Materials ETF
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Materials ETF (MXI) Touches New 52-Week High
ZACKS· 2025-12-23 15:06
For investors seeking momentum, iShares Global Materials ETF (MXI) is probably on the radar now. The fund just hit a 52-week high and is up 37.2% from its 52-week low price of $71.01 per share. But are there more gains in store for this ETF? Let’s take a quick look at the fund and its near-term outlook to get a better sense of where it might head.MXI in FocusIt offers exposure to companies involved in the production of raw materials, including metals, chemicals and forestry products. The fund charges 39 ba ...