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IXC - AI Analysis
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iShares Global Energy ETF (IXC)
Rating:71Outperform
Price Target:
$45.00
Positive Factors
Strong Energy Sector Focus
The ETF is heavily concentrated in the energy sector, which has shown solid performance year-to-date, benefiting from favorable market conditions.
Top Holdings Driving Growth
Major holdings like Exxon Mobil, Chevron, and Shell have delivered steady or strong gains, supporting the fund’s overall performance.
Global Diversification
The ETF includes exposure to multiple countries, such as the UK, Canada, and France, which helps reduce reliance on a single geographic market.
Negative Factors
Sector Over-Concentration
With nearly all assets in the energy sector, the ETF is highly exposed to risks specific to energy markets, such as oil price volatility.
Underperforming Holdings
Several top holdings, including ConocoPhillips and EOG Resources, have experienced weak year-to-date performance, potentially dragging down returns.
Moderate Expense Ratio
The ETF’s expense ratio is higher than some low-cost alternatives, which could slightly reduce long-term returns for investors.
IXC vs. SPDR S&P 500 ETF (SPY)
AUM1.87B
RegionGlobal
Expense Ratio0.40%
Beta0.52
IssueriShares
Inception DateNov 12, 2001
Dividend Yield3.69%
Asset ClassEquity
Index TrackedS&P Global 1200 Energy 4.5/22.5/45 Capped Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume407,062
30 Day Avg. Volume357,351
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
46.95Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering51
IXC Summary
The iShares Global Energy ETF (IXC) is an investment fund that focuses on energy companies worldwide, including those involved in oil, gas, and renewable energy. It tracks the S&P Global 1200 Energy Index and includes well-known companies like Exxon Mobil and Chevron. This ETF is a good option for investors who want to diversify their portfolio with exposure to the global energy sector, which plays a key role in the economy. However, it’s important to note that the ETF’s performance is closely tied to the energy market, which can be volatile due to factors like fluctuating oil prices and geopolitical events.
How much will it cost me?The iShares Global Energy ETF (IXC) has an expense ratio of 0.40%, which means you’ll pay $4 per year for every $1,000 invested. This is slightly higher than average for ETFs because it is passively managed but focuses on a specific sector, the global energy market, which requires more specialized tracking.
What would affect this ETF?The iShares Global Energy ETF (IXC) could benefit from rising global energy demand and advancements in renewable energy technologies, as well as strong performance from its top holdings like Exxon Mobil and Chevron. However, it may face challenges from fluctuating oil prices, geopolitical tensions affecting energy markets, and regulatory shifts toward cleaner energy that could impact traditional oil and gas companies. Its global exposure provides diversification but also subjects it to varying economic conditions across regions.
IXC Top 10 Holdings
The iShares Global Energy ETF (IXC) is heavily concentrated in the energy sector, with major players like Exxon Mobil and Shell driving steady gains thanks to strong financial performance and strategic initiatives. Chevron has shown mixed results, with short-term weakness offset by a solid outlook following its Hess merger. On the other hand, ConocoPhillips and EOG Resources have been lagging, weighed down by industry volatility and declining cash flow. With a global mix of traditional oil giants and emerging energy firms, the fund offers exposure to the sector’s highs and lows in a rapidly evolving market.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Exxon Mobil | 18.07% | $338.39M | $490.40B | -1.92% | 79 Outperform | |
| Chevron | 10.93% | $204.55M | $315.56B | 3.78% | 73 Outperform | |
| Shell (UK) | 8.07% | $151.10M | £163.15B | 14.14% | 77 Outperform | |
| TotalEnergies SE | 4.80% | $89.93M | €115.36B | -9.85% | 71 Outperform | |
| Conocophillips | 4.05% | $75.82M | $108.40B | -15.18% | 77 Outperform | |
| Enbridge | 3.77% | $70.58M | $102.72B | 16.56% | 70 Outperform | |
| BP p.l.c. | 3.35% | $62.77M | £66.64B | 14.36% | 57 Neutral | |
| Williams Co | 2.58% | $48.21M | $70.33B | 11.09% | 66 Neutral | |
| Canadian Natural | 2.41% | $45.03M | C$91.24B | -8.95% | 76 Outperform | |
| Marathon Petroleum | 2.18% | $40.83M | $58.44B | 32.30% | 65 Neutral |
IXC Technical Analysis
Positive
―
Price Trends
41.40
Positive
40.67
Positive
39.57
Positive
Market Momentum
0.06
Negative
55.48
Neutral
78.51
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IXC, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 41.25, equal to the 50-day MA of 41.40, and equal to the 200-day MA of 39.57, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 55.48 is Neutral, neither overbought nor oversold. The STOCH value of 78.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IXC.
IXC Peer Comparison
Comparison Results
Performance Comparison
IXC
iShares Global Energy ETF
41.80
3.03
7.82%
IXN
iShares Global Tech ETF
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IXJ
iShares Global Healthcare ETF
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TDIV
First Trust NASDAQ Technology Dividend Index Fund
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QTUM
Defiance Quantum ETF
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OIH
VanEck Oil Services 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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