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iShares S&P Gbl Materials (MXI) - ETF


Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
Avg Vol64k
52 wk High57.96
52 wk Low37.46
Inception:Sep 2006
(as of 2017-01-18)
Total Returns:
1 day0.3%
5 day2.2%
1 month4.8%
3 month11.7%
6 month13.4%
9 month13.6%
1 year48.2%
Compare Funds:
Correlated Group: Materials (View cGroup) (All Groups)


Correlated Funds

Most Directly Correlated
SPDR S&P Global Natural Resources ETFGNR0.93  
FlexShares Morningstar Global Upstream Natural ResGUNR0.92  
iShares MSCI Global Select Metals & Mining ProducePICK0.88  
Schwab Fundmntl Intl Large Company ETFFNDF0.83  
PowerShares FTSE RAFI Dev Markets ex-USPXF0.82  
Fidelity MSCI MaterialsFMAT0.82  
VanEck Vectors Steel Index FundSLX0.82  
Vanguard MaterialsVAW0.82  
First Trust Dow Jones Global Select DividendFGD0.82  
iShares US Basic MaterialsIYM0.81  
Least Correlated
VanEck Vectors Short High Yld Muni FundSHYD0.04  
VanEck Vectors High-Yield Muni ETFHYD0.03  
PIMCO Intermediate Muni Bond Strgy ETFMUNI0.03  
SPDR Barclays Cap Mortgage Backed BondMBG0.03  
Virtus Newfleet Multi-Sector Bond ETFNFLT0.03  
SPDR Nuveen S&P High Yield Muni Bond ETFHYMB0.02  
iShares Core GNMA Bond ETFGNMA0.00  
iPath US Treasury Steepener ETN STPP-0.00  
PIMCO Enhanced Short Maturity Strgy ETFMINT-0.03  
AdvisorShares Newfleet Multi-Sector IncomeMINC-0.04  
Most Inversely Correlated
ProShares Short Dow 30DOG-0.66  
ProShares UltraPro Short Dow30SDOW-0.66  
ProShares Short S&P 500SH-0.69  
Proshares UltraShort S&P500SDS-0.69  
Direxion S&P 500 Bear 3X SharesSPXS-0.69  
ProShares UltraPro Short S&P 500SPXU-0.69  
ProShares Short MSCI Emerging MktsEUM-0.70  
Direxion Emerging Markets Bear 3X SharesEDZ-0.70  
ProShares UltraShort MSCI Emerging MktsEEV-0.70  
ProShares Short MSCI EAFEEFZ-0.78  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2017-01-13.

Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.

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