Is VanEck Rare Earth and Strategic Metals ETF the Smartest Investment You Can Make Today?
When Washington, D.C. started imposing tariffs on other nations, there were different responses. China's response included the threat of limiting access to rare-earth metals. The move quickly highlighted the importance of these metals to the world and made the VanEck Rare Earth and Strategic Metals ETF (NYSEMKT: REMX) a hot commodity on Wall Street.So is this exchange-traded fund (ETF) a smart buy today?The VanEck Rare Earth and Strategic Metals ETF's stated objective is to track the MVIS Global Rare Earth/Strategic Metals index. That index's objective is to "track the overall performance of companies involved in producing, refining, and recycling of rare-earth and strategic metals and minerals." The list of metals includes things like lithium, used in high-tech batteries, and lanthanum, used in magnets and lasers.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool