iShares Global Energy ETF
ALTAR
Score™
5.2% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
147.6x P/Sales
ratio
1.0x
P/BV
ratio
1.1x Div.
yield
5.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares Global Energy ETF seeks to track the investment results of an index composed of global equities in the energy sector.

FUND BASICS
Category Global Equities
Fund Sponsor Barclays Global Fund Advisors
Website www.ishares.com
Inception date Nov 12, 2001
Assets (mns) $1,114
Currency USD
Expense ratio 46 bp
Distributions Semi-Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Market Cap
Index replication n/a
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 57
Wgt avg mkt cap (mns) $80,976
Large cap (>$10bn) 94.2%
Mid cap ($2-10bn) 5.8%
Small cap (<$2bn) 0.0%
Developed mkts 95.0%
Emerging mkts 5.0%

TOP TEN HOLDINGS
EXXON MOBIL CORP 12.5 %
CHEVRON CORP 11.0 %
TOTAL SA 6.8 %
BP PLC 5.0 %
ROYAL DUTCH SHELL PLC-A SHS 4.9 %
ENBRIDGE INC 4.3 %
ROYAL DUTCH SHELL PLC-B SHS 4.3 %
CONOCOPHILLIPS 2.9 %
TRANSCANADA CORP 2.5 %
SCHLUMBERGER LTD 2.1 %
Total 56.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 50.1 %
BRITAIN 14.5 %
CANADA 12.5 %
FRANCE 6.8 %
BRAZIL 2.9 %
AUSTRALIA 2.6 %
FINLAND 2.0 %
ITALY 1.6 %
NORWAY 1.3 %
JAPAN 1.2 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-30.8% -30.8% -2.2% -3.1% 4.9%

Market Correlations
versus... Beta R-squared
S&P500 1.50 71%
MSCI EAFE 1.64 84%
MSCI Emg. Mkts. 1.22 59%

Technical Indicators
Recent close $22.43
30d moving avg. $21.56
Annualized volatility 33.5%
Short interest (ETF) 1.2%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 1,003
Turnover 2.0%
Bid/Ask (% of price) 0.06%
ADV underlying (mns) $11,872

