Key stats
About iShares Global Financial ETF
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Inception date
Nov 12, 2001
Structure
Open-Ended Fund
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
IXG is a high-beta play on global financials, due in large part to the fund's heavier concentration versus our benchmark. Despite the fact that IXG holds many of the same stocks in its top 10 as our benchmark, its far smaller basket means that large-cap banks and insurance companies are held in greater weights. As one might expect, IXG carries an elevated beta and tilts hard toward large-caps. IXG can be traded fairly with some care. Daily volume is robust and spreads are manageable. The fund's liquid basket is good news for larger investors seeking to trade in bulk. IXG is also an incredibly Efficient fund. It recovers almost all of its already-reasonable fee, tracking its index almost perfectly. Overall, IXG is a cost-effective and reasonably liquid way to access global financials, at the expense of some added concentration.
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region
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.
Related funds
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.
IXG trades at 107.77 USD today, its price has risen 0.10% in the past 24 hours. Track more dynamics on IXG price chart.
IXG net asset value is 107.55 today — it's risen 7.53% 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.
IXG assets under management is 499.77 M 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.
IXG price has risen by 9.46% over the last month, and its yearly performance shows a 22.47% increase. See more dynamics on IXG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.53% over the last month, showed a 4.93% increase in three-month performance and has increased by 24.88% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.53% over the last month, showed a 4.93% increase in three-month performance and has increased by 24.88% in a year.
IXG fund flows account for 18.62 M 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.
IXG invests in stocks. See more details in our Analysis section.
IXG 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, IXG 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, IXG technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating IXG shows the strong buy signal. See more of IXG technicals for a more comprehensive analysis.
Today, IXG technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating IXG shows the strong buy signal. See more of IXG technicals for a more comprehensive analysis.
Yes, IXG pays dividends to its holders with the dividend yield of 2.35%.
IXG trades at a premium (0.19%).
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.
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.
IXG shares are issued by BlackRock, Inc.
IXG follows the S&P Global 1200 / Financials -SEC. 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.