IXC vs. GNR - ETF Comparison
IXC - iShares Global Energy ETF
The iShares Global Energy ETF provides exposure to the global energy industry, with a focus on large-cap companies. It tracks the S&P Global 1200 Energy 4.5/22.5/45 Capped Index, offering a market-cap weighted portfolio of energy stocks from around the world, with a significant tilt towards the US. This ETF can be a useful tool for investors seeking to tilt their overall exposure towards the energy sector or for use in a long/short pairs trade.
GNR - SPDR S&P Global Natural Resources ETF
The SPDR S&P Global Natural Resources ETF provides broad-based exposure to commodities through a global portfolio of large-cap companies, offering investors a diversified way to gain exposure to natural resources and potentially hedge against inflation.
| IXC | GNR | |
|---|---|---|
| Fund Name | iShares Global Energy ETF | SPDR S&P Global Natural Resources ETF |
| Fund Provider | BlackRock | State Street |
| Index | S&P Global 1200 Energy 4.5/22.5/45 Capped Index - Benchmark TR Net | S&P Global Natural Resources Index |
| Asset Class | Equity | Equity |
| Listing | US-listed | US-listed |
| Expense Ratio | 0.44% | 0.40% |
| Inception Date | 2001-11-12 | 2010-09-13 |
| Number Of Holdings | 54 | 91 |
| Region | Global | Global |
| Investment Style | Value | Blend |
| Market Cap | Large-Cap | Large-Cap |
| Sector | Energy | Energy |
| Leveraged | Non-leveraged | Non-leveraged |
Select Timeframe
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Performance Analysis
The performance analysis examines historical data to assess the returns of the investment strategy, including key metrics such as Cumulative returns, End of Year (EoY) returns, and risk-adjusted returns like the Sharpe ratio or the Sortino ratio.
Cumulative Returns
End of Year Returns Table
End of Year Returns
Risk Analysis
The risk analysis refers to an assessment of potential negative events that could lead to a loss of capital. Conducting a risk analysis can help in deciding whether an investment should be made. This is done using risk metrics such as drawdowns, volatility and beta which reflect stakeholders' confidence in the consistency of an investment strategy.
Drawdowns
Drawdowns Table
Monte Carlo Simulation
The Monte Carlo simulation is a statistical method used to forecast portfolio returns by generating a wide range of potential outcomes through random sampling from historical asset price data. It helps investors assess the potential risk and return of a portfolio under various market conditions. The simulation takes into account the initial investment and optionally simulates cash flow scenarios like fixed contributions, fixed withdrawals, or percentage withdrawals.
IMPORTANT: The forecast generated through Monte Carlo simulations is purely hypothetical and does not guarantee future returns. Investment decisions should be made with consideration of various factors, and past performance is not indicative of future results.