Ishares Global Energy Etf Profile
| IXC Etf | USD 42.58 0.28 0.66% |
Performance2 of 100
| Odds Of DistressLess than 9
|
IShares Global is trading at 42.58 as of the 21st of November 2024, a 0.66 percent increase since the beginning of the trading day. The etf's open price was 42.3. IShares Global has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for iShares Global Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
The fund generally invests at least 80 percent of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index and may invest up to 20 percent of its assets in certain futures, options and swap contracts, cash and cash equivalents. More on iShares Global Energy
Moving together with IShares Etf
| 0.91 | XLE | Energy Select Sector Aggressive Push | PairCorr |
| 0.9 | VDE | Vanguard Energy Index | PairCorr |
| 0.95 | XOP | SPDR SP Oil | PairCorr |
| 0.83 | OIH | VanEck Oil Services | PairCorr |
| 0.91 | IYE | iShares Energy ETF | PairCorr |
Moving against IShares Etf
IShares Etf Highlights
| Chairman | George Parker |
| Thematic Ideas | (View all Themes) |
| Business Concentration | Energy ETFs, Sector ETFs, Energy, Equity Energy, iShares (View all Sectors) |
| Issuer | iShares |
| Inception Date | 2001-11-12 |
| Benchmark | S&P Global 1200 Energy 4.5/22.5/45 Capped Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 2.23 Billion |
| Average Trading Valume | 402,591.2 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Energy |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | State Street Bank and Trust Company |
| Advisor | BlackRock Fund Advisors |
| Custodian | State Street Bank and Trust Company |
| Distributor | BlackRock Investments, LLC |
| Portfolio Manager | Jennifer Hsui, Greg Savage, Paul Whitehead |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Mar |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 67.0 |
| Market Maker | Old Mission |
| Total Expense | 0.44 |
| Management Fee | 0.41 |
| Country Name | USA |
| Returns Y T D | 11.26 |
| Name | iShares Global Energy ETF |
| Currency Code | USD |
| Open Figi | BBG000L74NQ7 |
| In Threey Volatility | 23.98 |
| 1y Volatility | 10.54 |
| 200 Day M A | 41.6139 |
| 50 Day M A | 41.3046 |
| Code | IXC |
| Updated At | 21st of November 2024 |
| Currency Name | US Dollar |
iShares Global Energy [IXC] is traded in USA and was established 2001-11-12. The fund is classified under Equity Energy category within iShares family. The entity is thematically classified as Energy ETFs. iShares Global Energy currently have 1.87 B in assets under management (AUM). , while the total return for the last 3 years was 20.7%.
Check IShares Global Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as iShares Global Energy Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
iShares Global Energy Currency Exposure
iShares Global Energy holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of IShares Global will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in iShares Global Energy.
Top iShares Global Energy Etf Constituents
| TRGP | Targa Resources | Stock | Energy | |
| VLO | Valero Energy | Stock | Energy | |
| PSX | Phillips 66 | Stock | Energy | |
| OKE | ONEOK Inc | Stock | Energy | |
| SLB | Schlumberger NV | Stock | Energy | |
| MRO | Marathon Oil | Stock | Energy | |
| FANG | Diamondback Energy | Stock | Energy | |
| CTRA | Coterra Energy | Stock | Energy |
IShares Global Top Holders
| CBACX | Ab Global Risk | Mutual Fund | Tactical Allocation | |
| CBSYX | Ab Global Risk | Mutual Fund | Tactical Allocation | |
| CBSRX | Ab Global Risk | Mutual Fund | Tactical Allocation | |
| CABIX | Ab Global Risk | Mutual Fund | Tactical Allocation | |
| CBSKX | Ab Global Risk | Mutual Fund | Tactical Allocation | |
| CABNX | Ab Global Risk | Mutual Fund | Tactical Allocation | |
| AMTOX | Ab All Market | Mutual Fund | World Large-Stock Blend | |
| MSTSX | Morningstar Unconstrained Allocation | Mutual Fund | World Allocation |
iShares Global Energy Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0454 | |||
| Jensen Alpha | 3.0E-4 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.03) |
IShares Global Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Global Energy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of iShares Global Energy is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Global's value that differs from its market value or its book value, called intrinsic value, which is IShares Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Global's market value can be influenced by many factors that don't directly affect IShares Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.