Do REXC and SETM hold the same stocks?

By their latest filings, 11% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, REXC or SETM?

REXC has 0% of its weight in S&P 500 names and SETM has 9%, so REXC differs more from the index.

Which is cheaper, REXC or SETM?

REXC and SETM both charge 0.65% a year, so neither is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

REXC vs SETM: Holdings Overlap & Returns

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REXC and SETM hold 11% of their weight in the same names.

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Net assets on Nov 4, 2026: $71m for Sprott Rare Earths Ex-China ETF and $421m for Sprott Critical Materials ETF.

REXC on its own →SETM on its own →

At a glance

0.0%

REXC in the S&P 500

9.1%

SETM in the S&P 500

−39.1%

REXC total return, since launch, Apr 15, 2026

+3.9%

SETM total return, 1 year

REXC · 6 months to Nov 4, 2026 100% of its weight is outside the S&P 500

0% of REXC's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Nov 4, 2026.

SETM · 1 year to Nov 4, 2026 91% of its weight is outside the S&P 500

9% of SETM's weight is in S&P 500 companies and 91% is outside the index. Holdings as of Nov 4, 2026.

Pair scorecard

Both cost 0.65% a year; SETM is 5.9 times larger.

Points (pts) are percentage points.

REXC vs SETM: Holdings Overlap & Returns
Measure	REXC	SETM
Return
Measure	REXC	SETM
Total return, 1 year	not published	+3.9%
Drawdown
Measure	REXC	SETM
Below its all-time high	46.3%, high on May 6, 2026	37.4%, high on Jan 28, 2026
Against its benchmark
Measure	REXC	SETM
What it tracks	Rare earth and critical materials	Rare earth and critical materials
Against the S&P 500, 1 year		behind by 10.9 pts
Its benchmark, total return, 1 year		+14.8%
Against its benchmark, 1 year		behind by 10.9 pts
Cost and size
Measure	REXC	SETM
Expense ratio	0.65%	0.65%
Net assets	$71m	$421m
Holdings
Measure	REXC	SETM
Holdings in common	11%

Method

Risk and return

Apr 24, 2026 to Oct 30, 2026 · 27 weekly returns

REXC SETM

Return

Total return edge SETM −38.0% −33.0%

Price return edge SETM −38.0% −33.0%

Risk

Max drawdown edge SETM −45.6% −35.7%

Reading

From Apr 2026 to Oct 2026, SETM returned more: −33.0% to −38.0%. SETM fell less at its worst: −35.7% to −45.6%.

Full scorecard

3 measures, with how each is measured Open ↓

Risk and return: REXC vs SETM: Holdings Overlap & Returns
Measure	REXC	SETM	Edge	How it is measured
Return
Total return	−38.0%	−33.0%	SETM	Price change plus distributions, reinvested.
Price return	−38.0%	−33.0%	SETM	Price change alone, distributions left out.
Risk
Max drawdown	−45.6%	−35.7%	SETM	Deepest fall from a high to the low after it.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 27 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

11%

By the books each fund has filed, REXC and SETM hold 11% of their money in the same securities at the same weight. Holdings dated Nov 4, 2026.

