IXP

iShares Global Comm Services ETF

$119.21
+0.00%
Market closed. Last update: 12:31 PM ET

📎 Investment Objective

The iShares Global Comm Services ETF (IXP) seeks to track the investment results of an index composed of global companies in the communication services sector.

Overview

ETF tracking iShares Global Comm Services ETF

Issuer BlackRock
Inception Date 2007-12-06
Market Cap $661.6M
Average Volume N/A
Dividend Yield 1.14%
52-Week Range $88.17 - $126.56
VWAP $119.29

Performance

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Investment Summary

📎 Investment Objective

The iShares Global Comm Services ETF (IXP) seeks to track the investment results of an index composed of global companies in the communication services sector.

🎯 Investment Strategy

The ETF employs a passively managed, index-based approach, attempting to replicate the performance of the S&P Global 1200 Communication Services Sector Index. It invests primarily in global communication services companies, including those involved in telecommunications, media, and internet and entertainment services.

✨ Key Features

  • Provides exposure to a diversified portfolio of global communication services companies
  • Passively managed to track the performance of the underlying index
  • Low expense ratio of 0.00%
  • Suitable for investors seeking broad exposure to the global communication services sector

⚠️ Primary Risks

  • Concentration risk: The fund's performance is heavily dependent on the communication services sector, which may be subject to significant volatility
  • Currency risk: As a global fund, the ETF's returns may be affected by fluctuations in foreign exchange rates
  • Market risk: The value of the fund's holdings may decline due to general market conditions or other factors
  • Liquidity risk: The ETF may have difficulty trading certain securities, particularly in times of market stress

👤 Best For

This ETF may be suitable for investors seeking broad exposure to the global communication services sector as part of a diversified portfolio. It may be particularly appealing to investors with a long-term investment horizon who are comfortable with the risks associated with the communication services industry.