Each N-PORT filing of SETM compared with the one before: positions added and dropped, the largest weight changes, turnover. Computed by Mulden from the filings; dated by filing period and SEC receipt.https://themulden.com/enhttps://themulden.com/funds/setm/https://themulden.com/funds/setm/126 positions became 158: 37 added (8.79% of the fund), 5 dropped (0.82%). Turnover proxy 14.5%. Largest increases: Cia De Minas Buenaventura Saa 0.95% to 2.93%; Teck Resources Ltd 2.73% to 3.26%; Sandfire Resources Ltd 0.32% to 0.7%; Mp Materials Corp 3.07% to 3.42%; Antofagasta Plc 2.45% to 2.78%; Kghm Polska Miedz Sa 1.24% to 1.51%. Largest decreases: Albemarle Corp 5.44% to 3.7%; First Majestic Silver Corp 4.12% to 2.69%; Pls Group Ltd 5.24% to 4.2%; Iluka Resources Ltd 1.56% to 0.62%; Igo Ltd 2.28% to 1.62%; Ganfeng Lithium Group Co Ltd 1.67% to 1.04%. New: Sociedad Quimica Y Minera De Chile Sa (3.15%), Hecla Mining Co (2.54%), Amman Mineral Internasional Pt (0.37%), Trekor Metals Ltd (0.36%), Gogold Resources Inc (0.27%), Highlander Silver Corp (0.19%). Gone: Taseko Mines Ltd (0.35%), Australian Strategic Materials Ltd (0.21%), Uranium Royalty Corp (0.16%), Arizona Sonoran Copper Co Inc (0.06%), Graphite One Inc (0.04%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 20 Aug 2026 12:00:00 GMThttps://themulden.com/funds/setm/https://themulden.com/funds/setm/128 positions became 126: 1 added (0.16% of the fund), 3 dropped (0.24%). Turnover proxy 7.3%. Largest increases: Lynas Rare Earths Ltd 3.9% to 5.43%; Nac Kazatomprom Jsc 4.5% to 5.55%; Albemarle Corp 4.85% to 5.44%; Pls Group Ltd 4.73% to 5.24%; First Majestic Silver Corp 3.62% to 4.12%; Lindian Resources Ltd 0.38% to 0.74%. Largest decreases: First Quantum Minerals Ltd 2.72% to 2.14%; Mp Materials Corp 3.64% to 3.07%; Capstone Copper Corp 1.31% to 0.87%; Vizsla Silver Corp 0.75% to 0.4%; Antofagasta Plc 2.79% to 2.45%; Igo Ltd 2.61% to 2.28%. New: Talon Metals Corp (0.16%). Gone: Talon Metals Corp (0.18%), Solgold Plc (0.06%), Leo Lithium Ltd (0%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 01 Jun 2026 12:00:00 GMThttps://themulden.com/funds/setm/https://themulden.com/funds/setm/87 positions became 128: 44 added (8.07% of the fund), 3 dropped (1.37%). Turnover proxy 20.1%. Largest increases: Freeport-mcmoran Inc 2.9% to 5.27%; Nac Kazatomprom Jsc 3.1% to 4.5%; Lundin Mining Corp 1.84% to 2.55%; Albemarle Corp 4.15% to 4.85%; Kghm Polska Miedz Sa 0.86% to 1.52%; Igo Ltd 1.98% to 2.61%. Largest decreases: Mp Materials Corp 8.78% to 3.64%; Lynas Rare Earths Ltd 6.25% to 3.9%; Ganfeng Lithium Group Co Ltd 3.29% to 1.36%; Uranium Energy Corp 5.05% to 3.48%; Pls Group Ltd 5.96% to 4.73%; Tianqi Lithium Corp 1.23% to 0.64%. New: Iluka Resources Ltd (1.5%), Niocorp Developments Ltd (0.68%), Aneka Tambang Tbk (0.62%), Sunrise Energy Metals Ltd (0.43%), Lindian Resources Ltd (0.38%), Trimegah Bangun Persada Tbk Pt (0.31%). Gone: China Gold International Resources Corp Ltd (0.63%), Gogold Resources Inc (0.47%), Ngex Minerals Ltd (0.26%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 24 Feb 2026 12:00:00 GMThttps://themulden.com/funds/setm/https://themulden.com/funds/setm/88 positions became 87: 2 added (0.71% of the fund), 3 