PICK - ETF AI Analysis
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iShares MSCI Global Metals & Mining Producers ETF (PICK)
Rating:57Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong year-to-date and recent one-month gains, indicating solid momentum in metals and mining stocks.
Leading Global Miners in Top Holdings
Several of the largest positions, including major global mining companies, have delivered strong year-to-date performance, helping drive the fund’s returns.
Broad Geographic Diversification
Holdings spread across multiple countries such as Australia, the U.S., the UK, and several emerging markets help reduce reliance on any single region’s economic conditions.
Negative Factors
Heavy Sector Concentration
With most assets in the materials sector, the ETF is highly sensitive to swings in commodity prices and the metals and mining industry cycle.
Top Holdings Concentration Risk
A small group of large mining and metals companies make up a significant portion of the portfolio, increasing the impact if any of these firms run into problems.
Mixed Performance Among Key Stocks
While many top holdings are performing well, at least one major position has been weak year-to-date, which can drag on overall returns if the weakness continues.
PICK vs. SPDR S&P 500 ETF (SPY)
AUM2.34B
RegionGlobal
Expense Ratio0.39%
Beta1.24
IssueriShares
Inception DateJan 31, 2012
Dividend Yield2.07%
Asset ClassEquity
Index TrackedMSCI ACWI Select Metals & Mining Producers ex Gold & Silver IMI
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume563,637
30 Day Avg. Volume800,840
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
66.98Price Target Upside― Downside
Rating ConsensusHold
Number of Analyst Covering187
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PICK Summary
PICK is the iShares MSCI Global Metals & Mining Producers ETF. It follows an index of companies around the world that mine and produce metals, excluding gold and silver. The fund holds big names like BHP Group and Rio Tinto, along with other major miners and steel producers. Investors might consider PICK if they want to bet on global demand for materials used in construction, manufacturing, and infrastructure, and to diversify beyond typical U.S. stock funds. A key risk is that metals and mining stocks can be very cyclical, so the ETF’s value can rise and fall sharply with commodity prices and the global economy.
How much will it cost me?This ETF has an expense ratio of 0.39%, which means you’ll pay about $3.90 per year for every $1,000 you invest. That’s a bit higher than the cost of a typical broad, passively managed index ETF because this fund focuses on a more specialized sector (global metals and mining), which usually costs more to run.
What would affect this ETF?PICK could benefit if global economic growth, infrastructure spending, and demand from countries like China and India stay strong, since its major mining and steel holdings tend to do well when construction and manufacturing are active. On the negative side, a global slowdown, falling metal prices, stricter environmental regulations, or higher borrowing costs could hurt profits for its materials and mining companies and weigh on the ETF.
PICK Top 10 Holdings
PICK is essentially a global metals and mining play, with heavyweights like BHP and Rio Tinto setting the tone. BHP has been steadily rising, giving the fund a solid backbone, while Freeport-McMoRan and Nucor add extra lift with strong recent momentum in copper and steel. On the flip side, Vale has been lagging, acting like a small anchor on otherwise improving performance. With most exposure in big diversified miners and steel producers across Australia, the U.K., Brazil, and the U.S., the ETF is clearly concentrated in the cyclical materials story rather than broad market tech or finance.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| BHP Group Ltd | 14.02% | $326.84M | AU$323.87B | 81.56% | 68 Neutral | |
| Rio Tinto | 6.40% | $149.17M | £125.75B | 64.51% | 82 Outperform | |
| Freeport-McMoRan | 5.93% | $138.36M | $99.21B | 70.71% | 67 Neutral | |
| Glencore | 4.42% | $103.05M | £67.87B | 98.87% | 68 Neutral | |
| Anglo American | 3.45% | $80.46M | $59.11B | 86.48% | 66 Neutral | |
| Nucor | 3.30% | $76.97M | $56.43B | 73.64% | 74 Outperform | |
| Vale S.A. | 2.96% | $68.95M | R$300.70B | 36.09% | ― | |
| Rio Tinto Limited | 2.71% | $63.25M | AU$240.34B | 66.82% | 78 Outperform | |
| Grupo Mexico | 2.26% | $52.73M | $1.71T | 100.60% | ― | |
| Steel Dynamics | 1.90% | $44.30M | $33.11B | 74.14% | 76 Outperform |
PICK Technical Analysis
Positive
―
Price Trends
60.07
Positive
61.09
Positive
57.23
Positive
Market Momentum
1.08
Negative
59.95
Neutral
40.31
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PICK, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 61.41, equal to the 50-day MA of 60.07, and equal to the 200-day MA of 57.23, indicating a bullish trend. The MACD of 1.08 indicates Negative momentum. The RSI at 59.95 is Neutral, neither overbought nor oversold. The STOCH value of 40.31 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PICK.
PICK Peer Comparison
Comparison Results
Performance Comparison
PICK
iShares MSCI Global Metals & Mining Producers ETF
63.56
23.49
58.62%
COPX
Global X Copper Miners ETF
―
―
―
SIL
Global X Silver Miners ETF
―
―
―
SILJ
ETFMG Prime Junior Silver Miners ETF
―
―
―
RING
iShares MSCI Global Gold Miners ETF
―
―
―
SLVP
iShares MSCI Global Silver Miners ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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