JXI: ISHARES GLOBAL UTILITIES ETF
ETF Education Report: ISHARES GLOBAL UTILITIES ETF (JXI)
What this ETF is trying to do
The ISHARES GLOBAL UTILITIES ETF (ticker: JXI) is an exchange-traded fund that focuses on the utilities sector. This means it holds many different companies that provide essential services, like electricity and gas, to people around the world.
What the numbers show
When looking at an ETF, it is important to know the difference between "price return" and "total return."
• Price return only tracks how much the share price itself has changed.
• Total return includes both the change in share price and any cash distributions (dividends) paid out.
For JXI, the numbers show:
• Year-to-Date (YTD): The price return is approximately -1.30%, but the total return is positive at about 0.03%.
• One-Year: The price return was approximately -1.51%, while the total return was about 0.99%.
• Three-Year: The price return grew by approximately 49.60%, and the total return was about 63.73%.
To give you an idea of recent price movement, the current price is $77.63. The estimated price from roughly one year ago was approximately $78.82.
Income and distribution explanation
Some investors look for ETFs that pay out cash, known as distributions. JXI has a distribution yield of approximately 2.64%. This number describes the cash distributions relative to the current ETF price. Over the last 12 months, there were two payouts. It is important to remember that a distribution yield is not the same as total return, and receiving cash does not guarantee your original investment will stay the same value.
NAV erosion explanation
"NAV erosion" is a term used to describe when the value of the underlying assets in a fund decreases over time. StockValueFinder uses an "erosion-risk score" to help measure this risk. JXI has an erosion score of 94, which is labeled as "Stable / sideways" with a "good" severity rating. There is no severe erosion-risk flag for this ETF.
Top Holdings
The following are the top holdings in this fund (note that this is a partial list):
• NextEra Energy Inc: 7.67%
• Iberdrola SA: 6.83%
• Southern Co: 4.63%
• Duke Energy Corp: 4.32%
• Constellation Energy Corp: 4.07%
• National Grid PLC: 3.72%
• Enel SpA: 3.63%
• American Electric Power Co Inc: 3.14%
• Dominion Energy Inc: 2.59%
• Sempra: 2.48%
Pros
• The fund has shown strong total returns over a three-year period.
• The erosion-risk measurement is considered "good" and "stable."
Cons
• The share price has seen slight declines in both the year-to-date and one-year periods.
• Distributions are described as "irregular" or "less frequent."
Beginner takeaway
When studying JXI, notice that while the share price has gone down slightly over the last year, the total return remained positive because of distributions. Always look at both price changes and distributions to understand how an ETF is performing.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NEXTERA ENERGY INC | NEE | 7.67% |
| 2 | IBERDROLA SA | n/a | 6.83% |
| 3 | SOUTHERN CO | SO | 4.63% |
| 4 | DUKE ENERGY CORP | DUK | 4.32% |
| 5 | CONSTELLATION ENERGY CORP | CEG | 4.07% |
| 6 | NATIONAL GRID PLC | n/a | 3.72% |
| 7 | ENEL SPA | n/a | 3.63% |
| 8 | AMERICAN ELECTRIC POWER CO INC | AEP | 3.14% |
| 9 | DOMINION ENERGY INC | D | 2.59% |
| 10 | SEMPRA | SRE | 2.48% |