dropped (0.84%). Turnover proxy 11.2%. Largest increases: Mp Materials Corp 6.25% to 8.78%; Lynas Rare Earths Ltd 4.56% to 6.25%; Pilbara Minerals Ltd 4.5% to 5.96%; Uranium Energy Corp 3.7% to 5.05%; Ganfeng Lithium Group Co Ltd 2.46% to 3.29%; Energy Fuels Inc/canada 0.82% to 1.53%. Largest decreases: Freeport-mcmoran Inc 4.61% to 2.9%; Cameco Corp 5.2% to 4.08%; Boss Energy Ltd 1.4% to 0.43%; Teck Resources Ltd 3.29% to 2.49%; Paladin Energy Ltd 2.8% to 2.02%; Nac Kazatomprom Jsc 3.61% to 3.1%. New: Americas Gold & Silver Corp (0.41%), Elevra Lithium Ltd (0.3%). Gone: Americas Gold & Silver Corp (0.32%), Sayona Mining Ltd (0.27%), Mac Copper Ltd (0.24%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 28 Nov 2025 12:00:00 GMThttps://themulden.com/funds/setm/https://themulden.com/funds/setm/96 positions became 88: 4 added (4.67% of the fund), 12 dropped (10.67%). Turnover proxy 18.3%. Largest increases: Paladin Energy Ltd 0.8% to 2.8%; Cameco Corp 4.1% to 5.2%; Liontown Resources Ltd 0.67% to 1.73%; Arafura Rare Earths Ltd 0.47% to 1.49%; Boss Energy Ltd 0.44% to 1.4%; Meteoric Resources Nl 0.18% to 1.07%. Largest decreases: Lynas Rare Earths Ltd 5.7% to 4.56%; Teck Resources Ltd 4.02% to 3.29%; Sigma Lithium Corp 1.38% to 0.68%; Mp Materials Corp 6.86% to 6.25%; Southern Copper Corp 2.59% to 2%; Igo Ltd 2.75% to 2.28%. New: First Majestic Silver Corp (3.71%), Abrasilver Resource Corp (0.49%), China Gold International Resources Corp Ltd (0.43%), Philex Mining Corp (0.04%). Gone: Sociedad Quimica Y Minera De Chile Sa (6.11%), Mag Silver Corp (2.6%), Amman Mineral Internasional Pt (0.92%), Trimegah Bangun Persada Tbk Pt (0.39%), Talga Group Ltd (0.14%), Northern Dynasty Minerals Ltd (0.12%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 25 Aug 2025 12:00:00 GMThttps://themulden.com/funds/setm/https://themulden.com/funds/setm/98 positions became 96: 3 added (0.81% of the fund), 5 dropped (1.84%). Turnover proxy 10.6%. Largest increases: Mp Materials Corp 4.07% to 6.86%; Sociedad Quimica Y Minera De Chile Sa 5.19% to 6.11%; Lynas Rare Earths Ltd 4.88% to 5.7%; Mag Silver Corp 2.14% to 2.6%; Antofagasta Plc 2.27% to 2.65%; Silvercorp Metals Inc 0.96% to 1.34%. Largest decreases: Uranium Energy Corp 3.87% to 2.98%; Pilbara Minerals Ltd 4.78% to 4%; Nexgen Energy Ltd 2.69% to 1.97%; Cameco Corp 4.74% to 4.1%; Denison Mines Corp 2.45% to 1.9%; Amman Mineral Internasional Pt 1.39% to 0.92%. New: Lithium Argentina Ag (0.33%), Sungeel Hitech Co Ltd (0.31%), Isoenergy Ltd (0.18%). Gone: Gatos Silver Inc (0.95%), Lithium Americas Argentina Corp (0.38%), Ishares Msci South Korea Etf (0.34%), Isoenergy Ltd (0.18%), Panoramic Resources Ltd (0%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 30 May 2025 12:00:00 GMThttps://themulden.com/funds/setm/https://themulden.com/funds/setm/111 positions became 98: 6 added (5.48% of the fund), 19 dropped (6.43%). Turnover proxy 16.2%. Largest increases: Sociedad Quimica Y Minera De Chile Sa 4.1% to 5.19%; Mag Silver Corp 1.22% to 2.14%; Ganfeng Lithium Group Co Ltd 1.04% to 1.87%; Uranium Energy Corp 3.13% to 3.87%; Nac Kazatomprom Jsc 2.95% to 3.68%; Sigma Lithium Corp 0.77% to 1.39%. Largest decreases: Lynas Rare Earths Ltd 6.59% to 4.88%; Nickel