MXI - ETF AI Analysis
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iShares Global Materials ETF (MXI)
Rating:66Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown solid gains over the past month, three months, and year to date, indicating positive recent momentum.
Leading Materials Companies
Many of the top holdings, including major mining and materials names, have delivered strong year-to-date results that support the fund’s overall performance.
Global Materials Exposure
The fund holds materials companies from several major markets such as the U.S., UK, Japan, and others, giving investors broad international exposure within the sector.
Negative Factors
Sector Concentration Risk
With the vast majority of assets in the materials sector, the ETF is highly sensitive to swings in commodity prices and global economic cycles.
Moderate Fee Level
The expense ratio is not especially low for a passive ETF, meaning costs may weigh slightly more on long-term returns compared with cheaper alternatives.
Mixed Performance Among Top Holdings
A few significant positions have shown weak or negative year-to-date performance, which can offset gains from stronger holdings and add volatility.
MXI vs. SPDR S&P 500 ETF (SPY)
AUM322.29M
RegionGlobal
Expense Ratio0.39%
Beta0.85
IssueriShares
Inception DateSep 12, 2006
Dividend Yield1.92%
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. Volume61,828
30 Day Avg. Volume43,724
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
122.06Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering86
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 Index, focusing on companies that mine, process, and produce raw materials like metals, chemicals, and building products. It holds well-known names such as BHP Group and Sherwin-Williams, and invests in firms from the U.S., U.K., Japan, and other major markets. Someone might consider MXI to add global diversification and gain from long-term demand for infrastructure, construction, and industrial growth. A key risk is that materials stocks can be very sensitive to the global economy and commodity prices, so the ETF 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 very much a materials story, with global giants like Linde and Air Liquide setting the tone: both have been generally rising over the past few months, giving the fund a steady lift despite some recent wobbling. The real bright spot lately is Japan’s Shin-Etsu Chemical, which has been climbing strongly and quietly pulling its weight. On the flip side, gold names like Newmont and paint maker Sherwin-Williams have been lagging, acting as a bit of a brake. With holdings spread across the U.S., Europe, Japan, and Australia, this is a globally diversified bet on the materials cycle.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Linde | 7.56% | $25.17M | $231.92B | 15.88% | 66 Neutral | |
| BHP Group Ltd | 6.23% | $20.74M | AU$277.05B | 86.28% | 68 Neutral | |
| Newmont Mining | 4.17% | $13.89M | $128.53B | 131.94% | 81 Outperform | |
| Air Liquide | 4.02% | $13.38M | €106.04B | 14.14% | 66 Neutral | |
| Agnico Eagle | 3.49% | $11.61M | $107.68B | 103.77% | 80 Outperform | |
| Rio Tinto | 3.39% | $11.27M | £125.86B | 78.09% | 82 Outperform | |
| Freeport-McMoRan | 3.03% | $10.08M | $93.56B | 107.66% | 67 Neutral | |
| Shin-Etsu Chemical Co | 2.67% | $8.90M | ¥12.77T | 50.86% | 69 Neutral | |
| Sherwin-Williams Company | 2.50% | $8.34M | $83.17B | 1.74% | 66 Neutral | |
| CRH plc | 2.47% | $8.22M | £56.78B | 29.91% | 76 Outperform |
MXI Technical Analysis
Positive
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Price Trends
108.39
Positive
102.54
Positive
95.55
Positive
Market Momentum
0.17
Negative
63.18
Neutral
90.21
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MXI, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 104.41, equal to the 50-day MA of 108.39, and equal to the 200-day MA of 95.55, indicating a bullish trend. The MACD of 0.17 indicates Negative momentum. The RSI at 63.18 is Neutral, neither overbought nor oversold. The STOCH value of 90.21 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MXI.
MXI Peer Comparison
Comparison Results
Performance Comparison
MXI
iShares Global Materials ETF
111.42
37.24
50.20%
SGDM
Sprott Gold Miners ETF
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―
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ICOP
iShares Copper and Metals Mining 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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