iShares Global Government Bond Index ETF (CAD-Hedged)iShares Global Government Bond Index ETF (CAD-Hedged)iShares Global Government Bond Index ETF (CAD-Hedged)

iShares Global Government Bond Index ETF (CAD-Hedged)

No trades
No trades

Key stats


Assets under management (AUM)
‪405.45 M‬CAD
Fund flows (1Y)
‪47.04 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
0.4%
Shares outstanding
‪22.85 M‬
Expense ratio
0.23%

Details


Brand
iShares
Home page
Inception date
Sep 21, 2017
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
FTSE WGBI (USD)
Management style
Passive
Dividend treatment
Distributes
Primary advisor
BlackRock Asset Management Canada Ltd.
ISIN
CA46436C1005
CUSIP
46436C100
FIGI
BBG00HSH2LV1
Identifiers
ISIN CA46436C1005
The fund is a passively managed ETF that tracks an index that provides broad exposure to sovereign bonds around the world that are denominated in their local currency. To be selected, investment-grade bonds should have at least one year to maturity and at least 30 years of history available. The fund uses a sampling method in tracking the index, which means it will invest in a sample of securities that collectively have an investment profile similar to that of the underlying index. The index weighted by market value and rebalanced monthly.

Classification


Asset Class
Fixed income
Category
Government, broad-based
Focus
Investment grade
Niche
Broad maturities
Strategy
Vanilla
Geography
Global
Weighting scheme
Market value
Selection criteria
Market value
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Breakdown by region
1%44%32%0.4%21%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently asked questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
XGGB trades at 17.79 CAD today, its price has fallen −0.11% in the past 24 hours. Track more dynamics on XGGB price chart.
XGGB net asset value is 17.71 today — it's fallen 1.13% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
XGGB assets under management is ‪405.45 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
XGGB price has fallen by −1.06% over the last month, and its yearly performance shows a −2.36% decrease. See more dynamics on XGGB price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −1.13% over the last month, showed a −0.92% decrease in three-month performance and has decreased by −0.27% in a year.
XGGB fund flows account for ‪47.04 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
XGGB invests in bonds. See more details in our Profile section.
XGGB expense ratio is 0.23%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, XGGB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, XGGB technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating XGGB shows the strong sell signal. See more of XGGB technicals for a more comprehensive analysis.
XGGB trades at a premium (0.40%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
XGGB shares are issued by BlackRock, Inc.
XGGB follows the FTSE WGBI (USD). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 21, 2017.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.