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CCNR - ETF AI Analysis
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CoreCommodity Natural Resources ETF (CCNR)
Rating:60Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Leading Holdings Performing Well
Several of the largest positions, such as Hudbay Minerals, Boliden AB, Lundin Mining, and Fluence Energy, have delivered strong year-to-date results that support the fund’s overall performance.
Global Diversification in Resource Stocks
Holdings spread across the U.S., Canada, Japan, Australia, and several European markets help reduce the impact of weakness in any single country.
Negative Factors
Heavy Concentration in Materials and Energy
With most assets in the materials and energy sectors, the fund is highly sensitive to swings in commodity and resource markets.
Moderate Expense Ratio
The fund’s expense ratio is not especially low, meaning fees take a noticeable, ongoing bite out of returns compared with the cheapest ETFs.
Exposure to Underperforming Holding
Murphy Oil, one of the top positions, has shown weak year-to-date performance, which can drag on the fund if the stock continues to lag.
CCNR vs. SPDR S&P 500 ETF (SPY)
AUM349.12M
RegionGlobal
Expense Ratio0.39%
Beta0.85
IssuerALPS
Inception DateJul 10, 2024
Dividend Yield2.94%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume266,289
30 Day Avg. Volume87,791
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
41.74Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering288
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
CCNR Summary
The CoreCommodity Natural Resources ETF (CCNR) is a fund that focuses on a natural resources theme instead of tracking a traditional index. It invests in companies tied to energy, metals, and agriculture from around the world, with a big tilt toward materials and energy stocks. Examples of holdings include Murphy Oil and Fluence Energy. Someone might invest in CCNR to diversify beyond regular stock market funds and to potentially benefit when commodity prices rise or during inflation. A key risk is that it can be very sensitive to swings in commodity prices and global economic conditions.
How much will it cost me?The CoreCommodity Natural Resources ETF (CCNR) has an expense ratio of 0.39%, which means you’ll pay $3.90 per year for every $1,000 invested. This expense ratio is slightly higher than average because the fund is actively managed to provide specialized exposure to the natural resources sector. Active management often involves higher costs due to the research and strategy required.
What would affect this ETF?The CoreCommodity Natural Resources ETF (CCNR) could benefit from rising global demand for materials and energy as economies grow and infrastructure projects expand, especially in emerging markets. However, it may face challenges from fluctuating commodity prices, regulatory changes in mining and energy sectors, or a slowdown in global economic growth, which could reduce demand for natural resources. Additionally, shifts in energy policies toward renewables might impact traditional energy holdings within the ETF.
CCNR Top 10 Holdings
CCNR is leaning hard into global natural resources, with a clear tilt toward energy and materials names that are doing most of the heavy lifting. Miners like BHP, Teck Resources, and Boliden have been rising, giving the fund a solid backbone as metals demand stays firm. On the energy side, SM Energy and Murphy Oil are also climbing, helping power returns. Capstone Copper has been more mixed, occasionally losing steam and tempering gains. Overall, this is a globally diversified, commodity-focused play rather than a U.S. tech-driven story.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ― | 1.91% | $6.67M | ― | ― | ― | |
| BHP Group Ltd | 1.84% | $6.40M | AU$254.42B | 50.21% | 68 Neutral | |
| Boliden AB | 1.29% | $4.49M | kr175.77B | 67.97% | 72 Outperform | |
| Sumitomo Forestry Co | 1.25% | $4.35M | ¥919.67B | -8.63% | 68 Neutral | |
| SM Energy | 1.20% | $4.18M | $6.20B | -4.93% | 72 Outperform | |
| ― | 1.15% | $4.02M | ― | ― | ― | |
| Sumitomo Metal Mining Co | 1.11% | $3.87M | ¥2.63T | 156.52% | 57 Neutral | |
| Chord Energy | 1.10% | $3.82M | $7.00B | 18.44% | 76 Outperform | |
| ENI S.p.A. | 1.09% | $3.78M | €61.41B | 50.26% | 63 Neutral | |
| Murphy Oil | 1.08% | $3.75M | $4.81B | 31.23% | 68 Neutral |
CCNR Technical Analysis
Neutral
―
Price Trends
37.27
Positive
34.17
Positive
30.49
Positive
Market Momentum
0.52
Positive
50.23
Neutral
18.72
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For CCNR, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 39.52, equal to the 50-day MA of 37.27, and equal to the 200-day MA of 30.49, indicating a neutral trend. The MACD of 0.52 indicates Positive momentum. The RSI at 50.23 is Neutral, neither overbought nor oversold. The STOCH value of 18.72 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for CCNR.
CCNR Peer Comparison
Comparison Results
Performance Comparison
CCNR
CoreCommodity Natural Resources ETF
38.80
16.03
70.40%
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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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