IOO: ISHARES GLOBAL 100 ETF
Share-split context: A forward split was recorded on May 2, 2018 with coefficient 2. A forward split turns each old share into multiple new shares and lowers the quoted price per share proportionally. Proportional ownership is unchanged at the split moment, so the split itself creates neither a gain nor a loss. The price-return figures in this report are already split-adjusted.
ISHARES GLOBAL 100 ETF (IOO) Report
What this ETF is trying to do
The ISHARES GLOBAL 100 ETF (ticker: IOO) is an exchange-traded fund designed to provide exposure to a group of large global companies. It holds 117 different holdings in total.
Top Holdings
The following are the top holdings in this portfolio. Please note that this list is partial and does not include all 117 companies held by the fund. Holdings can change over time.
• NVIDIA CORP (13.13%)
• APPLE INC (11.16%)
• MICROSOFT CORP (8.81%)
• AMAZON.COM INC (6.04%)
• ALPHABET INC CLASS A (4.77%)
• BROADCOM INC (4.19%)
• ALPHABET INC CLASS C (3.81%)
• SAMSUNG ELECTRONICS CO LTD (2.36%)
• JPMORGAN CHASE & CO (2.27%)
• ELI LILLY AND CO (2.14%)
What the numbers show
The performance of IOO can be looked at in two ways: price return and total return. Price return only tracks how the share price changes. Total return includes both the share price change and any distributions (cash payments) received.
• Year-to-Date (YTD): The price return is approximately 15.44%, while the total return is approximately 16.04%.
• One-Year: The price return is approximately 20.58%, while the total return is approximately 21.64%.
• Three-Year: The price return is approximately 97.50%, while the total return is approximately 103.94%.
• Five-Year: The total return is approximately 115.89%.
This ETF has a history of forward splits. In a forward split, each old share becomes multiple new shares. This causes the price per share to fall proportionally, but your total ownership stays the same. The split itself does not create a gain or a loss.
Income and distribution explanation
IOO has a distribution yield of approximately 0.80%. This number describes the cash distributions relative to the ETF price. The fund has paid out trailing distributions of approximately 1.17. The distribution frequency is described as irregular or less frequent, with two payouts recorded in the last 12 months.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the fund's underlying assets). 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.
Regarding price erosion, 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.
Pros
• The fund has shown positive price and total returns over the one-year, three-year, and five-year periods.
• The income rating score is 84, which is a grade of "A."
Cons
• The distribution frequency is irregular, meaning payments do not happen on a set schedule.
Beginner takeaway
When researching IOO, it is important to distinguish between price return and total return. While the share price has grown significantly over the last three years, the total return is even higher because it accounts for the cash distributions paid to investors. Additionally, while the fund provides some income, a high distribution yield is not a guarantee of total return or principal stability.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NVIDIA CORP | NVDA | 13.13% |
| 2 | APPLE INC | AAPL | 11.16% |
| 3 | MICROSOFT CORP | MSFT | 8.81% |
| 4 | AMAZON.COM INC | AMZN | 6.04% |
| 5 | ALPHABET INC CLASS A | GOOGL | 4.77% |
| 6 | BROADCOM INC | AVGO | 4.19% |
| 7 | ALPHABET INC CLASS C | GOOG | 3.81% |
| 8 | SAMSUNG ELECTRONICS CO LTD | n/a | 2.36% |
| 9 | JPMORGAN CHASE & CO | JPM | 2.27% |
| 10 | ELI LILLY AND CO | LLY | 2.14% |