iShares Global Energy ETFiShares Global Energy ETFiShares Global Energy ETF

iShares Global Energy ETF

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Key stats


Assets under management (AUM)
‪1.67 B‬USD
Fund flows (1Y)
‪−1.58 B‬USD
Dividend yield (indicated)
4.57%
Discount/Premium to NAV
−0.03%
Shares outstanding
‪43.65 M‬
Expense ratio
0.41%

About iShares Global Energy ETF


Brand
iShares
Home page
Inception date
Nov 12, 2001
Structure
Open-Ended Fund
Index tracked
S&P Global 1200 Energy 4.5/22.5/45 Capped Index - Benchmark TR Net
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
IXC fits the bill if you’re looking for neutral exposure to the global energy sector. The fund starts off with an underlying index that a committee narrows down to include companies reflective of the broad energy sector. And even though it proportionally weights issuers by market-cap, its large-cap bias introduces a few overweights in the fund, and a heavy investment in a few US giants (but that's inherent to the sector). Overall, it is imperative to note certain concentration risks before investing in this fund. Holdings are market cap-weighted, subject to capping, which limits single security weights to 22.5% and the aggregate of all securities by an issuer exceeding 4.5% to be capped at 45%. The index is rebalanced quarterly in March, June, September, and December. Prior to Mar. 20, 2023, the IXC tracked S&P Global 1200 Energy Index.

Classification


Asset Class
Equity
Category
Sector
Focus
Energy
Niche
Broad-based
Strategy
Vanilla
Geography
Global
Weighting scheme
Market cap
Selection criteria
Committee
What's in the fund
Exposure type
StocksBonds, Cash & Other
Energy Minerals
Industrial Services
Stock breakdown by region
1%1%73%20%2%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to IXC via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
IXC trades at 37.93 USD today, its price has fallen −0.58% in the past 24 hours. Track more dynamics on IXC price chart.
IXC net asset value is 37.98 today — it's risen 2.29% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
IXC assets under management is ‪1.67 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
IXC price has risen by 1.15% over the last month, and its yearly performance shows a −10.44% decrease. See more dynamics on IXC price chart.
NAV returns, another gauge of an ETF dynamics, showed a −5.50% decrease in three-month performance and has decreased by −6.42% in a year.
IXC fund flows account for ‪−1.58 B‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
IXC invests in stocks. See more details in our Analysis section.
IXC expense ratio is 0.41%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, IXC isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, IXC technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating IXC shows the neutral signal. See more of IXC technicals for a more comprehensive analysis.
Yes, IXC pays dividends to its holders with the dividend yield of 4.57%.
IXC trades at a premium (0.14%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
IXC shares are issued by BlackRock, Inc.
IXC follows the S&P Global 1200 Energy 4.5/22.5/45 Capped Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 12, 2001.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.