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 98 potential alternatives to the iShares Global Energy ETF ETF based on the alternatives' overlap in portfolio holdings with IXC. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IXC Expense: 46 bp ALTAR Score™: 5.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IXC
Ticker Fund
Name
Overlap1
vs IXC
(%)
Expense
ratio
(bp)
Savings
vs IXC
(bp)
ALTAR
Score™
(%)
ALTAR
vs IXC
(%)
FILL iShares MSCI Global Energy Producers ETF 75.0 39 7 5.5 +0.3
XLE Energy Select Sector SPDR Fund 50.4 13 33 3.9 -1.2
FENY Fidelity MSCI Energy Index ETF 50.4 8 38 3.6 -1.6
IYE iShares U.S. Energy ETF 50.4 42 4 3.5 -1.6
VDE Vanguard Energy Index Fund 50.4 10 36 3.5 -1.7
IGE iShares North American Natural Resources ETF 47.3 46 0 3.6 -1.5
JHME John Hancock Multifactor Energy ETF 39.3 40 6 3.4 -1.8
RYE Invesco S&P 500 Equal Weight Energy ETF 34.8 40 6 3.3 -1.9
FXN First Trust Energy AlphaDEX Fund 33.6 65 -19 1.8 -3.4
NANR SPDR S&P North American Natural Resources ETF 33.2 35 11 3.1 -2.1
FTXN First Trust Nasdaq Oil & Gas ETF 32.7 60 -14 2.5 -2.7
GNR SPDR S&P Global Natural Resources ETF 29.5 40 6 5.1 -0.1
XOP SPDR S&P Oil & Gas Exploration & Production ETF 25.3 35 11 3.1 -2.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 24.3 46 0 5.0 -0.2
HDV iShares Core High Dividend ETF 21.8 8 38 6.3 +1.2
HAP VanEck Vectors Natural Resources ETF 18.7 50 -4 4.8 -0.4
IEO iShares U.S. Oil & Gas Exploration & Production ETF 16.4 42 4 3.0 -2.1
EQRR ProShares Equities for Rising Rates ETF 16.1 35 11 6.2 +1.0
FCTR First Trust Lunt U.S. Factor Rotation ETF 16.0 65 -19 1.2 -4.0
GRES IQ Global Resources ETF 16.0 78 -32 5.6 +0.4
PXE Invesco Dynamic Energy Exploration & Production ETF 15.4 63 -17 1.5 -3.7
PXI Invesco DWA Energy Momentum ETF 15.2 60 -14 0.2 -5.0
DFAI Dimensional International Core Equity Market ETF 15.0 18 28 6.3 +1.2
ALTL Pacer Lunt Large Cap Alternator ETF 14.9 60 -14 5.6 +0.4
SPHB Invesco S&P 500 High Beta ETF 14.6 25 21 5.9 +0.8
VRAI Virtus Real Asset Income ETF 13.9 55 -9 8.8 +3.6
GII SPDR S&P Global Infrastructure ETF 12.8 40 6 4.7 -0.5
IGF iShares Global Infrastructure ETF 12.8 46 0 4.7 -0.5
TPYP Tortoise North American Pipeline Fund 12.6 40 6 5.5 +0.3
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 12.6 47 -1 5.2 0.0
ENFR Alerian Energy Infrastructure ETF 12.6 65 -19 3.9 -1.3
USAI Pacer American Energy Independence ETF 12.6 75 -29 3.4 -1.7
FRAK VanEck Vectors Unconventional Oil & Gas ETF 12.5 54 -8 1.4 -3.8
MAGA Point Bridge GOP Stock Tracker ETF 12.5 72 -26 5.3 +0.1
MLPX Global X MLP & Energy Infrastructure ETF 12.4 45 1 3.2 -1.9
GLIF AGFiQ Global Infrastructure ETF 12.3 45 1 4.8 -0.4
BBCA JPMorgan BetaBuilders Canada ETF 12.2 19 27 6.4 +1.3
ZCAN SPDR Solactive Canada ETF 12.2 14 32 6.4 +1.3
EWC iShares MSCI Canada ETF 12.1 51 -5 6.2 +1.0
FIDI Fidelity International High Dividend ETF 12.0 39 7 10.1 +5.0
FLCA Franklin FTSE Canada ETF 11.9 9 37 6.8 +1.6
WBIY WBI Power Factor High Dividend ETF 11.8 70 -24 8.4 +3.2
RDIV Invesco S&P Ultra Dividend Revenue ETF 11.6 39 7 8.7 +3.6
FCG First Trust Natural Gas ETF 11.3 60 -14 1.2 -3.9
PID Invesco International Dividend Achievers ETF 11.2 53 -7 10.2 +5.0
JKI iShares Morningstar Mid-Cap Value ETF 11.0 30 16 7.6 +2.4
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 10.5 75 -29 5.3 +0.1
GBDV Global Beta Smart Income ETF 10.5 29 17 8.3 +3.1
