SETM ETF — Sprott Critical Materials ETF

Sprott Critical Materials ETF (SETM)

Updated October 16, 2026.

SETM is an ETF that tracks the Nasdaq Sprott Critical Materials Index. its distribution rate is 1.72%, its trailing-12-month yield is 1.72%, its expense ratio is 0.65%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 36.9% over the past 3.7 years, 55.1 points behind SPY at 92.0%.

Sprott Critical Materials ETF tracks the Nasdaq Sprott Critical Materials Index, providing exposure to global companies that derive at least half their revenue or assets from mining, production, refining, and recycling of materials critical to the energy transition, including copper, lithium, nickel, uranium, and rare earths. The fund distributes annually and carries a modest expense ratio of 0.65%. It appeals to investors seeking equity exposure to commodities and materials essential to renewable energy and electrification trends.

SETM performance versus SPY

Price and return data through 2026-10-16.

Total return is 36.9% over the past 3.7 years, 55.1 points behind SPY at 92.0%. Over the past year its total return — price change plus distributions reinvested — is -6.0%. Its deepest 1-year drawdown was 33.9%.

SETM key facts

Distribution Safety Score™

50 · Unproven

Issuer

Sprott

Asset type

ETF

Asset class

Equity

Inception date

02/01/2023

Expense ratio

0.65%

Distribution rate

1.72%

Distribution frequency

Annual

Trailing yield

1.72%

Last close

$26.30 (as of 2026-10-16)

AUM

$490,628,553

Average volume

123063.0

Dividend

$0.453

Ex-dividend date

12/18/2025

Payment date

12/22/2025

Beta

1.6

How Dividend Vision calculates yield and returns

Distribution rate (1.72%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.72%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Sprott or company page; Index: Nasdaq Sprott Critical Materials Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

SETM risks and drawbacks

SETM's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 33.9%.

Who may consider SETM — and who may not

It is a weaker fit for investors who need monthly cash flow (SETM pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on SETM

• All tickers starting with S

Tagged: Materials, Metals, Rare Earth.

Frequently asked questions

More securities from Sprott.