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IXG - ETF AI Analysis
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iShares Global Financials ETF (IXG)
Rating:69Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several key holdings, such as JPMorgan Chase and Goldman Sachs, have delivered strong year-to-date performance, supporting the ETF's overall returns.
Global Exposure
The ETF invests in financial companies across multiple countries, providing diversification beyond the U.S. market.
Reasonable Expense Ratio
With an expense ratio of 0.41%, the fund offers relatively low costs compared to actively managed alternatives.
Negative Factors
Sector Concentration
The ETF is heavily concentrated in the financial sector, which increases vulnerability to industry-specific risks.
Recent Performance Volatility
Short-term performance has been inconsistent, with a decline over the past month despite gains year-to-date.
U.S. Dominance
Over 60% of the portfolio is allocated to U.S. companies, limiting exposure to faster-growing international markets.
IXG vs. SPDR S&P 500 ETF (SPY)
AUM630.28M
RegionGlobal
Expense Ratio0.41%
Beta0.80
IssueriShares
Inception DateNov 12, 2001
Dividend Yield2.1%
Asset ClassEquity
Index TrackedS&P Global 1200 / Financials -SEC
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume25,235
30 Day Avg. Volume22,222
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
129.44Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering209
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
IXG Summary
The iShares Global Financials ETF (IXG) is an investment fund that focuses on the financial sector worldwide, including banks, insurance companies, and financial services firms. It tracks the S&P Global 1200 Financials index, giving investors exposure to major financial companies like Berkshire Hathaway and JPMorgan Chase. This ETF is a good option for those looking to diversify their portfolio globally and benefit from the growth potential of the financial industry. However, since it is heavily tied to the financial sector, its performance can be impacted by economic downturns or challenges specific to banking and financial services.
How much will it cost me?The iShares Global Financials ETF (IXG) has an expense ratio of 0.41%, which means you’ll pay $4.10 per year for every $1,000 invested. This cost is slightly higher than average for ETFs because it is passively managed but focuses on a specific sector, which can involve more specialized tracking and research.
What would affect this ETF?The iShares Global Financials ETF (IXG) could benefit from global economic growth, increased financial innovation, and rising demand for banking and payment services, especially given its exposure to major players like Berkshire Hathaway, JPMorgan Chase, and Visa. However, it may face challenges from rising interest rates, regulatory changes, or economic slowdowns in key markets, which could negatively impact the financial sector's profitability and growth. Its global focus also means it is exposed to geopolitical risks and currency fluctuations that could affect returns.
IXG Top 10 Holdings
The iShares Global Financials ETF (IXG) is heavily anchored in the financial sector, with standout contributions from global banking giants like JPMorgan Chase and HSBC, both riding strong financial performance and strategic growth momentum. Goldman Sachs also shines, benefiting from robust earnings and strategic positioning. However, payment processors Visa and Mastercard are lagging, weighed down by bearish momentum and valuation concerns, which dampen their otherwise solid fundamentals. With a global mix of holdings, the fund leans heavily on traditional financial powerhouses, offering a concentrated play on the sector's global growth potential.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Berkshire Hathaway B | 6.54% | $41.10M | $1.09T | 7.19% | 66 Neutral | |
| JPMorgan Chase | 6.16% | $38.71M | $857.62B | 27.36% | 72 Outperform | |
| Visa | 3.94% | $24.75M | $634.02B | 6.50% | 75 Outperform | |
| Mastercard | 3.17% | $19.94M | $489.87B | 3.21% | 77 Outperform | |
| Bank of America | 2.61% | $16.44M | $393.97B | 15.40% | 72 Outperform | |
| Wells Fargo | 2.05% | $12.87M | $281.98B | 20.85% | 79 Outperform | |
| Goldman Sachs Group | 1.80% | $11.30M | $256.31B | 42.50% | 77 Outperform | |
| HSBC Holdings | 1.76% | $11.06M | £182.40B | 42.82% | 80 Outperform | |
| Royal Bank Of Canada | 1.60% | $10.05M | $227.57B | 28.90% | 75 Outperform | |
| Morgan Stanley | 1.50% | $9.45M | $280.53B | 35.82% | 76 Outperform |
IXG Technical Analysis
Positive
―
Price Trends
115.14
Positive
114.54
Positive
109.21
Positive
Market Momentum
0.64
Negative
62.27
Neutral
92.21
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IXG, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 115.51, equal to the 50-day MA of 115.14, and equal to the 200-day MA of 109.21, indicating a bullish trend. The MACD of 0.64 indicates Negative momentum. The RSI at 62.27 is Neutral, neither overbought nor oversold. The STOCH value of 92.21 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IXG.
IXG Peer Comparison
Comparison Results
Performance Comparison
IXG
iShares Global Financials ETF
117.76
19.86
20.29%
EIPI
FT Energy Income Partners Enhanced Income ETF
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EXI
iShares Global Industrials ETF
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DFNL
Davis Select Financial Etf
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PSP
Invesco Global Listed Private Equity ETF
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IPAY
ETFMG Prime Mobile Payments ETF
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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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