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ETFs

iShares Global Financials ETF

IXG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 12 2001
Expense Ratio
0.42%
Type
Global Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$884,799
AUM
$408,310,345
Associated Index
S&P Global 1200 Financials Sector Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

BRK/B
Berkshire Hathaway Inc. - Ordinary Shares - Class B
7.76%
JPM
JPMorgan Chase & Co.
5.00%
V
Visa Inc - Ordinary Shares - Class A
4.46%
MA
Mastercard Incorporated - Ordinary Shares - Class A
3.95%
BAC
Bank Of America Corp.
2.26%
HSBA
HSBC Holdings plc
1.87%
WFC
Wells Fargo & Co.
1.78%
RY
Royal Bank Of Canada
1.47%
SPGI
S&P Global Inc
1.43%
8306
Mitsubishi UFJ Financial Group, Inc.
1.35%
Invest with IXG

What is IXG?

The iShares S&P Global Financials Sector Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of companies that Standard & Poors deems part of the financial sector of the economy and important to global markets as represented by the S&P Global Financials Sector Index. The index is a subset of the Standard & Poors Global 1200 Index.

ETFs related toIXG

ETFs correlated to IXG include FAS, XLF, IYG

IXG
BlackRock Institutional Trust Company N.A. - iShares Global Financials ETF
FAS
Direxion Shares ETF Trust - Direxion Daily Financial Bull 3x Shares
XLF
SSgA Active Trust - Financial Select Sector SPDR
IYG
BlackRock Institutional Trust Company N.A. - iShares U.S. Financial Services ETF
IYF
BlackRock Institutional Trust Company N.A. - iShares U.S. Financials ETF
FNCL
Fidelity Covington Trust - Fidelity MSCI Financials Index ETF
VFH
Vanguard Group, Inc. - Vanguard Financials ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
DFIV
Dimensional ETF Trust - Dimensional International Value ETF
RDVY
First Trust Exchange-Traded Fund III - First Trust Rising Dividend Achievers ETF
DFUV
Dimensional ETF Trust - Dimensional US Marketwide Value ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toIXG

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Risk Rating

Aggressive

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Risk Rating

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Create your own algorithmic trading strategy with IXG using Composer

FAQ

IXG is a Global Equities ETF. The iShares S&P Global Financials Sector Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of companies that Standard & Poors deems part of the financial sector of the economy and important to global markets as represented by the S&P Global Financials Sector Index. The index is a subset of the Standard & Poors Global 1200 Index.

IXG tracks the S&P Global 1200 Financials Sector Index.

No, IXG is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, IXG is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IXG is 0.0088%. This is the percent change in the value of IXG over the most recent 1-month period. The 3-month return on IXG is 0.0276%. This is the percent change in the value of IXG over the most recent 3-month period.

The standard deviation of IXG for the past year is 0.1814%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to IXG include IXJ, SMH, and URA.

ETFs correlated to IXG include FAS, XLF, and IYG.

ETFs that are inversely correlated to IXG include FAZ, EFZ, and BNKD.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.