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Should You Invest in the iShares Global Industrials ETF (EXI)?
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The iShares Global Industrials ETF (EXI - Free Report) was launched on 09/12/2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Industrials - Broad segment of the equity market.
Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. They are excellent vehicles for long term investors.
Sector ETFs are also funds of convenience, offering many ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Industrials - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 10, placing it in bottom 38%.
Index Details
The fund is sponsored by Blackrock. It has amassed assets over $229.18 M, making it one of the average sized ETFs attempting to match the performance of the Industrials - Broad segment of the equity market. EXI seeks to match the performance of the S&P Global 1200 Industrials Sector Index before fees and expenses.
The S&P Global 1200 Industrials Sector Index measures the performance of companies that are part of the industrials sector of the economy.
Costs
Investors should also pay attention to an ETF's expense ratio. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same.
Annual operating expenses for this ETF are 0.47%, making it on par with most peer products in the space.
It has a 12-month trailing dividend yield of 1.81%.
Sector Exposure and Top Holdings
ETFs offer a diversified exposure and thus minimize single stock risk but it is still important to delve into a fund's holdings before investing. Most ETFs are very transparent products and many disclose their holdings on a daily basis.
Looking at individual holdings, Boeing (BA - Free Report) accounts for about 4.40% of total assets, followed by 3m (MMM - Free Report) and Siemens N Ag (SIE).
The top 10 holdings account for about 25.35% of total assets under management.
Performance and Risk
The ETF has lost about -0.09% so far this year and is up roughly 8.65% in the last one year (as of 08/08/2018). In that past 52-week period, it has traded between $84.21 and $99.02.
The ETF has a beta of 1.04 and standard deviation of 13.74% for the trailing three-year period, making it a low risk choice in the space. With about 212 holdings, it effectively diversifies company-specific risk.
Bottom Line
To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.
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Should You Invest in the iShares Global Industrials ETF (EXI)?
The iShares Global Industrials ETF (EXI - Free Report) was launched on 09/12/2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Industrials - Broad segment of the equity market.
Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. They are excellent vehicles for long term investors.
Sector ETFs are also funds of convenience, offering many ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Industrials - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 10, placing it in bottom 38%.
Index Details
The fund is sponsored by Blackrock. It has amassed assets over $229.18 M, making it one of the average sized ETFs attempting to match the performance of the Industrials - Broad segment of the equity market. EXI seeks to match the performance of the S&P Global 1200 Industrials Sector Index before fees and expenses.
The S&P Global 1200 Industrials Sector Index measures the performance of companies that are part of the industrials sector of the economy.
Costs
Investors should also pay attention to an ETF's expense ratio. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same.
Annual operating expenses for this ETF are 0.47%, making it on par with most peer products in the space.
It has a 12-month trailing dividend yield of 1.81%.
Sector Exposure and Top Holdings
ETFs offer a diversified exposure and thus minimize single stock risk but it is still important to delve into a fund's holdings before investing. Most ETFs are very transparent products and many disclose their holdings on a daily basis.
Looking at individual holdings, Boeing (BA - Free Report) accounts for about 4.40% of total assets, followed by 3m (MMM - Free Report) and Siemens N Ag (SIE).
The top 10 holdings account for about 25.35% of total assets under management.
Performance and Risk
The ETF has lost about -0.09% so far this year and is up roughly 8.65% in the last one year (as of 08/08/2018). In that past 52-week period, it has traded between $84.21 and $99.02.
The ETF has a beta of 1.04 and standard deviation of 13.74% for the trailing three-year period, making it a low risk choice in the space. With about 212 holdings, it effectively diversifies company-specific risk.
Bottom Line
To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.