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ETFs

iShares Global Comm Services ETF

IXP
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 12 2001
Expense Ratio
0.40%
Type
Global Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$1,106,504
AUM
$299,310,930
Associated Index
S&P Global 1200 Communication Services 4.5/22.5/45 Capped Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

META
Meta Platforms Inc - Ordinary Shares - Class A
14.58%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
14.07%
GOOG
Alphabet Inc - Ordinary Shares - Class C
12.34%
700
Tencent Holdings Ltd.
6.72%
CMCSA
Comcast Corp - Ordinary Shares - Class A
4.49%
NFLX
Netflix Inc.
4.34%
VZ
Verizon Communications Inc
3.93%
DIS
Walt Disney Co (The)
3.69%
T
AT&T, Inc.
3.04%
TMUS
T-Mobile US Inc
2.22%
Invest with IXP

What is IXP?

The iShares Global Comm Services ETF seeks to track the investment results of an index composed of global equities in the communication services sector. It provies global exposure to companies in media, entertainment, social media, search engine, video/gaming and telecommunication services.

ETFs related toIXP

ETFs correlated to IXP include VOX, FCOM, XLC

IXP
BlackRock Institutional Trust Company N.A. - iShares Global Comm Services ETF
VOX
Vanguard Group, Inc. - Vanguard Communication Services ETF
FCOM
Fidelity Covington Trust - Fidelity MSCI Communication Services Index ETF
XLC
SSgA Active Trust - Communication Services Select Sector SPDR Fund
PNQI
Invesco Capital Management LLC - Invesco NASDAQ Internet ETF
ONEQ
Fidelity Covington Trust - Fidelity Nasdaq Composite Index ETF
QQQM
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 ETF
QQQ
Invesco Capital Management LLC - Invesco QQQ Trust Series 1
QLD
ProShares Trust - ProShares Ultra QQQ 2x Shares
TQQQ
ProShares Trust - ProShares UltraPro QQQ 3x Shares
IGM
BlackRock Institutional Trust Company N.A. - iShares Expanded Tech Sector 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 toIXP

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with IXP using Composer

FAQ

IXP is a Global Equities ETF. The iShares Global Comm Services ETF seeks to track the investment results of an index composed of global equities in the communication services sector. It provies global exposure to companies in media, entertainment, social media, search engine, video/gaming and telecommunication services.

IXP tracks the S&P Global 1200 Communication Services 4.5/22.5/45 Capped Index.

No, IXP 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, IXP 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 IXP is 0.0259%. This is the percent change in the value of IXP over the most recent 1-month period. The 3-month return on IXP is 0.1267%. This is the percent change in the value of IXP over the most recent 3-month period.

The standard deviation of IXP for the past year is 0.2423%. 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 IXP include GDX, GDXJ, and IXC.

ETFs correlated to IXP include VOX, FCOM, and XLC.

ETFs that are inversely correlated to IXP include PSQ, QID, and SQQQ.

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.