PICK Stock: iShares MSCI Global Metals & Mining Producers ETF Profile & Analysis (2026)
A diversified global fund providing exposure to the producers of industrial metals like iron ore, copper, and aluminum — Updated May 2026 with current AUM, expense ratio, holdings, and performance data.
Investors looking for broad exposure to the global industrial materials sector often turn to the PICK stock, which represents the iShares MSCI Global Metals & Mining Producers ETF. This fund provides a diversified entry point into companies involved in the extraction and production of aluminum, copper, and iron ore, excluding gold and silver producers. Much like investors scouring the market for Small Cap Aerospace & Defense Stocks, those interested in PICK are typically targeting industrial growth and global infrastructure expansion themes.
Managed by BlackRock, PICK tracks a global index of producers across both developed and emerging markets. While some investors focus on higher-risk niche sectors like Micro Cap Oil Stocks or the Complete List Of Semiconductor Companies Listed On U.S. Exchanges, PICK offers a more stabilized, large-cap heavy approach to the commodities cycle. With over 250 holdings, it captures the foundational companies that supply the raw materials necessary for the global manufacturing and technology supply chains.
Key Takeaways — PICK Stock
PICK provides access to hundreds of mining companies worldwide, including massive diversified giants in Australia, the UK, and Brazil.
Unlike other mining ETFs, PICK specifically excludes gold and silver producers, focusing strictly on industrial metals like copper and iron.
With a 0.39% expense ratio, the fund is a relatively low-cost way to gain international commodity exposure without buying individual stocks.
The fund typically offers a competitive dividend yield fueled by the cash flows of major global miners during periods of high commodity demand.
PICK — Live Price Chart
Real-time chart from TradingView.
PICK ETF Vitals & Key Statistics
Core data as of May 2026.
| Data Point | Value | Data Point | Value |
|---|---|---|---|
| Full Name | iShares MSCI Global Metals & Mining Producers ETF | Ticker | PICK |
| Issuer | BlackRock (iShares) | Asset Class | Equity / Natural Resources |
| Index Tracked | MSCI ACWI Select Metals & Mining Producers Ex Gold & Silver Index | Structure | ETF |
| Expense Ratio | 0.39% | AUM | ~$2.12B |
| Inception Date | January 31, 2012 | Exchange | AMEX |
| No. of Holdings | 259 | Dividend Yield | 1.91% |
| 52-Week High | $68.47 | 52-Week Low | $35.70 |
| Avg Daily Volume | 703,130 | YTD Return | 10.83% |
| 1-Year Return | 1.6% | 5-Year Return | 12.77% |
| Category | Global Metals & Mining | Dividend Frequency | Semi-Annual |
PICK Top 10 Holdings (May 2026)
Largest positions by weight. Click columns to sort.
| Rank | Ticker | Company Name | Sector | Weight % |
|---|---|---|---|---|
| 1 | BHP | BHP Group Ltd | Diversified Mining | 12.11% |
| 2 | RIO | Rio Tinto PLC | Diversified Mining | 6.70% |
| 3 | FCX | Freeport McMoRan Inc | Copper Mining | 5.34% |
| 4 | GLEN | Glencore PLC | Diversified Mining | 4.93% |
| 5 | VALE | Vale SA | Iron Ore | 3.71% |
| 6 | AAL | Anglo American PLC | Diversified Mining | 3.05% |
| 7 | RIO | Rio Tinto Ltd | Diversified Mining | 2.74% |
| 8 | NUE | Nucor Corp | Steel Production | 2.59% |
| 9 | GMBXF | Grupo Mexico B | Copper Mining | 2.15% |
| 10 | 2010.SR | Saudi Arabian Mining (Ma’aden) | Diversified Mining | 1.82% |
PICK — Pros & Cons
✓ Global Diversification
Offers exposure to mining giants across Australia, Europe, and the Americas, reducing single-country risk.
✗ High Cyclicality
The fund is highly sensitive to the global economic cycle and manufacturing demand, leading to price volatility.
✓ Inflation Hedge
Industrial metals often appreciate during inflationary periods, helping protect purchasing power.
✗ Excludes Precious Metals
By design, PICK does not hold gold or silver stocks, so it won’t benefit from safe-haven rushes to bullion.
✓ Energy Transition Play
Includes major copper and lithium producers essential for the global shift to electric vehicles and green energy.
✗ Geopolitical Risk
Significant exposure to emerging market jurisdictions can lead to risks from mining law changes or trade disputes.
Who Should Consider PICK?
Long-term investors who want to bet on global infrastructure development and the “electrification of everything” through raw material producers.
Conservative investors who cannot tolerate large price swings or those specifically looking for gold and silver exposure.
You believe the global economy is entering an expansion phase or if you want to diversify a portfolio heavily weighted in tech or finance.
Tax-advantaged accounts like IRAs are often preferred due to the semi-annual dividend distributions from international holdings.
PICK vs Similar ETFs
Key metrics comparison.
| ETF | Full Name | Expense Ratio | AUM | Holdings | Div Yield | YTD | Best For |
|---|---|---|---|---|---|---|---|
| PICK ★ | iShares Global Metals & Mining | 0.39% | $2.12B | 259 | 1.91% | 10.83% | Global Industrial Exposure |
| XME | SPDR S&P Metals & Mining ETF | 0.35% | $2.4B | 34 | 0.95% | 8.2% | U.S. Centric Players |
| COPX | Global X Copper Miners ETF | 0.65% | $1.8B | 40 | 1.10% | 12.5% | Pure Copper Bet |
| ICOP | iShares Copper & Metals Mining | 0.47% | $0.5B | 35 | 1.30% | 11.2% | Strategic Metals Focus |
PICK Technical Analysis
Real-time buy/sell signals.
PICK — Risks & Considerations
Economic Sensitivity
Industrial metals depend on construction and manufacturing. A global recession can significantly depress the value of these stocks.
Currency Fluctuations
Because PICK invests in international companies, changes in the value of the U.S. Dollar against the Aussie Dollar or Euro can impact returns.
Environmental Regulation
Mining companies face increasing pressure regarding ESG standards, which could lead to higher operating costs or legal challenges.
Concentration Risk
The top 10 holdings represent a significant portion of the fund, meaning a downturn in a giant like BHP can heavily drag on the ETF.