iShares Global Utilities ETF(AMEX:JXI)

JXI is a concentrated play on global utilities. Although the sector might be dominated by a few regions, the fund does not limit itself geographically and will invest in companies from around the world. JXI holds committee-picked companies from the S&P 1200 classified by GICS as utilities. The fund also uses a sampling method, 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 is market-cap-weighted, with a cap of 10% per issuer, and is rebalanced quarterly. Prior to May 3, 2021, the fund tracked an uncapped version of its index.