Sprott / METL
METL · Active Metals & Miners · as of close Nov 2, 2026
METL is fully invested, led by Nucor and Steel Dynamics.
Largest positions: NUE (5.4%), STLD (4.5%), MDI CN (4.4%). The top five longs are 23% of the fund.
Assets$65.6M
NAV per share since Oct 17, 2025+0.0%S&P 500 same period: +14.4% (with dividends; NAV excludes distributions)
Positions45
Big moves, last 30 days0
Invested vs cash
Share of the fund. Cash includes T-bill and ultra-short bond funds. Our daily record for METL starts Oct 17, 2025.
METL Active Metals & Miners
Other83.4% +0.1
Materials10.0% +0.0
Energy3.5% -0.2
Cash & T-bills3.0% +0.0
Bar: today. Dark mark: 4 weeks ago.
Recent big moves
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All holdings
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| Ticker | Name | Sector / asset class | Weight |
|---|---|---|---|
| NUE | Nucor Corp. | Materials | 5.38% |
| STLD | Steel Dynamics Inc. | Other | 4.55% |
| MDI CN | Major Drilling Group International Inc. | Other | 4.39% |
| RS | Reliance Inc. | Other | 4.27% |
| HBM CN | Hudbay Minerals Inc. | Other | 3.95% |
| NXE CN | NexGen Energy Ltd. | Other | 3.74% |
| EXK | Endeavour Silver Corp. | Other | 3.49% |
| CCJ | Cameco Corp. | Energy | 3.49% |
| ATYM LN | Atalaya Mining Copper SA | Other | 3.36% |
| LUN CN | Lundin Mining Corp. | Other | 3.22% |
| IVN CN | Ivanhoe Mines Ltd. | Other | 3.20% |
| DNN | Denison Mines Corp. | Other | 3.10% |
| VZLA CN | Vizsla Silver Corp. | Other | 3.09% |
| PDN AU | Paladin Energy Ltd. | Other | 3.06% |
| LYC AU | Lynas Rare Earths Ltd. | Other | 3.01% |
| BVN | Cia de Minas Buenaventura SAA | Other | 2.95% |
| FCX | Freeport-McMoRan Inc. | Materials | 2.87% |
| ERO CN | ERO Copper Corp. | Other | 2.79% |
| UEC | Uranium Energy Corp. | Other | 2.64% |
| SQM | Sociedad Quimica y Minera de Chile SA | Other | 2.60% |
| LAR | Lithium Argentina AG | Other | 2.57% |
| WPM CN | Wheaton Precious Metals Corp. | Other | 2.01% |
| PAAS | Pan American Silver Corp. | Other | 1.98% |
| GGD CN | GoGold Resources Inc. | Other | 1.94% |
| ALB | Albemarle Corp. | Other | 1.91% |
| TLO CN | Talon Metals Corp. | Other | 1.81% |
| MP | MP Materials Corp. | Materials | 1.79% |
| TKO CN | Trekor Metals Ltd. | Other | 1.75% |
| VALT LN | Valterra Platinum Ltd. | Other | 1.28% |
| CIA AU | Champion Iron Ltd. | Other | 1.20% |
| CS CN | Capstone Copper Corp. | Other | 1.10% |
| BOE AU | Boss Energy Ltd. | Other | 0.95% |
| CDE | Coeur Mining Inc. | Other | 0.93% |
| ANDC CN | Andina Copper Corp. | Other | 0.90% |
| GLN AU | Galan Lithium Ltd. | Other | 0.73% |
| USAS | Americas Gold & Silver Corp. | Other | 0.71% |
| PLS AU | PLS Group Ltd. | Other | 0.71% |
| BMN AU | Bannerman Energy Ltd. | Other | 0.62% |
| SVM AU | Sovereign Metals Ltd. | Other | 0.57% |
| USL AU | Unico Silver Ltd. | Other | 0.45% |
| LIN AU | Lindian Resources Ltd. | Other | 0.42% |
| PEN AU | Peninsula Energy Ltd. | Other | 0.40% |
| USAR | USA Rare Earth Inc. | Other | 0.38% |
| SBSW | Sibanye Stillwater Ltd. | Other | 0.35% |
| LIB CN | LibertyStream Infrastructure Partners In | Other | 0.35% |