IXCiShares Global Energy ETF
IXC Fund Description
IXC tracks a market-cap-weighted index of global energy companies.
IXC Factset Analytics Insight
IXC fits the bill if you’re looking for neutral exposure to the global Energy sector. The fund starts off with an underlying index picked by a committee, and narrowed down to only include those companies reflective of the broad energy sector. But like the global energy market in general, it loads up on the oil and gas refining market, creating a top-heavy fund dominated by some mega-caps. 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.
IXC MSCI ESG Analytics Insight
iShares Global Energy ETF has an MSCI ESG Fund Rating of A based on a score of 7.20 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. iShares Global Energy ETF ranks in the 72nd percentile within its peer group and in the 50th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
IXC MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
IXC Portfolio Data
IXC Index Data
IXC Portfolio Management
IXC Tax Exposures
IXC Fund Structure
IXC Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IXC. IXC is rated a 5 out of 5.
IXC Sector/Industry Breakdown
IXC Economic Development
IXC Performance Statistics
IXC MSCI ESG Ratings
IXC Benchmark Comparison Summary
IXC Benchmark Comparison Market Cap Size