IXJiShares Global Healthcare ETF
IXJ Fund Description
IXJ tracks a market-cap-weighted index of global health care companies.
IXJ Factset Analytics Insight
IXJ offers marketlike exposure to global pharmaceutical, biotechnology, and medical device companies. The fund pulls from the S&P Global 1200 universe, which effectively screens out small-caps, giving the fund a large-cap tilt compared to our benchmark. Aside from that, geographic and sector weights look neutral and make it a viable entry-point to global healthcare. BlackRock Fund Advisors uses a sampling approach to indexing. This means the fund may not hold all the stocks of the underlying index but will hold securities that collectively have the same investment profile. Stocks within IXJ are selected and weighted by float-adjusted market-cap. The index is rebalanced quarterly.
IXJ MSCI ESG Analytics Insight
iShares Global Healthcare ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.84 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 Healthcare ETF ranks in the 36th percentile within its peer group and in the 63th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
IXJ 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.
IXJ Portfolio Data
IXJ Index Data
IXJ Portfolio Management
IXJ Tax Exposures
IXJ Fund Structure
IXJ Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IXJ. IXJ is rated a 5 out of 5.
IXJ Sector/Industry Breakdown
IXJ Economic Development
IXJ Performance Statistics
IXJ MSCI ESG Ratings
IXJ Benchmark Comparison Summary
IXJ Benchmark Comparison Market Cap Size