iShares Global Materials ETF V.MXI

Primary Symbol: MXI

The fund seeks to track the investment results of an index composed of global equities in the materials sector. The fund seeks to track the investment results of the S&P Global 1200 Materials Index (the Underlying Index), which measures the performance of companies that S&P Dow Jones Indices LLC (SPDJI), 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. It is a subset of the S&P Global 1200.

ARCA:MXI - Post by User

iShares Global Materials ETF > More Speculation

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Comment by wilwalon May 06, 2016 11:03am

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Post# 24847950

RE:More Speculation

The only way MXI gains on IMG is by the drillbit. The way IMG gets ahead or lags MXI is by POG since MXI isn't affected by POG as much as IMG. So great drill results could get MXI to close the gap some more yet. If POG runs up to $1400, IMG will leave MXI in the desert dust.

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