iShares Transition-Enabling Metals ETF

The iShares Transition-Enabling Metals ETF is a commodity-focused exchange-traded fund that primarily invests in metals considered essential for advancing clean energy technologies. Its portfolio centers on futures contracts for industrial and precious metals such as copper, aluminum, nickel, zinc, platinum, silver, and cobalt. These metals are critical inputs in applications like renewable energy infrastructure, electric vehicles, battery storage, and grid expansion, placing the fund at the intersection of the energy transition and industrial supply chains. Managed with a passive strategy, the ETF seeks to mirror the performance of the ICE Clean Energy Transition Metals Index by holding metals futures in proportions determined by the index's methodology. The fund's holdings are diversified across multiple metals, reflecting their respective significance and availability for the global shift toward lower-carbon energy systems. In addition to metals exposure, the portfolio includes cash and short-term U.S. treasury securities, which help manage liquidity and margin requirements for futures positions. Serving institutional and individual investors, the iShares Transition-Enabling Metals ETF offers targeted access to a basket of transition-critical metals, allowing market participants to engage with the evolving demand for resources key to decarbonization and sustainable energy development.