|Day Lo||-||Day Hi||-|
This ETF offers exposure to the ex-U.S. financial sector in developed economies, a corner of the global market that is generally one of the more volatile industries. Given the sector-specific focus, IPF probably doesn't make much sense for investors looking to build a long-term portfolio. But this ETF has a number of potential applications for more active traders, including as a tactical tilt towards European and Asian banks or as a part of a long/short trade (long IPF / short XLF, for example). IPF does a pretty good job of spreading around exposure, including more than 100 individual components and avoiding excessive concentrations in any one name (though the comparable AXFN includes many more component companies). IPF is probably of little use to the vast majority of investors, but can be an efficient means of achieving very specific exposure for those with a strong view on the sector.
The adjacent table gives investors an individual Realtime Rating for IPF on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Financials Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
This ETF is not currently available for commission free trading on any platforms.
There are 4 other ETFs in the Financials Equities ETFdb Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of IPF relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.