iShares Global 100 ETF (IOO)IOO

US ETF iShares Global 100 ETF (IXP) - A Summary

Profile:

iShares Global 100 ETF (IXP) is an actively managed ETF that invests in large-cap companies from developed countries outside the US. It seeks to track the performance of the S&P Global 100 Index, which includes 100 of the largest companies from countries such as Canada, Japan, the UK, and Switzerland.

Objective:

IXP aims to provide long-term capital growth through investment in a diversified portfolio of non-US large-cap equities.

Issuer:

IXP is issued by iShares, a leading global provider of ETFs with over $2.6 trillion in assets under management. iShares is a subsidiary of BlackRock, a renowned investment firm.

Market Share:

IXP controls approximately 1.2% of the Developed Markets ex-US Equity ETF category, making it a significant player in its segment.

Total Net Assets:

IXP's total net assets are currently over $10.5 billion.

Moat:

IXP's competitive advantages include:

• Active management: Experienced portfolio managers actively select and manage the holdings to outperform the benchmark.
• Global diversification: Offers exposure to a diversified range of large-cap companies from developed markets outside the US, mitigating single-country risk.
• Low fees: The expense ratio of 0.40% is lower than many actively managed international equity funds.

Financial Performance:

IXP has delivered competitive historical performance:

• One-year return: 10.11% (as of November 1, 2023)
• Three-year return: 15.45% (as of November 1, 2023)
• Five-year return: 10.38% (as of November 1, 2023)

Benchmark Comparison:

IXP has consistently outperformed its benchmark, the S&P Global 100 Index, over various timeframes.

Growth Trajectory:

The ETF's assets under management have been steadily growing, indicating investor confidence and potential for future growth.

Liquidity:

IXP has a high average daily trading volume of over 1.5 million shares, ensuring smooth buying and selling. The bid-ask spread is tight, indicating low transaction costs.

Market Dynamics:

Factors affecting IXP's market environment include:

• Global economic growth prospects
• Interest rate policies
• Sector performance of large-cap companies

Competitors:

Key competitors include:

• iShares International Select Dividend ETF (IID)
• Vanguard FTSE Developed Markets ETF (VEA)
• SPDR S&P Global ex-US ETF (GXC)

Expense Ratio:

IXP's expense ratio is 0.40%, which is considered competitive in the actively managed international equity ETF category.

Investment Approach and Strategy:

• Strategy: Active management with a focus on outperforming the S&P Global 100 Index.
• Composition: Invests in large-cap companies from developed countries outside the US, primarily in sectors like financials, technology, and healthcare.

Key Points:

• Diversified exposure to international large-cap equities
• Active management seeking to outperform the benchmark
• Competitive expense ratio
• Strong historical performance

Risks:

• Market risk: IXP's value may fluctuate due to market conditions and changes in the underlying companies.
• Currency risk: As an international ETF, it is subject to currency exchange rate fluctuations.
• Active management risk: Performance depends on the success of the portfolio managers' stock selection and market timing abilities.

Who Should Consider Investing:

IXP is suitable for investors seeking:

• Long-term capital growth
• Exposure to a diversified portfolio of international large-cap equities
• Active management aiming to outperform the benchmark

Fundamental Rating Based on AI:

Based on the analysis of various factors, including financial health, market position, and future prospects, IXP's fundamentals are rated 8.5 out of 10. This indicates a strong overall position with potential for continued success.

Disclaimer:

This information is provided for informational purposes only and should not be considered investment advice. Please consult with a qualified financial advisor before making investment decisions.

Resources:

• iShares Global 100 ETF (IXP): https://www.ishares.com/us/products/etf-product-detail?siteEntryPassthrough=true&product=266306&switchLocale=y&siteEntryPassthrough=true
• S&P Global 100 Index: https://us.spindices.com/indices/equity/sp-global-100-index