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XOM - iShares Global Energy ETF: The Road To Recovery Will Be A Lengthy One
Exxon Mobil Corporation
ETF Overview
iShares Global Energy ETF (IXC) owns a portfolio of global energy stocks. The ETF seeks to track the investment results of the S&P Global 1200 Energy Index and most of the stocks in IXC’s portfolio are large-cap and giant-cap stocks. The outlook of the sector is gloomier due to the outbreak of COVID-19 and the road to recovery may be a lengthy one. Fortunately, most of these stocks are large-cap and giant cap stocks that have been through numerous economic cycles and have the balance sheet to weather this storm. They