Industries Ltd 2.83% to 1.36%; Aya Gold & Silver Inc 2.77% to 1.93%; Antofagasta Plc 3.1% to 2.27%; Kghm Polska Miedz Sa 1.44% to 0.98%; Southern Copper Corp 2.71% to 2.33%. New: Teck Resources Ltd (4.14%), Moil Ltd (0.56%), Ishares Msci South Korea Etf (0.34%), Hindustan Copper Ltd (0.29%), Americas Gold & Silver Corp (0.12%), Trilogy Metals Inc (0.03%). Gone: Arcadium Lithium Plc (2.7%), Silvercrest Metals Inc (1.3%), Ishares Msci India Etf (0.97%), Sociedad Minera Cerro Verde Saa (0.25%), Fission Uranium Corp (0.25%), Minsur Sa (0.23%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 24 Feb 2025 12:00:00 GMThttps://themulden.com/funds/setm/https://themulden.com/funds/setm/109 positions became 111: 4 added (0.42% of the fund), 2 dropped (0.7%). Turnover proxy 6.7%. Largest increases: Lynas Rare Earths Ltd 4.87% to 6.59%; Mp Materials Corp 3.22% to 4.31%; Aya Gold & Silver Inc 2.18% to 2.77%; Nickel Industries Ltd 2.44% to 2.83%; Ganfeng Lithium Group Co Ltd 0.73% to 1.04%; Pilbara Minerals Ltd 4.43% to 4.73%. Largest decreases: Arcadium Lithium Plc 3.3% to 2.7%; Cgn Mining Co Ltd 1.15% to 0.71%; Paladin Energy Ltd 1.8% to 1.38%; Nac Kazatomprom Jsc 3.35% to 2.95%; Eramet Sa 1.58% to 1.2%; Cameco Corp 4.83% to 4.54%. New: Vizsla Silver Corp (0.4%), Vizsla Royalties Corp (0.01%), Vizsla Royalties Corp (0%), Galan Lithium Ltd (0%). Gone: Vizsla Silver Corp (0.39%), Filo Corp (0.31%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 26 Nov 2024 12:00:00 GMThttps://themulden.com/funds/setm/https://themulden.com/funds/setm/105 positions became 109: 16 added (3.74% of the fund), 12 dropped (3.47%). Turnover proxy 14.1%. Largest increases: Arcadium Lithium Plc 1.36% to 3.3%; Lynas Rare Earths Ltd 3.78% to 4.87%; Denison Mines Corp 1.43% to 2.45%; Cameco Corp 4.21% to 4.83%; Aya Gold & Silver Inc 1.59% to 2.18%; Energy Fuels Inc/canada 0.83% to 1.35%. Largest decreases: Nac Kazatomprom Jsc 4.2% to 3.35%; Uranium Energy Corp 3.97% to 3.14%; Meteoric Resources Nl 1.04% to 0.23%; Mp Materials Corp 4.02% to 3.22%; Southern Copper Corp 3.3% to 2.61%; Arafura Rare Earths Ltd 0.92% to 0.27%. New: Jupiter Mines Ltd (0.52%), Trimegah Bangun Persada Tbk Pt (0.5%), Vizsla Silver Corp (0.39%), Peninsula Energy Ltd (0.34%), Sociedad Minera Cerro Verde Saa (0.26%), Metals Acquisition Ltd (0.26%). Gone: Boliden Ab (1.8%), China Gold International Resources Corp Ltd (0.54%), Nickel Asia Corp (0.42%), Li-cycle Holdings Corp (0.24%), Azure Minerals Ltd (0.15%), Hercules Silver Corp (0.08%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 23 Aug 2024 12:00:00 GMThttps://themulden.com/funds/setm/https://themulden.com/funds/setm/105 positions became 105: 2 added (1.47% of the fund), 2 dropped (2.31%). Turnover proxy 10.1%. Largest increases: Antofagasta Plc 3.05% to 3.75%; Southern Copper Corp 2.6% to 3.3%; Freeport-mcmoran Inc 4.97% to 5.61%; Paladin Energy Ltd 1.59% to 2.17%; First Quantum Minerals Ltd 1.65% to 2.22%; Lundin Mining Corp 1.85% to 2.38%. Largest decreases: Mp Materials Corp 5.45% to 4.02%; Lynas Rare Earths Ltd 4.85% to 3.78%; Sociedad Quimica Y Minera De Chile Sa 5.23% to 4.37%; Igo Ltd 3.23% to 2.48%; Sigma Lithium Corp 0.8% to 0.34%; Albemarle Corp 5.2% to 4.83%. New: