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ETFs

iShares Global Materials ETF

MXI
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Sep 12, 2006
Expense Ratio
0.41%
Type
Global Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$885,838
AUM
$260,591,651
Associated Index
S&P Global 1200 Materials Sector Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

LIN
Linde Plc.
7.89%
BHP
BHP Group Limited
6.28%
AI
Air Liquide S.A
3.89%
RIO
Rio Tinto plc - Registered Shares
3.08%
APD
Air Products & Chemicals Inc.
2.76%
GLEN
Glencore plc
2.72%
4063
Shin-Etsu Chemical Co. Ltd.
2.69%
SHW
Sherwin-Williams Co.
2.61%
FCX
Freeport-McMoRan Inc
2.31%
VALE
Vale S.A. - ADR
2.17%
Invest with MXI
Trade MXI Options

What is MXI?

The iShares S&P Global Materials Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the S&P Global Materials Index.

1M
3M
6M
YTD
1Y
3Y
Max
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MXI
Performance Measures**

for the time period Sep 21, 2006 to Jan 16, 2026

Returns

1M Trailing Return: 9.2%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 12.4%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -68.4%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 25.7%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.37

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.09

The annualized return divided by the max drawdown for the selected time period.

ETFs related toMXI

ETFs correlated to MXI include DFAX, PICK, IYM

MXI
BlackRock Institutional Trust Company N.A. - iShares Global Materials ETF
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF
PICK
BlackRock Institutional Trust Company N.A. - iShares MSCI Global Metals & Mining Producers ETF
IYM
BlackRock Institutional Trust Company N.A. - iShares U.S. Basic Materials ETF
AVIV
American Century ETF Trust - Avantis International Large Cap Value ETF
DIHP
Dimensional ETF Trust - Dimensional International High Profitability ETF
DFIC
Dimensional ETF Trust - Dimensional International Core Equity 2 ETF
GCOW
Pacer Funds Trust - Pacer Global Cash Cows Dividend ETF
ICOW
Pacer Funds Trust - Pacer Developed Markets International Cash Cows 100 ETF
VEU
Vanguard Group, Inc. - Vanguard FTSE All-World ex-US ETF
VXUS
Vanguard Group, Inc. - Vanguard Total International Stock ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toMXI

Simon | KMLM switcher | Simon Shorts Ed. + MbM | (single pops)| BT 4/13/22

Category

Trend-following, RSI momentum, volatility hedging, leveraged ETFs, inverse ETFs, managed futures (KMLM), bonds/cash, tech/semis/small-cap/biotech, risk-on/off

OOS Cumulative Return

74.44%

Quarterly Rotator

Category

Multi-strategy, quarterly rotation, risk-on/risk-off, sector mean reversion, trend/momentum, leveraged ETFs, global sectors, managed futures, gold/commodities

OOS Cumulative Return

57.33%

Create your own algorithmic trading strategy with MXI using Composer

FAQ

MXI is a Global Equities ETF. The iShares S&P Global Materials Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the S&P Global Materials Index.

MXI tracks the S&P Global 1200 Materials Sector Index.

No, MXI is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, MXI is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on MXI is -0.0063%. This is the percent change in the value of MXI over the most recent 1-month period. The 3-month return on MXI is -0.0192%. This is the percent change in the value of MXI over the most recent 3-month period.

The standard deviation of MXI for the past year is 0.2159%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to MXI include IXJ, SMH, and URA.

ETFs correlated to MXI include DFAX, PICK, and IYM.

ETFs that are inversely correlated to MXI include EFZ, EPV, and EDZ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.