IXPiShares Global Comm Services ETF
IXP Fund Description
IXP tracks a market-cap-weighted index of global communication services companies, drawn from 1,200 global stocks selected by S&P.
IXP Factset Analytics Insight
IXP delivers a market-cap weighted portfolio of global communication services stocks as defined by S&P. The well-established fund changed indexes on June 24, 2019 to a capped version which at quarterly rebalance limits single positions at 22.5% and caps aggregate positions over 4.5% at 45% total. Such index variants are not unusual and still allow for plenty of single-name impact. Moreover, stock selection resulting from the underlying industry classification system (GICS ) is likely a larger driver of returns. (Major changes in GICS communication sector occurred in Fall 2018.) The index pulls from a universe of 1,200 global stocks selected by S&P.
IXP MSCI ESG Analytics Insight
iShares Global Comm Services ETF has an MSCI ESG Fund Rating of B based on a score of 2.47 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 Comm Services ETF ranks in the 4th percentile within its peer group and in the 29th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
IXP 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.
IXP Summary Data
IXP Portfolio Data
IXP Index Data
IXP Portfolio Management
IXP Tax Exposures
IXP Fund Structure
IXP Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IXP. IXP is rated a 5 out of 5.
IXP Sector/Industry Breakdown
IXP Economic Development
IXP Performance Statistics
IXP MSCI ESG Ratings
IXP Benchmark Comparison Summary
IXP Benchmark Comparison Market Cap Size