CRIT
Optica Rare Earths & Critical Materials ETF Optica Rare Earths & Critical Materials ETF
CRIT tracks an index of global companies that mine, refine, recycle, produce, or process rare earth and critical materials. Holdings are selected and weighted by market-cap.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
3.7 M
ASSETS UNDER MGMT
85 bp
EXPENSES
Fund Basics
| Fund sponsor | Exchange Traded Concepts |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Mar 28, 2022 |
| Assets (mns) | $4 |
| Expense ratio | 85 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| SOUTHERN COPPER CORP | 12.3 % |
| GLENCORE INTERNATIONAL PLC | 11.0 % |
| FREEPORT-MCMORAN COPPER | 10.9 % |
| BHP BILLITON LTD-SPON ADR | 9.1 % |
| TECK RESOURCES LTD-CLS B | 4.6 % |
| CHINA MOLYBDENUM CO LTD-H | 4.1 % |
| CAMECO CORP | 3.9 % |
| ALUMINUM CORP OF CHINA LTD-H | 3.4 % |
| NORTHERN STAR RESOURCES LTD | 2.2 % |
| QUIMICA Y MINERA CHIL-SP ADR | 2.2 % |
Constituent Breakdown
| Number of holdings | 60 |
| Herfindahl-Hirschman Index | 592 |
| Wgt avg mkt cap (mns) | $44,204 |
| Large cap (>$10bn) | 71.1% |
| Mid cap ($2-10bn) | 17.4% |
| Small cap (<$2bn) | 11.6% |
| Developed mkts. | 79.4% |
| Emerging mkts. | 18.3% |
Country Exposure
 |
UNITED STATES | 31.3 % |
 |
AUSTRALIA | 18.0 % |
 |
CANADA | 14.4 % |
 |
SWITZERLAND | 11.0 % |
 |
CHINA | 9.0 % |
 |
SOUTH AFRICA | 6.3 % |
 |
CHILE | 2.2 % |
 |
JAPAN | 1.8 % |
 |
NETHERLANDS | 1.1 % |
 |
FRANCE | 0.9 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | -12.5% | 1.3% | -5.5% | -- | -- | -- | -13.4% | Volatility | 27.9% | 28.2% | 28.1% | -- | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.10 | 42% |
| MSCI EAFE | 1.28 | 58% |
| MSCI Emg Mkts | 1.32 | 63% |
Liquidity Measures
| Avg. volume (000) | 1 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 0.81% |
| ADV of underlying (mns) | $1,968 |
Technical Indicators
| Recent close | $18.36 |
| 30d moving avg. | $19.11 |
| Annualized volatility | 30.6% |
| Relative strength (RSI) | 50 |
| Short interest (ETF) | 0.0% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. CRIT |
Expenses vs. CRIT |
ALTAR Score™ vs. CRIT |
|---|---|---|---|---|
| GMET | VanEck Green Metals ETF | 34.4% | -22 bp | +2.1% |
| ION | ProShares S&P Global Core Battery Metals ETF | 25.2% | -27 bp | +7.0% |
| COPA | Themes Copper Miners ETF | 25.0% | -50 bp | -1.3% |
| ICOP | iShares Copper and Metals Mining ETF | 23.9% | -38 bp | +1.5% |
| COPX | Global X Copper Miners ETF | 23.4% | -20 bp | -0.4% |
| SETM | Sprott Energy Transition Materials ETF | 22.9% | -20 bp | -2.6% |
| DMAT | Global X Disruptive Materials ETF | 21.5% | -26 bp | +2.0% |
| PICK | iShares MSCI Global Metals & Mining Producers ETF | 21.5% | -46 bp | +4.3% |
| BATT | Amplify Lithium & Battery Technology ETF | 14.9% | -26 bp | -8.6% |
| IYM | iShares U.S. Basic Materials ETF | 12.8% | -45 bp | -1.9% |
Risk and Returns: CRIT vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/21/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
CRIT
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.
ALTAR Score™
CRIT
8.5%
Cat. Avg
4.1%
ALTAR Score™ Calculation
Category Overview
There are 376 funds in the Global Equity category, with an average ALTAR Score™
of 4.1% and a standard deviation of
4.7%. CRIT's ALTAR Score™ is approximately
0.9 standard deviations
above
the category average. This places CRIT in the 83rd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
CRITSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based Global Equity ETFs |
| # of ETFs | 191 |
| Avg. Expense Ratio | 55.4 bp |
| Std. Deviation | 17.5 bp |
| CRIT (85 bp) Percentile rank | 95 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| CRIT | 85.0 | 80.5 | 165.5 |
| Peer Avg. | 57.2 | 40.4 | 97.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .