The Rare Earth ETF Caught Right in the Middle of the U.S.-China Trade War

The Earth Strategic Metals ETF includes 20 companies focused on rare earth metals, crucial for technologies like jet engines and smartphones. The US-China trade war has highlighted the US's reliance on China for these metals, with China producing 95% of global output. The ETF, REM X, is volatile due to its small and midcap holdings, and has seen increased trading as investors speculate on China's potential use of metals in trade disputes. The fund has a 61 basis point expense ratio and is rated positively by Bloomberg.

What is the primary focus of the Earth Strategic Metals ETF?

• Investing in global real estate

• Investing in renewable energy companies

• Investing in companies producing and refining rare earth metals

• Investing in technology startups

Which country accounts for the majority of global rare earth metals output?

• Canada

• Australia

• China

• United States

Why is the REMX ETF considered more volatile than the S&P 500?

• Due to its focus on large-cap companies

• Because of its investment in small and midcap companies

• Because it invests in stable government bonds

• Due to its high liquidity

What recent geopolitical event has influenced the trading volume of the REMX ETF?

• Brexit

• North Korea Summit

• Middle East Peace Talks

• US-China Trade War

What is the expense ratio of the REMX ETF?

• 0.61%

• 0.25%

• 0.75%

• 1.00%