| Freeport-mcmoran, Inc. | 44,340 | US$2.79M | 8.1% |
| Anglo American Plc | 55,211 | US$2.71M | 7.9% |
| Grupo Mexico S.a.b. De C.v. Class B | 211K | US$2.39M | 7.0% |
| Teck Resources Limited Class A | 37,331 | US$2.22M | 6.5% |
| Antofagasta Plc | 34,040 | US$1.73M | 5.0% |
| Southern Copper Corporation | 7,404 | US$1.29M | 3.8% |
| Boliden Ab | 22,446 | US$1.27M | 3.7% |
| Lundin Mining Corporation | 46,952 | US$1.14M | 3.3% |
| Albemarle Corporation | 7,640 | US$1.03M | 3.0% |
| First Quantum Minerals Ltd. | 37,665 | US$1.03M | 3.0% |
| Valterra Platinum Limited | 15,032 | US$1.01M | 2.9% |
| Kghm Polska Miedz S.a. | 9,916 | US$877K | 2.6% |
| Sumitomo Metal Mining Co., Ltd. | 17,900 | US$831K | 2.4% |
| Hudbay Minerals Inc | 29,962 | US$707K | 2.1% |
| China Northern Rare Earth (group) High-tech Co., Ltd. Class A | 96,168 | US$685K | 2.0% |
| Impala Platinum Holdings Limited | 64,853 | US$681K | 2.0% |
| Pls Group Limited | 188K | US$660K | 1.9% |
| Lynas Rare Earths Limited | 50,791 | US$638K | 1.9% |
| Mp Materials Corp. | 10,899 | US$610K | 1.8% |
| Capstone Copper Corp. | 59,507 | US$547K | 1.6% |
| Aurubis Ag | 2,308 | US$479K | 1.4% |
| Northam Platinum Holdings Limited | 26,566 | US$384K | 1.1% |
| Sociedad Quimica Y Minera De Chile Sa Pfd Series A | 5,069 | US$375K | 1.1% |
| Ivanhoe Mines Ltd. Class A | 46,721 | US$366K | 1.1% |
| Zhejiang Huayou Cobalt Co., Ltd. Class A | 50,130 | US$359K | 1.0% |
| Sibanye Stillwater Limited | 172K | US$357K | 1.0% |
| Tianqi Lithium Corp. Class A | 39,300 | US$357K | 1.0% |
| Jiangxi Copper Company Limited Class A | 79,153 | US$356K | 1.0% |
| Sandfire Resources Ltd | 26,045 | US$350K | 1.0% |
| Jinduicheng Molybdenum Co., Ltd. Class A | 80,200 | US$334K | 0.98% |
| Mmg Ltd. | 358K | US$321K | 0.94% |
| Ganfeng Lithium Group Co., Ltd. Class A | 48,398 | US$312K | 0.91% |
| Johnson Matthey Plc | 12,051 | US$303K | 0.88% |
| Jiangsu Boqian New Materials Stock Co. Ltd. Class A | 7,000 | US$282K | 0.82% |
| Tongling Nonferrous Metals Group Co., Ltd. Class A | 297K | US$281K | 0.82% |
| Yunnan Tin Co., Ltd. Class A | 43,785 | US$278K | 0.81% |
| Western Mining Co., Ltd. Class A | 63,500 | US$256K | 0.75% |
| Yunnan Chihong Zinc & Germanium Co., Ltd. Class A | 134K | US$241K | 0.70% |
| Pt Amman Mineral Internasional Tbk | 1.35M | US$237K | 0.69% |
| Inner Mongolia Xingye Silver And Tin Mining Co., Ltd. Class A | 47,200 | US$233K | 0.68% |
| China Rare Earth Resources And Technology Co., Ltd. Class A | 28,200 | US$231K | 0.68% |
| Igo Limited | 44,919 | US$231K | 0.68% |
| Mitsubishi Materials Corp. | 8,400 | US$226K | 0.66% |
| Liontown Limited | 177K | US$209K | 0.61% |
| Ngex Minerals Ltd. | 11,519 | US$206K | 0.60% |
| Shenghe Resources Holding Co., Ltd. Class A | 46,600 | US$206K | 0.60% |
| Ero Copper Corp. | 6,477 | US$173K | 0.51% |
| Pt Merdeka Copper Gold Tbk | 1.21M | US$166K | 0.48% |
| China Nonferrous Mining Corp. Ltd. | 114K | US$166K | 0.48% |
| Chengxin Lithium Group Co., Ltd. Class A | 24,400 | US$162K | 0.47% |
| Iluka Resources Limited | 32,831 | US$162K | 0.47% |
| Baiyin Nonferrous Group Co Ltd Class A | 197K | US$149K | 0.43% |
| Gem Co., Ltd. Class A | 135K | US$132K | 0.39% |
| Yunnan Copper Co. Ltd. Class A | 53,400 | US$126K | 0.37% |
| Lithium Americas Corp. | 27,101 | US$104K | 0.30% |
| Beijing Easpring Material Technology Co., Ltd. Class A | 13,500 | US$95,940 | 0.28% |
| Nornickel Gmk | 441K | US$0 | |
| Glencore Plc | 0 | US$0 | 0.00% |
| Zangge Mining Company Limited Class A | 0 | US$0 | 0.00% |