Key stats
About iShares Global Materials ETF
Home page
Inception date
Sep 12, 2006
Structure
Open-Ended Fund
Replication method
Physical
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
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
Stocks99.34%
Process Industries48.99%
Non-Energy Minerals42.44%
Producer Manufacturing2.68%
Consumer Non-Durables2.32%
Distribution Services1.73%
Electronic Technology0.59%
Commercial Services0.58%
Bonds, Cash & Other0.66%
UNIT0.43%
Cash0.23%
Stock breakdown by region
North America41.72%
Europe39.80%
Oceania9.25%
Asia7.21%
Latin America2.02%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history