50%

0 half 100%

half

11% in common

Positions both hold · largest shared weight first REXC SETM

Lynas Rare Earths Ltd. 21.26% 4.87%

MP Materials Corp. 18.95% 2.86%

Energy Fuels Inc. 1.59% 0.86%

Iluka Resources Ltd. 5.57% 0.70%

Sunrise Energy Metals Ltd. 4.57% 0.49%

Critical Metals Corp. 4.27% 0.23%

Arafura Rare Earths Ltd. 3.96% 0.21%

Meteoric Resources Ltd. 3.29% 0.17%

NioCorp Developments Ltd. 3.18% 0.17%

Lindian Resources Ltd. 2.97% 0.16%

Viridis Mining and Minerals Ltd. 2.69% 0.14%

Brazilian Rare Earths Ltd. 1.68% 0.09%

Only in one fund ↓

Only in REXC

Neo Performance Materials Inc. 5.36%

USA Rare Earth Inc. 4.34%

REalloys Inc. 3.05%

Ucore Rare Metals Inc. 1.24%

Victory Metals Ltd. 0.83%

American Rare Earths Ltd. 0.76%

Ionic Rare Earths Ltd. 0.71%

Brazilian Critical Minerals Ltd. 0.48%

Only in SETM

Freeport-McMoRan Inc. 5.47%

Cameco Corp. 4.81%

NAC Kazatomprom JSC 4.15%

Teck Resources Ltd. 3.95%

Albemarle Corp. 3.61%

Hecla Mining Co. 3.42%

Sociedad Quimica y Minera de Chile SA 3.40%

First Majestic Silver Corp. 3.33%

Check overlap with more funds →

Window by window

Window by window: REXC vs SETM: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	REXC	SETM	REXC	SETM
3 months	−26.7%	−21.2%	not measured	−21.1 pts vs VOO
6 months	−46.3%	−35.3%	not measured	−40.3 pts vs VOO
1 year	–	+3.9%	–	−10.9 pts vs VOO
3 years	–	+57.7%	–	−25.6 pts vs VOO
Since launchNot the same days: REXC Apr 2026 · SETM Feb 2023	−39.1%	+29.5%	not measured	−64.0 pts vs VOO

– means no data for this window. Open this comparison in the app →

Side by side

REXC Sprott Rare Earths Ex-China ETF · Holds 41 stocks in rare earth and critical materials, 0% of its weight in S&P 500 companies SETM Sprott Critical Materials ETF · Holds 156 stocks in rare earth and critical materials, 9% of its weight in S&P 500 companies

Issuer Sprott Sprott

Theme Rare earth and critical materials Rare earth and critical materials

In the S&P 500 0.0% 9.1%

Active share vs the S&P 500 100.0% 99.8%

In the Nasdaq-100 0.0% 0.0%

Holdings 41 156

Top ten, share of the fund 74.8% 40.1%

Expense ratio 0.65% 0.65%

Fee for the differing part 0.65% 0.65%

Total return, 1 year −39.1% (since launch, Apr 15, 2026) +3.9%

vs its benchmark not measured −10.9 pts vs VOO

Below its high −46.3% −37.4%

Net assets $71m $421m

As of Nov 4, 2026. Source: ETFIQ.

11% of the two portfolios are the same securities at the same weight.

Client brief

No client brief for this pair: ETFIQ prints no one-year total return for REXC.

Alert

About each fund

REXC

By weight, 0% of REXC's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 75% of the fund across 41 positions, as published by its issuer for Nov 4, 2026. Since it first traded on Apr 15, 2026 the fund returned −39.1% with distributions reinvested. It sits 46.3% below its all-time high of May 6, 2026.

SETM

By weight, 9% of SETM's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 40% of the fund across 156 positions, as published by its issuer for Nov 4, 2026. Over the year to Nov 4, 2026 the fund returned +3.9% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Total Return Index, so a holder was behind by 10.9 pts. It sits 37.4% below its all-time high of Jan 28, 2026.

Questions people ask

Do REXC and SETM hold the same stocks?: By their latest filings, 11% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, REXC or SETM?: REXC has 0% of its weight in S&P 500 names and SETM has 9%, so REXC differs more from the index.
Which is cheaper, REXC or SETM?: REXC and SETM both charge 0.65% a year, so neither is cheaper. Fees come from each fund's prospectus.

Other comparisons

REXC vs EART REXC vs ISTM REXC vs FMTL REXC vs WDIG SETM vs EART SETM vs FMTL SETM vs ISTM SETM vs WDIG

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →REXC on its own →SETM on its own →REXC holdings →SETM dividend history →SETM holdings →Method →Standards and sources →

Sources and dates

REXC and SETM filings on SEC EDGAR ↗

REXC prospectus with the expense ratio (SEC) ↗

Sprott page for REXC ↗

SETM prospectus with the expense ratio (SEC) ↗

Sprott page for SETM ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, REXC against SETM, data as of Nov 4, 2026. https://etfiq.com/compare/themes/rexc-vs-setm

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.