Ishares Global Healthcare Etf Profile

IXJ Etf  USD 92.11  0.54  0.59%   

Performance

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Odds Of Distress

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IShares Global is selling for 92.11 as of the 28th of November 2024. This is a 0.59 percent increase since the beginning of the trading day. The etf's last reported lowest price was 91.72. IShares Global has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for iShares Global Healthcare are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The fund generally invests at least 80 percent of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index and may invest up to 20 percent of its assets in certain futures, options and swap contracts, cash and cash equivalents. The company has 35.85 M outstanding shares. More on iShares Global Healthcare

Moving together with IShares Etf

  0.99XLV Health Care SelectPairCorr
  0.98VHT Vanguard Health CarePairCorr
  0.78IBB iShares Biotechnology ETFPairCorr

Moving against IShares Etf

  0.83VO Vanguard Mid CapPairCorr
  0.82VUG Vanguard Growth IndexPairCorr
  0.8VTI Vanguard Total StockPairCorr
  0.8VB Vanguard Small CapPairCorr
  0.78SPY SPDR SP 500 Aggressive PushPairCorr
  0.78IVV iShares Core SPPairCorr

IShares Etf Highlights

ChairmanRobert Silver
Thematic Ideas
(View all Themes)
Old Names[IXIA, IXIA, IXIA (IXJ.SG), Ixia Inc]
Business ConcentrationAustralia All Ordinaries, Sector ETFs, Health Care ETFs, Health, iShares, Closed-End Fund - Equity, Financial (View all Sectors)
IssueriShares
Inception Date2001-11-13
BenchmarkS&P Global 1200 Healthcare Sector Index
Entity TypeRegulated Investment Company
Asset Under Management3.96 Billion
Average Trading Valume172,488
Asset TypeEquity
CategorySector
FocusHealth Care
Market ConcentrationBlended Development
RegionGlobal
AdministratorState Street Bank and Trust Company
AdvisorBlackRock Fund Advisors
CustodianState Street Bank and Trust Company
DistributorBlackRock Investments, LLC
Portfolio ManagerDiane Hsiung, Jennifer Hsui, Greg Savage, Alan Mason
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Mar
ExchangeNYSE Arca, Inc.
Number of Constituents129
Market MakerCitadel
Total Expense0.42
Management Fee0.41
Country NameUSA
Returns Y T D6.36
NameiShares Global Healthcare ETF
Currency CodeUSD
Open FigiBBG000L77VV0
In Threey Volatility14.43
1y Volatility12.36
200 Day M A93.8571
50 Day M A95.1904
CodeIXJ
Updated At27th of November 2024
Currency NameUS Dollar
iShares Global Healthcare [IXJ] is traded in USA and was established 2001-11-13. The fund is classified under Health category within iShares family. The entity is thematically classified as Sector ETFs. iShares Global Healthcare currently have 3.43 B in assets under management (AUM). , while the total return for the last 3 years was 3.5%.
Check IShares Global Probability Of Bankruptcy

Geographic Allocation (%)

iShares Global Healthcare Currency Exposure

iShares Global Healthcare holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of IShares Global will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in iShares Global Healthcare.

Top iShares Global Healthcare Etf Constituents

NVSEFNovartis AGPink SheetDrug Manufacturers—General
MDTMedtronic PLCStockHealth Care
UNHUnitedHealth Group IncorporatedStockHealth Care
TMOThermo Fisher ScientificStockHealth Care
ROGRogersStockInformation Technology
RHHVFRoche Holding AGOTC StockDrug Manufacturers—General
PFEPfizer IncStockHealth Care
NOVNNovan IncStockHealth Care
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IShares Global Top Holders

GMOMCambria Global MomentumEtfTactical Allocation
DALTRegents Park FundsEtfMultistrategy
XHCiShares Global HealthcareEtfSector Equity
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iShares Global Healthcare Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

IShares Global Against Markets

When determining whether iShares Global Healthcare is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ishares Global Healthcare Etf. Highlighted below are key reports to facilitate an investment decision about Ishares Global Healthcare Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Global Healthcare. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of iShares Global Healthcare is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Global's value that differs from its market value or its book value, called intrinsic value, which is IShares Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Global's market value can be influenced by many factors that don't directly affect IShares Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.