MXI 📈 iShares Global Materials - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US4642886950 • Natural Resources
MXI: Chemicals, Mining, Metals, Paper, Packaging, Forestry, Construction
The index measures the performance of companies that SPDJI deems to be part of the materials sector of the economy and that SPDJI believes are important to global markets. The fund generally will invest at least 80% of its assets in the component securities of its index and in investments that have economic characteristics that are substantially identical to the component securities of its index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents. ‣ Company URL: http://www.ishares.com ‣ Domicile: United States
Additional Sources for MXI ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
MXI ETF Overview
| Market Cap in USD | 225m |
| Category | Natural Resources |
| TER | 0.41% |
| IPO / Inception | 2006-09-12 |
MXI ETF Ratings
| Growth 5y | 44.0% |
| Fundamental | - |
| Dividend | 42.2% |
| Rel. Strength Industry | -120 |
| Analysts | - |
| Fair Price Momentum | 68.82 USD |
| Fair Price DCF | - |
MXI Dividends
| Dividend Yield 12m | 1.49% |
| Yield on Cost 5y | 2.02% |
| Annual Growth 5y | 0.74% |
| Payout Consistency | 88.4% |
MXI Growth Ratios
| Growth Correlation 3m | -92.7% |
| Growth Correlation 12m | 35.5% |
| Growth Correlation 5y | 70.2% |
| CAGR 5y | 6.30% |
| CAGR/Mean DD 5y | 0.81 |
| Sharpe Ratio 12m | -0.75 |
| Alpha | -32.63 |
| Beta | 0.97 |
| Volatility | 19.99% |
| Current Volume | 28.4k |
| Average Volume 20d | 14k |
What is the price of MXI stocks?
As of December 22, 2024, the stock is trading at USD 78.16 with a total of 28,385 shares traded.
Over the past week, the price has changed by -4.51%, over one month by -6.60%, over three months by -10.63% and over the past year by -5.49%.
As of December 22, 2024, the stock is trading at USD 78.16 with a total of 28,385 shares traded.
Over the past week, the price has changed by -4.51%, over one month by -6.60%, over three months by -10.63% and over the past year by -5.49%.
Is iShares Global Materials a good stock to buy?
Partly, yes. Based on ValueRay Analyses, iShares Global Materials (NYSE ARCA:MXI) is currently (December 2024) ok to buy, but has to be watched. It has a Growth Technical Rating of 43.99 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of MXI as of December 2024 is 68.82. This means that MXI is currently overvalued and has a potential downside of -11.95%.
Partly, yes. Based on ValueRay Analyses, iShares Global Materials (NYSE ARCA:MXI) is currently (December 2024) ok to buy, but has to be watched. It has a Growth Technical Rating of 43.99 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of MXI as of December 2024 is 68.82. This means that MXI is currently overvalued and has a potential downside of -11.95%.
Is MXI a buy, sell or hold?
iShares Global Materials has no consensus analysts rating.
iShares Global Materials has no consensus analysts rating.
What are the forecast for MXI stock price target?
According to ValueRays Forecast Model, MXI iShares Global Materials will be worth about 76.5 in December 2025. The stock is currently trading at 78.16. This means that the stock has a potential downside of -2.19%.
According to ValueRays Forecast Model, MXI iShares Global Materials will be worth about 76.5 in December 2025. The stock is currently trading at 78.16. This means that the stock has a potential downside of -2.19%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 76.5 | -2.2% |