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iShares Global Materials ETF (MXI)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS4642886950
CUSIP464288695
IssueriShares
Inception DateSep 21, 2006
RegionDeveloped Markets (Broad)
CategoryMaterials
Index TrackedS&P Global Materials Index
Home Pagewww.ishares.com
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

The iShares Global Materials ETF has a high expense ratio of 0.46%, indicating higher-than-average management fees.


0.50%1.00%1.50%2.00%0.46%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


iShares Global Materials ETF

Popular comparisons: MXI vs. IYM, MXI vs. XLB, MXI vs. SPY, MXI vs. XME

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in iShares Global Materials ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%20.00%NovemberDecember2024FebruaryMarchApril
10.98%
15.51%
MXI (iShares Global Materials ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

iShares Global Materials ETF had a return of -1.09% year-to-date (YTD) and 4.68% in the last 12 months. Over the past 10 years, iShares Global Materials ETF had an annualized return of 6.07%, while the S&P 500 had an annualized return of 10.50%, indicating that iShares Global Materials ETF did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date-1.09%5.90%
1 month-1.02%-1.28%
6 months10.98%15.51%
1 year4.68%21.68%
5 years (annualized)8.73%11.74%
10 years (annualized)6.07%10.50%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2024-5.56%2.32%6.06%
2023-3.98%-3.17%9.03%6.71%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of MXI is 32, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.

The Risk-Adjusted Performance Rank of MXI is 3232
iShares Global Materials ETF(MXI)
The Sharpe Ratio Rank of MXI is 3131Sharpe Ratio Rank
The Sortino Ratio Rank of MXI is 3030Sortino Ratio Rank
The Omega Ratio Rank of MXI is 3030Omega Ratio Rank
The Calmar Ratio Rank of MXI is 3838Calmar Ratio Rank
The Martin Ratio Rank of MXI is 3030Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for iShares Global Materials ETF (MXI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


MXI
Sharpe ratio
The chart of Sharpe ratio for MXI, currently valued at 0.31, compared to the broader market0.002.004.000.31
Sortino ratio
The chart of Sortino ratio for MXI, currently valued at 0.55, compared to the broader market-2.000.002.004.006.008.0010.000.55
Omega ratio
The chart of Omega ratio for MXI, currently valued at 1.06, compared to the broader market1.001.502.002.501.06
Calmar ratio
The chart of Calmar ratio for MXI, currently valued at 0.30, compared to the broader market0.002.004.006.008.0010.0012.000.30
Martin ratio
The chart of Martin ratio for MXI, currently valued at 0.84, compared to the broader market0.0020.0040.0060.0080.000.84
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.89, compared to the broader market0.002.004.001.89
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.74, compared to the broader market-2.000.002.004.006.008.0010.002.74
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.33, compared to the broader market1.001.502.002.501.33
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.43, compared to the broader market0.002.004.006.008.0010.0012.001.43
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.62, compared to the broader market0.0020.0040.0060.0080.007.62

Sharpe Ratio

The current iShares Global Materials ETF Sharpe ratio is 0.31. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00NovemberDecember2024FebruaryMarchApril
0.31
1.89
MXI (iShares Global Materials ETF)
Benchmark (^GSPC)

Dividends

Dividend History

iShares Global Materials ETF granted a 2.95% dividend yield in the last twelve months. The annual payout for that period amounted to $2.55 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$2.55$2.55$3.80$3.17$0.99$2.45$1.58$1.23$0.72$1.64$1.30$1.33

Dividend yield

2.95%2.92%4.84%3.51%1.21%3.64%2.76%1.75%1.31%3.64%2.32%2.13%

Monthly Dividends

The table displays the monthly dividend distributions for iShares Global Materials ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$1.39$0.00$0.00$0.00$0.00$0.00$1.16
2022$0.00$0.00$0.00$0.00$0.00$2.26$0.00$0.00$0.00$0.00$0.00$1.54
2021$0.00$0.00$0.00$0.00$0.00$1.11$0.00$0.00$0.00$0.00$0.00$2.07
2020$0.00$0.00$0.00$0.00$0.00$0.40$0.00$0.00$0.00$0.00$0.00$0.59
2019$0.00$0.00$0.00$0.00$0.00$1.68$0.00$0.00$0.00$0.00$0.00$0.78
2018$0.00$0.00$0.00$0.00$0.00$0.86$0.00$0.00$0.00$0.00$0.00$0.73
2017$0.00$0.00$0.00$0.00$0.00$0.76$0.00$0.00$0.00$0.00$0.00$0.47
2016$0.00$0.00$0.00$0.00$0.00$0.47$0.00$0.00$0.00$0.00$0.00$0.26
2015$0.00$0.00$0.00$0.00$0.00$1.01$0.00$0.00$0.00$0.00$0.00$0.63
2014$0.00$0.00$0.00$0.00$0.00$0.77$0.00$0.00$0.00$0.00$0.00$0.53
2013$0.83$0.00$0.00$0.00$0.00$0.00$0.50

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-4.84%
-3.86%
MXI (iShares Global Materials ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the iShares Global Materials ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the iShares Global Materials ETF was 68.44%, occurring on Nov 20, 2008. Recovery took 2301 trading sessions.

The current iShares Global Materials ETF drawdown is 4.84%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-68.44%May 20, 2008130Nov 20, 20082301Jan 12, 20182431
-39.52%Jan 29, 2018541Mar 23, 2020102Aug 17, 2020643
-28.76%Apr 4, 2022121Sep 26, 2022372Mar 20, 2024493
-18.11%Oct 30, 200758Jan 23, 200858Apr 16, 2008116
-17.47%Jul 24, 200718Aug 16, 200725Sep 21, 200743

Volatility

Volatility Chart

The current iShares Global Materials ETF volatility is 4.01%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%NovemberDecember2024FebruaryMarchApril
4.01%
3.39%
MXI (iShares Global Materials ETF)
Benchmark (^GSPC)