MXI - ETF AI Analysis
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iShares Global Materials ETF (MXI)
Rating:66Neutral
Price Target:―
Positive Factors
Strong Year-To-Date Performance
The ETF has delivered solid gains so far this year, showing that its holdings have generally performed well over this period.
Leading Materials Companies in Top Holdings
Several of the largest positions, such as global chemical and mining leaders, have shown strong recent performance, helping support the fund’s returns.
Global Diversification Within Materials
Exposure to companies across multiple countries, including the U.S., Australia, the UK, Japan, and Europe, helps reduce the impact of problems in any single market.
Negative Factors
Sector Concentration in Materials
Most of the fund is invested in the materials sector, which means performance is heavily tied to commodity prices and economic cycles.
Mixed Performance Among Top Holdings
Some key positions have shown weak or negative recent performance, which can drag on overall returns even when other holdings are doing well.
Moderate Expense Ratio
The fund’s fees are not especially low, so costs may weigh slightly on long-term returns compared with the cheapest ETFs.
MXI vs. SPDR S&P 500 ETF (SPY)
AUM443.84M
RegionGlobal
Expense Ratio0.37%
Beta0.87
IssueriShares
Inception DateSep 12, 2006
Dividend Yield1.67%
Asset ClassEquity
Index TrackedS&P Global 1200 Materials Sector Capped Index - USD - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume53,153
30 Day Avg. Volume32,929
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
128.03Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering89
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MXI Summary
The iShares Global Materials ETF (MXI) tracks the S&P Global 1200 Materials Sector Capped Index, giving you exposure to major materials companies around the world. It holds firms involved in metals, chemicals, and other raw materials that support construction, manufacturing, and everyday products. Well-known holdings include Linde and BHP Group. An investor might choose this ETF to diversify into the materials sector and potentially benefit from global infrastructure growth and industrial demand. A key risk is that materials stocks can be very sensitive to the global economy and commodity prices, so the ETF’s value can rise and fall sharply.
How much will it cost me?The iShares Global Materials ETF (MXI) has an expense ratio of 0.39%, which means you’ll pay $3.90 per year for every $1,000 invested. This is slightly higher than average for ETFs because it is focused on a specific sector and offers global exposure, which typically requires more active management. Overall, it’s a reasonable cost for the targeted diversification it provides.
What would affect this ETF?The iShares Global Materials ETF (MXI) could benefit from increased global infrastructure development and the growing demand for sustainable materials, which align with the fund's focus on companies like Linde and BHP Group. However, it may face challenges from fluctuating commodity prices, regulatory changes in mining and chemicals, and economic slowdowns that impact industrial activity. Its global exposure helps mitigate risks tied to specific regions but also makes it sensitive to worldwide economic conditions.
MXI Top 10 Holdings
MXI is essentially a global bet on big miners and specialty materials, with names like BHP, Freeport-McMoRan, and Glencore doing most of the heavy lifting as they ride stronger metals and commodity sentiment. Gold producers Newmont, Agnico Eagle, and Barrick are also rising, giving the fund a solid precious-metals backbone. On the softer side, industrial gas giants Linde and Air Liquide have been lagging lately, acting as a mild brake rather than a full-on drag. Overall, it’s a globally diversified, materials-heavy portfolio with performance driven largely by resource-rich U.S., U.K., and Australian champions.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| BHP Group Ltd | 6.99% | $30.98M | AU$306.03B | 63.91% | 68 Neutral | |
| Linde | 6.74% | $29.88M | $213.01B | -3.68% | 66 Neutral | |
| Newmont Mining | 4.23% | $18.73M | $128.30B | 58.82% | 81 Outperform | |
| Air Liquide | 3.83% | $17.00M | €106.00B | 4.09% | 66 Neutral | |
| Rio Tinto | 3.32% | $14.70M | £123.12B | 60.26% | 82 Outperform | |
| Agnico Eagle | 3.26% | $14.45M | $99.58B | 30.44% | 80 Outperform | |
| Freeport-McMoRan | 3.24% | $14.37M | $99.43B | 57.69% | 67 Neutral | |
| Shin-Etsu Chemical Co | 2.35% | $10.41M | ¥11.49T | 19.93% | 69 Neutral | |
| Sherwin-Williams Company | 2.34% | $10.37M | $78.04B | -8.19% | 66 Neutral | |
| Glencore | 2.34% | $10.37M | £66.99B | 88.78% | 68 Neutral |
MXI Technical Analysis
Negative
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Price Trends
110.67
Negative
109.88
Negative
107.08
Positive
Market Momentum
-0.47
Positive
41.26
Neutral
19.27
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MXI, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 114.14, equal to the 50-day MA of 110.67, and equal to the 200-day MA of 107.08, indicating a neutral trend. The MACD of -0.47 indicates Positive momentum. The RSI at 41.26 is Neutral, neither overbought nor oversold. The STOCH value of 19.27 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MXI.
MXI Peer Comparison
Comparison Results
Performance Comparison
MXI
iShares Global Materials ETF
109.82
19.90
22.13%
SLVP
iShares MSCI Global Silver Miners ETF
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SGDM
Sprott Gold Miners ETF
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COPP
Sprott Copper Miners ETF
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GOAU
U.S. Global GO GOLD and Precious Metal Miners ETF
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GBUG
Sprott Active Gold & Silver Miners ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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