Global shares
XMET
Betashares Energy Transition Metals ETF · Betashares
A basket of global mining companies that produce the metals behind clean energy — copper, lithium, nickel, cobalt, rare earths and more — the businesses that dig them up, not the metals themselves.
What the fee costs you
The management fee is 0.69% a year. Here’s what that works out to in dollars:
A 0.69% yearly fee works out to about $69 a year per $10,000 invested.
A rough guide based on the headline fee only. Other costs (such as brokerage or buy/sell spreads) aren’t included.
The basics
- Issuer
- Betashares
- Asset class
- Global shares
- Number of holdings
- ~40
- Where it invests
- Global, spread across Australia, Canada, Chile and the United States where the major mining companies operate.
- Income paid
- At least annually
- Currency hedged
- No — It's unhedged, so for an Australian investor the value also moves with the Australian dollar against foreign currencies, on top of the markets themselves.
Its character
A narrow, single-theme fund built around mining companies tied to the energy transition rather than the whole market. Because these companies depend on the prices of the metals they mine, the fund tends to move with them — often more sharply than the metals themselves.
What to keep in mind
Concentrated in one theme and tied to the prices of a handful of metals, so it can swing harder than a broad global fund — a narrow focus is a narrower spread of risk, and commodity prices drive much of the ride.
Figures last verified 2026-06-22against the issuer’s factsheet and PDS.