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BKGI - ETF AI Analysis
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BNY Mellon Global Infrastructure Income ETF (BKGI)
Rating:63Neutral
Price Target:―
Positive Factors
Strong Geographic Diversification
The ETF invests across multiple countries, including the USA, France, Italy, and the UK, reducing reliance on a single market.
Solid Sector Focus
The fund's heavy exposure to Utilities and Energy sectors provides stability and potential for steady income.
Healthy Year-to-Date Performance
The ETF has delivered strong year-to-date returns, indicating positive momentum in its holdings.
Negative Factors
High Sector Concentration
Nearly half of the portfolio is concentrated in Utilities, which could expose investors to risks if the sector underperforms.
Mixed Holding Performance
Some top holdings, like Hess Midstream Partners and Oneok, have lagged this year, potentially dragging down overall returns.
Moderate Expense Ratio
The ETF's expense ratio is higher than some low-cost alternatives, which could slightly reduce net returns for investors.
BKGI vs. SPDR S&P 500 ETF (SPY)
AUM387.96M
RegionGlobal
Expense Ratio0.55%
Beta0.35
IssuerBNY Mellon
Inception DateNov 02, 2022
Dividend Yield3.15%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume104,903
30 Day Avg. Volume91,524
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
44.07Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering28
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
BKGI Summary
The BNY Mellon Global Infrastructure Income ETF (BKGI) focuses on companies involved in essential infrastructure like energy grids, transportation networks, and water systems. It includes well-known names such as Dominion Energy and Enel S.p.A., offering exposure to both developed and emerging markets. This ETF might appeal to investors seeking stable, income-generating assets and diversification, as infrastructure tends to be less volatile than other sectors. However, new investors should be aware that the ETF’s performance can be impacted by global economic changes or shifts in government infrastructure spending.
How much will it cost me?The BNY Mellon Global Infrastructure Income ETF (BKGI) has an expense ratio of 0.55%, which means you’ll pay $5.50 per year for every $1,000 invested. This is slightly higher than average because it is actively managed, focusing on a specialized sector like global infrastructure, which requires more research and management expertise.
What would affect this ETF?The BNY Mellon Global Infrastructure Income ETF (BKGI) could benefit from increased global investment in infrastructure projects, driven by urbanization, renewable energy initiatives, and technological advancements. However, it may face challenges from rising interest rates, which could impact the cost of financing for infrastructure companies, and regulatory changes in key sectors like utilities and energy. Its global exposure and focus on stable sectors like utilities and energy provide resilience, but economic slowdowns or geopolitical tensions could negatively affect its performance.
BKGI Top 10 Holdings
The BNY Mellon Global Infrastructure Income ETF (BKGI) is heavily anchored in utilities and energy, with nearly 70% of its portfolio concentrated in these sectors. Engie SA and Bouygues are bright spots, showing rising momentum thanks to strong financials and attractive valuations, while Enel S.p.A. also contributes steady gains despite overbought signals. On the flip side, Hess Midstream Partners is lagging, weighed down by bearish trends and growth challenges. With its global exposure, BKGI offers a balanced mix of developed and emerging market infrastructure players, though its reliance on utilities may limit upside in more volatile markets.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Enel S.p.A. | 8.34% | $19.81M | €88.58B | 25.05% | 69 Neutral | |
| Hess Midstream Partners | 7.02% | $16.67M | $7.21B | -4.20% | 72 Outperform | |
| ― | 6.67% | $15.83M | ― | ― | ― | |
| Dominion Energy | 6.58% | $15.61M | $49.92B | 6.98% | 63 Neutral | |
| ORANGE SA | 5.53% | $13.13M | €36.47B | 42.83% | 65 Neutral | |
| Oneok | 4.85% | $11.51M | $47.17B | -29.28% | 82 Outperform | |
| Enbridge | 4.60% | $10.92M | $104.16B | 11.45% | 69 Neutral | |
| Engie SA | 4.42% | $10.49M | €52.42B | 41.36% | 64 Neutral | |
| Bouygues | 4.06% | $9.64M | €16.72B | 49.65% | 69 Neutral | |
| Omega Healthcare | 3.86% | $9.17M | $13.37B | 14.46% | 76 Outperform |
BKGI Technical Analysis
Positive
―
Price Trends
39.76
Positive
39.10
Positive
37.27
Positive
Market Momentum
0.11
Positive
45.62
Neutral
13.43
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For BKGI, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 40.31, equal to the 50-day MA of 39.76, and equal to the 200-day MA of 37.27, indicating a neutral trend. The MACD of 0.11 indicates Positive momentum. The RSI at 45.62 is Neutral, neither overbought nor oversold. The STOCH value of 13.43 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BKGI.
BKGI Peer Comparison
Comparison Results
Performance Comparison
BKGI
BNY Mellon Global Infrastructure Income ETF
39.93
9.87
32.83%
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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