MXI
iShares Global Materials ETF
📎 Investment Objective
The iShares Global Materials ETF (MXI) seeks to track the investment results of an index composed of global companies in the materials sector.
Overview
ETF tracking iShares Global Materials ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares Global Materials ETF (MXI) seeks to track the investment results of an index composed of global companies in the materials sector.
🎯 Investment Strategy
The ETF invests in a representative sample of securities included in the MSCI ACWI Materials Index, which measures the performance of the materials sector across both developed and emerging markets. The fund aims to provide exposure to companies involved in the production of raw materials such as chemicals, metals, and mining.
✨ Key Features
- Provides broad exposure to the global materials sector
- Diversified portfolio of companies across developed and emerging markets
- Low expense ratio of 0.00%
- Tracks the MSCI ACWI Materials Index
⚠️ Primary Risks
- Exposure to the cyclical and volatile materials sector
- Risks associated with investing in international and emerging market securities
- Concentration in a specific sector, which can increase volatility
- Tracking error risk in replicating the index performance
👤 Best For
The iShares Global Materials ETF may be suitable for investors seeking broad exposure to the global materials sector as part of a diversified portfolio. It may be of interest to investors with a long-term investment horizon who can tolerate the higher volatility associated with the materials industry.
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