BKGI - ETF AI Analysis

Top Page

BNY Mellon Global Infrastructure Income ETF (BKGI)

Rating:63Neutral

Price Target:―

The BNY Mellon Global Infrastructure Income ETF (BKGI) has a solid overall rating, driven by strong contributions from holdings like Oneok (OKE), which benefits from effective cost management, revenue growth, and strategic acquisitions, alongside a high dividend yield and bullish momentum. Another standout is Omega Healthcare (OHI), which demonstrates strong financial performance and strategic investments, though it faces valuation and regulatory risks. However, weaker holdings such as Dominion Energy (D), with bearish momentum and liquidity concerns, and Orange SA (FR:ORA), with declining revenue and free cash flow, may have slightly weighed on the fund's overall rating. A key risk factor for the ETF is its exposure to companies with high leverage, which could impact stability during economic downturns.

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)

AUM429.62M

RegionGlobal

Expense Ratio0.55%

Beta0.36

IssuerBNY Mellon

Inception DateNov 02, 2022

Dividend Yield2.62%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume87,460

30 Day Avg. Volume102,065

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

44.30

Price 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) leans heavily into utilities and energy, with nearly 70% of its portfolio tied to these sectors. While European names like Bouygues and Engie are rising on strong fundamentals and bullish trends, U.S.-based Dominion Energy and Enbridge are lagging due to bearish momentum and financial challenges. Hess Midstream is also struggling, holding back the fund’s energy exposure. Overall, BKGI’s global focus provides a balanced mix of steady performers and laggards, but its reliance on utilities and energy makes it sensitive to sector-specific headwinds.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
ENEL	Enel S.p.A.	8.34%	$19.81M	€94.15B	31.65%	67 Neutral
HESM	Hess Midstream Partners	7.02%	$16.67M	$6.90B	-12.59%	77 Outperform
	―	6.67%	$15.83M	―	―	―
D	Dominion Energy	6.58%	$15.61M	$48.74B	5.86%	63 Neutral
ORA	ORANGE SA	5.53%	$13.13M	€38.43B	51.97%	65 Neutral
OKE	Oneok	4.85%	$11.51M	$44.50B	-29.67%	82 Outperform
ENB	Enbridge	4.60%	$10.92M	$98.62B	2.88%	69 Neutral
ENGI	Engie SA	4.42%	$10.49M	€57.36B	50.38%	64 Neutral
EN	Bouygues	4.06%	$9.64M	€17.68B	61.96%	76 Outperform
OHI	Omega Healthcare	3.86%	$9.17M	$13.34B	18.11%	76 Outperform

BKGI Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

40.07

Positive

100DMA

39.22

Positive

200DMA

37.80

Positive

Market Momentum

MACD

0.20

Negative

RSI

60.49

Neutral

STOCH

64.34

Neutral

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 40.26, equal to the 50-day MA of 40.07, and equal to the 200-day MA of 37.80, indicating a bullish trend. The MACD of 0.20 indicates Negative momentum. The RSI at 60.49 is Neutral, neither overbought nor oversold. The STOCH value of 64.34 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BKGI.

BKGI Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
BKGI	―	―	$429.62M	0.55%	―
CCNR	―	―	$343.36M	0.39%	―
ALAI	―	―	$299.93M	0.55%	―
WGMI	―	―	$299.84M	0.75%	―
ILDR	―	―	$223.20M	0.75%	―
TMAT	―	―	$204.13M	0.85%	―

Performance Comparison

BKGI

BNY Mellon Global Infrastructure Income ETF

40.71

11.37

38.75%

CCNR

CoreCommodity Natural Resources ETF

―

ALAI

Alger AI Enablers & Adopters ETF

―

WGMI

Valkyrie Bitcoin Miners ETF

―

ILDR

First Trust Innovation Leaders ETF

―

TMAT

Main Thematic Innovation ETF

―

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: ―

Table of Contents