# Sprott Active Metals & Miners ETF (METL): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/metl for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Sprott · Asset class: Equity - Strategy: Actively Managed · Inception: 2025-09-09 This actively managed Exchange Traded Fund (ETF) aims to achieve sustained growth in capital over the long term. It does so by allocating investments across the full spectrum of the metals and mining industry, including companies involved in extraction, material recycling, royalty agreements, and commodity streaming, all with a focus on essential, high-demand raw materials. The fund's unique investment philosophy is rooted in a value-oriented and contrarian approach, leveraging its active management to seize opportunities presented by market fluctuations and broader economic imbalances. ## Key Facts | Metric | Value | |---|---| | Price | $23.34 | | Expense Ratio | 0.99% | | Assets Under Management | $70.5M | | NAV | $23.49 | | Holdings Count | 45 | | Distribution Yield (TTM) | 1.08% | | Annual Distribution (TTM) | $0.25 /share | | Distribution Frequency | Irregular | | 52-Week Range | $20.45 – $34.46 | | Beta | 1.60 | ## Latest Distribution - Amount: $0.2509 /share - Ex-date: 2025-12-18 - Pay date: 2025-12-22 ## Frequently Asked Questions ### What does METL invest in? This actively managed Exchange Traded Fund (ETF) aims to achieve sustained growth in capital over the long term. It does so by allocating investments across the full spectrum of the metals and mining industry, including companies involved in extraction, material recycling, royalty agreements, and commodity streaming, all with a focus on essential, high-demand raw materials. The fund's unique investment philosophy is rooted in a value-oriented and contrarian approach, leveraging its active management to seize opportunities presented by market fluctuations and broader economic imbalances. ### What is the expense ratio of METL? Sprott Active Metals & Miners ETF (METL) charges an expense ratio of 0.99%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is METL? Sprott Active Metals & Miners ETF (METL) manages $70.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is METL actively managed or an index fund? METL is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (METL's is 0.99%) in exchange for the discretion to over- or under-weight positions. ### When was METL launched? Sprott Active Metals & Miners ETF (METL) launched in September 2025 and is managed by Sprott. ### How has METL performed? METL's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does METL pay a dividend? Sprott Active Metals & Miners ETF (METL) currently distributes little or no income. Trailing-twelve-month yield is 1.08%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does METL pay dividends? Sprott Active Metals & Miners ETF pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is METL's dividend yield? METL's trailing-twelve-month yield is 1.08%, calculated from the sum of dividends over the past year divided by the current price. ### When is METL's next ex-dividend date? The most recently announced ex-dividend date for METL was 2025-12-18. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will METL's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.99% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does METL charge its expense ratio? The expense ratio is deducted in tiny daily slices from METL's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does METL cost more than a fund like VOO? METL is actively managed (current expense ratio 0.99%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether METL's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to METL? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as METL (0.99%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/metl - Distribution history: https://www.dividenddata.com/funds/metl/dividend - Holdings & diversification: https://www.dividenddata.com/funds/metl/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/metl/expenses - Peer comparison: https://www.dividenddata.com/funds/metl/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.