IBLN

Direxion iBillionaire Index ETF
LAST TRADECHANGE (%)VOLUME
$30.36-- (--)30
4:00:00 p.m. (ET) 09/21/2017
BID SIZEBID ($)ASK ($)ASK SIZE
40030.3030.37900
D

62
  • 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 Fund metrics 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 September 20, 2017 the Direxion iBillionaire Index ETF MSCI ESG Fund Quality Score is 4.47 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 10th percentile within its peer group and in the 19th 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
COMPARE
RESET
Select ETFs to compare their performance:

IBLN Top 10 Countries

IBLN Top 10 Sectors

IBLN Top 10 Holdings View All

IBLN Summary Data

08/01/14
Open-Ended Fund
0.65%
$13.73 M
$46.51 K
0.20%

IBLN Portfolio Data

$176.01 B
24.89
3.05
0.90%
09/19/17
28

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

0.65%
-1.08%
-0.56%
-1.54%

IBLN Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

IBLN Fund Structure

Open-Ended Fund
No
No
0%% / 100%
N/A
N/A
High
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS10032.16
10031.63
1,70030.39
1,70030.38
90030.37
BIDS40030.30
1,70030.29
1,70030.28
90030.27
90030.26
LAST 10 TRADES
TIMEPRICESHARES
------
------
------
------
------
------
------
------
------
------
Bats BZX Real-time Quote - 09:36:36
Daily Spread
Premium/Discount
Volume

IBLN FactSet Analytics Block Liquidity

As of 09/21/17
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

1,448
$46.51 K
1,235
$38.58 K
0.20%
$0.06
-0.01%
2.01% / -0.74%
None
100.00%
50,000
0.02
0.02%
0.01%
--
$30.43
5

IBLN Performance Statistics

0.76
1.09
1.04
1.11
0.36%
MSCI USA Investable Markets_net

IBLN MSCI ESG Fund Metrics

4.47 / 10
10.21
19.09
7.05%
1.72%
96.87