EWW vs MXI: Holdings Overlap
iShares · 41 holdings · $2.0B · as of 2026-05-31
MXIiShares Global Materials ETF
iShares · 101 holdings · $349M · as of 2026-03-31
Holdings snapshots are 61 days apart (EWW: 2026-05-31, MXI: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are EWW and MXI?
iShares MSCI Mexico ETF (EWW, by iShares) holds 41 positions; iShares Global Materials ETF (MXI, by iShares) holds 101. They have 3 holdings in common, and by portfolio weight the two funds are 1.7% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 3EWW holds 41 · MXI holds 101
- Weight in Shared Holdings
- EWW 20%·MXI 2%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in EWW
38 of 41 positions (79.6% of the fund) are not held by MXI. Showing the top 30 by weight.
GFNORTEOGrupo Financiero Banorte S.A.B. de C.V. COM NPV SERIES O9.62%
AMXBAmerica Movil SAB de CV8.09%
FEMSAUBDFomento Economico Mexicano S A B de C V UNITS (REP 1 SER 'B' SHS & 4 SER'D')7.10%
4GNBWal-Mart de Mexico SAB de CV5.40%
4FOIndustrias Penoles SAB de CV4.63%
GAPBGrupo Aeroportuario Del Pacifico S.A.B. de C.V. COM NPV SER'B'3.72%
Sector Breakdown
| Sector | EWW | MXI |
|---|---|---|
| Materials | 23.7% | 99.5% |
| Consumer Staples | 17.5% | 0.0% |
| Financials | 9.6% | 0.0% |
| Industrials | 8.1% | 0.0% |
| Communication Services | 8.1% | 0.0% |
| Other Sectors | 7.2% | 0.1% |
| Unclassified | 25.6% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (26% of EWW, 0% of MXI).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EWW | +3.3% | +13.5% | +30.0% | +11.0% | +13.3% | +7.2% | 3.18% |
| MXI | +6.2% | +18.1% | +32.9% | +13.0% | +7.2% | +10.9% | 1.62% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in EWW vs MXI →
Shared Holdings(3)
The top 3 shared positions account for 100% of the overlap, led by GMEXICOB, CEMEXCPO and MEXICAN NUEVO PESO.
Frequently Asked Questions
How much do EWW and MXI overlap?
EWW and MXI overlap by 1.7% of portfolio weight. They share 3 holdings (EWW holds 41 positions and MXI holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWW and MXI?
The two portfolios are 1.7% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of EWW and MXI?
The largest positions held by both funds are GMEXICOB, CEMEXCPO and MEXICAN NUEVO PESO. Together the top 3 shared positions account for 100% of the total overlap.
What does EWW own that MXI doesn't?
38 positions (79.6% of EWW) are unique to EWW, led by GFNORTEO, AMXB and FEMSAUBD. In the other direction, 98 positions (98.0% of MXI) are unique to MXI.