MXI icon

iShares Global Materials ETF

80.49 USD
-1.82
2.21%
Updated Apr 3, 1:48 PM EDT
1 day
-2.21%
5 days
-3.16%
1 month
-1.47%
3 months
3.83%
6 months
-11.70%
Year to date
3.78%
1 year
-10.46%
5 years
68.78%
10 years
39.40%
0
Funds holding %
of 7,398 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

89% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 9

7% more funds holding

Funds holding: 76 [Q3] → 81 (+5) [Q4]

0.05% more ownership

Funds ownership: 36.97% [Q3] → 37.02% (+0.05%) [Q4]

18% less capital invested

Capital invested by funds: $91.4M [Q3] → $75M (-$16.4M) [Q4]

20% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 25

50% less funds holding in top 10

Funds holding in top 10: 2 [Q3] → 1 (-1) [Q4]

Research analyst outlook

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

Financial journalist opinion

Negative
Seeking Alpha
2 months ago
MXI: Materials Dashboard For January
The materials sector is overvalued by about 10% relative to a historical baseline, but the construction materials industry is still attractive. MXI offers global exposure in the materials sector with a diversified portfolio but has underperformed XLB in historical performance and risk metrics. Four stocks cheaper than their peers in January.
MXI: Materials Dashboard For January
Positive
Seeking Alpha
4 months ago
MXI: Materials Dashboard For November
The materials sector as a whole is significantly overvalued, but the construction materials industry has good value and quality scores. Fast facts on MXI, a global alternative to XLB. Five stocks cheaper than their peers in November.
MXI: Materials Dashboard For November
Positive
Seeking Alpha
8 months ago
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
Positive
Seeking Alpha
11 months ago
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.
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