VanEck Copper And Green Metals ETF (EMET) Performance
EMET total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −2.8% since Dec 31, 2025
- 1 year
- +14.2% total return
- 3 years
- +19.6% a year
- Since first price
- +2.2% a year since 2021
EMET trailing returns vs SPY, QQQ, AGG
| Period | EMET total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −15.3% | −15.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −6.4% | −6.4% | +3.2% | +1.9% | −0.4% |
| 6 months | −17.6% | −17.6% | +7.8% | +8.4% | −1.5% |
| YTD | −2.8% | −2.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +14.2% | +12.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +71.3%+19.6%/yr | +61.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionNov 11, 2021 | +11.4%+2.2%/yr | +2.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: EMET vs SPY
From Nov 11, 2021: EMET grew to $11,145, SPY to $17,520.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EMET returns by calendar year
1 of 4 full years positive. Best 2025 (+81.2%), worst 2022 (−17.2%). 2026 is year to date.
EMET annual returns table
| Year | EMET | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −2.8% | −26.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +81.2% | −26.2% | +17.7% | +20.8% | +7.2% |
| 2024 | −12.8% | −27.3% | +24.9% | +25.6% | +1.3% |
| 2023 | −12.3% | −35.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −17.2% | −32.7% | −18.2% | −32.6% | −13.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
EMET largest drawdowns
Now 26.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 28, 2022 | −53.1% | Apr 8, 2025 | Dec 19, 2025 | 3.1 years | 3.8 years |
| Feb 27, 2026 | −26.3% | Oct 23, 2026 | not yet | 8 months | 8 months so far |
| Jan 29, 2026 | −13.1% | Feb 5, 2026 | Feb 25, 2026 | 7 days | 27 days |
| Jan 12, 2022 | −10.5% | Jan 28, 2022 | Feb 15, 2022 | 16 days | 34 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EMET risk statistics
| Statistic | 3 years | Since 2021 |
|---|---|---|
| Annualized return | +20.6% | +5.5% |
| Volatility (annualized) | 31.9% | 31.9% |
| Sharpe ratio | 0.61 | 0.21 |
| Sortino ratio | 0.99 | 0.32 |
| Best month | +18.1% | +18.2% |
| Worst month | −17.7% | −17.7% |
| Best 12 months | +139.3% | +139.3% |
| Worst 12 months | −20.5% | −33.3% |
| Positive months | 61% | 52% |
| Beta vs S&P 500 | 0.95 | — |
| Correlation with S&P 500 | 0.37 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
EMET rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 48 | −33.3% | −1.1% | +139.3% | 48% |
| 3-year (a year) | 24 | −16.7% | +8.9% | +23.7% | 62% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
EMET performance overview
VanEck Copper And Green Metals ETF (EMET) returned +14.2% over the past year, with distributions reinvested. Since its first recorded price in 2021 it has returned +2.2% a year, turning $10,000 into about $11,145. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −53.1%, from Feb 28, 2022 to Apr 8, 2025, and it took 8 months to get back to the old high. EMET finished 1 of its 4 full calendar years with a gain; the best year was 2025 (+81.2%) and the worst 2022 (−17.2%). Volatility has been 31.9% a year.
Related: EMET chart, EMET holdings, EMET dividends. See the EMET overview for the latest quote and fund facts.
EMET performance FAQ
What is the EMET return over the past year?
EMET returned +14.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 12.0%.
How much would $10,000 invested in EMET be worth?
$10,000 invested in EMET at its first recorded close on November 11, 2021 would be worth about $11,145 on October 23, 2026 with distributions reinvested.
What was the worst year for EMET?
The worst calendar year was 2022, with a total return of −17.2%. The best was 2025 at +81.2%.
What is the biggest drawdown of EMET?
The largest peak-to-trough decline was −53.1% between February 28, 2022 and April 8, 2025. It recovered to the old high on December 19, 2025, 8 months after the bottom.
How volatile is EMET?
Over the past 3 years EMET had an annualized volatility of 31.9% and a Sharpe ratio of 0.61 (excess return over 1–3 month T-bills per unit of risk).