SPYD SPDR S&P 500 High Dividend ETF 10.4 7 39 9.2 +4.0
EWU iShares MSCI United Kingdom ETF 10.2 51 -5 6.4 +1.3
EMLP First Trust North American Energy Infrastructure Fund 9.9 96 -50 5.0 -0.2
ISDX Invesco RAFI Strategic Developed ex-US ETF 9.8 23 23 6.2 +1.0
ZGBR SPDR Solactive United Kingdom ETF 9.8 14 32 6.9 +1.8
INFR Legg Mason Global Infrastructure ETF 9.7 40 6 5.7 +0.5
FLGB Franklin FTSE United Kingdom ETF 9.4 9 37 6.8 +1.7
SPVU Invesco S&P 500 Enhanced Value ETF 9.0 13 33 9.4 +4.3
CRAK VanEck Vectors Oil Refiners ETF 9.0 60 -14 10.5 +5.3
DJD Invesco Dow Jones Industrial Average Dividend ETF 8.6 7 39 6.3 +1.1
EFAS Global X MSCI SuperDividend EAFE ETF 8.5 56 -10 8.0 +2.8
ONEY SPDR Russell 1000 Yield Focus ETF 8.4 20 26 7.2 +2.0
PEY Invesco High Yield Equity Dividend Achievers ETF 8.4 52 -6 8.2 +3.1
DIVO Amplify YieldShares CWP Dividend & Option Income ETF 8.3 49 -3 4.1 -1.1
SDOG ALPS Sector Dividend Dogs ETF 8.3 40 6 8.7 +3.6
VLU SPDR S&P 1500 Value Tilt ETF 8.0 12 34 6.1 +1.0
FNDF Schwab Fundamental International Large Co. Index ETF 7.9 25 21 7.6 +2.4
FOVL iShares Focused Value Factor ETF 7.8 25 21 7.7 +2.6
DVY iShares Select Dividend ETF 7.8 39 7 8.0 +2.9
ESGS Columbia Sustainable U.S. Equity Income ETF 7.7 35 11 7.4 +2.3
FNDX Schwab Fundamental U.S. Large Co. Index ETF 7.4 25 21 5.7 +0.6
FDD First Trust Stoxx European Select Dividend Index Fund 7.4 58 -12 8.7 +3.5
IUS Invesco Strategic US ETF 7.4 19 27 5.4 +0.3
RPV Invesco S&P 500 Pure Value ETF 7.3 35 11 9.9 +4.7
SCHD Schwab U.S. Dividend Equity ETF 7.1 6 40 7.1 +1.9
FDVV Fidelity Core Dividend ETF 7.1 29 17 6.1 +0.9
SDY SPDR S&P Dividend ETF 7.1 35 11 6.4 +1.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 6.9 47 -1 5.9 +0.7
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 6.8 30 16 8.1 +2.9
FNDB Schwab Fundamental U.S. Broad Market Index ETF 6.8 25 21 5.7 +0.5
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 6.7 45 1 7.5 +2.4
VYMI Vanguard International High Dividend Yield ETF 6.7 27 19 8.9 +3.7
DIV Global X SuperDividend US ETF 6.5 46 0 5.3 +0.1
DGT SPDR Global Dow ETF 6.5 50 -4 6.2 +1.0
VYM Vanguard High Dividend Yield Index ETF 6.5 6 40 6.6 +1.5
EWQ iShares MSCI France ETF 6.4 51 -5 5.7 +0.6
FLFR Franklin FTSE France ETF 6.4 9 37 6.2 +1.0
VOOV Vanguard S&P 500 Value ETF 6.4 10 36 6.6 +1.4
IQIN IQ 500 International ETF 6.4 25 21 7.5 +2.4
RWL Invesco S&P 500 Revenue ETF 6.3 39 7 6.2 +1.1
IDOG ALPS International Sector Dividend Dogs ETF 6.2 50 -4 8.1 +2.9
EQAL Invesco Russell 1000 Equal Weight ETF 6.2 20 26 5.0 -0.1
TPHD Timothy Plan High Dividend Stock ETF 6.1 52 -6 5.6 +0.4
SPDV AAM S&P 500 High Dividend Value ETF 6.1 29 17 8.5 +3.3
PRF Invesco FTSE RAFI US 1000 ETF 6.0 39 7 5.8 +0.6
RVRS Reverse Cap Weighted U.S. Large Cap ETF 6.0 29 17 6.1 +0.9
BLES Inspire Global Hope Large Cap ETF 5.9 52 -6 5.5 +0.4
IDV iShares International Select Dividend ETF 5.9 49 -3 8.8 +3.6
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 5.6 19 27 5.3 +0.1
DMDV AAM S&P Developed Markets High Dividend Value ETF 5.6 39 7 9.8 +4.6

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
iShares Global Energy ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 6.0 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 46 bp
Equals: ALTAR Score 5.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.47 CATEGORY
AVERAGE
1.48
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.