IXG

iShares Global Financials ETF

$115.75
+0.00%
Market closed. Last update: 12:33 PM ET

📎 Investment Objective

The iShares Global Financials ETF (IXG) seeks to track the investment results of an index composed of global equities in the financials sector.

Overview

ETF tracking iShares Global Financials ETF

Category Financials
Issuer BlackRock
Inception Date 2007-12-06
Market Cap $584.5M
Average Volume N/A
Dividend Yield 2.14%
52-Week Range $90.79 - $118.00
VWAP $115.74

Performance

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Investment Summary

📎 Investment Objective

The iShares Global Financials ETF (IXG) seeks to track the investment results of an index composed of global equities in the financials sector.

🎯 Investment Strategy

The ETF invests in a representative sample of securities included in the MSCI ACWI Financials Index, which measures the performance of the financials sector across both developed and emerging markets globally. The fund aims to provide exposure to a diversified portfolio of financial services companies.

✨ Key Features

  • Broad exposure to global financial services companies across developed and emerging markets
  • Passively managed to track the MSCI ACWI Financials Index
  • Low expense ratio of 0.00%
  • Suitable for investors seeking sector-specific global equity exposure

⚠️ Primary Risks

  • Concentration risk as the fund is focused on the financials sector
  • Exposure to both developed and emerging market equities, which can be more volatile
  • Potential for underperformance relative to the broader global equity market
  • Currency risk for investors not in the fund's base currency

👤 Best For

This ETF may be suitable for investors seeking targeted exposure to the global financials sector as part of a diversified portfolio. It could be appropriate for investors with a medium to long-term investment horizon and a higher risk tolerance given the sector-specific and global nature of the fund.