About VanEck Vectors Rare Earth/Strategic Metals ETF (REMX)

The VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) is an exchange-traded fund that seeks to provide exposure to companies engaged in the mining, refining, and manufacturing of rare earth/strategic metals. REMX offers investors the opportunity to gain exposure to this unique sector, which is crucial to various industries, including technology, renewable energy, and defense. The fund's underlying index, the MVIS Global Rare Earth/Strategic Metals Index, includes companies from various countries, allowing for diversification across regions.

REMX provides investors with a convenient way to access the rare earth/strategic metals space, as it offers exposure to a basket of globally diversified companies. This can help mitigate company-specific risks that may arise from investing in individual stocks. Furthermore, by investing in an ETF, investors can benefit from liquidity and transparency, as the fund's holdings are disclosed on a regular basis. REMX's market cap, which represents the total value of the fund's outstanding shares, is an important metric to consider when assessing its size and potential impact on the market.