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PICK vs. XME
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PICK and XME is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.8

Performance

PICK vs. XME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Global Select Metals & Mining Producers ETF (PICK) and SPDR S&P Metals & Mining ETF (XME). The values are adjusted to include any dividend payments, if applicable.

20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
16.70%
23.44%
PICK
XME

Key characteristics

Sharpe Ratio

PICK:

-0.58

XME:

-0.11

Sortino Ratio

PICK:

-0.68

XME:

0.02

Omega Ratio

PICK:

0.92

XME:

1.00

Calmar Ratio

PICK:

-0.53

XME:

-0.10

Martin Ratio

PICK:

-1.23

XME:

-0.40

Ulcer Index

PICK:

10.41%

XME:

7.04%

Daily Std Dev

PICK:

22.15%

XME:

25.48%

Max Drawdown

PICK:

-68.87%

XME:

-85.94%

Current Drawdown

PICK:

-23.30%

XME:

-24.44%

Returns By Period

In the year-to-date period, PICK achieves a -15.65% return, which is significantly lower than XME's -4.54% return. Over the past 10 years, PICK has underperformed XME with an annualized return of 6.09%, while XME has yielded a comparatively higher 8.04% annualized return.


PICK

YTD

-15.65%

1M

-8.64%

6M

-12.00%

1Y

-14.84%

5Y*

8.27%

10Y*

6.09%

XME

YTD

-4.54%

1M

-17.03%

6M

-3.47%

1Y

-6.01%

5Y*

15.86%

10Y*

8.04%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PICK vs. XME - Expense Ratio Comparison

PICK has a 0.39% expense ratio, which is higher than XME's 0.35% expense ratio.


PICK
iShares MSCI Global Select Metals & Mining Producers ETF
Expense ratio chart for PICK: current value at 0.39% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.39%
Expense ratio chart for XME: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

PICK vs. XME - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Global Select Metals & Mining Producers ETF (PICK) and SPDR S&P Metals & Mining ETF (XME). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for PICK, currently valued at -0.58, compared to the broader market0.002.004.00-0.58-0.11
The chart of Sortino ratio for PICK, currently valued at -0.68, compared to the broader market-2.000.002.004.006.008.0010.00-0.680.02
The chart of Omega ratio for PICK, currently valued at 0.92, compared to the broader market0.501.001.502.002.503.000.921.00
The chart of Calmar ratio for PICK, currently valued at -0.53, compared to the broader market0.005.0010.0015.00-0.53-0.15
The chart of Martin ratio for PICK, currently valued at -1.23, compared to the broader market0.0020.0040.0060.0080.00100.00-1.23-0.40
PICK
XME

The current PICK Sharpe Ratio is -0.58, which is lower than the XME Sharpe Ratio of -0.11. The chart below compares the historical Sharpe Ratios of PICK and XME, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
-0.58
-0.11
PICK
XME

Dividends

PICK vs. XME - Dividend Comparison

PICK's dividend yield for the trailing twelve months is around 3.23%, more than XME's 0.54% yield.


TTM20232022202120202019201820172016201520142013
PICK
iShares MSCI Global Select Metals & Mining Producers ETF
3.23%4.19%6.93%5.89%2.27%5.51%4.77%2.41%1.15%15.77%2.88%3.39%
XME
SPDR S&P Metals & Mining ETF
0.54%1.00%1.64%0.70%0.99%2.43%2.23%1.15%1.02%2.61%2.21%1.32%

Drawdowns

PICK vs. XME - Drawdown Comparison

The maximum PICK drawdown since its inception was -68.87%, smaller than the maximum XME drawdown of -85.94%. Use the drawdown chart below to compare losses from any high point for PICK and XME. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-23.30%
-18.70%
PICK
XME

Volatility

PICK vs. XME - Volatility Comparison

iShares MSCI Global Select Metals & Mining Producers ETF (PICK) and SPDR S&P Metals & Mining ETF (XME) have volatilities of 6.34% and 6.28%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


4.00%5.00%6.00%7.00%8.00%9.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
6.34%
6.28%
PICK
XME
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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