iShares Global Financials ETF (IXG)
| Assets | $426.40M |
| Expense Ratio | 0.42% |
| PE Ratio | 13.35 |
| Shares Out | 4.50M |
| Dividend (ttm) | $2.53 |
| Dividend Yield | 2.65% |
| Ex-Dividend Date | Dec 17, 2024 |
| Payout Ratio | 33.35% |
| 1-Year Return | +21.18% |
| Volume | 12,941 |
| Open | 94.41 |
| Previous Close | 94.87 |
| Day's Range | 94.41 - 96.25 |
| 52-Week Low | 76.10 |
| 52-Week High | 105.79 |
| Beta | 1.00 |
| Holdings | 272 |
| Inception Date | Nov 12, 2001 |
About IXG
Fund Home PageThe iShares Global Financials ETF (IXG) is an exchange-traded fund that is based on the S&P Global 1200 / Financials index. The fund tracks a market cap-weighted index of large- and mid-cap global financial stocks. IXG was launched on Nov 12, 2001 and is issued by BlackRock.
Top 10 Holdings
32.27% of assets| Name | Symbol | Weight |
|---|---|---|
| Berkshire Hathaway Inc. | BRK.B | 7.21% |
| JPMorgan Chase & Co. | JPM | 5.86% |
| Visa Inc. | V | 4.60% |
| Mastercard Incorporated | MA | 3.79% |
| Bank of America Corporation | BAC | 2.63% |
| Wells Fargo & Company | WFC | 2.08% |
| The Goldman Sachs Group, Inc. | GS | 1.57% |
| HSBC Holdings plc | HSBA | 1.54% |
| Royal Bank of Canada | RY | 1.51% |
| Commonwealth Bank of Australia | CBA | 1.48% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $1.074 | n/a |
| Jun 11, 2024 | $1.460 | Jun 17, 2024 |
| Dec 20, 2023 | $0.928 | Dec 27, 2023 |
| Jun 7, 2023 | $1.132 | Jun 13, 2023 |
| Dec 13, 2022 | $1.068 | Dec 19, 2022 |
| Jun 9, 2022 | $1.537 | Jun 15, 2022 |
News
IXG: Stress Test Results Pose Good News, But Recession Prospects Stand
Financial stocks have been heavily impacted by market oscillations since March, making banks a risky investment due to regulatory scrutiny and tighter lending practices. While the stress test results ...
Regional Banking Concerns Produce Financial Services ETF Outflows
Lipper Financial Services ETFs recorded their largest weekly outflow of the year over the past fund flows week (-$1.4 billion). On top of the bank failures, market participants are worried about the l...
Banks Are On Sale But Risks Remain
One month ago, Silicon Valley Bank failed, with a resulting decline across the diversified banking industry. Some investors may be tempted to buy the dip, while others are considering doubling down on...
IXG: Consider This Global Financials ETF On The Cheap
iShares Global Financials ETF's AUM has contracted by 23% in the last month. The systemic risk narrative may be overblown but other risks remain.
Banking Faces Seismic Changes
A depositor protection scheme insulates banks from its depositors' anticipation of impending failure. Banks expand credit by a process of double-entry book-keeping.
IXG - A Good Fund For Global Financial Exposure
As inflation rates rise, investors may be well served by moving capital into sectors which traditionally benefit from inflation, such as the financials space. The iShares Global Financials ETF (IXG) o...