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NANR - ETF AI Analysis
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SPDR S&P North American Natural Resources ETF (NANR)
Rating:72Outperform
Price Target:
$72.00
Positive Factors
Strong Natural Resources Focus
The ETF benefits from exposure to energy and materials sectors, which have shown solid performance in key holdings like Newmont Mining and Agnico Eagle.
Healthy Geographic Diversification
While primarily focused on the U.S., the fund includes Canadian and Swiss companies, adding some international exposure.
Reasonable Expense Ratio
The ETF charges a competitive expense ratio, making it cost-effective compared to many similar funds.
Negative Factors
Sector Concentration Risk
The fund is heavily concentrated in energy and materials, which could lead to volatility if these sectors face downturns.
Mixed Performance in Top Holdings
While some holdings like Newmont Mining have performed strongly, others like ConocoPhillips have lagged, creating uneven momentum.
Limited Global Exposure
With nearly 90% of its assets in U.S. companies, the ETF offers minimal diversification outside North America.
NANR vs. SPDR S&P 500 ETF (SPY)
AUM707.08M
RegionNorth America
Expense Ratio0.35%
Beta0.71
IssuerSPDR
Inception DateDec 15, 2015
Dividend Yield1.81%
Asset ClassEquity
Index TrackedS&P BMI North American Natural Resources Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume20,173
30 Day Avg. Volume36,431
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
75.83Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering176
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
NANR Summary
The SPDR S&P North American Natural Resources ETF (NANR) focuses on companies involved in natural resources like energy, metals, and agriculture. It tracks the S&P BMI North American Natural Resources Index, giving investors exposure to major players such as Exxon Mobil and Chevron. This ETF is a good choice for those looking to diversify their portfolio with assets tied to commodities, which can also act as a hedge against inflation. However, new investors should be aware that its performance is closely tied to the natural resources sector, which can be impacted by fluctuating commodity prices and global demand.
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
The SPDR S&P North American Natural Resources ETF leans heavily into energy and materials, with Exxon Mobil and Chevron anchoring its energy exposure. Exxon is steady, buoyed by strong production, while Chevron has been lagging due to cash flow concerns. On the materials side, Newmont Mining and Barrick Mining are rising stars, benefiting from bullish sentiment in gold markets. However, ConocoPhillips and Freeport-McMoRan are dragging the fund, with bearish momentum and cost pressures weighing on performance. This ETF’s North American focus makes it a concentrated play on regional natural resource giants.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Exxon Mobil | 10.54% | $74.27M | $493.75B | -3.87% | 75 Outperform | |
| Chevron | 7.39% | $52.06M | $301.99B | -7.62% | 74 Outperform | |
| Newmont Mining | 4.22% | $29.73M | $91.11B | 92.46% | 81 Outperform | |
| Agnico Eagle | 3.75% | $26.40M | $80.30B | 89.80% | 80 Outperform | |
| Barrick Mining | 2.89% | $20.34M | $61.67B | 100.60% | 78 Outperform | |
| Corteva | 2.83% | $19.96M | $44.29B | 7.04% | 75 Outperform | |
| Conocophillips | 2.79% | $19.67M | $107.96B | -21.82% | 75 Outperform | |
| Freeport-McMoRan | 2.67% | $18.79M | $57.25B | -8.81% | 67 Neutral | |
| Wheaton Precious Metals | 2.12% | $14.97M | $45.05B | 55.57% | 74 Outperform | |
| Canadian Natural | 1.82% | $12.81M | C$98.14B | -4.05% | 80 Outperform |
NANR Technical Analysis
Neutral
―
Price Trends
64.05
Negative
61.74
Positive
57.78
Positive
Market Momentum
0.11
Positive
47.44
Neutral
28.56
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 63.75, equal to the 50-day MA of 64.05, and equal to the 200-day MA of 57.78, indicating a neutral trend. The MACD of 0.11 indicates Positive momentum. The RSI at 47.44 is Neutral, neither overbought nor oversold. The STOCH value of 28.56 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
63.50
7.03
12.45%
IGM
iShares Expanded Tech Sector ETF
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IGV
iShares Expanded Tech-Software Sector ETF
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IGE
iShares North American Natural Resources 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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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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