The fund seeks to track the investment results of the S&P Global 1200 Materials (Sector) Capped IndexTM, which measures the performance of companies that S&P Dow Jones Indices LLC, a subsidiary of S&P Global, Inc., deems to be part of the materials sector of the economy and that SPDJI believes are important to global markets. The index is a subset of the S&P Global 1200, which is designed to measure the performance of large-capitalization stocks from major global markets, as determined by SPDJI.
Frequently asked questions
What is the iShares Global Materials ETF (MXI) expense ratio?
The iShares Global Materials ETF funds expense ratio is 0.41%.
What is iShares Global Materials ETF (MXI) current stock price?
As of the latest data, iShares Global Materials ETF stock price is $106.34, with a previous close of $106.04. iShares Global Materials ETF gained $0.30 in the last trading session, representing a 0.28% increase.
Does iShares Global Materials ETF (MXI) pay dividends?
Yes. iShares Global Materials ETF pays semiannual dividends with an annualized yield of 1.72% and an estimated annual payout of $1.83 per share.
