MXI vs VOO: Holdings Overlap
MXIiShares Global Materials ETF
iShares · 101 holdings · $349M · as of 2026-03-31
Vanguard · 504 holdings · $1.03T · as of 2026-03-31
How similar are MXI and VOO?
iShares Global Materials ETF (MXI, by iShares) holds 101 positions; Vanguard 500 Index Fund (VOO, by Vanguard) holds 504. They have 26 holdings in common, and by portfolio weight the two funds are 2.1% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 26MXI holds 101 · VOO holds 504
- Weight in Shared Holdings
- MXI 40%·VOO 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 MXI
75 of 101 positions (60.2% of the fund) are not held by VOO. Showing the top 30 by weight.
Sector Breakdown
| Sector | MXI | VOO |
|---|---|---|
| Materials | 99.5% | 2.1% |
| Information Technology | 0.0% | 32.7% |
| Financials | 0.0% | 12.4% |
| Communication Services | 0.0% | 10.5% |
| Consumer Discretionary | 0.0% | 9.9% |
| Other Sectors | 0.1% | 32.2% |
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.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| MXI | +6.2% | +18.1% | +32.9% | +13.0% | +7.2% | +10.9% | 1.62% |
| VOO | +3.4% | +14.0% | +23.7% | +21.3% | +13.4% | +15.4% | 1.03% |
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 MXI vs VOO →
Shared Holdings(26)
The top 10 shared positions account for 72% of the overlap, led by LIN, NEM and FCX.
 LINLinde PLC COM EUR0.001 | 7.82% | 0.41% | 0.41% |
|---|---|---|---|
 NEMNewmont Corporation COM | 3.99% | 0.21% | 0.21% |
 FCXFreeport-McMoRan Inc. CL B | 2.85% | 0.15% | 0.15% |
 SHWThe Sherwin-Williams Company COM | 2.50% | 0.13% | 0.13% |
 CRHCRH plc | 2.38% | 0.13% | 0.13% |
 ECLEcolab Inc. COM | 2.29% | 0.12% | 0.12% |
 APDAir Products & Chemicals, Inc. COM | 2.19% | 0.12% | 0.12% |
 CTVACorteva Inc COM | 1.90% | 0.10% | 0.10% |
 NUENucor Corporation COM | 1.31% | 0.07% | 0.07% |
 VMCVulcan Materials Company COM | 1.22% | 0.06% | 0.06% |
 MLMMartin Marietta Materials Inc COM | 1.20% | 0.06% | 0.06% |
 DOWDow Inc COM | 1.01% | 0.05% | 0.05% |
 STLDSteel Dynamics, Inc. COM | 0.84% | 0.04% | 0.04% |
 PPGPPG Industries, Inc. COM | 0.81% | 0.04% | 0.04% |
 ALBAlbemarle Corp COM | 0.71% | 0.04% | 0.04% |
 SWSmurfit WestRock plc COM USD0.001 | 0.70% | 0.04% | 0.04% |
 LYBLyondellBasell Industries NV COM EUR0.04 CLASS 'A' | 0.70% | 0.04% | 0.04% |
 CFCF Industries Holdings, Inc. COM | 0.68% | 0.04% | 0.04% |
 PKGPackaging Corporation of America COM | 0.64% | 0.03% | 0.03% |
 IPInternational Paper Co. COM | 0.64% | 0.03% | 0.03% |
 DDDupont De Nemours Inc COM | 0.63% | 0.03% | 0.03% |
 IFFINTERNATIONAL FLAVORS and FRAGRA COMMON STOCK USD.125 | 0.63% | 0.03% | 0.03% |
 AMCRAmcor PLC COM NEW | 0.62% | 0.03% | 0.03% |
 BALLBall Corporation COM | 0.54% | 0.03% | 0.03% |
 AVYAvery Dennison Corporation COM | 0.45% | 0.02% | 0.02% |
Frequently Asked Questions
How much do MXI and VOO overlap?
MXI and VOO overlap by 2.1% of portfolio weight. They share 26 holdings (MXI holds 101 positions and VOO holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MXI and VOO?
The two portfolios are 2.1% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of MXI and VOO?
The largest positions held by both funds are LIN, NEM, FCX, SHW and CRH. Together the top 10 shared positions account for 72% of the total overlap.
What does MXI own that VOO doesn't?
75 positions (60.2% of MXI) are unique to MXI, led by BHP, AI and AEM. In the other direction, 478 positions (97.7% of VOO) are unique to VOO.