These ETFs look beyond COVID-19

Article Excerpt

The COVID-19 pandemic has significantly impacted the global economy. Some businesses—like online retailers and video conferencing providers— have thrived. Many others have suffered, with their demand disappearing overnight. However, as businesses and consumers continue to adjust—and vaccines are distributed—these funds aim to strongly benefit from that recovery. (See the supplement on page 9 for more on this). ISHARES MSCI GLOBAL METALS & MINING PRODUCERS ETF $34.24 (CBOE symbol PICK; TSINetwork ETF Rating: Aggressive; Market cap: $281.3 million) provides investors with exposure to companies involved in the exploration, production, refining, and marketing of a diversified group of metals. The ETF’s main country exposures are to the U.K. (21%), Australia (21%), the U.S. (14%), Brazil (7.7%), Japan (5.4%), Canada (3.8%), and Russia (3.6%). Its industry exposures are metals and miners (51%), steel (33%), copper (9.3%), and aluminum (3.8%). The fund currently offers a portfolio of 195 stocks, with the top 10 making up a high 52% of assets; these holdings include BHP Group (Australia, 16.0%), Rio Tinto (U.K.,…