IGE - ETF AI Analysis

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iShares North American Natural Resources ETF (IGE)

Rating:73Outperform

Price Target:―

IGE, the iShares North American Natural Resources ETF, earns a solid overall rating driven largely by heavyweight energy names like Exxon Mobil and Chevron, whose strong financial performance, cash generation, and strategic production advances support the fund’s quality. Additional strength comes from well-positioned resource companies such as Newmont Mining and Canadian Natural, which combine solid profitability with generally favorable outlooks. The main risk is the fund’s concentration in natural resources, where names like Enbridge and Freeport-McMoRan face higher leverage and operational or valuation concerns that can add volatility.

Positive Factors

Strong Recent Performance

The ETF has shown solid gains so far this year and in recent months, indicating positive momentum in its natural resources holdings.

Leading Energy and Materials Companies

Several of the largest positions, including major energy and mining firms, have delivered strong or steady performance, helping support the fund’s returns.

Moderate Expense Ratio for a Niche Sector

The fund’s fee is reasonable for a specialized natural resources ETF, allowing investors to access this sector without very high ongoing costs.

Negative Factors

Heavy Concentration in Energy

A large majority of the portfolio is in the energy sector, which increases the fund’s sensitivity to swings in oil and gas markets.

Limited Geographic Diversification

Most holdings are based in the U.S. and Canada, so the fund offers relatively little exposure to other global regions.

Some Notable Lagging Holdings

A few meaningful positions, such as certain pipeline and construction-related companies, have shown weak performance, which can drag on overall returns.

IGE vs. SPDR S&P 500 ETF (SPY)

AUM882.80M

RegionNorth America

Expense Ratio0.39%

Beta0.67

IssueriShares

Inception DateOct 22, 2001

Dividend Yield1.91%

Asset ClassEquity

Index TrackedS&P North American Natural Resources Sector

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume308,532

30 Day Avg. Volume247,249

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

65.43

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering137

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

IGE Summary

The iShares North American Natural Resources ETF (IGE) tracks the S&P North American Natural Resources Sector index, focusing on companies tied to energy, mining, and other natural resources in the U.S. and Canada. Big names like Exxon Mobil and Chevron are among its top holdings. Someone might invest in IGE to benefit from potential growth in oil, gas, and metals, and to add diversification through commodity-related businesses that can help during inflation. A key risk is that it is heavily tied to natural resource and energy prices, so the ETF can rise and fall sharply with commodity markets.

How much will it cost me?The iShares North American Natural Resources ETF (IGE) has an expense ratio of 0.39%, which means you’ll pay $3.90 per year for every $1,000 invested. This is slightly higher than average for ETFs because it is a sector-focused fund, which typically requires more active management compared to broad index funds. However, it provides specialized exposure to the natural resources sector, which may justify the cost for investors seeking this niche focus.

What would affect this ETF?The iShares North American Natural Resources ETF (IGE) could benefit from rising global demand for energy and materials, driven by economic growth and technological advancements in resource extraction. However, it may face challenges from fluctuating commodity prices, stricter environmental regulations, or economic slowdowns that reduce demand for natural resources. Its heavy exposure to energy and materials sectors, along with top holdings like Exxon Mobil and Chevron, makes it particularly sensitive to changes in oil prices and geopolitical events affecting resource supply chains.

IGE Top 10 Holdings

IGE is riding a classic North American resources wave, with Big Oil in the driver’s seat. Exxon Mobil and Chevron are rising and doing much of the heavy lifting, while ConocoPhillips and Canadian Natural add extra fuel to the fund’s energy-heavy tilt. On the materials side, gold names like Newmont and Agnico Eagle have been climbing, giving the portfolio a solid precious-metals backbone, and copper giant Freeport-McMoRan has been a standout. Overall, this is a concentrated bet on North American energy and mining, not a broad global mix.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
XOM	Exxon Mobil	10.44%	$91.71M	$628.18B	38.70%	74 Outperform
CVX	Chevron	9.44%	$82.89M	$378.92B	21.49%	71 Outperform
COP	Conocophillips	3.80%	$33.35M	$142.79B	29.17%	78 Outperform
NEM	Newmont Mining	3.33%	$29.26M	$126.29B	165.08%	81 Outperform
ENB	Enbridge	3.10%	$27.18M	$118.36B	28.71%	69 Neutral
AEM	Agnico Eagle	2.92%	$25.61M	$111.85B	123.71%	80 Outperform
CNQ	Canadian Natural	2.53%	$22.24M	C$129.07B	63.24%	81 Outperform
WMB	Williams Co	2.38%	$20.90M	$91.34B	36.52%	76 Outperform
FCX	Freeport-McMoRan	2.24%	$19.65M	$90.06B	60.69%	67 Neutral
B	Barrick Mining	2.01%	$17.67M	$76.54B	144.19%	80 Outperform

IGE Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

56.75

Positive

100DMA

52.66

Positive

200DMA

49.00

Positive

Market Momentum

MACD

1.46

Positive

RSI

56.65

Neutral

STOCH

25.18

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IGE, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 60.90, equal to the 50-day MA of 56.75, and equal to the 200-day MA of 49.00, indicating a bullish trend. The MACD of 1.46 indicates Positive momentum. The RSI at 56.65 is Neutral, neither overbought nor oversold. The STOCH value of 25.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IGE.

IGE Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
IGE	―	―	$882.80M	0.39%	73 Outperform
IGM	―	―	$8.23B	0.39%	75 Outperform
NANR	―	―	$860.24M	0.35%	73 Outperform
UMI	―	―	$492.71M	0.69%	68 Neutral
MLPI	―	―	$346.19M	0.68%	68 Neutral
MDST	―	―	$217.19M	0.80%	71 Outperform

Performance Comparison

IGE

iShares North American Natural Resources ETF

60.97

19.11

45.65%

IGM

iShares Expanded Tech Sector ETF

―

NANR

SPDR S&P North American Natural Resources ETF

―

UMI

USCF Midstream Energy Income Fund ETF

―

MLPI

NEOS MLP & Energy Infrastructure High Income ETF

―

MDST

Westwood Salient Enhanced Midstream Income 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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