5 Niche ETFs Sizzling This Summer

This thematic investment product is actively managed and designed to concentrate on those few disruptive companies that are poised to dominate the new era of cloud technology and then enhance the concentrated exposure with options. It holds 24 securities in its basket with the largest allocation to the top three firms. The ETF is a high-cost choice, charging 1.02% in annual fees. It has accumulated $7 million in its assets since its inception in late December and trades in an average daily volume of 253,000 shares.

VanEck Vectors Rare Earth/Strategic Metals ETF (REMX - Free Report) – Up 35.6%

REMX offers exposure to companies engaged in producing, refining, and recycling of rare earth and strategic metals and minerals. It follows the MVIS Global Rare Earth/Strategic Metals Index, holding 20 stocks in its basket. The ETF has AUM of $1.1 billion and an average daily volume of 16,000 shares. From a country look, Chinese firms dominate the portfolio with a 47.3% share, closely followed by Australia (22.8%) and the United States (12.4%). The product charges 59 bps in annual fees.

Franklin Genomic Advancements ETF (HELX - Free Report) – Up 34%

This ETF provides access to companies benefiting from or facilitating the use of new research including DNA sequencing, gene editing and personalized medicine. It holds 49 stocks in its basket with modest concentration on the top three firms. The fund is skewed toward life sciences tools & services at 50.5%, while biotechnology makes up for 34.4% of assets. It has accumulated $30.9 million in its asset base and charges investors 50 bps in annual fees. Volume is paltry, exchanging 9,000 shares in hand a day on average.

Global X Lithium & Battery Tech ETF (LIT - Free Report) – Up 24.6%

This product provides global exposure to a broad range of firms engaged in lithium mining, refining and battery production by tracking the Solactive Global Lithium Index. It holds 37 securities in its basket with the Chinese firms taking the largest share at 50.9%, followed by the United States (20.3%) and South Korea (8.7%). LIT charges investors 75 bps in annual fees and has amassed $4.8 billion in AUM. It trades in an average daily volume of 889,000 shares.

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