Critical Minerals ETF
Critical Minerals ETF
XMET
Invest in metal producers powering the clean energy transition.
Overview
Fund objective
XMET aims to track the performance of an index (before fees and expenses) that provides diversified exposure to companies across the critical minerals industry.
Critical minerals are essential inputs into the technologies and infrastructure reshaping the global economy. They include copper, lithium, nickel, cobalt, graphite, manganese, silver and rare earth elements.
Benefits
Diversified exposure across the critical minerals industry
In one ETF, XMET provides global exposure to companies mining and processing a range of minerals that are critical to modern economies.
Long-term growth potential
Demand for critical minerals is being driven by the rapid growth of the technologies and infrastructure that depend on them. With new supply often costly, complex and slow to develop, these constraints may support the sector’s long-term growth potential.
A strategic exposure in a multipolar world
Critical minerals are no longer just an energy transition story. They sit at the intersection of electrification, energy storage, AI infrastructure and national security, with governments worldwide deploying policy and capital to secure supply, build reserves and defence capability, and back key producers.
There are risks associated with an investment in XMET, including market risk, international investment risk, commodity price and ETM company related risks, and concentration risk. Investment value can go up and down. An investment in the Fund should only be considered as a part of a broader portfolio, taking into account your particular circumstances, including your tolerance for risk. For more information on risks and other features of the Fund, please see the Product Disclosure Statement and Target Market Determination, both available on www.betashares.com.au.
Invest in XMET with Betashares Direct
Invest in XMET brokerage-free with a Betashares Direct account. You can also buy or sell XMET using an online broker or your financial adviser.
Refer to the PDS for information on interest retained by Betashares on cash balances.
Key facts
Profile
* As at 30 October 2026
**Certain additional costs apply. Please refer to PDS.
Net assets*
$118,272,774
Pricing information
Current price
Last trade*
% Change (prev day)
Bid (delayed)
Offer (delayed)
* Data is delayed by at least 20 minutes.
NAV
NAV/Unit*
$11.83
* As at 30 October 2026
Past performance is not indicative of future performance. Please refer to “Fund returns after fees” for additional information regarding performance/return information.
Trading information
ASX code
XMET
Bloomberg code
XMET AU
IRESS code
XMET.AXW
Market makers
Susquehanna Pacific Pty Ltd
Index information
Index
Nasdaq Sprott Critical Minerals Select Index
Index provider
Nasdaq
Bloomberg index ticker
METALANR Index
Performance
Fund returns after fees (%)
| Fund | Index | |
|---|---|---|
| 1 month | -10.33% | -10.34% |
| 3 months | -3.26% | -3.17% |
| 6 months | -3.09% | -2.84% |
| 1 year | 26.73% | 27.57% |
| 3 year p.a. | 25.60% | 26.81% |
| 5 year p.a. | - | 16.91% |
| 10 year p.a. | - | - |
| Since inception p.a. | 17.32% | 18.30% |
| Inception date | 26-Oct-22 | - |
* As at 30 September 2026.
Past performance is not an indicator of future performance. Returns are calculated in Australian dollars using net asset value per unit at the start and end of the specified period and do not reflect brokerage or the bid ask spread that investors incur when buying and selling units on the ASX. Returns are after fund management costs, assume reinvestment of any distributions and do not take into account tax paid as an investor in the Fund. Returns for periods longer than one year are annualised. Current performance may be higher or lower than the performance shown.
Holdings and allocation
Portfolio holdings
| Ticker | Name | Weight (%) | Asset Class | Sector | Country | Currency | Shares/Unit (#) | Market Value (AUD) | Notional Value (AUD) |
|---|
* As at 30 October 2026. Excludes cash
Sector allocation
* As of 30 September 2026
Country allocation
* As of 30 September 2026
Distributions
Yield information
*As at 30 September 2026. Yield is calculated by summing the prior 12-month per unit distributions divided by the closing NAV per unit at the end of the relevant period. Yield will vary and may be lower at time of investment. Franking level is total franking level over the last 12 months. Past performance is not indicative of future performance.
You can elect DRP by logging into MUFG's Investor Centre. Once you are logged in, please proceed to the 'Payments and Tax' tab and select 'Reinvestment Plans'.
Recent distributions
| Ex Date | Record Date | Payment Date | Distribution Unit ($) | Annual Distribution Return (%)1 |
|---|---|---|---|---|
| 1-Jul-26 | 2-Jul-26 | 16-Jul-26 | $0.543692 | 6.56% |
| 1-Jul-25 | 2-Jul-25 | 16-Jul-25 | $0.027485 | 0.72% |
| 2-Jan-25 | 3-Jan-25 | 17-Jan-25 | $0.022516 | 0.67% |
| 1-Jul-24 | 2-Jul-24 | 16-Jul-24 | $0.025592 | 1.44% |
| 2-Jan-24 | 3-Jan-24 | 17-Jan-24 | $0.051121 | 1.21% |
| 3-Jul-23 | 4-Jul-23 | 18-Jul-23 | $0.047838 | - |
1 This is the annual distribution return to the end of the relevant distribution date. The distribution return reflects the contribution to total investment return made by the Fund's distributions. Distribution return is calculated as the total return less the growth return. Total return is calculated as the percentage change in a continuing investor's interest in the Fund assuming reinvestment of all distributions back into the Fund (and no other application or withdrawal), net of ongoing fees. Growth return is the Fund's return excluding distributions, net of ongoing fees. Past performance is not indicative of future performance.
Announcements
ASX Announcements: XMET
Payment notice information
NRWT & fund payments
Resources
- Factsheet | ASX: XMET | Critical Minerals ETF
- Product Disclosure Statement | ASX: XMET | Critical Minerals ETF
- Supplementary PDS – 27 July 2026 | ASX: XMET
- PDS Update – 14 April 2025
- PDS Update – 20 January 2025
- PDS Update – 2 September 2024
- PDS Update – 28 May 2024 | ASX: XMET
- PDS update – 12 December 2023 | ASX: XMET
- Target Market Determination | ASX: XMET | Critical Minerals ETF
- Annual Report – June 2024 | ASIA, CLDD, XMET, HACK, RBTZ, ROYL, MTAV, JNDQ, QNDQ, NDQ, ATEC
- Interim Financial Report – December 2024 | ASIA, CLDD, XMET, HACK, ARMR, RBTZ, ROYL, MTAV, JNDQ, QNDQ, NDQ, ATEC
- Annual Financial Report – 30 June 2025 | ASIA, CLDD, XMET, HACK, ARMR, RBTZ, ROYL, JNDQ, QNDQ, NDQ, ATEC
- Interim Financial Report – December 2025 | ASIA, CLDD, XMET, HACK, ARMR, RBTZ, ROYL, BEMG, JNDQ, QNDQ, NDQ, ATEC
- Annual Financial Report – June 2026 | ASIA, CLDD, XMET, HACK, ARMR, RBTZ, ROYL, BEMG, QNDQ, NDQ, JNDQ, ATEC, RCKT