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iShares S&P/TSX Global Base Metals Index ETF (XBM $37.17)
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Global X Lithium & Battery Tech ETF (LIT $89.50)
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VanEck Rare Earth/Strategic Metals ETF (REMX $106.07)
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MP Materials Corp. (MP $71.60)
Q: Hello 5i,
We have a combined position of 2% with XBM (25%), MP, 25%) and REMX (50%). Is there a stock or ETF that should be added to this suite as we may be light on copper, nickel, cobalt, or other minerals for battery and AI growth. If we were to increase the combined position to 3% or 4%, would you increase one more over the others?
Thank you
D&J
We have a combined position of 2% with XBM (25%), MP, 25%) and REMX (50%). Is there a stock or ETF that should be added to this suite as we may be light on copper, nickel, cobalt, or other minerals for battery and AI growth. If we were to increase the combined position to 3% or 4%, would you increase one more over the others?
Thank you
D&J
5i Research Answer:
If increasing we would be most comfortable increasing XBM. REMX does cover a lot of battery and AI exposure. XBM covers much of copper and other metals. LIT may be of interest for a more-concentrated battery ETF.