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Element EV & Solar Battery Materials (Lithium, Nickel, Copper, Cobalt) Futures ETF in registration

Comments

  • Sven
    This would be an interesting vehicle for EV batteries. ER is reasonable for actively managed ETF.
  • Old_JoeOld_Joe
    That's what I was thinking also.
  • sma3
    There are several other alternatives that have been trading for a while with higher volumes

    https://www.fool.com/investing/stock-market/market-sectors/consumer-discretionary/automotive-stocks/electric-vehicle-etfs/

    BATT focuses on batteries for EV with stocks including technology companies and nat resources

    LIT is focused on Lithium but has a large overlap

    REMX includes "rare earth" companies, most of which are Chinese, IT covers the waterfront of a lot of other materials

    GMET is more thinly traded with "green metal companies"

    You could also buy FXC (Copper) ALB ( Lithium) Glencore ( largest Cobalt producer) and most of the other big mining stocks to get exposure to Nickle

    Big issue I think is 1) volume of shares traded and 2) trying to get concentrated exposure.

    A little research would tell you how much Cobalt is worth to Glencore bottom line, for example



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