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iShares MSCI Global Metals & Mining Producers ETF

$46.17
+0.00%
Market closed. Last update: 12:26 PM ET

📎 Investment Objective

The iShares MSCI Global Metals & Mining Producers ETF seeks to track the investment results of an index composed of global companies primarily engaged in the business of metals and mining.

Overview

ETF tracking iShares MSCI Global Metals & Mining Producers ETF

Category Materials
Issuer BlackRock
Inception Date 2017-08-02
Market Cap $909.6M
Average Volume N/A
Dividend Yield 2.89%
52-Week Range $30.23 - $47.09
VWAP $46.11

Performance

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Investment Summary

📎 Investment Objective

The iShares MSCI Global Metals & Mining Producers ETF seeks to track the investment results of an index composed of global companies primarily engaged in the business of metals and mining.

🎯 Investment Strategy

The ETF invests in a diversified portfolio of global companies that derive the majority of their revenues from the production and distribution of metals and mining products. The fund aims to provide exposure to the global metals and mining industry.

✨ Key Features

  • Broad exposure to global metals and mining companies
  • Diversified portfolio across different metals and mining sub-sectors
  • Low expense ratio of 0.00%
  • Tracks the MSCI ACWI Metals & Mining Producers Index

⚠️ Primary Risks

  • Concentration risk in the metals and mining industry
  • Exposure to commodity price volatility
  • Potential for higher risk compared to broader market due to industry focus
  • Currency risk for international holdings

👤 Best For

This ETF may be suitable for investors seeking exposure to the global metals and mining industry as part of a diversified portfolio. It may be appropriate for investors with a higher risk tolerance who are comfortable with the cyclical nature and volatility of the metals and mining sector.