VVMX.DE is trading at €11.80 (-3.07%) as Middle East tensions pushed Brent crude above $100 and elevated inflation concerns supported expectations for higher-for-longer rates.

  • The move extends the decline from €12.17 on September 11, 2026.
  • Materials companies account for 99.75% of the ETF’s portfolio.
  • Rare-earth oxide prices were flat on September 14; available coverage showed no clear company-specific shock, suggesting a primarily macro-driven decline.