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Launched · SEC filings

iShares Global Materials ETF

MXINYSE ArcaB

$108.91+0.20 (+0.18%)

As of Oct 13, 2026, 3:59 PM

B54/ 100

Rank 5 of 14 in Materials (Broad)

B54/100Rank 5 of 14inMaterials (Broad)
Intraday session: up, 49 prints from 108.71 to 108.91. Range 108.43 to 109.56. Use the arrow keys to read each point.108.50109.25109.5010 AM12 PM2 PM4 PM
Expense ratio
0.37%
Fund size
$436M
1Y total return
+23.0%
Yield · Last 12 months
1.69%
Holdings
112
Avg volume · 30D
0M sh
NAV per share
$109.06
52W range
low $87.82high $118.51
Launched
Filings
SEC EDGAR

The ETF.net MXI Grade

Based on 5 of 6 pillars

B

Score 54 out of 100

Category
Materials (Broad)⁠
Rank
5 of 14
Six-pillar profile for MXI. Scores out of 100: Cost 50, Risk 57, Mission not scored, Tradability 38, Holdings 89, Durability 59. Strongest: Holdings (89). Weakest: Tradability (38). Based on 5 of 6 pillars.

Score 54 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25. The letter stays B for now. A new letter must hold for 3 published runs before it replaces it.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C50 out of 100
    Rank 7 of 14

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B57 out of 100
    Rank 4 of 14

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D38 out of 100
    Rank 9 of 14

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A89 out of 100
    Rank 1 of 14

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B59 out of 100
    Rank 6 of 14

Our read on MXI

ETF.net Research

BMost materials funds stop at the US border. MXI doesn't: it tracks a global materials index, putting overseas miners, chemical makers and packagers next to the American names, and has done so since 2006.

Stated mandate

The fund seeks to track an index made up of global equities from the materials sector.

Why people hold it

  1. 01Global by design. The fund tracks the S&P Global 1200 Materials Index, so companies listed outside the US carry real weight instead of appearing as an afterthought.ishares.com
  2. 02Running since 2006 under the iShares banner, with roughly 90 holdings spread across the sector rather than a top-heavy handful of megacaps.
  3. 03The 0.37% fee sits near the middle of the materials-fund pack, and here it buys worldwide coverage rather than a US-only slice of the sector.

Worth knowing

  1. 01The US-only options (XLB, VAW, FMAT) charge a fraction of this fee. The global mandate is what the extra cost is buying.
  2. 02Trading is thin next to the big US sector funds, so spreads can widen. That bites hardest on large or hurried orders.
  3. 03One sector, and a commodity-linked one: the whole portfolio rides global industrial demand with nothing else to cushion it.

MXI Holdings

As of Oct 12, 2026
Asset class
Stocks
Holdings
112
Top-10 weight
39%
Largest holding
LIN7.3%

Sectors

  • Materials95.0%
  • Consumer Discretionary3.7%
  • Industrials0.9%
  • Technology0.5%

Geography

  • United States27.10%
  • United Kingdom14.66%
  • Canada12.96%
  • Australia11.96%
  • Switzerland7.57%
  • Japan7.20%
  • France4.11%
  • Germany2.81%
  • Other countries (13)11.62%

Developed 91% · Emerging 9% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 8.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001LINLinde PLC7.30%65,754$32M338
002BHP.AXBhp Group Ltd7.08%724,812$31M152
003NEMNewmont4.07%150,299$18M434
004AI.PALair Liquide Societe Anonyme Pour3.97%91,028$17M126
005FCXFreeport Mcmoran Inc3.47%204,834$15M375
006RIO.LRio Tinto3.29%152,180$14M145
007AEM.TOAgnico Eagle Mines3.14%72,305$14M106
008SHWSherwin Williams2.39%32,549$10M319
009GLEN.LGlencore PLC2.38%1,339,449$10M130
0104063.TShin Etsu Chemical2.35%266,200$10M136
011ECLEcolab2.33%35,988$10M328
012ABX.TOBarrick Mining2.21%234,770$10M99
013AAL.LAnglo American PLC2.10%165,826$9M117
014WPM.TOWheaton Precious Metals2.06%64,782$9M93
015APDAir Products and Chemicals2.05%31,764$9M284

Showing 1–15 of 112 holdings

MXI Performance

Launched Sep 12, 2006

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

MXI$12,297
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. MXI $12,297. SPY $12,044. Use the arrow keys to read each point.$9,475$11,584$13,694Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for MXI. Periods over one year show the average yearly return.
PeriodMXI
Year to date+13.6%
1 month−3.0%
3 months+2.6%
1 year+23.0%
3 yearsper year+14.7%
5 yearsper year+8.0%
10 yearsper year+10.6%

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for MXI
YearReturn barMXI
2026 YTD+13.6%
2025+27.4%
2024−8.2%
2023+14.4%
2022−9.1%
2021+15.1%
2020+22.3%

MXI in the news

Filtered to MXI · Materials (Broad)

MXI Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 12, 2026.
1.69%Last 12 months
Payout per share
$1.83Last 12 months
Last payment
$1.13 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 20 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.76; Dec 21, 2017 $0.47; Jun 19, 2018 $0.86; Dec 18, 2018 $0.73; Jun 17, 2019 $1.68; Dec 16, 2019 $0.71; Dec 30, 2019 $0.06; Jun 15, 2020 $0.40; Dec 14, 2020 $0.59; Jun 10, 2021 $1.11; Dec 13, 2021 $2.07; Jun 9, 2022 $2.26; Dec 13, 2022 $1.54; Jun 7, 2023 $1.39; Dec 20, 2023 $1.16; Jun 11, 2024 $1.16; Dec 17, 2024 $1.36; Jun 16, 2025 $1.44; Dec 16, 2025 $0.71; Jun 15, 2026 $1.13. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 15, 2026Jun 18, 2026$1.13
Dec 16, 2025Dec 19, 2025$0.71
Jun 16, 2025Jun 20, 2025$1.44
Dec 17, 2024Dec 20, 2024$1.36
Jun 11, 2024Jun 17, 2024$1.16
Dec 20, 2023Dec 27, 2023$1.16
Jun 7, 2023Jun 13, 2023$1.39
Dec 13, 2022Dec 19, 2022$1.54
Jun 9, 2022Jun 15, 2022$2.26
Dec 13, 2021Dec 17, 2021$2.07
Jun 10, 2021Jun 16, 2021$1.11
Dec 14, 2020Dec 18, 2020$0.59

MXI Risk

How much the fund’s monthly returns vary, scaled to a year.
17.9%
Annualised · 36 months to Sep 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.56
vs 3-month T-bills · to Sep 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−28.7%
Trough Sep 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.90
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

MXI Cost

Expense ratio0.37%
  • The middle half of Materials (Broad) funds
  • Median 0.37%

6 of the 14 Materials (Broad) funds charge less.

MXI costs $37.00 a year on $10,000. The median Materials (Broad) fund costs $37.00.

Other funds in Materials (Broad)

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