iShares Global Energy ETF (IXC) Valuation
IXC valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 18.1 trailing earnings
- Forward P/E
- 12.1 analyst estimates
- Price / sales
- 1.54
- Price / book
- 2.45
- EV / EBITDA
- 7.8
- Earnings yield
- 5.51% inverse of P/E
- Dividend yield
- 2.47% of the holdings
- Return on equity
- 13.5% combined
- Net margin
- 8.5% combined
- Beta
- 0.43 weighted, vs S&P 500
IXC valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| IXC | 18.1 | 12.1 | 1.54 | 2.45 | 2.47% | 13.5% | 8.5% | 0.0% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
IXC valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Energy | 99.3% | 18.1 | 12.1 | 1.54 | 2.45 | 2.47% | 13.5% |
IXC earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How IXC weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
IXC largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| XOM | Exxon Mobil Corporation | 17.58% | 23.0 | 14.8 | 2.0 | 2.30% | 22.01% |
| CVX | Chevron Corporation | 10.81% | 21.2 | 15.2 | 2.1 | 3.16% | 14.68% |
| SHEL | Shell plc | 7.32% | — | — | — | — | — |
| TTE | TotalEnergies SE | 4.62% | — | — | — | — | — |
| COP | ConocoPhillips | 4.52% | 19.4 | 12.7 | 2.7 | 2.29% | 6.72% |
| MPC | Marathon Petroleum Corporation | 3.29% | 16.6 | 5.5 | 0.9 | 0.84% | 5.73% |
| BP | BP PLC | 3.10% | — | — | — | — | — |
| VLO | Valero Energy Corporation | 2.90% | 18.5 | 10.2 | 1.0 | 1.08% | 4.51% |
| PSX | Phillips 66 | 2.89% | 16.8 | 9.7 | 0.8 | 1.81% | 4.97% |
| CNQ | Canadian Natural Resources Ltd | 2.88% | — | — | — | — | — |
| ENB | Enbridge Inc | 2.72% | — | — | — | — | — |
| SU | Suncor Energy Inc | 2.33% | — | — | — | — | — |
| WMB | The Williams Companies, Inc. | 2.15% | 28.4 | 26.8 | 7.1 | 2.95% | 2.18% |
| EOG | EOG Resources, Inc. | 2.08% | 12.3 | 10.1 | 3.1 | 2.58% | 4.87% |
| SLB | Schlumberger Limited | 1.81% | 23.9 | 15.9 | 2.0 | 2.38% | 2.18% |
| KMI | Kinder Morgan, Inc. | 1.65% | 22.1 | 20.0 | 4.2 | 3.45% | 2.16% |
| TRP | TC Energy Corp | 1.61% | — | — | — | — | — |
| TRGP | Targa Resources Corp. | 1.49% | 28.2 | 23.2 | 3.8 | 1.70% | 1.52% |
| OKE | ONEOK, Inc. | 1.42% | 16.1 | 14.5 | 1.5 | 4.59% | 2.55% |
| ENI | Eni S.p.A. | 1.37% | — | — | — | — | — |
| DVN | Devon Energy Corporation | 1.36% | 11.1 | 9.3 | 3.0 | 2.52% | 3.54% |
| PBR | Petróleo Brasileiro S.A. - Petrobras | 1.29% | 6.6 | 5.4 | 0.3 | 5.50% | 5.67% |
| BKR | Baker Hughes Company | 1.26% | 17.9 | 18.0 | 2.0 | 1.65% | 2.03% |
| PBR | Petróleo Brasileiro S.A. - Petrobras | 1.20% | 6.6 | 5.4 | 0.3 | 5.50% | 5.28% |
| OXY | Occidental Petroleum Corporation | 1.19% | 17.7 | 14.6 | 2.6 | 1.80% | 1.93% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About IXC valuation
Adding up its 24 holdings with company data, IXC trades at 18.1 times trailing earnings and 12.1 times analysts' forward estimates, with a price-to-book ratio of 2.45 and a dividend yield of 2.47%. Its earnings yield of 5.51% is 0.19 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 59.9% of the fund and earn 70.0% of its combined profit. Companies that lost money over the past year are 0.0% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 63.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: IXC chart, IXC performance, IXC holdings, IXC dividends.
IXC valuation FAQ
What is the P/E ratio of IXC?
Based on its holdings, IXC has a trailing P/E of 18.1 and a forward P/E of 12.1 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of IXC?
The trailing earnings yield is 5.51% (1 ÷ P/E) and the forward earnings yield 8.25%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is IXC more expensive than the S&P 500?
IXC trades at 18.1 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 12.1 and 19.9.
What is the price-to-book ratio of IXC?
The holdings of IXC trade at 2.45 times book value, with a combined return on equity of 13.5%.