EXI: ISHARES GLOBAL INDUSTRIALS ETF
What this ETF is trying to do
The ISHARES GLOBAL INDUSTRIALS ETF (ticker: EXI) is designed to provide exposure to the global industrials sector. This means the fund invests in companies that typically make large machines, provide aerospace technology, or manage industrial infrastructure. According to the top holdings data, the fund includes companies like Caterpillar Inc, GE Aerospace, and GE Vernova Inc. Because it holds 202 total holdings, it spreads its investment across many different businesses in this sector.
What the numbers show
When looking at how EXI has performed, it is important to distinguish between "price return" and "total return." Price return only tracks the change in the share price, while total return includes both price changes and the value of distributions (cash payments).
• Year-to-Date (YTD): The price return is approximately 9.76%, while the total return is approximately 10.40%.
• One-Year: The price return was approximately 9.87%, and the total return was approximately 11.13%.
• Three-Year: The price return was approximately 71.77%, and the total return was approximately 79.02%.
• Five-Year: The five-year total return was approximately 76.27%.
To give a sense of scale, the current price is $192.46. An estimated price from roughly one year ago was approximately $175.17.
Income and distribution explanation
EXI provides cash distributions to investors, but they do not happen on a regular monthly schedule. The distribution frequency is described as "irregular" or "less frequent," with only 2 payouts recorded in the last 12 months. The distribution yield is approximately 1.10%. This yield represents the cash distributions relative to the current ETF price.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, looking at price-based evidence, the fund has an erosion score of 100, which is labeled as "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag present.
Pros
• Strong Price Growth: The fund has shown significant positive price returns over the last three years.
• Positive Total Returns: The total return figures are higher than the price return figures, showing that distributions have added value to the overall performance.
• Low Erosion Risk: Based on the supplied erosion-risk measurements, there is no detected price erosion.
Cons
• Irregular Income: The distributions are not frequent, which may be a factor for those looking for steady monthly cash flow.
• Sector Concentration: The fund is focused specifically on the industrial sector, meaning its performance is tied to how that specific industry performs.
Beginner takeaway
The ISHARES GLOBAL INDUSTRIALS ETF (EXI) has shown strong growth in both share price and total return over the last several years. While it pays distributions, they are not frequent. Investors should remember that a distribution yield is a measure of cash paid out and is separate from the total return of the investment.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | CATERPILLAR INC | CAT | 3.82% |
| 2 | GE AEROSPACE | GE | 3.32% |
| 3 | GE VERNOVA INC | GEV | 2.60% |
| 4 | RTX CORP | RTX | 2.57% |
| 5 | SIEMENS AG | n/a | 2.31% |
| 6 | SCHNEIDER ELECTRIC SE | n/a | 1.85% |
| 7 | DEERE & CO | DE | 1.73% |
| 8 | EATON CORP PLC | ETN | 1.71% |
| 9 | ROLLS-ROYCE HOLDINGS PLC | n/a | 1.66% |
| 10 | UNION PACIFIC CORP | UNP | 1.66% |