REMX has invested 10% of its funds in Lynas (LYSCF) which is up 11% so far today. REMX has about 13.7 mln stocks of it. Even MCP is up to between $55 - $56 which it has about 7% of its funds invested in.
I expect REMX to jump past $24 tomorrow as its NAV should strengthen with today's surge in its holding stocks.
Why play with an ETF and dilute your profits when you can own 100% pure LYSCF. LOL This stock is just being discovered by myopic North American ree investors and could go parabolic from its current $2/share price.