iShares MSCI Global Select Metals & Mining Producers FundiShares MSCI Global Select Metals & Mining Producers FundiShares MSCI Global Select Metals & Mining Producers Fund

iShares MSCI Global Select Metals & Mining Producers Fund

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Key stats


Assets under management (AUM)
‪751.46 M‬USD
Fund flows (1Y)
‪−398.39 M‬USD
Dividend yield (indicated)
3.00%
Discount/Premium to NAV
0.2%
Shares outstanding
‪19.75 M‬
Expense ratio
0.39%

About iShares MSCI Global Select Metals & Mining Producers Fund


Brand
iShares
Home page
Inception date
Jan 31, 2012
Structure
Open-Ended Fund
Index tracked
MSCI ACWI Select Metals & Mining Producers ex Gold & Silver IMI
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
PICK's gold-and-silver-free approach to the mining segment has found favor with investors. The fund's index, the MSCI ACWI Select Metals & Mining Producers Ex Gold & Silver IMI, excludes gold and silver mining firms like Barrick Gold and Goldcorp. This leads to larger allocations to steel and integrated mining companies, among others. In addition, PICK's underlying index aims for a broader exposure, including industries like coal, which we place in the energy sector. Pumped-up weightings to the largest firms are something investors should be wary of before investing in this fund, as the methodology does not cap its holdings. In all, PICK offers an interesting take on the space for investors who want to carve precious metals out of their global metals and mining exposure.

Classification


Asset Class
Equity
Category
Sector
Focus
Materials
Niche
Metals & mining
Strategy
Vanilla
Geography
Global
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Non-Energy Minerals
Stock breakdown by region
21%4%27%22%2%2%18%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to PICK via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PICK trades at 37.94 USD today, its price has fallen −0.78% in the past 24 hours. Track more dynamics on PICK price chart.
PICK net asset value is 38.16 today — it's risen 6.66% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
PICK assets under management is ‪751.46 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
PICK price has risen by 3.10% over the last month, and its yearly performance shows a −7.76% decrease. See more dynamics on PICK price chart.
NAV returns, another gauge of an ETF dynamics, showed a 4.43% increase in three-month performance and has decreased by −7.06% in a year.
PICK fund flows account for ‪−398.39 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PICK invests in stocks. See more details in our Analysis section.
PICK expense ratio is 0.39%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PICK isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, PICK technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PICK shows the neutral signal. See more of PICK technicals for a more comprehensive analysis.
Yes, PICK pays dividends to its holders with the dividend yield of 3.00%.
PICK trades at a premium (0.22%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PICK shares are issued by BlackRock, Inc.
PICK follows the MSCI ACWI Select Metals & Mining Producers ex Gold & Silver IMI. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 31, 2012.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.