(PICK) MSCI Global Metals & Mining - Overview
ETF Category: Natural Resources | Exchange: BATS (USA) | Market Cap: 2.092m USD | Total Return: 85% in 12m
Avg Turnover: 41.5M
Warnings
No concerns identified
Tailwinds
Idiosyncratic Leader
The iShares MSCI Global Metals & Mining Producers ETF (PICK) provides exposure to companies in both developed and emerging markets engaged in the extraction and production of metals and minerals. The fund allocates at least 80% of its assets to securities within the MSCI ACWI Select Metals & Mining Producers Ex Gold and Silver Investable Market Index, focusing on diversified metals, aluminum, and steel production.
The underlying business models in this sector are highly capital-intensive, requiring significant investment in infrastructure and heavy machinery for resource extraction. Revenue for these producers is typically cyclical, as it is closely tied to global industrial demand and fluctuating commodity spot prices. For deeper analysis of individual holdings and valuation metrics, consider reviewing the data available on ValueRay.
- Global industrial production growth accelerates demand for steel and aluminum
- Commodity price volatility directly impacts extraction margins for diversified miners
- Infrastructure spending in China dictates global iron ore and base metal prices
- Rising operational costs and labor inflation pressure mining company profitability
- Decarbonization trends drive long-term demand for copper and critical battery metals
As of May 30, 2026, the stock is trading at USD 66.09 with a total of 305,763 shares traded.
Over the past week, the price has changed by +4.10%,
over one month by +10.04%,
over three months by +2.72% and
over the past year by +85.03%.
MSCI Global Metals & Mining has no consensus analysts rating.