iShares Global Materials ETFMXIPAST TOP PICKMar 17, 2011Stock price when the opinion was issued
As of May 29, 2026. Market Open.
Likes base metals, as they're cyclical and sensitive to the economic upturn. Volatile, so a 5-10% swing either way is very normal. MXI is in US funds, which he prefers, and is only 46 basis points. Great area with the recovery, inflation, and commodity prices moving higher.