Mining ETF

Within this mining ETF you will find mines active on a global scale in metals, minerals and more. Gold and silver mines are excluded from this mining ETF so it gives you a good opportunity to invest in all sorts of metals and minerals without the speculative gold and silver. That really is an advantage as gold and silver do react completely different on market conditions than these minerals and metals.

Of course prices of ore, minerals and other raw materials are depended upon supply and demand and thus are following global market conditions. Prices of mining companies always react a bit fiercely than prices of the minerals and materials themselves.

You may see it as some sort of leverage investing but price movements are not that intense compared to gold and silver mines. Doubling or losing half of your money in a year with this mining ETF is however entirely possible, although the latter is to be avoided.

iShares MSCI Global Metals and Mining Producers ETF

This iShares mining ETF is tracking the MSCI ACWI Select Metals & Mining Producers Ex Gold & Silver Investable Market Index. Almost 200 global mining companies are included.

The 3 largest companies here are BHP Billiton with a share of 18%, Rio Tinto with an 18% share and Glencore with 4%. Country wise Australia is leading the pack with a weighing of 27%.

The US comes in second with 14% and Japan is third with 11%.

All my transactions older than 1 month FOR FREE: Click here

iShares MSCI Global Metals and Mining Producers ETF info:

 

ETF provider: iShares (BlackRock)

Ticker: PICK

ISIN: US46434G8481

Currency: Dollar

Exchange: NYSE Arca