Passage: The most widely accepted theory of the Moon's origin, the giant-impact hypothesis, states that it formed from the collision of a Mars-size protoplanet called Theia with the early Earth. This hypothesis explains (among other things) the Moon's relative lack of iron and volatile elements and the fact that its composition is nearly identical to that of Earth's crust.

Question: What is the primary thing explained by the hypothesis?
Moon's relative lack of iron and volatile elements