CCNR - ETF AI Analysis

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CoreCommodity Natural Resources ETF (CCNR)

Rating:61Neutral

Price Target:―

CCNR, the CoreCommodity Natural Resources ETF, has a solid overall rating driven mainly by strong, diversified holdings like Hudbay Minerals, Boliden AB, and Lundin Mining, which benefit from solid financial performance, positive technical trends, and supportive earnings calls. However, weaker names such as Fluence Energy, which faces profitability and cash flow issues, and more challenged holdings like Liberty Oilfield Services and South32, slightly weigh on the fund’s appeal. The main risk is its concentration in natural resources and energy-related companies, which can make the ETF more sensitive to commodity price swings and sector-specific downturns.

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)

AUM378.26M

RegionGlobal

Expense Ratio0.39%

Beta0.86

IssuerALPS

Inception DateJul 10, 2024

Dividend Yield2.98%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume5,829

30 Day Avg. Volume46,290

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

38.44

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering277

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 materials and energy, and the miners are currently steering the ship. Hudbay Minerals, Lundin Mining, and Boliden are all rising, giving the fund a solid lift as metals stay in demand. South32 and Capstone Copper are also contributing, though their momentum looks a bit more measured. On the energy side, Liberty Oilfield Services is moving in the right direction, but Murphy Oil is losing steam and quietly dragging on returns. Overall, this is a globally diversified natural-resources play, but very much a bet on metals and energy names.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
HBM	Hudbay Minerals	2.24%	$8.30M	$10.41B	227.84%	76 Outperform
BOL	Boliden AB	2.06%	$7.64M	kr178.38B	90.90%	72 Outperform
LUN	Lundin Mining	1.64%	$6.07M	C$30.53B	227.05%	72 Outperform
LBRT	Liberty Oilfield Services	1.29%	$4.78M	$3.59B	7.36%	69 Neutral
S32	South32	1.25%	$4.62M	AU$20.14B	39.76%	64 Neutral
	―	1.17%	$4.32M	―	―	―
SHLS	Shoals Technologies Group	1.15%	$4.27M	$1.60B	117.01%	67 Neutral
FLNC	Fluence Energy	1.15%	$4.26M	$5.23B	114.64%	55 Neutral
CS	Capstone Copper	1.13%	$4.17M	C$12.02B	108.33%	73 Outperform
MUR	Murphy Oil	1.12%	$4.16M	$4.54B	9.01%	68 Neutral

CCNR Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

33.18

Positive

100DMA

31.52

Positive

200DMA

28.33

Positive

Market Momentum

MACD

1.40

Negative

RSI

86.79

Negative

STOCH

91.20

Negative

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For CCNR, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 35.46, equal to the 50-day MA of 33.18, and equal to the 200-day MA of 28.33, indicating a bullish trend. The MACD of 1.40 indicates Negative momentum. The RSI at 86.79 is Negative, neither overbought nor oversold. The STOCH value of 91.20 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CCNR.

CCNR Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
CCNR	―	―	$378.26M	0.39%	―
BKGI	―	―	$514.97M	0.55%	―
MGNR	―	―	$477.00M	0.75%	―
WGMI	―	―	$326.87M	0.75%	―
ALAI	―	―	$298.01M	0.55%	―
ILDR	―	―	$229.32M	0.75%	―

Performance Comparison

CCNR

CoreCommodity Natural Resources ETF

38.36

15.09

64.85%

BKGI

BNY Mellon Global Infrastructure Income ETF

―

MGNR

American Beacon GLG Natural Resources ETF

―

WGMI

Valkyrie Bitcoin Miners ETF

―

ALAI

Alger AI Enablers & Adopters ETF

―

ILDR

First Trust Innovation Leaders 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: ―

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