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About iShares Global Energy ETF
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Inception date
Nov 12, 2001
Structure
Open-Ended Fund
Replication method
Physical
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 youre 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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Energy Minerals
Industrial Services
Stocks99.56%
Energy Minerals78.06%
Industrial Services17.97%
Utilities1.40%
Non-Energy Minerals1.31%
Miscellaneous0.83%
Bonds, Cash & Other0.44%
Cash0.44%
Stock breakdown by region
North America73.92%
Europe20.29%
Asia2.32%
Latin America1.86%
Oceania1.61%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IXC invests in stocks. The fund's major sectors are Energy Minerals, with 78.06% stocks, and Industrial Services, with 17.97% of the basket. The assets are mostly located in the North America region.
IXC top holdings are Exxon Mobil Corporation and Chevron Corporation, occupying 17.49% and 9.03% of the portfolio correspondingly.
IXC last dividends amounted to 0.84 USD. Six months before that, the issuer paid 0.90 USD in dividends, which shows a 6.26% decrease.
IXC assets under management is 1.69 B USD. It's risen 3.55% over the last month.
IXC fund flows account for −1.59 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.
Yes, IXC pays dividends to its holders with the dividend yield of 4.56%. The last dividend (Dec 20, 2024) amounted to 0.84 USD. The dividends are paid semi-annually.
IXC shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Nov 12, 2001, and its management style is Passive.
IXC expense ratio is 0.41% meaning you'd have to pay 0.41% of your investment to help manage the fund.
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.
IXC invests in stocks.
IXC price has risen by 2.66% over the last month, and its yearly performance shows a −8.97% decrease. See more dynamics on IXC price chart.
NAV returns, another gauge of an ETF dynamics, showed a −2.21% decrease in three-month performance and has decreased by −4.54% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −2.21% decrease in three-month performance and has decreased by −4.54% in a year.
IXC trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.