FILL’s U.S. exposure is 720 basis points below that of IXC. The former features a combined 6.6% weight to China, Russia and Brazil, meaning its emerging markets exposure is double that of IXC’s.
Although slight, FILL does have some exposure to Russian energy firms, a potential advantage given the deep discounts at which those companies currently trade and the expect dividend growth those firms are forecast to deliver in the years ahead. [Russia ETFs Hold Some Cheap Stocks]
FILL’s top-10 holdings are standard fare among global energy ETFs that feature U.S. exposure, including a 22.2% combined weight to Dow components Exxon Mobil (NYSE: XOM) and Chevron (NYSE: CVX). Royal Dutch Shell (NYSE: RDS-A), BP (NYSE: BP) and Total (NYSE: TOT) combine for nearly 19% of the ETF’s weight. FILL sports a trailing 12-month yield of 2.3% and an annual expense ratio of 0.39%.
iShares MSCI Global Energy Producers ETF
ETF Trends editorial team contributed to this post.