 The
Optica Rare Earths & Critical Materials ETF (CRIT) is an
exchange-traded fund that seeks to provide exposure to companies that
are involved in the mining, exploration, and production of rare earth
elements and other critical materials. These materials are essential
components in many high-tech products such as smartphones, electric
cars, and renewable energy systems.
The CRIT ETF is managed by
Optica Capital Management and was launched in June 2021. The fund has
an expense ratio of 0.75% and trades on the NYSE Arca exchange.
The fund invests in companies across the entire value chain of
rare earths and critical materials, including mining, refining, and
production. The portfolio is diversified across various regions, with
the majority of holdings based in the United States, Canada, and
Australia.
Some of the top holdings of the CRIT ETF include
Lynas Rare Earths Ltd, MP Materials Corp, Neo Performance Materials
Inc, and Lithium Americas Corp. These companies are involved in the
production of rare earth elements, lithium, and other critical
materials that are used in a wide range of industries.
Investing in the CRIT ETF can provide investors with exposure to the
growing demand for rare earth elements and other critical materials,
which are essential components in many high-tech products. As the
world shifts towards a more sustainable and renewable energy future,
the demand for these materials is likely to increase, making this ETF
an attractive investment option for those looking to capitalize on
this trend.
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