PICKiShares MSCI Global Metals & Mining Producers ETF
PICK Fund Description
PICK tracks a market-cap-weighted index of global metals mining, extraction or production firms, excluding gold and silver mining firms.
PICK Factset Analytics Insight
PICK's gold-and-silver-free approach to the mining segment has found favor with investors. The fund's index, the MSCI ACWI Select Metals & Mining Producers Ex Gold & Silver IMI, excludes gold and silver mining firms like Barrick Gold and Goldcorp. This leads to larger allocations to steel and integrated mining companies, among others. In addition, PICK's underlying index aims for a broader exposure, including industries like coal, which we place in the energy sector. Pumped-up weightings to the largest firms are something investors should be wary of before investing in this fund, as the methodology does not cap its holdings. In all, PICK offers an interesting take on the space for investors who want to carve precious metals out of their global metals and mining exposure.
PICK Portfolio Data
PICK Index Data
PICK Portfolio Management
PICK Tax Exposures
PICK Fund Structure
PICK Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PICK. PICK is rated a 5 out of 5.
PICK Sector/Industry Breakdown
PICK Economic Development
PICK Performance Statistics
PICK Benchmark Comparison Summary
PICK Benchmark Comparison Market Cap Size