Skip to Content

iShares Global Healthcare ETF

IXJ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 13 2001
Expense Ratio
0.42%
Type
Global Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$10,668,112
AUM
$3,931,794,546
Associated Index
S&P Global 1200 Healthcare Sector Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

UNH
Unitedhealth Group Inc
6.85%
LLY
Lilly(Eli) & Co
6.42%
JNJ
Johnson & Johnson
5.65%
NOVO B
Novo Nordisk - Ordinary Shares - Class B
4.33%
MRK
Merck & Co Inc
3.95%
ABBV
Abbvie Inc
3.94%
NOVN
Novartis AG - Registered Shares
3.08%
AZN
Astrazeneca plc
3.07%
TMO
Thermo Fisher Scientific Inc.
2.84%
ROG
Roche Holding AG
2.83%
Invest with IXJ

What is IXJ?

The iShares S&P Global Healthcare 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 healthcare sector of the economy and important to global markets as represented by the S&P Global Healthcare Sector Index. The index is a subset of the Standard & Poors Global 1200 Index.

ETFs related toIXJ

ETFs correlated to IXJ include IYH, XLV, CURE

IXJ
BlackRock Institutional Trust Company N.A. - iShares Global Healthcare ETF
IYH
BlackRock Institutional Trust Company N.A. - iShares U.S. Healthcare ETF
XLV
SSgA Active Trust - Health Care Select Sector SPDR
CURE
Direxion Shares ETF Trust - Direxion Daily Healthcare Bull 3X Shares
VHT
Vanguard Group, Inc. - Vanguard Health Care ETF
FHLC
Fidelity Covington Trust - Fidelity MSCI Health Care Index ETF
PPH
VanEck ETF Trust - VanEck Pharmaceutical ETF
RSPH
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Health Care ETF
PINK
Simplify Exchange Traded Funds - Simplify Health Care ETF
IHE
BlackRock Institutional Trust Company N.A. - iShares U.S. Pharmaceuticals ETF
FTCS
First Trust Exchange-Traded Fund III - First Trust Capital Strength 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 toIXJ

#PTS

Pick the Trending Sector

Category

Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with IXJ using Composer

FAQ

IXJ is a Global Equities ETF. The iShares S&P Global Healthcare 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 healthcare sector of the economy and important to global markets as represented by the S&P Global Healthcare Sector Index. The index is a subset of the Standard & Poors Global 1200 Index.

IXJ tracks the S&P Global 1200 Healthcare Sector Index.

No, IXJ 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, IXJ 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 IXJ is -0.0125%. This is the percent change in the value of IXJ over the most recent 1-month period. The 3-month return on IXJ is -0.0052%. This is the percent change in the value of IXJ over the most recent 3-month period.

The standard deviation of IXJ for the past year is 0.132%. 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 IXJ include IXN, SMH, and URA.

ETFs correlated to IXJ include IYH, XLV, and CURE.

ETFs that are inversely correlated to IXJ include DXD, SDOW, and DOG.

Disclaimers

*

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.