Key stats
About ISHARES GLOBAL CONSUMER DISCRETIONARY ETF
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Inception date
Sep 12, 2006
Structure
Open-Ended Fund
Replication method
Physical
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
RXI delivers a compact but diversified basket of large- and mid-cap global consumer discretionary stocks. Index providers have evolving and differing views on how to define consumer stocks, so check the holdings to see if the names align with expectations. The fund excludes small-caps by rule, and holds far fewer names than our benchmark for the space. Still, small caps tend to have small impact in a cap-weighted fund, and their omission helps underlying liquidity at the expense of more complete coverage. On Sept 24, 2019, The fund changed to a capped version of its index, limiting individual positions at 10% and names over 5% to 25% in sum. This effort to decrease concentration is not uncommon but is more aggressive than the 25/50 capping seen in some indexes. Rebalance occurs quarterly.
Classification
What's in the fund
Exposure type
Retail Trade
Consumer Durables
Consumer Services
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.