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IGGY - AI Analysis

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IGGY

AB International Growth ETF (IGGY)

Rating:63Neutral
Price Target:
$32.00
The AB International Growth ETF (IGGY) demonstrates a balanced performance, with its rating supported by strong contributions from top holdings like TSMC and Tencent. TSMC benefits from robust financial performance and demand for advanced technologies, while Tencent's strategic advancements in AI and solid financial health bolster its outlook. However, weaker holdings like Wix and BE Semiconductor, which face challenges such as high valuations and financial leverage, slightly temper the fund's overall rating. A key risk factor is the ETF's concentration in a few high-performing stocks, which could impact diversification.
Positive Factors
Strong Top Holdings
Several key holdings, such as TSMC, Tencent, and Sea, have delivered strong year-to-date performance, supporting the ETF's overall returns.
Global Diversification
The ETF invests across multiple countries, including the USA, UK, and Hong Kong, reducing reliance on any single geographic market.
Balanced Sector Exposure
The fund is diversified across sectors like Technology, Industrials, and Consumer Cyclical, helping to mitigate risks tied to individual industries.
Negative Factors
Underperforming Holdings
Some holdings, such as SAP, Wix, and Beijer Ref AB, have struggled year-to-date, which could weigh on future performance.
Moderate Expense Ratio
The ETF's expense ratio of 0.55% is higher than some low-cost alternatives, which could impact long-term returns.
High Technology Concentration
With over 31% of the portfolio in the Technology sector, the fund is heavily exposed to potential volatility in tech stocks.

IGGY vs. SPDR S&P 500 ETF (SPY)

IGGY Summary

The AB International Growth ETF (Ticker: IGGY) is an actively managed fund that focuses on investing in fast-growing companies outside the U.S., offering exposure to international markets. It includes well-known companies like TSMC (a leading semiconductor manufacturer) and Tencent (a major tech company in China). With a strong emphasis on technology and industrial sectors, this ETF is designed for investors looking to diversify their portfolios and benefit from global growth trends. However, since it invests heavily in international markets and growth-focused companies, its value can fluctuate significantly with global economic conditions.
How much will it cost me?The AB International Growth ETF (Ticker: IGGY) has an expense ratio of 0.55%, which means you’ll pay $5.50 per year for every $1,000 invested. This is higher than average because the fund is actively managed, requiring more research and decision-making by the management team to select investments.
What would affect this ETF?The AB International Growth ETF (IGGY) could benefit from global economic recovery and increased demand for technology and innovation, as its portfolio is heavily weighted toward tech companies like TSMC and ASML. However, it may face challenges from rising interest rates, which can negatively impact growth-focused investments, and geopolitical risks in key regions outside the U.S. where its holdings are concentrated. Regulatory changes or economic slowdowns in countries where top holdings like Tencent and SAP operate could also affect performance.

IGGY Top 10 Holdings

The AB International Growth ETF (IGGY) leans heavily into technology, with standout performers like TSMC and ASML Holding NV driving gains thanks to strong demand for advanced tech and robust revenue growth. Tencent adds a splash of innovation with its AI advancements, but mixed signals from companies like 3i Group and Sea Limited temper the fund’s momentum. Meanwhile, lagging names like Wix and Beijer Ref AB weigh on performance, highlighting challenges in consumer-facing and industrial segments. With its global ex-U.S. focus, IGGY offers a tech-heavy yet geographically diverse growth play.
Name
Company Name
Weight %
Market Value
Market Cap
Yearly Gain
Overall Rating
TSMC7.53%$340.01K$1.23T53.20%
81
Outperform
Tencent Holdings 4.78%$215.84KHK$5.78T56.13%
79
Outperform
ASML Holding NV4.39%$198.02K€341.65B37.83%
78
Outperform
3i Group plc3.86%$174.09K£43.72B34.55%
85
Outperform
Sea3.29%$148.75K$91.56B61.29%
69
Neutral
3.10%$139.81K
SAP SE2.95%$133.11K€272.35B5.72%
73
Outperform
Wix2.75%$124.06K$7.84B-15.29%
60
Neutral
Monday.com2.65%$119.75K$10.02B-33.15%
70
Outperform
Beijer Ref AB Class B2.65%$119.60Kkr77.38B-1.42%
68
Neutral

IGGY Technical Analysis

Technical Analysis Sentiment
Positive
Last Price
Price Trends
50DMA
100DMA
200DMA
Market Momentum
MACD
0.07
Negative
RSI
61.52
Neutral
STOCH
95.94
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IGGY, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 30.32, equal to the 50-day MA of ―, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of 0.07 indicates Negative momentum. The RSI at 61.52 is Neutral, neither overbought nor oversold. The STOCH value of 95.94 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IGGY.

IGGY Peer Comparison

Comparison Results
Name
Price
Price Target
AUM
Expense Ratio
Overall Rating
$4.56M0.55%
63
Neutral
$77.98M0.60%
65
Neutral
$45.66M1.10%
68
Neutral
$44.92M0.69%
62
Neutral
$32.67M0.54%
68
Neutral
$28.15M0.90%
68
Neutral
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IGGY
AB International Growth ETF
31.02
0.56
1.84%
QLTI
GMO International Quality ETF
AADR
AdvisorShares Dorsey Wright ADR ETF
JDVI
John Hancock Disciplined Value International Select ETF
ABLG
Abacus Fcf International Leaders Etf
PJIO
PGIM Jennison International Opportunities ETF
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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