VVMX.DE is trading 3.2% up today, rebounding from recent weakness as easing Middle East tensions and lower oil prices support cyclical and commodity-linked sectors.
- The ETF, which tracks the MVIS Global Rare Earth/Strategic Metals Index, is benefiting from firmer global equity futures and reduced inflation fears.
- Gains appear broad-based across the index's constituent miners and processors rather than being driven by a single holding.