MXI - ETF AI Analysis

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iShares Global Materials ETF (MXI)

Rating:67Neutral

Price Target:―

MXI, the iShares Global Materials ETF, has a solid overall rating driven mainly by strong, well-established materials companies like Newmont, Rio Tinto, Agnico Eagle, and Barrick, which show robust financial performance, positive earnings, and generally supportive technical trends. However, some key holdings such as Linde, Air Liquide, Sherwin-Williams, and Freeport-McMoRan face bearish technical signals, valuation concerns, or operational risks, which hold the fund back from a higher rating. The main risk factor is its concentration in the global materials sector, meaning performance is closely tied to commodity cycles and sector-specific challenges.

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)

AUM339.10M

RegionGlobal

Expense Ratio0.39%

Beta0.79

IssueriShares

Inception DateSep 12, 2006

Dividend Yield1.9%

Asset ClassEquity

Index TrackedS&P Global 1200 / Materials -SEC

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume26,775

30 Day Avg. Volume23,854

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

118.61

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering84

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 performance lately powered by gold and mining names. Newmont, Agnico Eagle, Barrick, and Freeport-McMoRan have been rising, giving the fund a strong tailwind from precious metals and copper. Heavyweights like BHP and Rio Tinto are also pulling their weight, adding steady support from diversified mining. On the flip side, industrial gas giant Air Liquide and building-materials player CRH have been lagging, slightly dulling the shine. Overall, it’s a globally diversified bet on the materials cycle, but with clear concentration in miners.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
LIN	Linde	7.20%	$24.67M	$224.60B	5.25%	66 Neutral
BHP	BHP Group Ltd	5.91%	$20.22M	AU$259.65B	43.66%	68 Neutral
NEM	Newmont Mining	4.40%	$15.08M	$137.28B	170.30%	81 Outperform
AI	Air Liquide	3.73%	$12.77M	€97.94B	-2.44%	66 Neutral
AEM	Agnico Eagle	3.49%	$11.97M	$108.59B	125.97%	80 Outperform
RIO	Rio Tinto	3.35%	$11.47M	£122.85B	41.34%	82 Outperform
FCX	Freeport-McMoRan	2.89%	$9.91M	$90.23B	59.21%	67 Neutral
SHW	Sherwin-Williams Company	2.73%	$9.34M	$91.45B	3.37%	66 Neutral
CRH	CRH plc	2.71%	$9.27M	£61.92B	6.80%	76 Outperform
B	Barrick Mining	2.60%	$8.89M	$80.22B	167.06%	80 Outperform

MXI Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

102.00

Positive

100DMA

96.37

Positive

200DMA

91.01

Positive

Market Momentum

MACD

2.94

Negative

RSI

64.41

Neutral

STOCH

82.73

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 108.68, equal to the 50-day MA of 102.00, and equal to the 200-day MA of 91.01, indicating a bullish trend. The MACD of 2.94 indicates Negative momentum. The RSI at 64.41 is Neutral, neither overbought nor oversold. The STOCH value of 82.73 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

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
MXI	―	―	$339.10M	0.39%	―
SGDM	―	―	$763.33M	0.50%	―
SGDJ	―	―	$393.30M	0.50%	―
COPP	―	―	$285.86M	0.65%	―
GOAU	―	―	$211.73M	0.60%	―
SLX	―	―	$204.92M	0.56%	―

Performance Comparison

MXI

iShares Global Materials ETF

112.77

30.16

36.51%

SGDM

Sprott Gold Miners ETF

―

SGDJ

Sprott Junior Gold Miners ETF

―

COPP

Sprott Copper Miners ETF

―

GOAU

U.S. Global GO GOLD and Precious Metal Miners ETF

―

SLX

VanEck Steel ETF

―

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.

Disclaimer

This 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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