Summary
JXI Chart
JXI: Utilities Dashboard For July
Water utilities are undervalued based on historical averages, while electric utilities are overvalued. iShares Global Utilities ETF provides global utilities exposure but remains U.S.-centric, with 62% of assets in U.S. companies. JXI is marginally cheaper than XLU on valuation ratios but lags in historical returns despite recent outperformance.
JXI: Three Reasons I Like This Utilities Fund For The Current Environment
JXI: Three Reasons I Like This Utilities Fund For The Current Environment
JXI: Utilities Dashboard For November
This article provides a top-down analysis of the utilities sector, focusing on value and quality metrics. Water utilities are undervalued based on historical averages, while electricity/multi-utilities are moderately overvalued. The iShares Global Utilities ETF provides global diversification and value characteristics in the utilities sector with recent outperformance.
iShares Global Utilities ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 176 | $15,195.84 | $15,023.36 | -$172.48 | -1.14% |
| RS Richard Slavik Newbridge Financial Services Group Inc. | 750 | $48,112.5 | $63,982.5 | $15,870 | 32.99% |
| SAS Stephane Astruc/ Salomon Sebban J. Safra Sarasin Holding AG | 12,631 | $997,738.76 | $1.08M | $80,317.09 | 8.05% |
 Michael Capobianco MWA Asset Management | 1,295 | $111,810.3 | $110,418.17 | -$1,392.13 | -1.25% |
| NZ Nabeed Zaman Eagle Strategies LLC | 5,370 | $418,145.24 | $457,497.15 | $39,351.91 | 9.41% |
iShares Global Utilities ETF (JXI) FAQ
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On which exchange is it traded?
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Does it pay dividends? What is the current yield?
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Has iShares Global Utilities ETF ever had a stock split?
iShares Global Utilities ETF Profile
| ARCA Exchange | US Country |
Overview
This company appears to specialize in investment management, focusing on tracking an index through its investment strategy. It commits at least 80% of its assets to securities or investments that mirror the components of its designated index, ensuring close adherence to the index's performance. The remaining 20% of assets may be allocated to futures, options, and swap contracts, along with cash and cash equivalents, allowing for some degree of liquidity and the ability to hedge or leverage positions as part of its investment strategy.
Products and Services
- Index Tracking Funds
- Derivative Investments
- Cash and Cash Equivalents
These funds are designed to replicate the performance of a specific index. By investing at least 80% of their assets in the components of the index, these funds aim to offer investors a way to gain exposure to a broad market or a specific segment of the market with the convenience of a single investment. The approach minimizes active management in favor of mirroring the index's composition and performance.
Up to 20% of the fund's assets can be invested in derivatives like futures, options, and swap contracts. These financial instruments can be used for hedging against market volatility, speculative purposes, or to gain exposure to various asset classes without directly investing in them. This flexibility allows the fund to potentially enhance returns or manage risk more effectively.
The fund allocates a portion of its assets to cash and cash equivalents. This strategy provides liquidity, making it possible for the fund to react to market opportunities or requirements for redemptions. It also serves as a risk management tool, offering a buffer against market downturns or unexpected financial needs.
