List of Aluminum ETFs
While no pure US-listed aluminum ETFs exist in 2026, investors can access the sector through metals and mining proxies or international markets.
Finding a comprehensive List of Aluminum ETFs requires looking beyond pure-play US listings, as popular options like the iPath Pure Beta Aluminum ETN (FOIL) have been delisted. As of April 2026, no US-domiciled ETF offers 100% direct exposure to aluminum spot prices or futures. Instead, investors utilize broader industrial metals funds or international listings on the London Stock Exchange (LSE) to capture sector movement. This guide explores the most liquid metal proxies and historical products like the iPath Dow Jones-AIG Aluminum Total Return Sub-Index ETN (JJU) to help you navigate the 2026 metals landscape. Understanding these industrial proxies is essential for tracking demand in EV and aerospace manufacturing.
Key Takeaways
There are currently no active US-listed pure aluminum ETFs. Legacy products like the iPath Pure Beta Aluminum ETN (FOIL) were discontinued between 2018 and 2020.
The SPDR S&P Metals & Mining ETF (XME) is the most liquid alternative, offering 5-7% exposure to aluminum through major miners like Alcoa.
Investors seeking 1:1 price tracking often look toward the London Stock Exchange for WisdomTree Aluminium (ALUM), which has gained over 17% YTD in 2026.
Aluminum demand is currently driven by EV infrastructure and defense projects, leading to $13MM in new inflows to industrial metal baskets this quarter.
Top List of Aluminum ETFs by Market Cap (2026)
The following table highlights the most liquid proxies and international pure-plays currently available for aluminum sector exposure.
| Rank | Ticker | Fund Name | Exposure Type | AUM ($MM) | YTD % | Expense | Flows (3M) |
|---|---|---|---|---|---|---|---|
| 1 | XME | SPDR S&P Metals & Mining | Diversified Mining | $4,680 | +8.0% | 0.35% | +$13.0M |
| 2 | REMX | VanEck Rare Earth/Metals | Industrial Metals | $2,750 | +5.2% | 0.59% | +$4.1M |
| 3 | PICK | iShares Global Metals & Mining | Metals Producer | $1,200 | +12.0% | 0.39% | +$8.5M |
| 4 | ALUM | WisdomTree Aluminium (LSE) | Pure Physical/Futures | $410 | +17.7% | 0.49% | +$2.2M |
| 5 | DBB | Invesco DB Base Metals | Commodity Basket | $185 | +6.8% | 0.77% | -$1.5M |
List of Aluminum ETFs — Complete Company List
Aluminum ETFs and ETNs
Risks & Considerations
Lack of Direct Exposure
US investors must rely on mining stocks or diversified baskets. This means stock-specific risks (labor, regulation) may prevent the fund from tracking the metal price accurately.
Contango & Roll Yield
International ETNs that track futures are subject to contango, where the cost of rolling forward contracts eats into investor returns over time.
High Tracking Error
Diversified funds like XME only have 5-7% aluminum overlap. Price surges in aluminum may be offset by weakness in steel or copper holdings within the same ETF.
Liquidity Warnings
Many small commodity ETNs have low daily trading volume. This can lead to wide bid-ask spreads, making it difficult to enter or exit positions at fair market value.