Key stats
About iShares Transition-Enabling Metals ETF
Home page
Inception date
Sep 28, 2023
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
Identifiers
3
ISIN US46431W5159
TMET invests in clean energy transition metals that support clean energy transition through exchange-traded futures contracts. The passively managed fund invests in metals futures contracts, such as copper, aluminum, silver, nickel, zinc, platinum, and cobalt that are used in clean energy technologies. A committee selects commodity futures using private and public data and reports relating to the use of such metals within the clean energy transition while considering availability, listing exchange, and liquidity. The commodity futures are reviewed at least annually and rebalanced quarterly, assigning weights based on liquidity and global production. The fund can manage up to 25% of its commodity exposure through a wholly owned Cayman Islands subsidiary that qualifies it as a regulated investment company as opposed to a commodities pool. Thus, the fund avoids Schedule K-1 payments and instead receives a Form 1099. The fund may invest in short-term fixed income securities as collateral.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Mutual fund
Cash
Government
Bonds, Cash & Other100.00%
Mutual fund55.02%
Cash19.79%
Government15.89%
Corporate9.29%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TMET last dividends amounted to 4.20 USD. The year before, the issuer paid 6.34 USD in dividends, which shows a 50.77% decrease.
TMET assets under management is 11.92 M USD. It's fallen 0.90% over the last month.
TMET fund flows account for 0.00 USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, TMET pays dividends to its holders with the dividend yield of 13.88%. The last dividend (Dec 19, 2025) amounted to 4.20 USD. The dividends are paid annually.
TMET shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Sep 28, 2023, and its management style is Passive.
TMET expense ratio is 0.48% meaning you'd have to pay 0.48% of your investment to help manage the fund.
TMET follows the ICE Clean Energy Transition Metals Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TMET invests in funds.
TMET price has fallen by −2.87% over the last month, and its yearly performance shows a 31.99% increase. See more dynamics on TMET price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.25% over the last month, showed a 26.27% increase in three-month performance and has increased by 52.04% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.25% over the last month, showed a 26.27% increase in three-month performance and has increased by 52.04% in a year.
TMET trades at a premium (0.52%) meaning the ETF is trading at a higher price than the calculated NAV.