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Trending ETFs

Name

As of 07/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$30.94

$442 M

1.20%

$0.37

0.39%

Vitals

YTD Return

26.7%

1 yr return

27.8%

3 Yr Avg Return

4.8%

5 Yr Avg Return

9.9%

Net Assets

$442 M

Holdings in Top 10

71.2%

52 WEEK LOW AND HIGH

$30.8
$19.90
$30.94

Expenses

OPERATING FEES

Expense Ratio 0.39%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 12.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 07/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$30.94

$442 M

1.20%

$0.37

0.39%

RING - Profile

Distributions

  • YTD Total Return 26.7%
  • 3 Yr Annualized Total Return 4.8%
  • 5 Yr Annualized Total Return 9.9%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.63%
DIVIDENDS
  • Dividend Yield 1.2%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    iShares MSCI Global Gold Miners ETF
  • Fund Family Name
    BlackRock-advised Funds
  • Inception Date
    Jan 31, 2012
  • Shares Outstanding
    19300000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Greg Savage

Fund Description

The Fund seeks to track the investment results of the MSCI ACWI Select Gold Miners Investable Market Index (IMI) (the Underlying Index), which has been developed by MSCI Inc. (the Index Provider or MSCI) to target a minimum of 30 companies in developed and emerging markets that are involved in the business of gold mining. MSCI begins with the MSCI ACWI Investable Market Index (IMI), and then selects securities of companies that are primarily focused on the extraction and production of gold, and state as a general policy that they do not hedge their exposure to gold prices as long as no indication of hedging activities is found in their annual reports or such hedging activities are identified but represent less than 10% of the business. If the number of constituents from the selection universe is less than 30, MSCI will include additional securities from the selection universe according to a criteria based on a company's hedging activities. If after that application there remains less than 30 constituents, MSCI will select securities outside of
the selection universe from the MSCI ACWI Investable Market Index (IMI) in the following order: (i) companies in the gold sector that do not generate revenues from gold but are involved in gold exploration, (ii) companies in the precious metals and minerals sectors that do not generate revenues from gold but are involved in gold exploration and (iii) certain gold companies of the MSCI World Micro Cap Index. The price of the equity securities of these companies and the price of gold may not always be closely correlated. The Underlying Index is a free float-adjusted market capitalization-weighted index with a capping methodology that limits all issuer weights so that no single issuer of a component exceeds 25% of the Underlying Index weight, and all issuers with a weight above 5% do not cumulatively exceed 50% of the Underlying Index weight. The Underlying Index includes large-, mid- and small-capitalization companies and may change over time. As of August 31, 2023, a significant portion of the Underlying Index is represented by securities of companies in the materials industry or sector. The components of the Underlying Index are likely to change over time. As of August 31, 2023, the Underlying Index consisted of securities of companies in the following nine countries or regions: Australia, Canada, China, Indonesia, Peru, South Africa, Turkey, the United Kingdom (the U.K.) and the U.S. The Fund, under normal market conditions, will invest at least 40% of its assets in issuers organized or located outside the U.S. or doing business outside the U.S.
BFA uses an indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to
beat the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.
Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.
BFA uses a representative sampling indexing strategy to manage the Fund. Representative sampling is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.
The Fund generally will invest at least 80% of its assets in the component securities of its Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of its Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or
its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. Cash and cash equivalent investments associated with a derivative position will be treated as part of that position for the purposes of calculating the percentage of investments included in the Underlying Index. The Fund seeks to track the investment results of the Underlying Index before fees and expenses of the Fund.
The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).
The Underlying Index is sponsored by MSCI, which isindependent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.
Industry Concentration Policy. The Fund will concentrate its investments i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry.
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RING - Performance

Return Ranking - Trailing

Period RING Return Category Return Low Category Return High Rank in Category (%)
YTD 26.7% -26.4% 35.6% 7.69%
1 Yr 27.8% -47.8% 34.2% 7.69%
3 Yr 4.8%* -20.1% 6.6% 13.85%
5 Yr 9.9%* -1.1% 14.0% 29.23%
10 Yr 4.7%* -5.3% 6.8% 19.23%

* Annualized

Return Ranking - Calendar

Period RING Return Category Return Low Category Return High Rank in Category (%)
2023 10.1% -19.2% 10.1% 1.54%
2022 -17.2% -32.9% -1.3% 69.23%
2021 -9.6% -51.0% 70.4% 24.62%
2020 23.9% 10.6% 63.4% 67.19%
2019 48.4% -1.0% 54.7% 20.69%

Total Return Ranking - Trailing

Period RING Return Category Return Low Category Return High Rank in Category (%)
YTD 26.7% -26.4% 35.6% 7.69%
1 Yr 27.8% -47.8% 34.2% 7.69%
3 Yr 4.8%* -20.1% 6.6% 13.85%
5 Yr 9.9%* -1.1% 14.0% 29.23%
10 Yr 4.7%* -5.3% 6.8% 19.23%

* Annualized

Total Return Ranking - Calendar

Period RING Return Category Return Low Category Return High Rank in Category (%)
2023 12.3% -19.2% 12.3% 1.54%
2022 -15.4% -32.9% 2.7% 70.77%
2021 -7.5% -23.6% 80.2% 21.54%
2020 25.0% 10.6% 70.6% 79.69%
2019 49.9% 0.7% 58.5% 24.14%

RING - Holdings

Concentration Analysis

RING Category Low Category High RING % Rank
Net Assets 442 M 8.82 M 13.7 B 56.92%
Number of Holdings 39 24 265 75.38%
Net Assets in Top 10 256 M 8.84 M 8.2 B 61.54%
Weighting of Top 10 71.17% 31.6% 83.1% 12.31%

