BLackRock's iShares Global Energy ETF (IXC): This Energy ETF Could Be a Smart 2026 Hedge amid Spiking Oil Prices
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BlackRock's iShares Global Energy ETF (IXC) is gaining traction as a defensive investment amid rising Brent crude prices, now nearing $116/bbl. The ETF offers exposure to major global oil and gas companies, providing a hedge against geopolitical risks and supply disruptions. With a dividend yield of approximately 2.8%, IXC is seen as a way to balance portfolios during market volatility. Currently trading at $55.14, close to its 52-week high, IXC has a Moderate Buy consensus from analysts, with a price target suggesting limited near-term upside.
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