Is MXI a good investment?

iShares Global Materials ETF (MXI) is a industrials and materials ETF. As of September 11, 2026, ETF Copilot scores MXI 5.3 out of 10 — highest on Growth (8.1), lowest on Risk (2.0). It trades at 20.7 times earnings, against its own median of 15.5. Its ten largest holdings are 39% of the fund.

Updated September 11, 2026

How is MXI rated? ETF Copilot scores iShares Global Materials ETF (MXI) 5.3 out of 10

As of September 11, 2026, ETF Copilot scores iShares Global Materials ETF (MXI) 5.3 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 5.3 / 10
Growth: 8.1 / 10
Valuation: 4.8 / 10
Risk: 2.0 / 10
Quality: 5.5 / 10
Return: 4.7 / 10

MXI is ranked #6 of 10 in ETF Copilot's Real Assets list.

What is MXI's expense ratio? 0.37% a year

As of September 11, 2026, MXI charges 0.37% a year, yields 2.32% and holds $409M in assets across 106 positions.

iShares Global Materials ETF (MXI) — cost, income and size
Measure	MXI
Expense ratio	0.37%
Dividend yield	2.32%
Assets under management	$409M
Holdings	106

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in MXI's data

A global materials ETF tracking commodity and industrial firms.

Its recent returns have lagged behind the category median.

The fund's 3-year return is 14%, below the category median of 15%.

Adds exposure to global materials companies, offering diversification beyond US-focused industrial holdings.

Why did MXI move this week? It fell 3.4% in the week to September 11, 2026 — BHP and Linde drove it

MXI fell 3.4% in the week to September 11, 2026. The holdings that moved it most were BHP (−4.7%), Linde (−3.3%) and AIR Liquide (−3.7%); Upm-Kymmene OYJ (+5.7%) pushed the other way.

Is MXI expensive right now? It trades at 20.7 times earnings, against its own median of 15.5

As of September 11, 2026, MXI is more expensive than 80% of its own 114 monthly readings since 2017 — 91 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside MXI?

What's inside MXI: Size (Large 69%, Mid 25%, Small 6%); Geography (International 64%, US 36%); Tech 4.4%; AI 4.0%; Semiconductors 0.4%.

What are MXI's top holdings? The ten largest are 39% of the fund

BHP, Linde, Newmont, AIR Liquide, Rio Tinto, Freeport-McMoRan, Agnico Eagle Mines, Glencore, Barrick Mining and Shin Etsu Chemical are MXI's largest holdings, in that order.

Less concentrated than 69% of Industrials & Materials ETFs.

Half of MXI's weight sits in its 16 largest positions, and once those weights are taken into account it behaves like 40 equally weighted holdings.

Cite this

ETF Copilot, “iShares Global Materials ETF (MXI) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/mxi