# iShares Essential Metals Producers UCITS ETF AccumUSD (METG)

**Page:** https://fundology.uk/fund/metg · ISIN IE000ROSD5J6

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, METG (iShares Essential Metals Producers UCITS ETF AccumUSD, ISIN IE000ROSD5J6) closed at £6.40 on the London Stock Exchange. Its ongoing charge is 0.55% a year (about £55 on £10,000). Over the three years to 13/11/2026 its total return was +77.5%, or +60.4% after UK CPIH inflation.

## Summary

iShares Essential Metals Producers UCITS ETF AccumUSD is an exchange-traded fund (ETF) from iShares, launched in 2023. It tracks the S&P Global Essential Metals Producers Index - Benchmark TR Net. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.55% a year — about £55 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Latest close: **£6.40** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | METG |
| ISIN | IE000ROSD5J6 |
| Also listed as | CEBT (Xetra, euros) |
| Category | Single sectors |
| Type | ETF |
| Provider | iShares |
| Tracks | S&P Global Essential Metals Producers Index - Benchmark TR Net |
| Income | Accumulating |
| Ongoing charge | 0.55% a year (£55 per £10,000) |
| Fund size | £556m |
| Launched | 2023 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 18/10/2023 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +14.20% | +10.16% | income reinvested |
| 3 years | +77.49% | +60.35% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares Essential Metals Producers UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund): 2025 +79.5%; 2026 to 13/11/2026 −5.9%. Returns of iShares Essential Metals Producers UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +33.2%; to 30/09/2025: +29.2%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2025 | +79.5% | +73.4% | Price |
| 2026 to 13/11/2026 | -5.9% | -8.9% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 37.69% | -27.74% |

## Largest fall

Volatility of iShares Essential Metals Producers UCITS ETF AccumUSD in pounds, annualised from weekly returns to 13/11/2026: 37.7% over 1 year. Largest fall in the price of iShares Essential Metals Producers UCITS ETF AccumUSD since January 2024, in pounds: −35.6% from 17/05/2024 to 04/04/2025. The lowest 12-month return of iShares Essential Metals Producers UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund) since January 2024 was −28.8% (12 months to 11/04/2025); the highest was +147.9% (12 months to 17/04/2026). On 13/11/2026 the price of iShares Essential Metals Producers UCITS ETF AccumUSD was 27.6% below its highest weekly close since January 2024 (27/02/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares Essential Metals Producers UCITS ETF AccumUSD 0.55% a year. Compared on 14/11/2026, 33 of the 164 other single-sector funds charge more, 7 the same and 124 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.55%** per year
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 06/11/2026, METG holds 124 positions, according to its published holdings. The largest is Grupo Mexico S.A.B. de C.V at 7.92% of the fund; the ten largest make up 47.2%.

### Top holdings

Largest positions (as of 06/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Grupo Mexico S.A.B. de C.V | [GMEXICO/B](https://fundology.uk/stock/GMEXICO%2FB) | 7.92% |
| 2 | Freeport-McMoRan | [FCX](https://fundology.uk/stock/FCX) | 6.51% |
| 3 | Teck Resources | [TECK.A](https://fundology.uk/stock/TECK.A) | 6.01% |
| 4 | Anglo American | [AAL](https://fundology.uk/stock/AAL) | 4.59% |
| 5 | BHP Group | [BHP](https://fundology.uk/stock/BHP) | 4.18% |
| 6 | Valterra Platinum | [VAL](https://fundology.uk/stock/JSE:VAL) | 4.09% |
| 7 | Rio Tinto | [RIO](https://fundology.uk/stock/RIO) | 4.06% |
| 8 | First Quantum Minerals | [FM](https://fundology.uk/stock/FM) | 3.48% |
| 9 | Antofagasta | [ANTO](https://fundology.uk/stock/ANTO) | 3.18% |
| 10 | Southern Copper | [SCCO](https://fundology.uk/stock/SCCO) | 3.16% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By sector

As published for the fund, as of 06/11/2026.

| Sector | Weight |
|---|---|
| Materials | 99.0% |
| Industrials | 0.4% |
| Cash and derivatives | 0.3% |
| Information Technology | 0.1% |
| Energy | 0.1% |
| Consumer Discretionary | 0.1% |

### By country

As published for the fund, as of 06/11/2026.

| Country | Weight |
|---|---|
| Canada | 19.7% |
| Australia | 14.7% |
| United States | 13.1% |
| United Kingdom | 12.8% |
| Mexico | 8.8% |
| South Africa | 8.1% |
| China | 7.6% |
| Peru | 3.9% |
| Other countries | 11.4% |

### By type of asset

Added up from the fund’s published holdings, as of 06/11/2026.

| Type of asset | Weight |
|---|---|
| Equity | 98.9% |
| Cash and money market | 1.1% |

All 125 holdings: https://fundology.uk/fund/metg/holdings

## Questions people ask

**What is the ongoing charge of METG?**

The ongoing charge of METG is 0.55% a year — about £55 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of iShares Essential Metals Producers UCITS ETF AccumUSD 0.55% a year. Compared on 14/11/2026, 33 of the 164 other single-sector funds charge more, 7 the same and 124 less (share classes counted once).

**What does METG track?**

METG tracks the S&P Global Essential Metals Producers Index - Benchmark TR Net.

**Is METG accumulating or distributing?**

METG is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of METG?**

The ISIN of METG is IE000ROSD5J6. An ISIN identifies one exact share class of a fund; METG is its ticker on the London Stock Exchange. The same share class is also listed as CEBT (Xetra, euros).

**What does METG hold?**

As of 06/11/2026, METG holds 124 positions, according to its published holdings. The largest is Grupo Mexico S.A.B. de C.V at 7.92% of the fund; the ten largest make up 47.2%. Its ten largest holdings are Grupo Mexico S.A.B. de C.V (7.92%), Freeport-McMoRan (6.51%), Teck Resources (6.01%), Anglo American (4.59%), BHP Group (4.18%), Valterra Platinum (4.09%), Rio Tinto (4.06%), First Quantum Minerals (3.48%), Antofagasta (3.18%) and Southern Copper (3.16%).

**What were METG’s returns in each of the last five years?**

Calendar-year returns of METG in pounds (price, with income reinvested in the fund): 2025 +79.5%; 2026 to 13/11/2026 −5.9%. Past performance is not a guide to future returns.

**How has METG done after inflation?**

Over the three years to 13/11/2026 METG’s total return was +77.5%, or +60.4% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at iShares](https://www.ishares.com/uk/individual/en/products/332982/ishares-essential-metals-producers-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-essential-metals-producers-ucits-etf-usd-acc-gb-ie000rosd5j6-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/metl-ishares-essential-metals-producers-ucits-etf-fund-fact-sheet-en-gb.pdf)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.