iShares Global Materials ETF

Frequently Asked Questions About MXI

What does MXI invest in?

The Fund seeks to track the investment results of the S&P Global 1200 Materials (Sector) Capped Idx composed of global equities in the materials sector. The Fund generally invests at least 90% of its assets in securities of the Underlying Index and in depositary receipts representing securities of the Underlying Index.

What is the expense ratio of MXI?

iShares Global Materials ETF (MXI) charges an expense ratio of 0.39%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MXI?

iShares Global Materials ETF (MXI) manages $336.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is MXI actively managed or an index fund?

MXI is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (MXI's is 0.39%) because there's no security selection cost.

When was MXI launched?

iShares Global Materials ETF (MXI) launched in September 2006 and is managed by IShares.

How has MXI performed?

MXI's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.