, and you get a fund tightly tied to the cyclical heartbeat of the materials sector, with a distinctly global footprint.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nucor | 5.40% | $4.16M | $58.60B | 85.54% | 74 Outperform | |
| Steel Dynamics | 4.47% | $3.44M | $36.01B | 105.33% | 76 Outperform | |
| Hudbay Minerals | 3.98% | $3.07M | $10.07B | 145.94% | 76 Outperform | |
| Reliance Steel | 3.93% | $3.03M | $20.73B | 43.28% | 74 Outperform | |
| NexGen Energy | 3.93% | $3.03M | $6.05B | 35.36% | 53 Neutral | |
| Major Drilling | 3.78% | $2.91M | C$1.14B | 59.45% | 66 Neutral | |
| Cameco | 3.72% | $2.86M | C$52.69B | 19.21% | 71 Outperform | |
| Compania de Minas Buenaventura SAA | 3.52% | $2.71M | $8.04B | 77.70% | 72 Outperform | |
| Denison Mines | 3.45% | $2.66M | C$3.57B | 31.92% | 47 Neutral | |
| Lundin Mining | 3.37% | $2.60M | C$29.70B | 142.57% | 72 Outperform |
METL Technical Analysis
Negative
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Price Trends
26.45
Negative
27.38
Negative
26.80
Negative
Market Momentum
-0.54
Negative
46.46
Neutral
49.86
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For METL, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 24.55, equal to the 50-day MA of 26.45, and equal to the 200-day MA of 26.80, indicating a neutral trend. The MACD of -0.54 indicates Negative momentum. The RSI at 46.46 is Neutral, neither overbought nor oversold. The STOCH value of 49.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for METL.
METL Peer Comparison
Comparison Results
Performance Comparison
METL
Sprott Active Metals & Miners ETF
24.66
4.58
22.81%
FFND
Future Fund Active ETF
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―
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CSNR
Cohen & Steers Natural Resources Active ETF
―
―
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FDCF
Fidelity Disruptive Communications ETF
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―
―
HECO
SPDR Galaxy Hedged Digital Asset Ecosystem ETF
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―
―
FITZ
Fitz-Gerald Must Have Portfolio ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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