iShares Global Energy ETF IXC NYSE

iShares Global Energy ETF (IXC) is a non-diversified exchange-traded fund that invests at least 80% of its assets in component securities of its underlying index, focusing on companies in the global energy sector. The fund may allocate up to 20% of its assets to derivatives such as futures, options, and swap contracts, along with cash and cash equivalents. The underlying index is designed to measure the performance of energy companies that are deemed significant to global markets by the index provider. By tracking this index, the fund provides investors with exposure to major players in the worldwide energy industry.