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
3.3 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) | $3 |
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) | $40,614 |
Large cap (>$10bn) | 68.3% |
Mid cap ($2-10bn) | 20.0% |
Small cap (<$2bn) | 11.7% |
Developed mkts. | 80.0% |
Emerging mkts. | 17.6% |
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 11/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | -13.6% | -3.5% | -12.8% | -- | -- | -- | -13.4% | Volatility | 27.9% | 28.2% | 28.1% | -- | -- | -- | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 1.07 | 40% |
MSCI EAFE | 1.28 | 58% |
MSCI Emg Mkts | 1.30 | 62% |
Liquidity Measures
Avg. volume (000) | 2 |
Turnover | 1.0% |
Avg. Bid/Ask (% of price) | 0.81% |
ADV of underlying (mns) | $2,224 |
Technical Indicators
Recent close | $16.36 |
30d moving avg. | $18.11 |
Annualized volatility | 30.1% |
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)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. CRIT |
Expenses vs. CRIT |
ALTAR Score™ vs. CRIT |
---|---|---|---|---|
GMET | VanEck Green Metals ETF | 34.6% | -22 bp | +2.2% |
ION | ProShares S&P Global Core Battery Metals ETF | 25.2% | -27 bp | +7.7% |
COPA | Themes Copper Miners ETF | 24.9% | -50 bp | -1.5% |
ICOP | iShares Copper and Metals Mining ETF | 23.3% | -38 bp | +1.6% |
COPX | Global X Copper Miners ETF | 23.1% | -20 bp | -0.7% |
SETM | Sprott Energy Transition Materials ETF | 22.9% | -20 bp | -3.1% |
DMAT | Global X Disruptive Materials ETF | 21.6% | -26 bp | +1.8% |
PICK | iShares MSCI Global Metals & Mining Producers ETF | 21.0% | -46 bp | +4.6% |
BATT | Amplify Lithium & Battery Technology ETF | 14.1% | -26 bp | -10.0% |
IYM | iShares U.S. Basic Materials ETF | 12.9% | -45 bp | -2.3% |
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 12/20/2024
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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
9.8%
Cat. Avg
4.2%
ALTAR Score™ Calculation
Category Overview
There are 374 funds in the Global Equity category, with an average ALTAR Score™
of 4.2% and a standard deviation of
4.8%. CRIT's ALTAR Score™ is approximately
1.2 standard deviations
above
the category average. This places CRIT in the 88th 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. | 57.0 | 39.6 | 96.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .