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Launched · SEC filings

iShares MSCI Global Metals & Mining Producers ETF

PICKCboeiSharesC

$55.28−1.12 (−1.99%)

As of Nov 10, 2026, 11:15 AM ET

C41/ 100

Rank 9 of 14 in Materials (Broad)

C41/100Rank 9 of 14inMaterials (Broad)
Intraday session: down, 22 prints from 56.40 to 55.28. Range 55.22 to 55.88. Use the arrow keys to read each point.55.5055.7556.0056.2510 AM12 PM2 PM4 PM
Expense ratio
0.39%
Fund size
$2.18B
1Y total return
+27.3%
Yield · Last 12 months
2.34%
Holdings
268
Avg volume · 30D
725K sh
52W range
low $44.06high $69.02
Launched
Filings
SEC EDGAR

The ETF.net PICK Grade

Based on 5 of 6 pillars

C

Score 41 out of 100

Category
Materials (Broad)⁠
Rank
9 of 14
Six-pillar profile for PICK. Scores out of 100: Cost 31, Risk 27, Mission not scored, Tradability 55, Holdings 56, Durability 72. Strongest: Durability (72). Weakest: Risk (27). Based on 5 of 6 pillars.

Score 41 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D31 out of 100
    Rank 9 of 14

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D27 out of 100
    Rank 13 of 14

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B55 out of 100
    Rank 5 of 14

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B56 out of 100
    Rank 7 of 14

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A72 out of 100
    Rank 4 of 14

Our read on PICK

ETF.net Research

In short

CThe miners fund that deliberately leaves out the gold. PICK tracks an index of roughly 300 global metals and mining producers with gold and silver names screened out, for 0.39% a year.

Stated mandate

The fund seeks to track an index of global companies primarily engaged in mining, extracting, or producing diversified metals and industrial materials, while excluding gold and silver.

Why people hold it

  • Costs 0.39% a year against a 0.65% median in its critical-materials peer group, undercutting REMX, EART and SETM.
  • The index rule is the whole point: diversified metals and industrial materials producers in, gold and silver out. A cleaner read on industrial demand than a mixed miners basket.ishares.com
  • About 300 holdings across global markets, so no single mine, country or commodity carries the fund.
  • Trading since 2012 and now a multi-billion-dollar, actively traded fund. One of the most established ways to own the group.

Worth knowing

  • One sector, one cycle. Miner earnings ride metal prices, which means sharp moves in both directions.
  • No gold or silver producers by design, so it doesn't double as a precious-metals sleeve.
  • Distributions arrive annually or semiannually, not monthly, and a global book brings non-US currency exposure.

PICK Holdings

Holdings pillarB56 out of 100Rank 7 of 14 in Materials (Broad)
Asset class
Stocks
Holdings
268
Top-10 weight
49%
Largest holding
BHP.AX14.2%

Sectors

  • Diversified Metals & Mining51.4%
  • Steel27.2%
  • Copper13.1%
  • Aluminum5.5%
  • Precious Metals & Minerals2.8%

Geography

  • Australia23.34%
  • United States19.06%
  • United Kingdom16.53%
  • Canada7.36%
  • Japan5.60%
  • China5.41%
  • India5.19%
  • Brazil3.76%
  • Other countries (7)13.74%

Developed 70% · Emerging 30% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 18.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1BHP.AXBhp Group Ltd14.20%7,757,058$307M155
2RIO.LRio Tinto6.32%1,628,516$137M152
3FCXFreeport Mcmoran Inc6.03%2,194,522$130M377
4GLEN.LGlencore PLC4.38%14,335,001$94.8M103
5NUENucor3.84%338,965$83M349
6AAL.LAnglo American PLC3.70%1,618,529$80M128
7VALE3.SACia Vale Do Rio Doce Sh3.01%5,590,744$65.1M80
8RIO.AXRio Tinto2.70%567,603$58.5M126
9GMEXICOB.MXGrupo Mexico B2.42%4,479,575$52.3M104
10STLDSteel Dynamics Inc2.15%209,137$46.6M328
11TECK-B.TOTeck Resources Subordinate Voting1.96%699,009$42.3M62
12MT.ASArcelormittal SA1.84%650,695$39.8M79
132899.HKZijin Mining Group Ltd H1.56%9,144,000$33.7M97
14RSReliance Steel & Aluminum1.50%77,928$32.5M243
155401.TNippon Steel1.42%7,382,825$30.6M116

Showing 1–15 of 268 holdings

PICK Performance

Launched Jan 31, 2012

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

PICK$12,730
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. PICK $12,730. SPY $11,339. Use the arrow keys to read each point.$10,000$12,000$14,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for PICK. Periods over one year show the average yearly return.
PeriodPICK
Year to date+10.8%
1 month−7.0%
3 months−11.4%
1 year+27.3%
3 yearsper year+18.0%
5 yearsper year+11.0%
10 yearsper year+12.6%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for PICK
YearReturn barPICK
2026 YTD+10.8%
2025+51.9%
2024−16.3%
2023+9.7%
2022+2.7%
2021+22.6%
2020+27.5%

PICK in the news

PICK Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 9, 2026.
2.34%Last 12 months
Payout per share
$1.32Last 12 months
Last payment
$0.54 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 22 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.38; Dec 19, 2017 $0.44; Dec 28, 2017 $0.02; Jun 19, 2018 $0.49; Dec 18, 2018 $0.80; Jun 17, 2019 $0.90; Dec 16, 2019 $0.69; Dec 30, 2019 $0.05; Jun 15, 2020 $0.37; Dec 14, 2020 $0.46; Jun 10, 2021 $0.70; Dec 13, 2021 $1.75; Dec 30, 2021 $0.06; Jun 9, 2022 $1.78; Dec 13, 2022 $1.07; Jun 7, 2023 $0.78; Dec 20, 2023 $1.02; Jun 11, 2024 $0.51; Dec 17, 2024 $0.63; Jun 16, 2025 $0.70; Dec 16, 2025 $0.78; Jun 15, 2026 $0.54. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 15, 2026Jun 18, 2026$0.54
Dec 16, 2025Dec 19, 2025$0.78
Jun 16, 2025Jun 20, 2025$0.70
Dec 17, 2024Dec 20, 2024$0.63
Jun 11, 2024Jun 17, 2024$0.51
Dec 20, 2023Dec 27, 2023$1.02
Jun 7, 2023Jun 13, 2023$0.78
Dec 13, 2022Dec 19, 2022$1.07
Jun 9, 2022Jun 15, 2022$1.78
Dec 30, 2021Jan 5, 2022$0.06
Dec 13, 2021Dec 17, 2021$1.75
Jun 10, 2021Jun 16, 2021$0.70

See all 32 payments⁠

$10,000 in PICK 10 years ago paid $5,739 in dividends.⁠

PICK Risk

Risk pillarD27 out of 100Rank 13 of 14 in Materials (Broad)
How much the fund’s monthly returns vary, scaled to a year.
24.1%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.59
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−36.3%
Trough Jul 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.17
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

PICK Cost

Compare PICK and XLB

Overpaying vs XLB, cheapest in Materials (Broad)

$6,209

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • PICK 0.39%

    $7,898

  • XLB 0.08% Cheapest

    $1,689

$10,000
30 years

Cost over time

  • PICK 0.39%
  • XLB 0.08%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530PICK $7,898XLB $1,689

Year by year

YearPICKXLBOverpaying
10$705$147$558
20$2,725$575$2,150
30$7,898$1,689$6,209

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