Top 10 Holdings

  1. Newmont Corp 18.19%
  2. Barrick Gold Corp 12.81%
  3. Agnico Eagle Mines Ltd 11.65%
  4. Anglogold Ashanti Plc 5.05%
  5. Gold Fields Ltd 4.73%
  6. Zijin Mining Group Co Ltd 4.33%
  7. Wheaton Precious Metals Corp 4.22%
  8. Kinross Gold Corp 4.13%
  9. Alamos Gold Inc 3.23%
  10. Cia de Minas Buenaventura SAA 2.84%

Asset Allocation

Weighting Return Low Return High RING % Rank
Stocks
99.75% 75.63% 120.97% 43.08%
Cash
1.23% 0.00% 18.70% 64.62%
Other
0.00% -1.54% 17.73% 49.23%
Preferred Stocks
0.00% 0.00% 0.84% 64.62%
Convertible Bonds
0.00% 0.00% 0.00% 64.62%
Bonds
0.00% 0.00% 3.85% 69.23%

Stock Sector Breakdown

Weighting Return Low Return High RING % Rank
Basic Materials
100.00% 93.10% 100.00% 49.23%
Utilities
0.00% 0.00% 0.02% 67.69%
Technology
0.00% 0.00% 0.19% 64.62%
Real Estate
0.00% 0.00% 0.00% 64.62%
Industrials
0.00% 0.00% 4.56% 69.23%
Healthcare
0.00% 0.00% 0.00% 64.62%
Financial Services
0.00% 0.00% 0.14% 64.62%
Energy
0.00% 0.00% 2.88% 66.15%
Communication Services
0.00% 0.00% 0.00% 64.62%
Consumer Defense
0.00% 0.00% 0.00% 64.62%
Consumer Cyclical
0.00% 0.00% 2.75% 64.62%

Stock Geographic Breakdown

Weighting Return Low Return High RING % Rank
Non US
77.66% 0.00% 94.39% 26.15%
US
22.09% 1.43% 116.42% 75.38%

RING - Expenses

Operational Fees

RING Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.39% 0.39% 5.11% 98.46%
Management Fee 0.39% 0.35% 1.00% 6.15%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.10% 0.25% N/A

Sales Fees

RING Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

RING Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

RING Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 12.00% 1.00% 114.00% 20.63%

RING - Distributions

Dividend Yield Analysis

RING Category Low Category High RING % Rank
Dividend Yield 1.20% 0.00% 4.36% 21.54%

Dividend Distribution Analysis

RING Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annual SemiAnnual Annual

Net Income Ratio Analysis

RING Category Low Category High RING % Rank
Net Income Ratio 1.63% -18.00% 5.11% 4.62%

Capital Gain Distribution Analysis

RING Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

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RING - Fund Manager Analysis

Managers

Greg Savage


Start Date

Tenure

Tenure Rank

Jan 31, 2012

10.34

10.3%

Greg Savage, Managing Director; has been associated with BlackRock Fund Advisors since 2009. Mr. Savage has been a senior portfolio manager for BFA and BTC since 2009. Prior to his employment with BFA and BTC, Mr. Savage was a senior portfolio manager from 2006 to 2009 for BGFA and BGI and a portfolio manager from 2001 to 2006 for BGFA and BGI.

Jennifer Hsui


Start Date

Tenure

Tenure Rank

Dec 31, 2012

9.42

9.4%

Jennifer Hsui, Managing Director & Portfolio Manager at BlackRock Investment Management LLC has been employed by BlackRock Fund Advisors as a senior portfolio manager since 2007. Prior to that, Ms. Hsui was a portfolio manager from 2006 to 2007 for BGFA. She was a research analyst for RBC Capital Markets from 2003 to 2006.

Amy Whitelaw


Start Date

Tenure

Tenure Rank

Dec 28, 2018

3.42

3.4%

Amy Whitelaw is Managing Director of BlackRock, Inc. since 2013 and was Director of the firm from 2009 to 2012. Ms. Whitelaw's service with the firm dates back to 1998, including her years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. Ms. Whitelaw served as Principal of BGI from 2000 to 2009. Previously Ms. Whitelaw worked in the Transition Services group as a transition manager and strategist, and was also an international equity trader on BGI’s trading desk.

Paul Whitehead


Start Date

Tenure

Tenure Rank

Jan 01, 2022

0.41

0.4%

Paul Whitehead is responsible for supporting the day-to-day management of the MML Blend Fund’s portfolio, including setting the Fund’s overall investment strategy and overseeing the management of the Fund. Mr. Whitehead is a Managing Director of BlackRock, Inc., Co-Head of Index Equity, and Co-Head of BlackRock’s ETF and Index Investments business. Mr. Whitehead also oversees the management of BlackRock’s Institutional and iShares funds. Mr. Whitehead was previously the Global Head of Equity Trading and the Global Head of Transition Management within BlackRock’s Global Trading Group. Mr. Whitehead’s service with the firm dates back to 1996, including his years with Barclays Global Investors, which merged with BlackRock in 2009. Prior to his current role, Mr. Whitehead was Head of Americas Equity Trading. Previously, he managed the trading team responsible for all Institutional Index funds, Exchange Traded funds, and Transition Management mandates. Mr. Whitehead represents BlackRock on the board of Luminex, a buy-side owned Alternative Trading System launched in 2015.

Tenure Analysis

Category Low Category High Category Average Category Mode
1.25 34.34 11.89 3.67