Summary
iShares MSCI Global Gold Miners ETF is an ETF - a fund traded on an exchange like a stock - run by IShares. Positions inside: 50. The ten largest make up 67% of the fund.
- Yearly costs
- 0.39%
- Fund size
- $2.06B
- Positions
- 50
- Dividend yield
- 1.31%
- Running since
- 2012
What speaks for it
- A large fund with $2.06B under management.
- Easy to buy and sell: about $44.6M changes hands a day.
- Average yearly growth over the last ten years: 12%.
- It has been running since 2012.
What to watch
- The ten largest positions make up 67% of the fund, so its result rests on a few names.
- In the last five years its price once dropped by 49% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -10%
- 3 months
- +4.8%
- This year
- -6.6%
- 1 year
- +13%
- 3 years
- +197%
- 5 years
- +162%
- 10 years
- +222%
- Avg. market cap
- $48.5B
- P/E
- 11.3x
- Forward P/E
- 11.1x
- P/S
- 4.0x
- P/B
- 2.7x
- P/FCF
- 12.1x
- EV/EBITDA
- 6.3x
- Dividend yield
- 0.76%
- ROIC
- 19.5%
- ROE
- 27.6%
- Gross margin
- 56.4%
- Operating margin
- 52.1%
- Net margin
- 40.3%
- Payout ratio
- 8.6%
- Net debt/EBITDA
- -0.2x
- Beta
- 0.94
Weighted average of the 36 largest companies, which make up 96% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 NENewmont NEM 18%
- 2 AEAgnico Eagle Mines Limited AEM.TO 13%
- 3 ABBarrick Mining Corporation ABX.TO 8.7%
- 4 WPWheaton Precious Metals Corp. WPM.TO 7.3%
- 5 ANAngloGold Ashanti Plc ANG.JO 4.3%
- 6 GFGold Fields Limited GFI.JO 4.3%
- 7 K.Kinross Gold Corporation K.TO 3.9%
- 8 PAPan American Silver Corp. PAAS.TO 3.1%
- 9 CDCoeur Mining CDE 2.8%
- 10 EQEquinox Gold Corp. EQX.TO 2.4%
Positions in the fund: 50. The ten largest make up 67% of it.
Composition as of Oct 30, 2026.
Where is it spread?
Spread outBy country
- Canada 56%
- United States 21%
- South Africa 11%
- Australia 6.0%
- Other countries 6.6%
By company size
- Large cap 75%
- Mid cap 22%
- Small cap 2.5%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest country: Canada (56%). Largest size group: Large cap (75%).
What does it cost me?
Usual costs- A year from $10,000
- $39.00
- Over 20 years
- $1,903
From every $10,000 invested the fund takes $39.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $1,903.
How has it done?
Growing over the long run- A year on average, 10 years
- +12%
- Deepest drop
- -49%
- Yearly volatility
- 51%
Average yearly growth over the last ten years: 12%. Deepest drop in these years: 49% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.31%
- Payments a year
- 2
- Last payment
- $0.53
Over the last 12 months it paid $0.90 per share, which is 1.31% of today's price. The last payment was $0.53 on Jun 15, 2026.
Is it easy to buy and sell?
Very easy- Traded a day
- $44.6M
- Shares a day
- 649K
On an average day about $44.6M of the fund changes hands.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 11.3
- Average Bulios Score
- 84 out of 100
Weight by Bulios Fair Price
- Undervalued 55%
- Fairly valued 12%
- Overvalued 33%
On average the companies inside trade for 11.3 times their yearly profit. By Fair Price, 55% of the rated weight comes out as undervalued.
Counted from its largest companies (36), which make up 96% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
XG XGD.TO iShares S&P/TSX Global Gold Index ETF | Canada | 0.61% | $2.85B | +14% | Pays out | 73% |
GL GLDU.AS Amundi Index Solutions - Amundi Gold Miners UCITS ETF USD Distributing | Luxembourg | 0.65% | $732.0M | +17% | Pays out | 70% |
CD CD91.DE Amundi Index Solutions - Amundi Gold Miners UCITS ETF USD Distributing | Luxembourg | 0.65% | $734.8M | +22% | Pays out | 70% |
MN MNRS.AX BetaShares - Global Gold Miners Currency Hedged ETF | Australia | 0.57% | $161.8M | -1.6% | Pays out | 68% |
AU AUCO.MI L&G Gold Mining UCITS ETF | Ireland | 0.55% | $502.2M | +21% | Reinvests | 66% |
ET ETLX.DE L&G Gold Mining UCITS ETF | Ireland | 0.55% | $505.7M | +20% | Reinvests | 66% |