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IGE - ETF AI Analysis
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iShares North American Natural Resources ETF (IGE)
Rating:73Outperform
Price Target:―
Positive Factors
Strong Energy Sector Exposure
The ETF is heavily weighted in the energy sector, which has shown steady performance among top holdings like Exxon Mobil and Chevron.
Healthy Year-to-Date Performance
The fund has delivered positive year-to-date returns, indicating solid overall momentum in its portfolio.
Reasonable Expense Ratio
The ETF charges a relatively low expense ratio, making it cost-effective compared to many actively managed funds.
Negative Factors
Over-Concentration in Energy
With nearly 68% of the portfolio in energy stocks, the fund is highly exposed to fluctuations in oil and gas prices.
Underperforming Holdings
Some top holdings, like ConocoPhillips and Canadian Natural, have lagged in performance, which could weigh on future returns.
Limited Geographic Diversification
The ETF is heavily focused on North America, with over 96% of assets in the U.S. and Canada, leaving it vulnerable to regional economic risks.
IGE vs. SPDR S&P 500 ETF (SPY)
AUM629.34M
RegionNorth America
Expense Ratio0.39%
Beta0.66
IssueriShares
Inception DateOct 22, 2001
Dividend Yield2.37%
Asset ClassEquity
Index TrackedS&P North American Natural Resources Sector
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume85,990
30 Day Avg. Volume72,816
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
57.45Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering126
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
IGE Summary
The iShares North American Natural Resources ETF (IGE) is an investment fund that focuses on companies in the natural resources sector, such as energy, mining, and forestry, primarily in North America. It follows the S&P North American Natural Resources Sector index and includes well-known companies like Exxon Mobil and Chevron. This ETF could be a good choice for investors who believe in the growth potential of natural resources or want to diversify their portfolio with exposure to commodities. However, it’s important to know that the ETF’s performance is closely tied to the natural resources market, which can be affected by fluctuating commodity prices and global economic conditions.
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
The iShares North American Natural Resources ETF (IGE) is heavily tilted toward the energy sector, with Exxon Mobil and Chevron leading the charge. Exxon is rising steadily on strong production and technological advancements, while Chevron is lagging due to recent cash flow declines. Canadian Natural is a bright spot, showing solid momentum and a favorable outlook. On the materials side, Barrick Mining and Newmont Mining are shining, benefiting from bullish trends in gold prices and operational efficiency. However, ConocoPhillips is dragging the fund with bearish momentum and cost concerns. Overall, the ETF’s North American focus and commodity-driven theme make it a cyclical play on natural resources.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Exxon Mobil | 10.01% | $63.39M | $495.14B | 10.45% | 74 Outperform | |
| Chevron | 9.05% | $57.28M | $301.06B | 4.63% | 71 Outperform | |
| Conocophillips | 3.82% | $24.19M | $117.34B | -3.10% | 78 Outperform | |
| Newmont Mining | 3.62% | $22.91M | $108.53B | 168.34% | 81 Outperform | |
| Enbridge | 3.38% | $21.40M | $102.36B | 14.81% | 69 Neutral | |
| CRH plc | 2.83% | $17.94M | £61.52B | 26.69% | 76 Outperform | |
| Agnico Eagle | 2.81% | $17.80M | $84.16B | 117.96% | 80 Outperform | |
| Barrick Mining | 2.48% | $15.71M | $73.48B | 188.05% | 80 Outperform | |
| Williams Co | 2.38% | $15.04M | $71.86B | 11.58% | 76 Outperform | |
| Freeport-McMoRan | 2.28% | $14.45M | $68.67B | 25.31% | 67 Neutral |
IGE Technical Analysis
Neutral
―
Price Trends
48.48
Positive
47.61
Positive
45.24
Positive
Market Momentum
0.36
Positive
49.73
Neutral
15.30
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IGE, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 49.49, equal to the 50-day MA of 48.48, and equal to the 200-day MA of 45.24, indicating a neutral trend. The MACD of 0.36 indicates Positive momentum. The RSI at 49.73 is Neutral, neither overbought nor oversold. The STOCH value of 15.30 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IGE.
IGE Peer Comparison
Comparison Results
Performance Comparison
IGE
iShares North American Natural Resources ETF
49.26
8.07
19.59%
IGM
iShares Expanded Tech Sector ETF
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―
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IGV
iShares Expanded Tech-Software Sector ETF
―
―
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NANR
SPDR S&P North American Natural Resources ETF
―
―
―
UMI
USCF Midstream Energy Income Fund ETF
―
―
―
MDST
Westwood Salient Enhanced Midstream Income ETF
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―
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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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