Key stats
About iShares Global Materials ETF
Home page
Inception date
Sep 12, 2006
Structure
Open-Ended Fund
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
Stocks99.42%
Process Industries48.60%
Non-Energy Minerals42.86%
Producer Manufacturing2.81%
Consumer Non-Durables2.50%
Distribution Services1.55%
Commercial Services0.56%
Electronic Technology0.54%
Bonds, Cash & Other0.58%
UNIT0.41%
Cash0.17%
Stock breakdown by region
North America41.28%
Europe40.86%
Oceania8.93%
Asia6.96%
Latin America1.96%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history