IXG
iShares Global Financials ETF
iShares S&P Global Financials Sector Index Fund seeks investment results that correspond to the performance of the S&P Global Financials Index. The Fund uses a Representative Sampling strategy
Global
EQUITY
Passive
MANAGEMENT STYLE
444.9 M
ASSETS UNDER MGMT
42 bp
EXPENSES
Fund Basics
| Fund sponsor | Barclays Global Fund Advisors |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Nov 12, 2001 |
| Assets (mns) | $445 |
| Expense ratio | 42 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Semi-Annually |
| Taxation | 1099 |
| Stock selection | Committee |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| BERKSHIRE HATHAWAY INC-CL B | 7.4 % |
| JPMORGAN CHASE & CO | 6.0 % |
| VISA INC. CLASS A | 4.5 % |
| MASTERCARD INCORPORATED CLASS A | 3.7 % |
| BANK OF AMERICA CORP | 2.7 % |
| WELLS FARGO & CO | 2.2 % |
| GOLDMAN SACHS GROUP INC | 1.6 % |
| ROYAL BANK OF CANADA | 1.5 % |
| COMMONWEALTH BANK OF AUSTRAL | 1.5 % |
| MORGAN STANLEY | 1.4 % |
Constituent Breakdown
| Number of holdings | 209 |
| Herfindahl-Hirschman Index | 187 |
| Wgt avg mkt cap (mns) | $237,837 |
| Large cap (>$10bn) | 98.4% |
| Mid cap ($2-10bn) | 1.6% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 96.0% |
| Emerging mkts. | 4.1% |
Country Exposure
 |
UNITED STATES | 56.9 % |
 |
CANADA | 5.5 % |
 |
JAPAN | 5.0 % |
 |
BRITAIN | 4.8 % |
 |
AUSTRALIA | 4.3 % |
 |
SWITZERLAND | 3.5 % |
 |
GERMANY | 2.5 % |
 |
CHINA | 1.8 % |
 |
ITALY | 1.7 % |
 |
FRANCE | 1.4 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 17.0% | 36.0% | 19.7% | 6.2% | 9.5% | 7.5% | 5.2% | Volatility | 12.5% | 12.6% | 14.7% | 17.8% | 23.9% | 20.3% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.89 | 66% |
| MSCI EAFE | 0.95 | 78% |
| MSCI Emg Mkts | 0.75 | 47% |
Liquidity Measures
| Avg. volume (000) | 36 |
| Turnover | 0.8% |
| Avg. Bid/Ask (% of price) | 0.21% |
| ADV of underlying (mns) | $42,761 |
Technical Indicators
| Recent close | $99.97 |
| 30d moving avg. | $95.10 |
| Annualized volatility | 19.1% |
| Relative strength (RSI) | 55 |
| Short interest (ETF) | 0.1% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. IXG |
Expenses vs. IXG |
ALTAR Score™ vs. IXG |
|---|---|---|---|---|
| FNCL | Fidelity MSCI Financials Index ETF | 59.5% | -34 bp | -0.6% |
| XLF | Financial Select Sector SPDR Fund | 59.5% | -33 bp | -0.9% |
| VFH | Vanguard Financials ETF | 59.2% | -32 bp | -0.5% |
| IYG | iShares US Financial Services ETF | 47.4% | -2 bp | -1.2% |
| IYF | iShares U.S. Financials ETF | 46.6% | -2 bp | -0.8% |
| RSPF | Invesco S&P 500 Equal Weight Financials ETF | 40.9% | -2 bp | -0.1% |
| VYMI | Vanguard International High Dividend Yield ETF | 29.6% | -20 bp | +3.7% |
| DFNL | Davis Select Financial ETF | 27.0% | +21 bp | +0.4% |
| IWX | iShares Russell Top 200 Value ETF | 25.7% | -22 bp | -0.1% |
| SNPV | Xtrackers S&P 500 Value ESG ETF | 25.5% | -27 bp | +0.2% |
Risk and Returns: IXG vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/21/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
IXG
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
ALTAR Score™
IXG
6.1%
Cat. Avg
4.1%
ALTAR Score™ Calculation
Category Overview
There are 376 funds in the Global Equity category, with an average ALTAR Score™
of 4.1% and a standard deviation of
4.7%. IXG's ALTAR Score™ is approximately
0.4 standard deviations
above
the category average. This places IXG in the 67th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
IXGSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Passive Global Equity ETFs |
| # of ETFs | 53 |
| Avg. Expense Ratio | 50.8 bp |
| Std. Deviation | 22.4 bp |
| IXG (42 bp) Percentile rank | 36 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| IXG | 42.0 | 21.1 | 63.1 |
| Peer Avg. | 46.9 | 14.1 | 61.0 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .