VVMX.DE is trading at €11.60, down 3.01% on September 24, 2026, as the 10-year Treasury yield reached approximately 5.14% after strong September business-activity data reinforced expectations for prolonged restrictive Federal Reserve policy.

  • The broader materials sector is higher, but VVMX.DE’s concentrated exposure to lithium, rare-earth miners, and global commodity producers leaves it vulnerable to higher discount rates and weaker risk appetite.
  • Major holdings include Albemarle, Pilbara Minerals, Lynas Rare Earths, and MP Materials.