Northern Trust Files ETF Targeting Rare Earths and Critical Metals

The Northern Trust Rare Earth & Critical Metals ETF will track the VettaFi Rare Earth & Critical Metals Index, targeting companies across mining, processing, advanced materials, and recycling. The index covers businesses tied to 17 critical metals used in batteries, magnets, and advanced electronics, including neodymium, dysprosium, scandium, and yttrium. Holdings may include U.S., developed- and emerging-market stocks, China A-shares, and depositary receipts. The quarterly rebalanced index is expected to concentrate in basic materials, with exposure to the U.S., Australia, Canada, and China.