JXI

iShares Global Utilities ETF

$80.75
+0.00%
Market closed. Last update: 11:41 PM ET

📎 Investment Objective

The iShares Global Utilities ETF (JXI) seeks to track the investment results of an index composed of global equities in the utilities sector.

Overview

ETF tracking iShares Global Utilities ETF

Category Utilities
Issuer BlackRock
Inception Date 2007-12-06
Market Cap $230.1M
Average Volume N/A
Dividend Yield 2.53%
52-Week Range $62.90 - $81.57
VWAP $80.78

Performance

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Investment Summary

📎 Investment Objective

The iShares Global Utilities ETF (JXI) seeks to track the investment results of an index composed of global equities in the utilities sector.

🎯 Investment Strategy

The ETF employs a passively managed, index-based approach, investing in a representative sample of securities included in the S&P Global 1200 Utilities Index. It aims to provide exposure to companies engaged in the utilities industry globally.

✨ Key Features

  • Diversified exposure to global utilities companies across developed and emerging markets
  • Low expense ratio of 0.00%
  • Tracks the S&P Global 1200 Utilities Index, a broad, market-cap weighted index
  • Suitable for investors seeking exposure to the global utilities sector

⚠️ Primary Risks

  • Concentration risk as the fund is focused on the utilities sector
  • Exposure to global markets, which may involve additional risks such as currency fluctuations and political/economic instability
  • Potential volatility due to the cyclical nature of the utilities industry
  • Liquidity risk as the fund has limited assets under management

👤 Best For

The iShares Global Utilities ETF may be suitable for investors seeking broad exposure to the global utilities sector as part of a diversified portfolio. It may be particularly appealing to investors with a long-term investment horizon and a moderate risk tolerance.