ETF of the Week: VanEck Vectors Rare Earth/Strategic Metals ETF (REMX)

ETF Trends CEO Tom Lydon discussed the VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. This ETF gives investors unique exposure to rare earth/strategic metals through a basket of securities involved in the mining, refining, and manufacturing process. Based on the funds top holdings, exposure is tilted towards producers of titanium and molybdenum, while producers of cerium, manganese, and tungsten are also covered. REMX is a nice option for investors betting on increased demand for specialized metals, which are further expected to rise in price given their scare supply.