Q: Transition metals. You mentioned SETM in another query. What about XETM? Are there others that could be considered too?
5i Research Answer:
We think XETM is a decent option however, like the space itself, it is very new (even newer than SETM) with an inception in September 2023. XETM charges a slightly lower MER than SETM at 0.62% which gives it some appeal in addition to being managed by BlackRock. Due to how new and developing the space is, we think XETM could be worth consideration as well. These are the main two ETFs we are aware of in the space.