SETM ETF

The energy transition is underway globally, with policies, innovations, and pressure ramping up to decarbonize. It creates a wealth of opportunity for investors and is one of the fastest growing areas of investment.

The receptiveness of countries to nuclear energy will be imperative for growth in uranium-focused mining companies. Japan's inclusion of uranium in its critical minerals list is a step in the right direction.

Geopolitical factors in the Middle East are pushing oil prices higher in the short term. But the long-term view is a global pivot to clean energy should divert attention from oil and into critical minerals.

The global race to secure critical minerals is continuing as the European Union (EU) ramps up its efforts to do just that. In effect, this should provide more growth prospects for ETFs that focus on critical minerals investments.

Volatility during the month of September could pave the way for defensive portfolio moves, which include getting commodities exposure. Also, it's historically been a sound strategy, according to data from S&P.

Demand for critical minerals will set the stage for certain regions around the globe that are abundant in supply, such as Latin America. This creates a growth opportunity worth considering in exchange traded funds (ETFs) like the Sprott Energy Transition Materials ETF (SETM).

As the shift to alternative energy continues to gain momentum, Britain is one of the latest countries to ally with other nations. In this case, that nation is Zambia.

Prominent economist Larry Summers, who served in both the Obama and Clinton administrations, recently expressed deep concerns about elements of President Joe Biden's economic agenda.

Geopolitical factors will continue to play a pivotal role for critical minerals. The United States in particular could be a catalyst for rising prices as it looks to rein in control of the industry from China.