Rare metals ETF in focus after report of spiking prices

|By:, SA News Editor

Do you know what's in your ETF? The Market Vectors Rare Earth/Strategic Metals ETF (REMX +0.6%) shows little reaction to spiking rare earth stocks amid a report on skying prices in China.

Of the rare earth stocks moving higher, only Molycorp is in the ETF's top 10 holdings, a 5.87% stake.

The ETF underwent a 1:4 reverse split at the start of July amid poor performance taking the price down to single digits.