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, has a solid overall rating driven mainly by large positions in strong, established energy and mining companies like Exxon Mobil, Chevron, Newmont, and ConocoPhillips, which benefit from solid financial performance, positive earnings calls, and, in many cases, attractive dividends. Gold-focused names such as Newmont, Agnico Eagle, and Barrick further support the fund with robust profitability and growth initiatives, though some holdings like Enbridge, Freeport-McMoRan, and Williams introduce risks related to high leverage, operational issues, and valuation concerns. The main risk factor is the fund’s concentration in natural resources and energy, which can make it sensitive to commodity price swings and sector-specific challenges.

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)

AUM843.13M

RegionNorth America

Expense Ratio0.39%

Beta0.67

IssueriShares

Inception DateOct 22, 2001

Dividend Yield2.07%

Asset ClassEquity

Index TrackedS&P North American Natural Resources Sector

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume367,720

30 Day Avg. Volume137,490

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

60.25

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 powerful North American resources wave, with energy giants Exxon Mobil and Chevron doing much of the heavy lifting as their shares keep rising alongside solid cash generation. On the materials side, gold and copper names like Newmont, Agnico Eagle, Freeport-McMoRan, and Barrick are adding extra fuel, benefiting from stronger metals prices and upbeat outlooks. Offsetting some of that momentum, pipeline player Enbridge and building-materials firm CRH look more sluggish, creating a bit of drag. Overall, this is a tightly focused energy-and-mining play rooted firmly in North America.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
XOM	Exxon Mobil	10.58%	$86.84M	$596.31B	32.36%	74 Outperform
CVX	Chevron	9.52%	$78.17M	$356.19B	18.57%	71 Outperform
COP	Conocophillips	3.66%	$30.07M	$128.80B	5.46%	78 Outperform
NEM	Newmont Mining	3.49%	$28.63M	$122.60B	162.99%	81 Outperform
ENB	Enbridge	3.03%	$24.87M	$106.42B	12.95%	69 Neutral
AEM	Agnico Eagle	2.72%	$22.35M	$95.38B	104.97%	80 Outperform
FCX	Freeport-McMoRan	2.46%	$20.19M	$86.49B	68.00%	67 Neutral
WMB	Williams Co	2.34%	$19.18M	$82.14B	21.34%	76 Outperform
CRH	CRH plc	2.33%	$19.16M	£59.83B	10.41%	76 Outperform
CNQ	Canadian Natural	2.21%	$18.10M	C$105.47B	22.60%	81 Outperform

IGE Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

51.57

Positive

100DMA

49.77

Positive

200DMA

46.75

Positive

Market Momentum

MACD

1.73

Negative

RSI

66.16

Neutral

STOCH

70.68

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 54.44, equal to the 50-day MA of 51.57, and equal to the 200-day MA of 46.75, indicating a bullish trend. The MACD of 1.73 indicates Negative momentum. The RSI at 66.16 is Neutral, neither overbought nor oversold. The STOCH value of 70.68 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	―	―	$843.13M	0.39%	―
IGM	―	―	$9.11B	0.39%	―
NANR	―	―	$883.50M	0.35%	―
UMI	―	―	$423.13M	0.69%	―
MDST	―	―	$188.30M	0.80%	―
MLPI	―	―	$127.12M	0.68%	―

Performance Comparison

IGE

iShares North American Natural Resources ETF

56.22

13.31

31.02%

IGM

iShares Expanded Tech Sector ETF

―

NANR

SPDR S&P North American Natural Resources ETF

―

UMI

USCF Midstream Energy Income Fund ETF

―

MDST

Westwood Salient Enhanced Midstream Income ETF

―

MLPI

NEOS MLP & Energy Infrastructure High 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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