iShares Global Materials ETF
MXI

$89.82

2.11%

Market Cap: $247M

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

9% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 23

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

3% less funds holding

Funds holding: 79 [Q1] → 77 (-2) [Q2]

9.54% less ownership

Funds ownership: 46.74% [Q1] → 37.2% (-9.54%) [Q2]

20% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 10

25% less capital invested

Capital invested by funds: $122M [Q1] → $91.8M (-$29.8M) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for MXI.

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Financial journalist opinion

MXI: Looks Good On Paper, But Prospects Are Immaterial

iShares Global Materials ETF has lagged behind S&P 500 and top peers in performance. MXI offers global exposure to industrial and natural resources sectors. MXI has decent dividend yield, but lacks significant attraction points for investment.

MXI: Looks Good On Paper, But Prospects Are Immaterial

MXI: Global Exposure To Materials As Commodities Turn

Commodities show signs of momentum as inflation picks up, making the Materials sector a good investment opportunity. The iShares Global Materials ETF offers access to a diversified portfolio of companies in the materials sector. The MXI ETF provides global exposure, potential growth, but also comes with sector-specific risk, geopolitical risk, and market volatility.

MXI: Global Exposure To Materials As Commodities Turn

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