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TMET vs MXI

iShares Strategic Metals ETF vs iShares Global Materials ETF

TMET

iShares Strategic Metals ETF

Annual cost

0.47%

Fund size

$28M

MXI

iShares Global Materials ETF

Annual cost

0.39%

Fund size

$325M

Key differences

  • MXI costs 0.08% less per year.
  • MXI is significantly larger than TMET — larger funds tend to be more liquid and less likely to close.
  • TMET is classified as alternative, while MXI is equity — different risk/return profiles.
  • MXI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TMETMXI
Annual cost (TER)0.47%0.39%
Fund size (AUM)$28M$325M
Since20232006
Dividend yield13.56%1.78%
Asset classalternativeequity
Regionglobal
Strategyindex trackingindex tracking
CAGR 1Y+61.9%+34.9%
CAGR 3YN/A+14.9%
CAGR 5YN/A+6.8%
Sharpe 3YN/A0.66
Volatility 1Y30.64%19.40%
Max drawdown-22.20%-39.52%

Similar to TMET and MXI