EMET vs GMET
VanEck Copper and Electrification Metals ETF vs VanEck Green Metals ETF
Which is better, EMET or GMET?
Nearly the same fund. GMET costs less.
GMET has a lower expense ratio. EMET led over the full window, GMET over 1Y. The two have moved almost in lockstep, correlation 0.99. GMET is less concentrated, with 52.1% of the fund in its ten largest positions against 53.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EMET | GMET |
|---|---|---|
| Expense Ratio | 0.62% | 0.61%Best |
| AUM | $35M | $26M |
| Dividend Yield | 1.67% | 1.17% |
| Holdings | 120 | 56 |
| Volatility (annualized) | 30.0% | 29.9%Best |
| Max Drawdown | -53.9%Tie | -53.9%Tie |
| $10,000 over 4.3 years | $13,659Best | $13,398 |
| Top 10 Weight | 53.9% | 52.1%Best |
| Fund Family | VanEck | VanEck |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Nov 9, 2021 | Nov 9, 2021 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 244 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. EMET has data through Oct 14, 2026 and GMET through Feb 12, 2026.
Volatility and max drawdown, and the $10,000 over 4.3 years row, are measured over the window both funds cover: Nov 11, 2021 to Feb 12, 2026 (4.3 years).
Risk: Volatility and Drawdowns
EMET has been the more volatile fund, with annualized monthly volatility of 30.0% compared with 29.9% for GMET. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -53.9% for EMET and -53.9% for GMET. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
EMET charges 0.62% per year while GMET charges 0.61%. On a $10,000 position that is $62 vs $61 annually, a gap of $1 per year that compounds over a long holding period. On income, EMET currently yields 1.67% against 1.17% for GMET.
Holdings Overlap
89.9% of EMET's money is in holdings GMET also owns. 85.2% of GMET's money is in holdings EMET also owns.
Most of EMET is already inside GMET. Owning both mostly buys the same companies twice.
The two holdings books were reported 366 days apart, EMET as of Oct 1, 2026 and GMET as of Sep 30, 2025, so some of the difference between them is the time between the two reports rather than the funds.
46 positions in common, counted across the 58 positions we hold weights for in EMET and 53 in GMET, against full books of 120 and 56.
Top Shared Holdings
| Stock | Weight in EMET | Weight in GMET | Difference |
|---|---|---|---|
| AAL:LNAnglo American Plc | 8.52% | 7.76% | 0.76% |
| FCXFreeport-mcmoran Copper & Gold Inc. | 8.26% | 6.16% | 2.10% |
| GMEXICOB:MXGrupo Mexico Sab De Cv | 7.31% | 7.05% | 0.26% |
| TECKB:CATeck Resources Limited, Class B | 6.83% | 5.74% | 1.09% |
| ANTO:LNAntofagasta Plc | 4.81% | 4.45% | 0.36% |
| SCCOSouthern Copper Corp | 4.75% | 3.37% | 1.38% |
| AMSJ:ZAValterra Platinum Ltd | 3.57% | 4.30% | 0.73% |
| BOL:STBoliden Ab | 3.45% | 3.00% | 0.45% |
| FM:CAFirst Quantum Minerals Ltd | 2.89% | 3.17% | 0.28% |
| LUN:CALundin Mining Corp | 3.08% | 2.46% | 0.62% |
89.9% of EMET is already inside GMET.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EMET or GMET?
EMET has an expense ratio of 0.62% while GMET charges 0.61%. GMET is the cheaper option, by $1 a year on a $10,000 investment.
Which is riskier, EMET or GMET?
EMET has been the more volatile fund at 30.0% annualized versus 29.9% for GMET. Worst drawdown: EMET -53.9% vs GMET -53.9%.
Should I hold both EMET and GMET?
EMET and GMET have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between EMET and GMET?
89.9% of EMET's money is in holdings GMET also owns. 85.2% of GMET's is in holdings EMET also owns. They hold 46 positions in common, counted across the 58 positions we hold weights for in EMET and 53 in GMET.
Which pays a higher dividend, EMET or GMET?
EMET yields 1.67% while GMET yields 1.17%, so EMET currently pays the higher dividend yield.
Is GMET better than EMET?
GMET has a lower expense ratio. EMET led over the full window, GMET over 1Y. The two have moved almost in lockstep, correlation 0.99. GMET is less concentrated, with 52.1% of the fund in its ten largest positions against 53.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.