Ishares Global Utilities Etf Profile
| JXI Etf | USD 57.56 0.35 0.60% |
Performance2 of 100
| Odds Of DistressLess than 9
|
IShares Global is trading at 57.56 as of the 16th of April 2024. This is a -0.6 percent decrease since the beginning of the trading day. The etf's open price was 57.91. IShares Global has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for iShares Global Utilities are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
The fund generally will invest at least 80 percent of its assets in the component securities of its index and in investments that have economic characteristics that are substantially identical to the component securities of its index and may invest up to 20 percent of its assets in certain futures, options and swap contracts, cash and cash equivalents. More on iShares Global Utilities
Moving together with IShares Etf
| 0.84 | XLU | Utilities Select Sector | PairCorr |
| 0.82 | VPU | Vanguard Utilities Index | PairCorr |
| 0.91 | FUTY | Fidelity MSCI Utilities | PairCorr |
| 0.76 | IDU | iShares Utilities ETF | PairCorr |
| 0.83 | FXU | First Trust Utilities | PairCorr |
Moving against IShares Etf
| 0.67 | AMPS | Altus Power Financial Report 20th of May 2024 | PairCorr |
| 0.54 | YLCO | Global X | PairCorr |
IShares Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. IShares Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IShares Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Utilities ETFs, Sector ETFs, Utilities, iShares (View all Sectors) |
| Issuer | iShares |
| Inception Date | 2006-09-12 |
| Benchmark | S&P Global 1200 Utilities (Sector) Capped Index (USD) |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 121.57 Million |
| Average Trading Valume | 5,488.5 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Utilities |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | State Street Bank and Trust Company |
| Advisor | BlackRock Fund Advisors |
| Custodian | State Street Bank and Trust Company |
| Distributor | BlackRock Investments, LLC |
| Portfolio Manager | Diane Hsiung, Jennifer Hsui, Greg Savage, Alan Mason |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Mar |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 82.0 |
| Market Maker | Citadel |
| Total Expense | 0.4 |
| Management Fee | 0.4 |
| Country Name | USA |
| Returns Y T D | (1.52) |
| Name | iShares Global Utilities ETF |
| Currency Code | USD |
| Open Figi | BBG000G809C1 |
| In Threey Volatility | 16.66 |
| 1y Volatility | 15.05 |
| 200 Day M A | 57.2195 |
| 50 Day M A | 56.8022 |
| Code | JXI |
| Updated At | 15th of April 2024 |
| Currency Name | US Dollar |
iShares Global Utilities [JXI] is traded in USA and was established 2006-09-12. The fund is classified under Utilities category within iShares family. The entity is thematically classified as Utilities ETFs. iShares Global Utilities currently have 153.5 M in assets under management (AUM). , while the total return for the last 3 years was 0.8%.
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 Utilities 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 Utilities Currency Exposure
iShares Global Utilities 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 Utilities.
Top iShares Global Utilities Etf Constituents
| AWK | American Water Works | Stock | Utilities |
| NTGY | Naturgy Energy Group | Stock | Utilities |
| SRE | Sempra Energy | Stock | Utilities |
| VIE | Veolia Environnement VE | Stock | Utilities |
| ELE | Endesa SA | Stock | Utilities |
| PPL | PPL Corporation | Stock | Utilities |
| EVRG | Evergy Common Stock | Stock | Utilities |
IShares Global Target Price Odds Analysis
Coming from a normal probability distribution, the odds of IShares Global jumping above the current price in 90 days from now is about 29.13%. The iShares Global Utilities probability density function shows the probability of IShares Global etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon iShares Global Utilities has a beta of -0.0895. This indicates as returns on the benchmark increase, returns on holding IShares Global are expected to decrease at a much lower rate. During a bear market, however, iShares Global Utilities is likely to outperform the market. Additionally, iShares Global Utilities has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of IShares Global to move above the current price in 90 days from now is about 29.13 (This iShares Global Utilities probability density function shows the probability of IShares Etf to fall within a particular range of prices over 90 days) .
IShares Global Top Holders
| GMOM | Cambria Global Momentum | Etf | Tactical Allocation |
| RQEAX | Resq Dynamic Allocation | Mutual Fund | Tactical Allocation |
| RQECX | Resq Dynamic Allocation | Mutual Fund | Tactical Allocation |
| RQEIX | Resq Dynamic Allocation | Mutual Fund | Tactical Allocation |
iShares Global Utilities 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.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | 0.5635 |
IShares Global Against Markets
Picking the right benchmark for IShares Global etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in IShares Global etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for IShares Global is critical whether you are bullish or bearish towards iShares Global Utilities at a given time. Please also check how IShares Global's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in IShares Global without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy IShares Etf?
Before investing in IShares Global, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in IShares Global. To buy IShares Global etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of IShares Global. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase IShares Global etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located iShares Global Utilities etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased iShares Global Utilities etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as iShares Global Utilities, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy IShares Etf please use our How to Invest in IShares Global guide.
Already Invested in iShares Global Utilities?
The danger of trading iShares Global Utilities is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of IShares Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than IShares Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile iShares Global Utilities is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether iShares Global Utilities 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 Utilities Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Global Utilities Etf: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Global Utilities. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of iShares Global Utilities 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.