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IGE - ETF AI Analysis

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IGE

iShares North American Natural Resources ETF (IGE)

Rating:72Outperform
Price Target:
IGE, the iShares North American Natural Resources ETF, has a solid overall rating driven by large positions in strong, diversified energy and mining companies like Exxon Mobil and Newmont Mining, which benefit from robust financial performance, efficient operations, and supportive earnings call commentary. Additional support comes from holdings such as ConocoPhillips, Agnico Eagle, Canadian Natural, and Barrick, which combine healthy cash flow, strategic growth projects, and generally favorable technical trends. The main risk factor is the fund’s concentration in natural resources, where names like Enbridge, Williams, and Freeport-McMoRan face higher leverage, valuation concerns, and operational or safety risks 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)

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 powerful North American energy wave, with Exxon Mobil and Chevron acting as the main engines of performance as their shares keep climbing on solid cash generation and upbeat outlooks. ConocoPhillips, EOG Resources, and Canadian Natural add more fuel, giving the fund a strong tilt toward oil and gas producers. On the flip side, gold names like Newmont and Agnico Eagle are losing steam, softening some of the gains. Overall, this ETF is heavily concentrated in energy and materials, with virtually all its story rooted in North American markets.
Name
Company Name
Weight %
Market Value
Market Cap
Yearly Gain
Overall Rating
Exxon Mobil10.93%$97.90M$669.93B35.48%
74
Outperform
Chevron10.11%$90.53M$393.91B18.58%
71
Outperform
Conocophillips4.19%$37.49M$156.92B21.00%
78
Outperform
Enbridge3.04%$27.24M$117.06B18.85%
69
Neutral
Newmont Mining2.85%$25.48M$123.79B133.51%
81
Outperform
Canadian Natural2.66%$23.85MC$134.84B48.09%
81
Outperform
Agnico Eagle2.47%$22.16M$105.28B95.37%
80
Outperform
Williams Co2.30%$20.55M$87.74B16.61%
76
Outperform
EOG Resources2.07%$18.56M$75.33B8.04%
78
Outperform
Freeport-McMoRan2.06%$18.49M$87.96B60.21%
67
Neutral

IGE Technical Analysis

Technical Analysis Sentiment
Positive
Last Price
Price Trends
50DMA
59.91
Positive
100DMA
54.98
Positive
200DMA
50.50
Positive
Market Momentum
MACD
0.74
Negative
RSI
56.51
Neutral
STOCH
69.28
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 61.30, equal to the 50-day MA of 59.91, and equal to the 200-day MA of 50.50, indicating a bullish trend. The MACD of 0.74 indicates Negative momentum. The RSI at 56.51 is Neutral, neither overbought nor oversold. The STOCH value of 69.28 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
$908.24M0.39%
72
Outperform
$780.48M0.35%
73
Outperform
$515.63M0.69%
68
Neutral
$485.30M0.68%
68
Neutral
$231.51M0.80%
71
Outperform
$110.96M0.75%
69
Neutral
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IGE
iShares North American Natural Resources ETF
62.05
19.95
47.39%
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
USAI
Pacer American Energy Independence 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.
DisclaimerThis 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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