NANR - ETF AI Analysis
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SPDR S&P North American Natural Resources ETF (NANR)
Rating:73Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains so far this year and in recent months, indicating positive momentum in its natural resources holdings.
Leading Energy and Materials Companies
Many of the largest positions, including major energy and mining firms, have delivered solid performance, helping drive the fund’s returns.
Focused North American Exposure
The fund’s primary exposure to the U.S. and Canada gives investors targeted access to North American natural resource companies.
Negative Factors
Sector Concentration Risk
Heavy weighting in materials and energy means the ETF can be hit hard if commodity or resource-related sectors weaken.
Single-Region Dependence
With almost all assets in North America, the fund offers limited geographic diversification and is sensitive to regional economic conditions.
Underperforming Holding in Top Positions
At least one of the larger mining holdings has shown weak performance this year, which can drag on overall fund results.
NANR vs. SPDR S&P 500 ETF (SPY)
AUM785.72M
RegionNorth America
Expense Ratio0.35%
Beta0.69
IssuerState Street
Inception DateDec 15, 2015
Dividend Yield1.46%
Asset ClassEquity
Index TrackedS&P BMI North American Natural Resources Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume26,097
30 Day Avg. Volume73,857
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
99.03Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering205
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
NANR Summary
NANR is the SPDR S&P North American Natural Resources ETF, which follows the S&P BMI North American Natural Resources Index. It invests in U.S. and Canadian companies tied to natural resources like energy, metals, and agriculture. Big names in the fund include Exxon Mobil and Chevron, along with major mining and fertilizer companies. Someone might invest in NANR to gain diversified exposure to commodities and resource producers, which can benefit when demand for energy and raw materials rises or during periods of inflation. A key risk is that it is heavily tied to natural resource and energy prices, so the ETF can go up or down sharply with commodity markets.
How much will it cost me?The SPDR S&P North American Natural Resources ETF (NANR) has an expense ratio of 0.35%, which means you’ll pay $3.50 per year for every $1,000 invested. This cost is slightly higher than average for passively managed ETFs because it focuses on a specific sector, requiring more specialized management.
What would affect this ETF?The SPDR S&P North American Natural Resources ETF (NANR) could benefit from rising global demand for energy and raw materials, especially as inflation increases, which historically strengthens natural resource investments. However, it may face challenges from fluctuating commodity prices, regulatory changes in the energy and mining sectors, 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 sensitive to oil price volatility and geopolitical events affecting resource production.
NANR Top 10 Holdings
NANR is tightly hitched to North American natural resources, with a heavy tilt toward energy and materials names that live and die by commodity swings. Exxon Mobil and Chevron have been losing a bit of steam lately, acting as a mild drag even though their longer-term trend is still constructive. On the brighter side, copper-focused Freeport-McMoRan and ConocoPhillips are doing much of the heavy lifting, while gold names like Newmont and Agnico Eagle are more of a mixed bag. Overall, this is a concentrated bet on North American resource producers.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Exxon Mobil | 8.81% | $69.84M | $618.95B | 36.42% | 74 Outperform | |
| Chevron | 6.13% | $48.60M | $369.57B | 31.89% | 71 Outperform | |
| Newmont Mining | 4.81% | $38.11M | $128.85B | 114.68% | 81 Outperform | |
| Agnico Eagle | 3.67% | $29.05M | $100.45B | 66.47% | 80 Outperform | |
| Corteva | 3.21% | $25.44M | $53.57B | 29.01% | 75 Outperform | |
| Freeport-McMoRan | 3.20% | $25.37M | $87.74B | 62.65% | 67 Neutral | |
| Conocophillips | 2.63% | $20.86M | $148.41B | 30.94% | 78 Outperform | |
| Barrick Mining | 2.53% | $20.03M | $68.98B | 110.72% | 80 Outperform | |
| Wheaton Precious Metals | 2.31% | $18.31M | $63.43B | 66.33% | 79 Outperform | |
| Nutrien | 2.06% | $16.31M | $34.53B | 30.23% | 75 Outperform |
NANR Technical Analysis
Neutral
―
Price Trends
82.90
Negative
78.29
Positive
70.05
Positive
Market Momentum
-0.02
Positive
46.99
Neutral
41.58
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For NANR, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 83.45, equal to the 50-day MA of 82.90, and equal to the 200-day MA of 70.05, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 46.99 is Neutral, neither overbought nor oversold. The STOCH value of 41.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for NANR.
NANR Peer Comparison
Comparison Results
Performance Comparison
NANR
SPDR S&P North American Natural Resources ETF
82.41
31.08
60.55%
IGE
iShares North American Natural Resources ETF
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MLPI
NEOS MLP & Energy Infrastructure High Income ETF
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UMI
USCF Midstream Energy Income Fund ETF
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MDST
Westwood Salient Enhanced Midstream Income ETF
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USAI
Pacer American Energy Independence ETF
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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.
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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