VanEck Green Metals ETF Price & Performance (GMET)

Amid turbulent market conditions, four ETFs have posted impressive gains over the past month. The Global X Wind Energy ETF leads with a 13.8% increase, followed by the Global X Defense Tech ETF at 12.8%, the iShares MSCI Global Silver and Metals Miners ETF at 11.4%, and the VanEck Junior Gold Miners ETF at 10.4%.1

Lithium stocks have shown a surprising recovery, with key players like Pilbara Minerals and Liontown Resources climbing 15% and 20%, respectively, over the past week. This rally comes as the VanEck Rare Earths and Strategic Metals ETF reaches a three-month high, even though lithium prices remain steady, reflecting cautious optimism in the sector.2

The VanEck Green Metals ETF (GMET) is seeing active trading plans centered on resistance at $22.8. Analysts recommend buying slightly above this level with a target of $23.15, or shorting near resistance with a downside target of $22.4. These strategies reflect cautious positioning amidst market uncertainty.3