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IGGY - ETF AI Analysis

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IGGY

AB International Growth ETF (IGGY)

Rating:62Neutral
Price Target:
$29.00
The AB International Growth ETF (IGGY) has a solid overall rating, reflecting a mix of strong performers and some moderate contributors. Top holdings like TSMC and Tencent significantly boost the fund's rating due to their robust financial performance, strategic advancements in AI, and positive market sentiment. However, weaker contributors like SAP SE and Sea Limited, which face challenges such as bearish momentum and regional market risks, slightly weigh on the overall score. Investors should also note the fund's concentration in technology-heavy holdings, which could increase exposure to sector-specific risks.
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 leans heavily into technology, with standout names like TSMC and ASML driving much of the fund’s performance thanks to their strong financial results and strategic focus on innovation. However, the fund’s industrial and consumer cyclical holdings, such as 3i Group and Sea Limited, have been lagging recently, creating a drag on overall returns. With its global ex-U.S. focus, IGGY offers exposure to international growth trends, but its concentration in tech-heavy names means it’s riding the wave of innovation while navigating some turbulence in other sectors.
Name
Company Name
Weight %
Market Value
Market Cap
Yearly Gain
Overall Rating
TSMC7.84%$326.62K$1.15T44.71%
81
Outperform
Tencent Holdings 5.15%$214.63KHK$5.53T55.75%
79
Outperform
ASML Holding NV4.83%$201.01K€318.58B30.04%
76
Outperform
3.21%$133.50K
3i Group plc3.10%$128.96K£32.29B-8.29%
75
Outperform
Sea2.99%$124.31K$5.98B16.19%
69
Neutral
SAP SE2.77%$115.25K€239.26B-9.26%
66
Neutral
Beijer Ref AB Class B2.71%$112.77Kkr73.93B-3.21%
72
Outperform
SAFRAN SA2.58%$107.30K€120.61B32.90%
67
Neutral
Weir Group plc (The)2.57%$107.10K£6.99B24.63%
74
Outperform

IGGY Technical Analysis

Technical Analysis Sentiment
Negative
Last Price
Price Trends
50DMA
100DMA
200DMA
Market Momentum
MACD
-0.63
Positive
RSI
26.88
Positive
STOCH
3.83
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IGGY, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 29.41, equal to the 50-day MA of ―, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of -0.63 indicates Positive momentum. The RSI at 26.88 is Positive, neither overbought nor oversold. The STOCH value of 3.83 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IGGY.

IGGY Peer Comparison

Comparison Results
Name
Price
Price Target
AUM
Expense Ratio
Overall Rating
$4.19M0.55%
62
Neutral
$89.70M0.60%
65
Neutral
$47.02M0.69%
62
Neutral
$45.17M1.09%
67
Neutral
$30.33M0.54%
68
Neutral
$29.40M0.90%
65
Neutral
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IGGY
AB International Growth ETF
27.76
-2.70
-8.86%
QLTI
GMO International Quality ETF
JDVI
John Hancock Disciplined Value International Select ETF
AADR
AdvisorShares Dorsey Wright ADR 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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