Sprott Critical Materials ETF Reaches $100 Million in Assets
MWN-AI** Summary
Sprott Asset Management USA, Inc. announced that its Sprott Critical Materials ETF (Nasdaq: SETM) has surpassed $100 million in assets under management as of September 23, 2025. This milestone underscores the ETF's unique position as the sole investment vehicle providing pure-play exposure to a diverse range of critical materials and mining equities crucial for increasing demand in energy generation, transmission, and storage. The ETF encompasses essential minerals like uranium, copper, lithium, nickel, cobalt, graphite, rare earths, and silver.
John Ciampaglia, CEO of Sprott Asset Management, highlighted the widening supply-demand gap for these materials, attributed to nations prioritizing energy security and resource nationalism. He stated that the ETF offers a convenient option for investors looking to capitalize on rising global demand for electricity through a single investment.
The SETM index employs a methodology that ensures inclusion of companies significantly engaged in the critical materials sector. Eligible companies must derive a majority of their business from mining, exploration, or related activities, positioning them favorably in an expanding supply chain.
Sprott Critical Materials ETF is part of a broader suite of seven ETFs designed for transparency, liquidity, and potential tax efficiency while providing diversified exposure to the critical materials sector. This suite includes specialized ETFs targeting uranium, copper, lithium, and nickel, among others, catering to different facets of the mining industry.
As the global transition towards electrification accelerates, investment opportunities in critical materials are likely to flourish, making SETM an attractive option for investors seeking to ride this wave of growth. With a strategic focus on the rising demand for electrification-related materials, Sprott continues to carve its niche within the investment landscape.
MWN-AI** Analysis
The recent achievement of the Sprott Critical Materials ETF (SETM) in reaching $100 million in assets under management marks a significant milestone, reflecting a growing interest in critical materials crucial for energy generation and storage. As nations prioritize energy security amid rising demand for electrification, investment in critical materials like lithium, copper, and uranium presents lucrative opportunities for investors.
With SETM being the only ETF focusing exclusively on companies engaged in the critical materials supply chain, it positions itself well to capture trends linked to resource nationalism and decarbonization efforts. As industries pivot towards sustainability, the demand for such materials will likely surge. Investors can leverage SETM’s diversified exposure, which includes firms involved in mining, recycling, and the refining of these essential commodities, thus gaining a broader market perspective with a single investment vehicle.
Given the ETF's unique index construction—emphasizing pure-play critical material stocks—investors might find it particularly appealing during a time when commodity prices are sensitive to geopolitical tensions and supply chain disruptions. Moreover, with the index focusing on companies that derive a majority of their revenue from critical materials, SETM is strategically aligned with future energy and industrial needs.
While the current asset growth indicates confidence among investors, caution is advised. The sector can be volatile, influenced by regulatory changes, market demand spikes, or shifts in technological advancements. Thus, diversification within a well-rounded portfolio remains crucial.
Investors considering SETM should weigh the potential for capital appreciation against the inherent risks associated with natural resources investments. Monitoring market trends and developments within the critical materials sector will be essential for informed decision-making, as the landscapes of energy generation and resource allocation continue to evolve.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
NEW YORK, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Sprott Asset Management USA, Inc. today announced that its Sprott Critical Materials ETF (Nasdaq: SETM) (“SETM”) reached $100 million in assets under management as of September 23, 2025. SETM is the only* ETF to provide pure-play† exposure to a broad range of critical materials and mining equities essential to meeting growing demand for energy generation, transmission and storage. These critical minerals, metals and raw materials include uranium, copper, lithium, nickel, cobalt, graphite, manganese, rare earths and silver.
“As the gap between supply and demand of materials essential to electrification continues to grow, nations around the world are focusing on energy security and resource nationalism. They’re working to secure sources of materials, and we believe this is driving investment opportunities,” said John Ciampaglia, CFA, FCSI, Chief Executive Officer, Sprott Asset Management. “SETM provides exposure to a wide range of the critical materials sector with the convenience of a single ETF .”
