Key stats
About iShares Global Materials ETF
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Inception date
Sep 12, 2006
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
MXI is a basic materials fund that captures the sector-by-sector space reasonably, and its chief departure from the benchmark is in its large-cap tilt and heavy exposure to some industry heavyweights. Like the space it's capturing, MXI is a bit top-heavy with big multinationals dominating its top holdings, so investors must be aware of the funds portfolio before investing. MXI only uses a sampling method, which means it will invest in a sample of securities that collectively have an investment profile similar to that of the underlying index. The index and fund are market-cap-weighted and are rebalanced quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Process Industries
Non-Energy Minerals
Stocks99.19%
Process Industries49.52%
Non-Energy Minerals41.82%
Producer Manufacturing2.58%
Consumer Non-Durables2.45%
Distribution Services1.65%
Commercial Services0.60%
Electronic Technology0.56%
Bonds, Cash & Other0.81%
UNIT0.44%
Cash0.29%
Miscellaneous0.08%
Stock breakdown by region
North America42.99%
Europe39.95%
Oceania8.87%
Asia6.29%
Latin America1.90%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MXI invests in stocks. The fund's major sectors are Process Industries, with 49.52% stocks, and Non-Energy Minerals, with 41.82% of the basket. The assets are mostly located in the North America region.
MXI top holdings are Linde plc and BHP Group Ltd, occupying 9.31% and 5.22% of the portfolio correspondingly.
MXI last dividends amounted to 1.25 USD. Six months before that, the issuer paid 0.19 USD in dividends, which shows a 84.84% increase.
MXI assets under management is 221.92 M USD. It's risen 0.79% over the last month.
MXI fund flows account for −25.46 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MXI pays dividends to its holders with the dividend yield of 2.83%. The last dividend (Jun 20, 2025) amounted to 1.44 USD. The dividends are paid semi-annually.
MXI shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Sep 12, 2006, and its management style is Passive.
MXI expense ratio is 0.42% meaning you'd have to pay 0.42% of your investment to help manage the fund.
MXI follows the S&P Global 1200 / Materials -SEC. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MXI invests in stocks.
MXI price has risen by 0.72% over the last month, and its yearly performance shows a −0.08% decrease. See more dynamics on MXI price chart.
NAV returns, another gauge of an ETF dynamics, showed a 5.73% increase in three-month performance and has increased by 3.55% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 5.73% increase in three-month performance and has increased by 3.55% in a year.
MXI trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.