IBLN

Direxion iBillionaire Index ETF
D

57
  • Overview
  • Efficiency
  • Tradability
  • Fit

IBLN Fund Description

The Direxion iBillionaire Index ETF tracks an equal-weighted index of 30 US companies selected from the portfolios of 10 asset managers with a personal net worth of at least $1 billion.

IBLN Factset Analytics Insight

IBLN mimics the portfolios of billionaire investors and money managers, using public filings. One challenge is that this data, from SEC filings, is published only quarterly with a 45-day lag. That means the fund could be trading on information that’s up to 4.5 months old. Still, a growing handful of ETFs use some type of copycat strategy (such as GURU, ALFA, FPX and KNOW). IBLN typically holds only 30 names, so the fund is very much a niche strategy, not a source for wide and deep coverage of the space. To that end, we see significant sector, size, style and risk biases relative to the market—biases that may change in nature and magnitude. The fund has seen modest investor interest since its August 2014.

IBLN MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of November 21, 2017 the Direxion iBillionaire Index ETF MSCI ESG Fund Quality Score is 4.25 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. IBLN ranks in the 4th percentile within its peer group and in the 13th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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IBLN Top 10 Countries

IBLN Top 10 Sectors

IBLN Top 10 Holdings View All

IBLN Summary Data

Direxion
08/01/14
Open-Ended Fund
0.59%
$12.67M
$59.01K
0.19%

IBLN Portfolio Data

$168.96B
26.61
2.88
0.86%
12/19/17
29

IBLN Index Data

iBillionaire Index
Proprietary
Proprietary
MSCI USA Investable Markets_net

Related ETFs to IBLN

KNOW, NFO, GURU, ALFA, GVIP
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

IBLN Portfolio Management

0.59%
-1.1%
-0.63%
-1.54%

IBLN Tax Exposures

20% / 39.6%
--
Qualified dividends
No

IBLN Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
High
Daily
Bats Book Viewer
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LAST 10 TRADES
TIMEPRICESHARES
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Bats BZX Real-time Quote - 23:59:59
Daily Spread
Premium/Discount
Volume

IBLN Factset Analytics Block Liquidity

As of 11/22/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of IBLN. IBLN is rated a 5 out of 5.

IBLN Tradability

1,881
$59.01K
1,603
$50.29K
0.19%
$0.06
-0.01%
2.01% / -0.74%
None
100%
50,000
0.03
0.02%
0.01%
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$31.98
5

IBLN Sector/Industry BreakdownView All

IBLNSegment Benchmark
21.74% 47.26%
12.80% 22.74%
18.40% 9.99%
13.82% 9.83%
2.89% 3.33%

IBLN Geographic Exposure

IBLNSegment Benchmark
99.79% 100.00%
0.04% --
0.09% --
0.05% --
0.01% --
0.00% --
0.01% --
0.00% --
0.01% --

IBLNSegment Benchmark
99.88% 100.00%
0.07% --
0.04% --
99.96% / 0.04% 100.00% / 0.00%

IBLN Performance Statistics

0.74
1.14
1.08
1.11
0.33%
MSCI USA Investable Markets_net

IBLN MSCI ESG Ratings

4.25 / 10
3.97
13.11
9.93%
2.65%
76.05

IBLN BENCHMARK COMPARISON

    IBLN
    29 Holdings
    Segment Benchmark
    2422 Constituents
    Shared Holdings
    29 (Count)
     
    16.62% (Weight)
IBLNSegment Benchmark
144.93 B 168.96 B
79.14% 96.83%
15.84% 3.17%
4.64% 0.00%
0.38% 0.00%
1.81% 0.96%
Low Medium