VanEck Rare Earth and Strategic Metals ETF is trading 4.8% down today as investors rotate out of risk assets and trim exposure to cyclical, China-sensitive rare earth and strategic metals plays.
- The decline builds on a multi-day slide fueled by geopolitical tensions and significant volatility in electric vehicle (EV) and battery metal markets.
- Sentiment is further pressured by a broader risk-off tone following recent tech-led weakness and macro uncertainty regarding global growth and Federal Reserve policy.