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CCNR - ETF AI Analysis
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CoreCommodity Natural Resources ETF (CCNR)
Rating:61Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several of the largest positions, such as Hudbay Minerals and Shoals Technologies Group, have delivered strong year-to-date gains, supporting the ETF's overall performance.
Sector Focus on Materials and Energy
The ETF's heavy exposure to materials and energy sectors aligns well with the demand for natural resources, potentially benefiting from global commodity trends.
Low Expense Ratio
The ETF's expense ratio is relatively low, making it a cost-effective choice for investors seeking exposure to natural resources.
Negative Factors
Underperforming Holdings
Some top holdings, such as South32 and Tyson Foods, have shown weak year-to-date performance, which could drag on the fund's returns.
Geographic Concentration in the USA
With nearly half of its geographic exposure in the USA, the ETF is less diversified globally, increasing sensitivity to U.S. market conditions.
Sector Concentration Risk
The ETF's heavy weighting in materials and energy sectors makes it vulnerable to downturns in commodity prices or sector-specific challenges.
CCNR vs. SPDR S&P 500 ETF (SPY)
AUM410.43M
RegionGlobal
Expense Ratio0.39%
Beta0.86
IssuerALPS
Inception DateJul 10, 2024
Dividend Yield3.58%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,658
30 Day Avg. Volume2,216
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
35.32Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering280
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
CCNR Summary
The CoreCommodity Natural Resources ETF (CCNR) focuses on investing in companies within the natural resources sector, including energy, metals, agriculture, and other essential materials. It provides exposure to industries that are crucial for global economic development. Some of its top holdings include well-known companies like Tyson Foods and Southern Copper. Investors might consider CCNR for diversification or as a hedge against inflation, as natural resources often perform well during periods of economic growth or rising prices. However, new investors should be aware that the ETF’s performance can be impacted by fluctuations 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
The CoreCommodity Natural Resources ETF (CCNR) leans heavily into the materials and energy sectors, with a global mix of holdings that reflect the cyclical nature of natural resources. Lundin Mining and INPEX are rising stars, benefiting from strong momentum and operational execution, while Murphy Oil adds steady performance despite some valuation concerns. On the flip side, Sumitomo Forestry and Liberty Oilfield Services are lagging, weighed down by short-term bearish trends and profitability challenges. Overall, the fund’s focus on essential commodities positions it well for long-term growth, though sector volatility remains a factor.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Hudbay Minerals | 1.88% | $7.36M | $6.89B | 87.51% | 76 Outperform | |
| Boliden AB | 1.80% | $7.03M | kr132.19B | 40.24% | 72 Outperform | |
| Sumitomo Forestry Co | 1.67% | $6.55M | ¥997.44B | -19.67% | 68 Neutral | |
| Lundin Mining | 1.47% | $5.76M | C$21.71B | 96.04% | 67 Neutral | |
| Liberty Oilfield Services | 1.37% | $5.35M | $3.14B | 6.87% | 69 Neutral | |
| Murphy Oil | 1.20% | $4.69M | $4.62B | 7.63% | 68 Neutral | |
| Capstone Copper | 1.19% | $4.65M | C$9.94B | 40.92% | 70 Neutral | |
| Alcoa | 1.12% | $4.39M | $11.51B | 5.79% | 76 Outperform | |
| Shoals Technologies Group | 1.11% | $4.35M | $1.34B | 73.39% | 67 Neutral | |
| INPEX | 1.08% | $4.24M | ¥3.84T | 57.54% | 79 Outperform |
CCNR Technical Analysis
Positive
―
Price Trends
30.65
Positive
29.02
Positive
26.45
Positive
Market Momentum
0.45
Negative
61.87
Neutral
19.72
Positive
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 31.09, equal to the 50-day MA of 30.65, and equal to the 200-day MA of 26.45, indicating a bullish trend. The MACD of 0.45 indicates Negative momentum. The RSI at 61.87 is Neutral, neither overbought nor oversold. The STOCH value of 19.72 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CCNR.
CCNR Peer Comparison
Comparison Results
Performance Comparison
CCNR
CoreCommodity Natural Resources ETF
31.90
8.17
34.43%
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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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