SETM’s index uses a methodology that seeks pure-play exposure to each critical material. To be eligible for inclusion in the index, each company must have or expect to have a majority of its business operations related to critical materials. In addition, SETM focuses on companies involved in mining, exploration, development, production, recycling, refining, or smelting of critical materials, making them upstream in the critical materials supply chain. These companies may be well-positioned to benefit from the investment in the critical materials necessary to meet rising global demand for electricity.
SETM is part of the Sprott Critical Materials ETFs, a suite of seven ETFs that combine the flexibility, transparency, liquidity and potential tax efficiency of an ETF with exposure to a variety of critical materials and their miners. The suite includes:
| Sprott Critical Materials ETFs | ||
| Sprott Critical Materials ETF | Nasdaq: SETM | Seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Critical Materials™ Index (NSETM™). The Index is designed to track the performance of a selection of global securities in the critical materials industry. |
| Sprott Uranium Miners ETF | NYSE Arca: URNM | Seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the North Shore Global Uranium Mining Index (URNMX). The Index is designed to track the performance of companies that devote at least 50% of their assets to the uranium mining industry, which may include mining, exploration, development and production of uranium, or holding physical uranium, owning uranium royalties or engaging in other non-mining activities that support the uranium mining industry. |
| Sprott Junior Uranium Miners ETF | Nasdaq: URNJ | Seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Junior Uranium Miners™ Index (NSURNJ™), which is designed to track the performance of mid-, small- and micro-cap companies in uranium mining-related businesses. |
| Sprott Copper Miners ETF | Nasdaq: COPP | Seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Copper Miners™ Index (NSCOPP™), which is designed to track the performance of a selection of global securities in copper mining-related businesses. |
| Sprott Junior Copper Miners ETF | Nasdaq: COPJ | Seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Junior Copper Miners™ Index (NSCOPJ™), which is designed to track the performance of mid-, small- and micro-cap companies in copper mining-related businesses. |
| Sprott Lithium Miners ETF | Nasdaq: LITP | Seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Lithium Miners™ Index (NSLITP™). The Index is designed to track the performance of a selection of global securities in the lithium industry, including lithium producers, developers and explorers. |
| Sprott Nickel Miners ETF | Nasdaq: NIKL | Seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Nickel Miners™ Index (NSNIKL™). The Index is designed to track the performance of a selection of global securities in the nickel industry, including nickel producers, developers and explorers. |
Sprott also offers a range of other metals and mining ETFs:
| Sprott Diversified Metals and Mining ETFs | ||
| Sprott Active Metals & Miners ETF | Nasdaq: METL | An actively managed ETF that aims to provide long-term capital appreciation by investing in companies across the metals and mining industry lifecycle, including miners, recyclers, and royalty and streaming companies associated with commodities that are in high global demand. The Fund’s investment strategy is value oriented and contrarian. |
| Sprott Precious Metals ETFs | ||
| Sprott Active Gold & Silver Miners ETF | Nasdaq: GBUG | An actively managed ETF that aims to provide long-term capital appreciation by investing in shares of gold- and silver-focused companies that are engaged in exploring, developing and mining; or royalty and streaming companies engaged in the financing of gold and silver assets. The investment strategy of the Fund is value oriented and contrarian. |
| Sprott Gold Miners ETF | NYSE Arca: SGDM | Seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the Solactive Gold Miners Custom Factors Index (Index Ticker: SOLGMCFT). The Index aims to track the performance of larger-sized gold companies whose stocks are listed on Canadian and major U.S. exchanges. |
| Sprott Junior Gold Miners ETF | NYSE Arca: SGDJ | Seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the Solactive Junior Gold Miners Custom Factors Index (Ticker: SOLJGMFT). The Index aims to track the performance of small-capitalization gold companies whose stocks are listed on regulated exchanges. |
| Sprott Silver Miners & Physical Silver ETF | Nasdaq: SLVR | Seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, Nasdaq Sprott Silver Miners™ Index (NSLVR™), by investing at least 80% of its total assets in securities of NSLVR. The Nasdaq Sprott Silver Miners Index is designed to track the performance of a selection of securities in the silver industry, including silver producers, developers and explorers, and physical silver. |
* Based on Morningstar’s universe of Natural Resources Sector Equity ETFs as of 10/x/2025.
