iShares MSCI Global Metals & Mining Producers ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$39.48
- Net Assets:$0 Million
- NAV:$40.03
- Premium-1.37%
- Peer Rank:13 of 32
- Investment Rating:D+
- Performance:C-
- RiskC+
We rate iShares MSCI Gl Met and MP at D+. The fund may be considered for investors seeking a Sector - Precious Metals strategy.
Total return ranks above peers over the last three years. The iShares MSCI Gl Met and MP has returned an annual rate of 2.07% since inception. More recently, the fund has generated a total return of 11.49% in the last five years, 3.59% in the last three years, and -8.07% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 82% of them. It has also outpaced 53% of its competitors on a three year basis and 7% of them over the last year for the period ending 2/29/2024. On a year to date basis, PICK has returned -7.29%.
Downside risk has been below average. PICK has a draw down risk of -33.56%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 29.4%. This fund has experienced excessive volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As PICK is an exchange traded fund, it has no front end or back end load.
The iShares MSCI Gl Met and MP is managed by Jennifer F.Y. Hsui at BlackRock Fund Advisors. This fund is one of 353 BlackRock Fund Advisors exchange-traded funds launched since 3/12/1996 that we track.