BKGI - ETF AI Analysis
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BNY Mellon Global Infrastructure Income ETF (BKGI)
Rating:67Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The fund has shown strong year-to-date and steady short-term performance, suggesting its strategy has worked well in the current market.
Solid Top Holdings
Most of the largest positions, including major energy and infrastructure names, have delivered strong gains, helping support the ETF’s overall returns.
Global Infrastructure Diversification
The ETF spreads its investments across several countries and key infrastructure-related sectors like utilities, energy, and real estate, which can help reduce reliance on any single market or industry.
Negative Factors
Meaningful Concentration in Top Positions
A relatively small group of holdings makes up a sizable portion of the portfolio, which increases the impact that problems at those companies could have on the fund.
Sector Concentration in Defensive Areas
Heavy exposure to utilities, energy, and real estate means the fund is less balanced across the broader economy and may be sensitive to changes in interest rates and regulation affecting these sectors.
Moderate Expense Ratio
The fund’s fee is not extremely high but is also not among the lowest, which slightly reduces the net return investors keep over time.
BKGI vs. SPDR S&P 500 ETF (SPY)
AUM1.85B
RegionGlobal
Expense Ratio0.55%
Beta0.26
IssuerBNY Mellon
Inception DateNov 02, 2022
Dividend Yield3.14%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume435,681
30 Day Avg. Volume506,983
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
48.79Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering29
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
BKGI Summary
BNY Mellon Global Infrastructure Income ETF (BKGI) focuses on the global infrastructure theme—things like energy pipelines, power utilities, and real estate tied to essential services. It invests mainly in the U.S. and Europe and holds well-known companies such as Enbridge and Dominion Energy. Investors might consider BKGI for diversification and potential income from businesses that help keep economies running, like utilities and energy networks. However, because it is concentrated in infrastructure and related sectors, its value can go up and down with changes in interest rates, energy prices, and overall market conditions.
How much will it cost me?The BNY Mellon Global Infrastructure Income ETF (BKGI) has an expense ratio of 0.55%, which means you’ll pay $5.50 per year for every $1,000 invested. This is slightly higher than average because it is actively managed, focusing on a specialized sector like global infrastructure, which requires more research and management expertise.
What would affect this ETF?The BNY Mellon Global Infrastructure Income ETF (BKGI) could benefit from increased global investment in infrastructure projects, driven by urbanization, renewable energy initiatives, and technological advancements. However, it may face challenges from rising interest rates, which could impact the cost of financing for infrastructure companies, and regulatory changes in key sectors like utilities and energy. Its global exposure and focus on stable sectors like utilities and energy provide resilience, but economic slowdowns or geopolitical tensions could negatively affect its performance.
BKGI Top 10 Holdings
BKGI is built around global infrastructure, with energy names like Hess Midstream and Naturgy quietly rising over the year and helping to anchor returns, even if their recent momentum has cooled. Aena, a major Spanish airport operator, has been steady over the longer run but is losing a bit of altitude in the short term. On the flip side, Enbridge and European utilities such as Enel and Engie have been lagging lately, acting as a brake on performance. Overall, the fund leans heavily into energy, utilities, and real estate, with a clear global tilt across North America and Europe.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Naturgy Energy Group, S.A. | 7.85% | $145.26M | €28.53B | 13.36% | 71 Outperform | |
| Enbridge | 7.13% | $131.81M | $105.81B | -2.28% | 69 Neutral | |
| Aena SA | 7.06% | $130.63M | €37.32B | 9.16% | 80 Outperform | |
| Hess Midstream Partners | 6.86% | $126.78M | $6.65B | 1.64% | 77 Outperform | |
| Healthpeak Properties | 6.41% | $118.53M | $13.28B | 4.16% | 58 Neutral | |
| Omega Healthcare | 4.53% | $83.80M | $13.46B | 11.50% | 76 Outperform | |
| Enel S.p.A. | 3.78% | $69.96M | €88.03B | 6.50% | 67 Neutral | |
| Bouygues | 3.77% | $69.79M | €15.58B | 5.86% | 76 Outperform | |
| ― | 3.44% | $63.71M | ― | ― | ― | |
| Oneok | 3.39% | $62.61M | $56.61B | 29.98% | 82 Outperform |
BKGI Technical Analysis
Negative
―
Price Trends
43.49
Negative
44.11
Negative
43.46
Negative
Market Momentum
-0.69
Positive
30.90
Neutral
20.25
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For BKGI, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 42.35, equal to the 50-day MA of 43.49, and equal to the 200-day MA of 43.46, indicating a bearish trend. The MACD of -0.69 indicates Positive momentum. The RSI at 30.90 is Neutral, neither overbought nor oversold. The STOCH value of 20.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BKGI.
BKGI Peer Comparison
Comparison Results
Performance Comparison
BKGI
BNY Mellon Global Infrastructure Income ETF
41.19
3.76
10.05%
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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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