Ishares Global Tech Etf Profile

IXN Etf  USD 82.81  1.57  1.93%   

Performance

16 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
IShares Global is selling at 82.81 as of the 23rd of July 2024; that is 1.93 percent increase since the beginning of the trading day. The etf's open price was 81.24. IShares Global has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for iShares Global Tech are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of June 2024 and ending today, the 23rd of July 2024. Click here to learn more.
The index measures the performance of all members of the SP Global 1200 that are classified within the GICS information technology sector. Global Tech is traded on NYSEARCA Exchange in the United States. More on iShares Global Tech

Moving together with IShares Etf

  1.0VGT Vanguard InformationPairCorr
  1.0XLK Technology Select SectorPairCorr
  1.0IYW iShares Technology ETFPairCorr
  0.99SMH VanEck Semiconductor ETFPairCorr
  0.98SOXX iShares Semiconductor ETFPairCorr
  0.72CIBR First Trust NASDAQPairCorr

Moving against IShares Etf

  0.78FXY Invesco CurrencySharesPairCorr

IShares Etf Highlights

Thematic Ideas
Showing 3 out of 5 themes
Business ConcentrationRobots And Drones, Dividend Beast, Sector ETFs, Information Technology ETFs, Artificial Intelligence, Technology, iShares (View all Sectors)
IssueriShares
Inception Date2001-11-12
BenchmarkS&P Global 1200 Information Technology 4.5/22.5/45 Capped Index
Entity TypeRegulated Investment Company
Asset Under Management5.17 Billion
Average Trading Valume218,331
Asset TypeEquity
CategorySector
FocusInformation Technology
Market ConcentrationBlended Development
RegionGlobal
AdministratorState Street Bank and Trust Company
AdvisorBlackRock Fund Advisors
CustodianState Street Bank and Trust Company
DistributorBlackRock Investments, LLC
Portfolio ManagerJennifer Hsui, Greg Savage, Paul Whitehead
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Mar
ExchangeNYSE Arca, Inc.
Number of Constituents133
Market MakerCitadel
Total Expense0.41
Management Fee0.41
Country NameUSA
Returns Y T D19.39
NameiShares Global Tech ETF
Currency CodeUSD
Open FigiBBG000BBTL04
In Threey Volatility24.36
1y Volatility20.4
200 Day M A72.0356
50 Day M A81.2248
CodeIXN
Updated At22nd of July 2024
Currency NameUS Dollar
iShares Global Tech [IXN] is traded in USA and was established 2001-11-12. The fund is classified under Technology category within iShares family. The entity is thematically classified as Robots And Drones. iShares Global Tech currently have 2.78 B in assets under management (AUM). , while the total return for the last 3 years was 13.8%.
Check IShares Global Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as iShares Global Tech Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

iShares Global Tech Currency Exposure

iShares Global Tech holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of IShares Global will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in iShares Global Tech.

Top iShares Global Tech Etf Constituents

IBMInternational Business MachinesStockInformation Technology
GOOGAlphabet Inc Class CStockCommunication Services
VVisa Class AStockFinancials
AAPLApple IncStockInformation Technology
TCTZFTencent HoldingsPink SheetInternet Content & Information
PYPLPayPal HoldingsStockFinancials
NVDANVIDIAStockInformation Technology
MSFTMicrosoftStockInformation Technology
More Details

IShares Global Top Holders

VEGAAdvisorShares STAR GlobalEtfDerivative Income
QAISXQ3 All Weather SectorMutual FundTactical Allocation
DUDEDUDEEtfTactical Allocation
GMOMCambria Global MomentumEtfTactical Allocation
RQEIXResq Dynamic AllocationMutual FundTactical Allocation
RQEAXResq Dynamic AllocationMutual FundTactical Allocation
RQECXResq Dynamic AllocationMutual FundTactical Allocation
BRMPXBlackrock Moderate PreparedMutual FundAllocation--30% to 50% Equity
More Details

iShares Global Tech Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. IShares Global market risk premium is the additional return an investor will receive from holding IShares Global long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although IShares Global's alpha and beta are two of the key measurements used to evaluate IShares Global's performance over the market, the standard measures of volatility play an important role as well.

IShares Global Against Markets

Additional Information and Resources on Investing in IShares Etf

When determining whether iShares Global Tech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ishares Global Tech Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Global Tech Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Global Tech. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
The market value of iShares Global Tech is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Global's value that differs from its market value or its book value, called intrinsic value, which is IShares Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Global's market value can be influenced by many factors that don't directly affect IShares Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.