{
 "ticker": "SETM",
 "name": "Sprott Critical Materials ETF",
 "issuer": "Sprott",
 "desk": "themes",
 "url": "https://etfiq.com/funds/setm",
 "html": "https://etfiq.com/funds/setm",
 "markdown": "https://etfiq.com/funds/setm.md",
 "as_of": "2026-09-18",
 "verdict": "SETM holds 156 stocks, and 92% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "8.4%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "SETM, already in the S&P 500: 8.4%, as of Sep 18, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "99.8%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "SETM, active share vs the S&P 500: 99.8%, as of Sep 18, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "39.0%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "SETM, top ten holdings: 39.0%, as of Sep 18, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+37.9%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "SETM, total return, 1 year: +37.9%, as of Sep 18, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$568m",
   "source": "issuer page, as of Sep 18, 2026",
   "as_of": "2026-09-18",
   "sentence": "SETM, net assets: $568m (issuer page, as of Sep 18, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.65%",
   "source": "485BPOS XBRL, Apr 30, 2026",
   "as_of": "2026-09-18",
   "sentence": "SETM, expense ratio: 0.65% (485BPOS XBRL, Apr 30, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Rare earth and critical materials",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Feb 2, 2023",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "8.4%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "99.8%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "0.0%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "100.0%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "39.0%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "156",
   "source": null
  },
  {
   "key": "holdings_published_for",
   "label": "Holdings published for",
   "value": "Sep 18, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "Freeport-McMoRan Inc. 5.0%, Cameco Corp. 4.9%, Lynas Rare Earths Ltd. 4.7%, PLS Group Ltd. 4.0%, NAC Kazatomprom JSC 3.6%, Hecla Mining Co. 3.5%, First Majestic Silver Corp. 3.4%, Albemarle Corp. 3.4%, Uranium Energy Corp. 3.3%, Teck Resources Ltd. 3.2%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$568m",
   "source": "issuer page, as of Sep 18, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u221221.8%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.65%",
   "source": "485BPOS XBRL, Apr 30, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.65%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "METL 41%, WDIG 35%, EMET 33%, COPP 26%, COPA 25%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "\u22129.0%",
   "S&P 500": "+2.3%",
   "Gap to S&P 500": "\u221211.3 pts",
   "Gap to Nasdaq-100": "\u22126.5 pts"
  },
  {
   "window": "6 months",
   "Total return": "+5.4%",
   "S&P 500": "+18.0%",
   "Gap to S&P 500": "\u221212.6 pts",
   "Gap to Nasdaq-100": "\u221218.8 pts"
  },
  {
   "window": "1 year",
   "Total return": "+37.9%",
   "S&P 500": "+16.6%",
   "Gap to S&P 500": "+21.4 pts",
   "Gap to Nasdaq-100": "+16.2 pts"
  },
  {
   "window": "3 years",
   "Total return": "+82.1%",
   "S&P 500": "+78.4%",
   "Gap to S&P 500": "+3.7 pts",
   "Gap to Nasdaq-100": "\u221216.1 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+61.6%",
   "S&P 500": "+91.6%",
   "Gap to S&P 500": "\u221230.1 pts",
   "Gap to Nasdaq-100": "\u221274.6 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of SETM is in S&P 500 companies?",
   "a": "By its holdings published by its issuer for Sep 18, 2026, 8% of SETM by weight is stocks the S&P 500 already holds. Its active share against the index is 100%, so that share is the part doing something different."
  },
  {
   "q": "What does SETM hold?",
   "a": "156 positions as published by its issuer for Sep 18, 2026, with the top ten at 39% of the fund. The largest are Freeport-McMoRan Inc. at 5.0%, Cameco Corp. at 4.9%, Lynas Rare Earths Ltd. at 4.7%."
  },
  {
   "q": "Has SETM beaten the S&P 500?",
   "a": "Over the year to Sep 18, 2026 SETM returned +37.9% with distributions reinvested, against +16.6% for the S&P 500, so it finished ahead of the index by 21.4 points."
  },
  {
   "q": "What does SETM cost?",
   "a": "The prospectus expense ratio is 0.65% a year. Because 100% of the fund differs from the S&P 500, the fee on that differing part works out at 0.65%."
  }
 ],
 "generated": "2026-09-21",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}