ENRG - ETF AI Analysis
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Ninepoint North American Energy Independence ETF (ENRG)
ENRG, the Ninepoint North American Energy Independence ETF, earns a solid overall rating largely because several core energy holdings like Suncor Energy, Williams Co, TC Energy, Enbridge, and Enterprise Products Partners combine strong financial performance, positive earnings calls, and attractive dividends to support steady income and growth potential. The rating is held back somewhat by weaker names such as NexGen Energy, which is unprofitable with zero revenue, and Ovintiv, which faces bearish technical signals and valuation concerns. The main risk factor is the fund’s concentration in North American energy and related infrastructure, meaning performance is heavily tied to energy prices, sector cycles, and regional economic conditions.
ENRG vs. SPDR S&P 500 ETF (SPY)
- AUM
- 38.09M
- Region
- North America
- Expense Ratio
- 0.65%
- Beta
- 0.15
- Issuer
- Ninepoint
- Inception Date
- Sep 21, 2026
- Dividend Yield
- N/A
- Asset Class
- Equity
- Index Tracked
- No Underlying Index
ENRG Summary
Ninepoint North American Energy Independence ETF (ENRG) is an energy-focused fund that invests in companies tied to North America’s energy system, mainly in the U.S. and Canada. It doesn’t track a traditional index, but instead selects about 25–50 stocks that support energy independence and security. The ETF holds well-known names like Enbridge and Kinder Morgan, giving investors exposure to pipelines, producers, and related energy businesses. Someone might invest for potential growth in the energy sector and diversification within energy. A key risk is that it is heavily concentrated in energy stocks, so its value can rise or fall sharply with energy prices and market conditions.
How much will it cost me?
This ETF has an annual expense ratio of 0.65%, which means you’ll pay about $6.50 per year for every $1,000 you invest. That’s higher than the average low-cost index ETF because this fund is actively managed and focused on a specialized sector (North American energy), which typically comes with higher management costs.
What would affect this ETF?
This ETF is heavily focused on North American energy companies, so it could benefit if demand for oil, gas, and uranium stays strong, if energy security remains a political priority, and if infrastructure firms like pipelines see steady usage and supportive regulations. On the negative side, it may be hurt by falling energy prices, stricter environmental rules, or an economic slowdown that reduces energy consumption, and its concentration in a single region and sector means performance can swing more sharply than a more diversified fund.
ENRG Top 10 Holdings
This ETF is a pure North American energy play, and lately its uranium bets have been a bit of a headache. Names like NexGen Energy, Cameco, and Uranium Energy have been lagging, acting as a brake on returns. In contrast, pipeline and midstream giants such as Kinder Morgan and TC Energy have been steadier, helping to smooth out the ride, while Canadian producers like Suncor and Ovintiv are rising and quietly pulling performance higher. Overall, the fund is heavily concentrated in energy infrastructure and producers across the U.S. and Canada, with little exposure beyond the region.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 TSE:NXE | NexGen Energy | 5.30% | $2.02M | CAD 7.74B | -15.77% | 53Neutral |
 TSE:CCO | Cameco | 5.15% | $1.96M | CAD 46.86B | -26.55% | 71Outperform |
 UEC | Uranium Energy | 4.82% | $1.84M | $3.82B | -50.35% | 54Neutral |
 KMI | Kinder Morgan | 3.66% | $1.39M | $75.45B | 29.87% | 68Neutral |
 TSE:TRP | TC Energy | 3.63% | $1.38M | CAD 93.94B | 27.67% | 70Outperform |
 WMB | Williams Co | 3.55% | $1.35M | $90.94B | 29.04% | 76Outperform |
 ENB | Enbridge | ― | ― | ― | ― | 69Neutral |
 EPD | Enterprise Products Partners | 3.37% | $1.28M | $82.38B | 20.80% | 73Outperform |
 TSE:OVV | Ovintiv | ― | ― | ― | ― | 60Neutral |
 XOM | Exxon Mobil | 2.89% | $1.10M | $769.96B | 63.27% | 74Outperform |
ENRG Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ENRG, the sentiment is Positive. The current price of 20.20 is above the 20-day moving average (MA) of 19.87, compared to the 50-day MA of , and compared to the 200-day MA of , indicating a neutral trend. The MACD of 0.31 indicates Negative momentum. The RSI at 57.48 is Neutral, neither overbought nor oversold. The STOCH value of 88.02 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ENRG.
ENRG Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| ENRG | $20.21 | $22.00(8.88% Upside) | $38.09M | 0.65% | 71Outperform |
 EMLP | $44.62 | $48.76(9.27% Upside) | $4.32B | 0.95% | 66Neutral |
 MLPI | $53.91 | $58.73(8.94% Upside) | $962.59M | 0.68% | 67Neutral |
 UMI | $61.76 | $67.71(9.64% Upside) | $555.94M | 0.69% | 68Neutral |
 WEEI | $26.13 | $27.44(5.01% Upside) | $117.60M | 0.85% | 75Outperform |
 PIPE | $30.84 | $34.34(11.33% Upside) | $66.78M | 0.75% | 66Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| ENRG | Ninepoint North American Energy Independence ETF | 20.20 | 0.45 | 2.28% | |
| EMLP | First Trust North American Energy Infrastructure Fund | 44.62 | 8.13 | 22.27% | |
| MLPI | NEOS MLP & Energy Infrastructure High Income ETF | 53.91 | 10.33 | 23.71% | |
| UMI | USCF Midstream Energy Income Fund ETF | 61.76 | 16.39 | 36.14% | |
| WEEI | Westwood Salient Enhanced Energy Income ETF | 26.13 | 7.52 | 40.40% | |
| PIPE | Invesco SteelPath MLP & Energy Infrastructure ETF | 30.84 | 8.68 | 39.15% |
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.