Arcadium Lithium Plc (1.36%), State Street Institutional Treasury Plus Money Market Fund (0.11%). Gone: Livent Corp (2.29%), South Manganese Investment Ltd (0.01%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 30 May 2024 12:00:00 GMThttps://themulden.com/funds/setm/https://themulden.com/funds/setm/108 positions became 105: 11 added (4.94% of the fund), 14 dropped (2.11%). Turnover proxy 21.1%. Largest increases: Sociedad Quimica Y Minera De Chile Sa 3.24% to 5.23%; Mp Materials Corp 3.92% to 5.45%; Albemarle Corp 3.74% to 5.2%; Lynas Rare Earths Ltd 3.82% to 4.85%; Igo Ltd 2.36% to 3.23%; Livent Corp 1.48% to 2.29%. Largest decreases: Paladin Energy Ltd 5.09% to 1.59%; Nac Kazatomprom Jsc 7.32% to 4.16%; First Quantum Minerals Ltd 4.69% to 1.65%; Cameco Corp 6.05% to 4.1%; Uranium Energy Corp 5.05% to 3.67%; Energy Fuels Inc/canada 1.8% to 0.93%. New: Amman Mineral Internasional Pt (1.43%), Meteoric Resources Nl (1.13%), Merdeka Battery Materials Tbk Pt (0.82%), Lifezone Metals Ltd (0.36%), Lithium Americas Argentina Corp (0.34%), Lotus Resources Ltd (0.21%). Gone: Lithium Americas Corp (0.57%), Australian Strategic Materials Ltd (0.48%), State Street Institutional Treasury Plus Money Market Fund (0.27%), Hastings Technology Metals Ltd (0.19%), Horizonte Minerals Plc (0.14%), Silver Mines Ltd (0.11%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 21 Feb 2024 12:00:00 GMThttps://themulden.com/funds/setm/https://themulden.com/funds/setm/107 positions became 108: 2 added (0.85% of the fund), 1 dropped (0.7%). Turnover proxy 12.2%. Largest increases: Nac Kazatomprom Jsc 4.54% to 7.32%; Uranium Energy Corp 3.4% to 5.05%; Paladin Energy Ltd 3.57% to 5.09%; Cameco Corp 4.88% to 6.05%; Nexgen Energy Ltd 2.92% to 3.63%; Cgn Mining Co Ltd 0.69% to 1.31%. Largest decreases: Albemarle Corp 5.01% to 3.74%; Mp Materials Corp 4.78% to 3.92%; Pilbara Minerals Ltd 4.92% to 4.1%; Sociedad Quimica Y Minera De Chile Sa 4.02% to 3.24%; Livent Corp 2.24% to 1.48%; Igo Ltd 2.99% to 2.36%. New: Lithium Americas Corp (0.57%), State Street Institutional Treasury Plus Money Market Fund (0.27%). Gone: Lithium Americas Corp (0.7%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 29 Nov 2023 12:00:00 GMThttps://themulden.com/funds/setm/https://themulden.com/funds/setm/111 positions became 107: 12 added (3.57% of the fund), 16 dropped (10.45%). Turnover proxy 16.3%. Largest increases: Paladin Energy Ltd 2% to 3.57%; Uranium Energy Corp 1.86% to 3.4%; Pilbara Minerals Ltd 3.91% to 4.92%; Albemarle Corp 4.07% to 5.01%; Arafura Rare Earths Ltd 0.64% to 1.5%; Denison Mines Corp 0.79% to 1.48%. Largest decreases: Igo Ltd 4.26% to 2.99%; Nac Kazatomprom Jsc 5.41% to 4.54%; Cameco Corp 5.53% to 4.88%; Ganfeng Lithium Group Co Ltd 1.38% to 1.01%; Southern Copper Corp 2.46% to 2.15%; Antofagasta Plc 2.96% to 2.68%. New: Boliden Ab (1.9%), Endeavour Silver Corp (0.54%), Filo Corp (0.37%), Sayona Mining Ltd (0.25%), Silver Mines Ltd (0.12%), Patriot Battery Metals Inc (0.09%). Gone: Boliden Ab (2.72%), Allkem Ltd (2.6%), Oz Minerals Ltd (2%), First Majestic Silver Corp (1.29%), Mincor Resources Nl (0.53%), Filo Mining Corp (0.33%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 17 Aug 2023 12:00:00 GMT