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TMET vs PICK

iShares Strategic Metals ETF vs iShares MSCI Global Metals & Mining Producers ETF

TMET

iShares Strategic Metals ETF

Annual cost

0.47%

Fund size

$28M

PICK

iShares MSCI Global Metals & Mining Producers ETF

Annual cost

0.39%

Fund size

$1.9B

Key differences

  • PICK costs 0.08% less per year.
  • PICK is significantly larger than TMET — larger funds tend to be more liquid and less likely to close.
  • TMET is classified as alternative, while PICK is equity — different risk/return profiles.
  • PICK has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TMETPICK
Annual cost (TER)0.47%0.39%
Fund size (AUM)$28M$1.9B
Since20232012
Dividend yield13.56%2.40%
Asset classalternativeequity
Region
Strategyindex trackingindex tracking
CAGR 1Y+61.9%+85.9%
CAGR 3YN/A+23.4%
CAGR 5YN/A+12.2%
Sharpe 3YN/A0.81
Volatility 1Y30.64%27.80%
Max drawdown-22.20%-52.73%

Similar to TMET and PICK