GET DAILY SIGNALSSprott Rare Earths Ex-China ETF (REXC): A Closer Look at Ex-China Rare Earths Exposure
Key Takeaways
- REXC is a passively managed, pure-play ETF tracking the Nasdaq Sprott Rare Earths Ex-China Index, offering exposure to rare earths mining, separation, and processing companies outside China.
- The fund holds roughly 41 issuers, with Lynas Rare Earths and MP Materials together accounting for about 40% of net assets.
- Materials dominate the portfolio at approximately 92% of exposure, with a pronounced tilt toward Australian and North American companies.
- Over the past 30 days the fund has slipped about 3.7%, while the trailing three-month move is a much sharper decline of roughly 33%.
- Launched in April 2026, REXC is a young fund with limited operating history, and its share price has corrected sharply since an early post-launch rally.
- The fund carries elevated concentration risk in small- and mid-cap miners and processors that are sensitive to rare earths spot prices and financing conditions.
- For additional perspectives on this fund's setup, explore Price Targets and Forecast pages for deeper technical and predictive context.
- Discover actionable ideas across thousands of securities with Trending AI Robots.
REXC ETF Structure and Holdings
The Sprott Rare Earths Ex-China ETF aims to deliver results that correspond to the Nasdaq Sprott Rare Earths Ex-China Index before fees and expenses. Its index selects global securities involved in rare earths mining, separation, refining, and production, while excluding any Chinese-domiciled companies. The fund follows a concentrated mandate, investing at least 80% of assets in companies that derive at least half their revenue or assets from rare earths activities.
Recent data shows the portfolio includes about 41 issuers. Lynas Rare Earths represents roughly 21% and MP Materials about 19%, making them the largest positions. Other notable holdings include Iluka Resources, Neo Performance Materials, Sunrise Energy Metals, USA Rare Earth, and Critical Metals. Basic materials account for around 92% of sector exposure. The expense ratio stands at 0.65%, and AUM has varied in the tens of millions. I also checked this using Tickeron’s AI Screener to see how the holdings align with broader industry peers.
The Rare Earths Industry Context
Rare earths comprise 17 metallic elements valued for their roles in permanent magnets, which power electric vehicles, wind turbines, defense equipment, and electronics. While the elements exist in the Earth’s crust, viable deposits and advanced processing capacity remain limited. China has long dominated refined output and magnet production, prompting Western efforts to build alternative supply chains through policy support, stockpiling, and investment in U.S. and Australian producers. The case for REXC rests on this shift, though performance also tracks swings in rare earths prices, EV and defense demand, and the speed of new Western capacity coming online.
Recent Performance and Market Positioning
REXC launched in April 2026 and initially drew interest as the first pure-play ex-China rare earths ETF. After an early rally, it moved into a correction. The share price has fallen about 3.7% over the past 30 days, while the three-month decline reaches roughly 33%, with total return since inception still negative. This pullback stems mainly from weakness in top holdings rather than any single event. MP Materials and USA Rare Earth have seen notable drops, and smaller names such as NioCorp Developments and Energy Fuels have added volatility tied to financing and permitting. The fund’s focus on mid- and small-cap names, including Australian and Canadian listings, links its results closely to commodity prices and investor interest in development-stage projects.
Factors to Watch in 2026
Several elements should influence REXC through the rest of 2026. Rare earths prices and demand recovery in EVs, wind, and defense will stay central because holdings are exposed to both volumes and margins. Interest rates and inflation affect financing costs for capital-intensive developers. Government actions on export rules, subsidies, and Western procurement could shift sentiment, though announcements may not immediately boost revenues. Investors should track execution at the largest holdings and capital flows into thematic ETFs, which can magnify moves in a concentrated vehicle. Project milestones around permitting and financing add further variables. I’m watching this closely as these factors unfold.
Using Tickeron’s AI Screener for Thematic Research
When evaluating concentrated thematic ETFs like REXC, I turn to Tickeron’s AI Screener to scan for comparable names and momentum signals across the critical-materials space. The platform lets me apply technical indicators, fundamentals, and AI-driven filters quickly, helping confirm how individual holdings fit within the broader sector without replacing full due diligence.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
REXC's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for REXC turned positive on October 27, 2026. Looking at past instances where REXC's MACD turned positive, the stock continued to rise in 3 of 3 cases over the following month. The odds of a continued upward trend are 90%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where REXC's RSI Oscillator exited the oversold zone, 4 of 5 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 80%.
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 3 of 4 cases where REXC's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 75%.
Following a +7.87% 3-day Advance, the price is estimated to grow further. Considering data from situations where REXC advanced for three days, in 18 of 22 cases, the price rose further within the following month. The odds of a continued upward trend are 82%.
REXC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on November 10, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on REXC as a result. In 7 of 7 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 90%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where REXC declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 90%.
The Aroon Indicator for REXC entered a downward trend on November 13, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
Advertisement