Which ETF focuses solely on cobalt?

Since cobalt is obtained from mining other metals, no ETF focuses solely on the metal. However, investors can access this essential element via a number of mining stock and base materials ETFs. Data source: ETF.com. Data current as of April 30, 2023. An ETF that invests in mining and base materials stocks.

How do I invest in cobalt?

For investors interested in cobalt, and there are two main ways to gain exposure. The first option is cobalt futures which can found on the London Metal Exchange. These futures are quoted in US dollars per MT. Contracts range over a span of 15 months, allowing investors to make bets on the metal over varying time periods.

Should you invest in a cobalt ETF?

Investors might want to consider taking a broader approach by investing in an exchange-traded fund (ETF) with exposure to the cobalt sector. Here's a closer look at some of the top ETFs to consider buying to capitalize on the expected rise in cobalt demand. Since cobalt is obtained from mining other metals, no ETF focuses solely on the metal.