† The term “pure-play” relates directly to the exposure that the Fund has to the total universe of investable, publicly listed securities in the investment strategy.
About Sprott Asset Management USA, Inc.
Sprott Asset Management USA, Inc. is a wholly-owned subsidiary of Sprott Inc. (“Sprott”). Sprott is a global asset manager focused on precious metals and critical materials investments. We are specialists. We believe our in-depth knowledge, experience and relationships separate us from the generalists. Our investment strategies include Exchange Listed Products, Managed Equities and Private Strategies. Sprott has offices in Toronto, New York, Connecticut and California, and the company’s common shares are listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol (SII). For more information, please visit www.sprott.com .
Contact:
Glen Williams
Senior Managing Partner
Investor and Institutional Client Relations
Direct: (416) 943-43945
gwilliams@sprott.com
Dan Gagnier
Gagnier Communications
Direct: (646) 569-5897
sprott@gagnierfc.com
Important Disclosures
An investor should consider the investment objectives, risks, charges, and expenses of each fund carefully before investing. To obtain a fund’s Prospectus, which contains this and other information, contact your financial professional, call 1.888.622.1813 or visit SprottETFs.com. Read the Prospectus carefully before investing.
Exchange Traded Funds (ETFs) are considered to have continuous liquidity because they allow for an individual to trade throughout the day, which may indicate higher transaction costs and result in higher taxes when fund shares are held in a taxable account.
The funds are non-diversified and can invest a greater portion of assets in securities of individual issuers, particularly those in the natural resources and/or precious metals industry, which may experience greater price volatility. Relative to other sectors, natural resources and precious metals investments have higher headline risk and are more sensitive to changes in economic data, political or regulatory events, and underlying commodity price fluctuations. Risks related to extraction, storage and liquidity should also be considered.
Shares are not individually redeemable. Investors buy and sell shares of the funds on a secondary market. Only “authorized participants” may trade directly with the funds, typically in blocks of 10,000 shares.
The Sprott Active Metals & Miners, Sprott Active Gold & Silver Miners and Sprott Silver Miners & Physical Silver ETFs are new and have limited operating history.
One cannot invest directly in an index.
Sprott Asset Management USA, Inc. is the Investment Adviser to the Sprott Active Gold & Silver Miners ETF. ALPS Distributors, Inc. is the Distributor for the Sprott ETFs and is a registered broker-dealer and FINRA Member.
ALPS Distributors, Inc. is not affiliated with Sprott Asset Management USA, Inc.
© 2025 Sprott Inc. All rights reserved.
FAQ**
How does the Sprott Copper Miners ETF (COPP) distinguish itself from other ETFs in terms of company selection and exposure to the copper mining sector in the evolving critical materials market?
What specific factors influenced the growth of assets under management in the Sprott Copper Miners ETF (COPP) to contribute to the overall success of the Sprott Critical Materials ETFs?
Considering the rising demand for copper, what strategies does Sprott have in place to enhance the performance of the Sprott Copper Miners ETF (COPP) amid potential market volatility?
How do the companies included in the Sprott Copper Miners ETF (COPP) align with Sprott's broader vision of addressing energy security and resource nationalism in the critical materials sector?
**MWN-AI FAQ is based on asking OpenAI questions about Sprott Active Metals & Miners ETF (NASDAQ: METL).
NASDAQ: METL
METL Trading
-3.77% G/L:
$27.59 Last:
59,801 Volume:
$28.29 Open:
