iShares Essential Metals Producers

ETF description

This ETF is designed to give investors exposure to companies around the world that are involved in producing essential metals, the raw materials used in things like electronics, renewable energy technologies and electric vehicles. It aims to reflect the performance of an underlying index made up of firms that derive a significant portion of their business from mining or processing metals such as copper, nickel, lithium and other materials considered important for modern industry. Rather than holding metals directly, the ETF holds the shares of companies engaged in this part of the materials sector.

This ETF may be of interest to an investor who wants to include exposure to the materials and mining industry in their portfolio and is comfortable with the possibility of wider fluctuations in value. It could suit someone who has a medium‑ to long‑term outlook and is looking for a way to participate in the global market for metals that are used in key technologies.

Issuer details

iShares ETFs are issued and managed by BlackRock, the world’s largest asset management company.

With 800+ products globally and over $2trn in assets (as at June 2024), iShares ETFs are a flexible, low‑cost way for investors to gain exposure to various market segments, including fixed income, emerging markets and broad‑based indexes.

Index details

The S&P Global Essential Metals Producers Index seeks to measure the performance of stocks engaged in the mining or manufacturing of metals deemed essential to energy transition technologies.’