Sprott Active Metals & Miners ETF

METL

Market cap $88.1M

Silver is entering its sixth consecutive year of a structural supply deficit, as global production fails to keep pace with the massive demand required for the clean energy transition and AI infrastructure.

A new commodity supercycle is taking shape in the early innings of 2026. According to a recent Sprott report, Why Critical Materials Are Leading the New Commodity Cycle, a structural shift that emphasizes deglobalization, energy security, and fiscal dominance is driving the current critical minerals market.

Since its launch in September 2025, the Sprott Active Metals & Miners ETF has significantly outperformed the broader "Natural Resources" category, posting a cumulative return of over 50%. While gold dominated 2024–2025, METL has differentiated itself by becoming overweight in Copper and Uranium. The fund serves as a strategic hedge against geopolitical risks and will benefit from metal prices staying higher for longer.

Despite falling below $5,000 recently, it could be an opportune time to strike and purchase the dip in gold prices. Fundamental demand drivers could continue to push the precious metal higher through the rest of the year.

Gold and silver were not the only metals to see breakout performances in the later half of 2025.  Much like these other metals, copper also closed out last year in a highly favorable position.

Moves from both the federal government and private sector could empower more investment opportunities in the critical materials sector.  What U.S. Equity Stakes Mean for the Mining Industry Steven Schoffstall, director, ETF product management at Sprott Asset Management, recently discussed this during an episode of Metals in Motion.

More countries continue to prioritize critical minerals, making the Sprott Active Metals & Miners ETF (METL) a prime opportunity as an ETF that can capture future upside. Furthermore, the fund presents a unique offering for prospective investors with its active management.

More countries continue to prioritize critical minerals, making the Sprott Active Metals & Miners ETF (METL) a prime opportunity as an ETF that can capture future upside. Furthermore, the fund presents a unique offering for prospective investors with its active management.

The holiday season not only presents an opportunity to spend time with loved ones, it also allows investors to tilt their portfolios towards assets that can capture short-term upside. One of those is gold.

In cases where an asset is in the midst a strong rally, investors are typically gripped with the fear that they already missed out on the major move. That doesn't appear to be the case with gold, which should be approached with a strategic allocation strategy in mind as opposed to simply chasing gains.