Ishares Global Utilities Etf Profile
| JXI Etf | USD 69.98 0.21 0.30% |
Performance6 of 100
| Odds Of DistressLess than 9
|
IShares Global is trading at 69.98 as of the 28th of November 2024. This is a 0.30 percent increase since the beginning of the trading day. The etf's open price was 69.77. IShares Global has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for iShares Global Utilities are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund generally will invest at least 80 percent of its assets in the component securities of its index and in investments that have economic characteristics that are substantially identical to the component securities of its index and may invest up to 20 percent of its assets in certain futures, options and swap contracts, cash and cash equivalents. More on iShares Global Utilities
Moving together with IShares Etf
| 0.82 | XLU | Utilities Select Sector Aggressive Push | PairCorr |
| 0.8 | VPU | Vanguard Utilities Index | PairCorr |
| 0.8 | FUTY | Fidelity MSCI Utilities | PairCorr |
| 0.75 | IDU | iShares Utilities ETF | PairCorr |
Moving against IShares Etf
IShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Sector ETFs, Utilities ETFs, Energy, Utilities, iShares (View all Sectors) |
| Issuer | iShares |
| Inception Date | 2006-09-12 |
| Benchmark | S&P Global 1200 Utilities (Sector) Capped Index (USD) |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 167.39 Million |
| Average Trading Valume | 12,897.5 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Utilities |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | State Street Bank and Trust Company |
| Advisor | BlackRock Fund Advisors |
| Custodian | State Street Bank and Trust Company |
| Distributor | BlackRock Investments, LLC |
| Portfolio Manager | Diane Hsiung, Jennifer Hsui, Greg Savage, Alan Mason |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Mar |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 82.0 |
| Market Maker | Citadel |
| Total Expense | 0.41 |
| Management Fee | 0.41 |
| Country Name | USA |
| Returns Y T D | 21.29 |
| Name | iShares Global Utilities ETF |
| Currency Code | USD |
| Open Figi | BBG000G809C1 |
| In Threey Volatility | 17.25 |
| 1y Volatility | 15.75 |
| 200 Day M A | 63.2611 |
| 50 Day M A | 69.1082 |
| Code | JXI |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
iShares Global Utilities [JXI] is traded in USA and was established 2006-09-12. The fund is classified under Utilities category within iShares family. The entity is thematically classified as Sector ETFs. iShares Global Utilities currently have 153.5 M in assets under management (AUM). , while the total return for the last 3 years was 7.9%.
Check IShares Global Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as iShares Global Utilities Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
iShares Global Utilities Currency Exposure
iShares Global Utilities 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 Utilities.
Top iShares Global Utilities Etf Constituents
| AWK | American Water Works | Stock | Utilities | |
| SRE | Sempra Energy | Stock | Utilities | |
| CEG | Constellation Energy Corp | Stock | Utilities | |
| SO | Southern Company | Stock | Utilities | |
| VST | Vistra Energy Corp | Stock | Utilities | |
| PCG | PGE Corp | Stock | Utilities | |
| PPL | PPL Corporation | Stock | Utilities | |
| EVRG | Evergy, | Stock | Utilities |
IShares Global Top Holders
| GMOM | Cambria Global Momentum | Etf | Tactical Allocation | |
| RQEAX | Resq Dynamic Allocation | Mutual Fund | Tactical Allocation | |
| RQECX | Resq Dynamic Allocation | Mutual Fund | Tactical Allocation | |
| RQEIX | Resq Dynamic Allocation | Mutual Fund | Tactical Allocation |
iShares Global Utilities 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.
| Risk Adjusted Performance | 0.0669 | |||
| Jensen Alpha | 0.0465 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.07) |
IShares Global Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Global Utilities. 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 Utilities 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.