iShares North American Natural Resources ETF
IGE - ETF AI Analysis
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iShares North American Natural Resources ETF (IGE)
IGE, the iShares North American Natural Resources ETF, earns a solid overall rating thanks to its heavy exposure to strong energy and resource leaders like Exxon Mobil and Chevron, which bring robust financial performance, cash generation, and strategic growth to the portfolio. High-quality holdings such as Newmont Mining and Canadian Natural further support the fund with profitable operations and bullish outlooks, while more leveraged and technically weaker names like Marathon Petroleum and Enbridge add some risk. The main risk factor is the ETF’s concentration in the natural resources and energy sectors, which can make performance more sensitive to commodity price swings and sector-specific downturns.
IGE vs. SPDR S&P 500 ETF (SPY)
- AUM
- 804.53M
- Region
- North America
- Expense Ratio
- 0.37%
- Beta
- 0.48
- Issuer
- iShares
- Inception Date
- Oct 22, 2001
- Dividend Yield
- 1.96%
- Asset Class
- Equity
- Index Tracked
- S&P North American Natural Resources Sector
IGE Summary
IGE is an ETF that follows the S&P North American Natural Resources Sector index, focusing on companies tied to energy, mining, and other natural resources in the U.S. and Canada. Its top holdings include well-known names like Exxon Mobil and Chevron, giving investors broad exposure to oil, gas, and commodity-related businesses. Someone might invest in IGE to benefit from potential growth in global demand for energy and raw materials, and to add diversification through real assets that can help during inflation. A key risk is that it is heavily dependent on natural resource and energy prices, so its value can rise and fall sharply with commodity markets.
How much will it cost me?
This ETF has an expense ratio of 0.37%, which means you’ll pay about $3.70 per year for every $1,000 invested. That cost is a bit higher than broad market index ETFs because this is a more specialized, sector-focused fund targeting natural resources companies.
What would affect this ETF?
IGE is heavily focused on North American energy and materials companies like Exxon Mobil and Chevron, so it could benefit if oil and commodity demand stays strong, inflation remains elevated, or new technologies and infrastructure increase the need for natural resources. On the negative side, weaker economic growth, lower energy prices, stricter environmental regulations, or a shift away from fossil fuels could hurt profits for its top holdings and weigh on the ETF’s performance.
IGE Top 10 Holdings
IGE is essentially a North American energy play, with Exxon Mobil, Chevron, and ConocoPhillips acting as the main engines of performance as their shares keep rising on strong cash flows and upbeat earnings. Refiners like Marathon Petroleum and Phillips 66 have been powering ahead as well, adding extra thrust to returns. On the flip side, pipeline giant Enbridge has been more of a steady, slower-moving weight, while miners such as Newmont and Freeport-McMoRan show mixed momentum. Overall, the fund is heavily concentrated in oil and gas, with modest materials exposure and little beyond North America.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 XOM | Exxon Mobil | 10.87% | $87.66M | $676.62B | 44.86% | 74Outperform |
 CVX | Chevron | 10.70% | $86.31M | $417.87B | 39.02% | 71Outperform |
 COP | Conocophillips | 4.21% | $33.96M | $161.12B | 59.08% | 78Outperform |
 NEM | Newmont Mining | 3.28% | $26.43M | $125.65B | 46.50% | 81Outperform |
 MPC | Marathon Petroleum | 2.69% | $21.71M | $101.49B | 93.41% | 66Neutral |
 ENB | Enbridge | ― | ― | ― | ― | 69Neutral |
 TSE:CNQ | Canadian Natural | 2.58% | $20.77M | CAD 141.21B | 54.14% | 81Outperform |
 VLO | Valero Energy | 2.57% | $20.69M | $96.62B | 96.84% | 69Neutral |
 PSX | Phillips 66 | 2.52% | $20.34M | $95.85B | 77.80% | 73Outperform |
 AEM | Agnico Eagle | ― | ― | ― | ― | 80Outperform |
IGE Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IGE, the sentiment is Negative. The current price of 61.55 is below the 20-day moving average (MA) of 65.11, below the 50-day MA of 64.57, and above the 200-day MA of 61.11, indicating a neutral trend. The MACD of -0.36 indicates Positive momentum. The RSI at 33.10 is Neutral, neither overbought nor oversold. The STOCH value of 7.96 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IGE.
IGE Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| IGE | $61.55 | $68.00(10.48% Upside) | $804.53M | 0.37% | 72Outperform |
 MLPI | $49.28 | $58.67(19.06% Upside) | $874.02M | 0.68% | 67Neutral |
 NANR | $83.13 | $101.52(22.11% Upside) | $795.31M | 0.35% | 70Outperform |
 UMI | $55.84 | $67.52(20.93% Upside) | $509.03M | 0.69% | 68Neutral |
 MDST | $26.95 | $32.04(18.87% Upside) | $281.19M | 0.80% | 68Neutral |
 USAI | $43.07 | $53.08(23.23% Upside) | $119.18M | 0.75% | 68Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IGE | iShares North American Natural Resources ETF | 61.55 | 13.21 | 27.34% | |
| MLPI | NEOS MLP & Energy Infrastructure High Income ETF | 49.27 | 5.70 | 13.08% | |
| NANR | SPDR S&P North American Natural Resources ETF | 83.13 | 19.11 | 29.85% | |
| UMI | USCF Midstream Energy Income Fund ETF | 55.84 | 9.16 | 19.61% | |
| MDST | Westwood Salient Enhanced Midstream Income ETF | 26.95 | 3.19 | 13.43% | |
| USAI | Pacer American Energy Independence ETF | 43.07 | 6.82 | 18.81% |
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.