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IXC - IXC: A Good Satellite Holding To Take Advantage Of An Energy Market Recovery
iShares Global Energy
ETF Overview
iShares Global Energy ETF (IXC) owns a portfolio of global giant and large-cap stocks in the energy sector. The ETF seeks to track the investment results of the S&P Global 1200 Energy Index. Stocks in IXC’s portfolio are highly cyclical. Fortunately, most of these stocks are large-cap and giant cap stocks that have been through numerous economic cycles. Stocks in IXC’s portfolio have good cash flow growth prospects than the S&P 500 Index but with much lower valuation. We think IXC is a good satellite holding to take advantage of an