iShares Global Energy ETF (IXC)
| Assets | $1.84B |
| Expense Ratio | 0.41% |
| PE Ratio | 11.99 |
| Shares Out | 50.85M |
| Dividend (ttm) | $1.53 |
| Dividend Yield | 4.12% |
| Ex-Dividend Date | Jun 11, 2024 |
| Payout Ratio | 49.45% |
| 1-Year Return | -7.09% |
| Volume | 783,943 |
| Open | 36.82 |
| Previous Close | 36.95 |
| Day's Range | 36.79 - 37.33 |
| 52-Week Low | 36.79 |
| 52-Week High | 45.22 |
| Beta | 1.00 |
| Holdings | 107 |
| Inception Date | Nov 12, 2001 |
About IXC
Fund Home PageThe iShares Global Energy ETF (IXC) is an exchange-traded fund that mostly invests in energy equity. The fund tracks a market cap-weighted index of global energy companies. IXC was launched on Nov 12, 2001 and is issued by BlackRock.
Top 10 Holdings
59.57% of assets| Name | Symbol | Weight |
|---|---|---|
| Exxon Mobil Corporation | XOM | 18.54% |
| Chevron Corporation | CVX | 9.74% |
| Shell plc | SHEL | 7.46% |
| ConocoPhillips | COP | 4.81% |
| TotalEnergies SE | TTE | 4.68% |
| Enbridge Inc. | ENB | 3.49% |
| BP p.l.c. | BP | 3.09% |
| EOG Resources, Inc. | EOG | 2.71% |
| The Williams Companies, Inc. | WMB | 2.54% |
| Canadian Natural Resources Limited | CNQ | 2.52% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 11, 2024 | $0.898 | Jun 17, 2024 |
| Dec 20, 2023 | $0.636 | Dec 27, 2023 |
| Jun 7, 2023 | $0.713 | Jun 13, 2023 |
| Dec 13, 2022 | $1.096 | Dec 19, 2022 |
| Jun 9, 2022 | $0.761 | Jun 15, 2022 |
| Dec 13, 2021 | $0.668 | Dec 17, 2021 |
News
IXC: Global Energy Stocks Catching A Bid Post-Election, Remain Cheap
IXC is a buy due to its low P/E, high cash flow, and emerging price momentum despite falling oil prices. The ETF has a diversified global portfolio, with significant exposure to large-cap value stocks...
IXC: Energy Stocks Offer Strong Return Potential, But Not Without Volatility
iShares Global Energy ETF invests in energy companies within the S&P Global 1200, with capped weight restrictions to prevent dominance. IXC recently had assets under management of $2.15 billion, follo...
IXC: OPEC+ Is Probably Not That Firm On Cut Phase-Out Telegraph
OPEC+ has provided some baseline aspirations for phasing out their supply cuts, with some elements of the timeline disappointing oil markets. They are principally concerned with the fact that rival ca...
IXC: Energy Stocks At A Crossroads
The iShares Global Energy ETF has traded sideways over the past year but cheap valuations and upside risks to oil prices suggest a resumption of long term outperformance. The IXC ETF is more diversifi...
What's The Argument For Looking Outside The U.S. In 2024?
US equities have been dominated by a handful of stocks, highlighting the need for diversification. US stocks and bonds have been positively correlated, making it challenging to hedge equity risks.
IXC: Right Sector But Global Allocation Is Challenged
Investing in the iShares Global Energy ETF (IXC) provides exposure to major energy companies from around the world. IXC has delivered decent returns over the past five years, but investing in US energ...
Sector Ratings For ETFs And Mutual Funds: Q3 2023
The Energy, Consumer Non-cyclicals, and Healthcare sectors each earn an attractive-or-better rating at the start of 3Q23, based on the aggregation of individual stock ratings. Investors are advised to...
IXC: Reasons I'm Taking Some Profits In The Energy Sector (Rating Downgrade)
I evaluate the iShares Global Energy ETF as a potential investment option at its current market price. I continue to own this passively managed sector fund and plan to continue investing in it despite...
IXC: Trust In OPEC, They Don't See Stranded Asset Risk
In our discussion of IXC, we want to identify a new speculative factor that interacts in an important way with oil prices through OPEC supply decisions. That is the fact that the oil environment highl...
iShares Global Energy ETF: I Love Buying Corrections (Rating Upgrade)
I turned cautious on Energy when March got underway. Even with that backdrop, I'm surprised how quickly (and by how much) the sector has dropped. The good news is this opens up a buying opportunity. C...
IXC: Realize The Profits Before Reality Sets In
IXC has significantly outperformed the market in the past year. However, the oil market cycle is now moving into a less favorable phase for the ETF. Energy stocks, which make up the entire portfolio, ...
IXC: Oil Stocks Face Near-Term Risks But I Remain Long
Oil stocks remain near all-time highs despite the significant decline in oil prices seen over recent months, which suggest near-term caution towards the sector is warranted. While the sector has seen ...
These 20 energy stocks are worth a look if you think oil prices will soar in 2023
Harris Kupperman, the president of Praetorian Capital, made a couple of interesting calls heading into 2022. He predicted that stocks of the giant tech-oriented companies that led the bull market woul...
IXC: Oil Sector Outperformance Has Further Room To Run
The iShares Global Energy ETF continues to outperform the broader market, rising by 160% versus the MSCI World in total return terms over the past two years. There is still room for further gains as v...
Qui Bono? Everything In The IXC
Energy is a strategic investment right now as it relates to the Ukraine war. No more flaring for shale oil producers, because gas is the hottest commodity in the market.
IXC: 20% Free Cash Flow Yield Too High To Ignore
I am reducing my positions in the Energy Sector Select SPDR in favor of the iShares Global Energy ETF as the latter trades at much more attractive valuations. IXC has a trailing free cash flow yield o...
IXC: Oil And Gas Stocks Are Probably Trading At Fair Value Although Further Upside Is Possible
IXC invests in oil and gas stocks. The portfolio is priced for long-term decline.
Oil prices have jumped. Yet these 3 energy ETFs remain relative bargains.
If you drive a lot, you are suffering whenever you pull into a gas station.
Recent Upside In Energy Stocks Probably Means IXC Is Now Trading Close To Fair Value
IXC is exposed to oil and gas producers. Recent upside in energy stocks has enabled IXC to outperform on a short-term time horizon.
Deep Dive: As Russia moves into Ukraine, here are the oil stocks that might benefit the most
In the modern era of undeclared wars, the start of any military action is bound to be confusing. Russia's “peace-keeping” military move into eastern Ukraine, following Russian President Vladimir Putin...
IXC: Simple, Cheap, Strong Global Energy Index ETF
IXC invests in global energy stocks. The fund's energy investments should outperform when inflation is high while its international stocks should outperform when the U.S. economy stagnates.
Investing In The Energy Transition: Preserving Resources And Capital
While the energy transition will be with us for many decades ahead, the nimbleness required for an investor in this space is mission one. The case of Pioneer Natural Resources and its evolving approac...
IXC: Energy Stocks Imply Strong Returns
IXC invests in a concentrated portfolio of energy stocks. While energy stocks are not particularly favorable from a political or general sentiment standpoint, implied returns are strong.