Sprott Energy Transition Materials ETF

SETM

Market cap $112M

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.

Rare earth and lithium ETFs surged as U.S.-China trade tensions flared. ILIT, REMX, LITP and SETM jumped by double digits on Oct. 13, 2025 amid China's export curbs.

Artificial intelligence (AI), cloud computing, and machine learning are just a few of the obvious tech innovations dominating the majority of investor attention spans these days. Along with the companies focused on these technologies, attention also diverts to those integral to meeting hardware demands, like semiconductor firms.

Sprott Critical Materials ETF offers global exposure to companies developing critical materials like uranium, lithium, and rare earth elements. SETM benefits from secular growth trends in energy demand, AI-driven data centers, and reindustrialization, supporting long-term demand for its holdings. While SETM carries higher fees and liquidity risks compared to peers, its diversification across regions, market caps, and materials enhances its appeal.

With the United States becoming less involved in NATO affairs, it's forcing European nations to become more reliant in bolstering their defensive capabilities. This leads to increased defense spending, which could drive up demand for critical minerals.

The Federal Reserve's recent rate cut of 25 basis points could amplify gold's current rally. Prices have already broken through the $3,700 price mark, and another record high could hinge upon how aggressive rate cuts will be in the coming months.

The prospect of interest rate cuts this month and through the rest of the year is elevating prices for gold, but silver is also benefiting. The precious/industrial metal crossed the $40 price mark in the first week of September, which it hasn't done since 2011.

It may not be the end of the quarter yet, but we have made it through summer, and that seems like a good checkpoint to evaluate the top ETF investment themes YTD. Let's take a moment to look in this year's thematic ETF rearview mirror.

As acceptance for nuclear energy usage becomes more widespread globally, the infrastructure in which it operates is also evolving. The United States, for example, is looking towards smaller, more efficient reactors that require higher uranium enrichment.

In its most significant revamping since 2018, the US Geological Survey (USGS) is updating the critical minerals list to include silver and copper. The 2025 iteration has 54 mineral commodities; 50 were added based an economics effects assessment.