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The iShares Global Utilities ETF is designed to mirror the financial returns of a benchmark index, which comprises shares of utility companies worldwide.
Is JXI's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
Water utilities are notably undervalued by 25% versus 11-year averages, while electricity and gas utilities are near historical baselines. iShares Global Utilities ETF offers global diversification but remains U.S.-heavy, with 61% of assets in U.S. companies. Despite outperforming XLU by 8% over the past year, JXI has underperformed XLU by 2.4% annualized since 2006.
Water utilities are undervalued based on historical averages, while electric utilities are overvalued. iShares Global Utilities ETF provides global utilities exposure but remains U.S.-centric, with 62% of assets in U.S. companies. JXI is marginally cheaper than XLU on valuation ratios but lags in historical returns despite recent outperformance.
Electricity is becoming a stronger economic growth engine, powering AI data centres, EVs, heat pumps and industrial decarbonisation. But grids aren't keeping up.
iShares Global Utilities ETF (NYSEARCA:JXI - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $82.43 and traded as high as $87.50. iShares Global Utilities ETF shares last traded at $86.91, with a volume of 11,030 shares. iShares Global Utilities
iShares Global Utilities ETF (NYSEARCA:JXI - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $80.70 and traded as high as $86.31. iShares Global Utilities ETF shares last traded at $83.18, with a volume of 38,821