IGE
iShares North American Natural Resources ETF
The iShares S&P North American Natural Resources Sector Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of U.S.-traded natural resource-related stocks as represented by the S&P North American Natural Resources Sector Index.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
528.2 M
ASSETS UNDER MGMT
41 bp
EXPENSES
Fund Basics
Fund sponsor | Barclays Global Investors |
Category | Global |
Asset class | Equity |
Website | link... |
Inception date | Oct 22, 2001 |
Assets (mns) | $528 |
Expense ratio | 41 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Market Cap |
Weighting | Market Cap |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
EXXON MOBIL CORP | 10.1 % |
CHEVRON CORP | 9.2 % |
CONOCOPHILLIPS | 4.3 % |
ENBRIDGE INC | 3.4 % |
EOG RESOURCES, INC. | 2.8 % |
CANADIAN NATURAL RESOURCES | 2.8 % |
FREEPORT-MCMORAN COPPER | 2.5 % |
NEWMONT MINING CORP | 2.5 % |
SCHLUMBERGER LTD | 2.4 % |
MARATHON PETROLEUM | 2.3 % |
Constituent Breakdown
Number of holdings | 125 |
Herfindahl-Hirschman Index | 318 |
Wgt avg mkt cap (mns) | $112,165 |
Large cap (>$10bn) | 88.3% |
Mid cap ($2-10bn) | 11.0% |
Small cap (<$2bn) | 0.7% |
Developed mkts. | 100.0% |
Emerging mkts. | 0.0% |
Country Exposure
UNITED STATES | 75.6 % | |
CANADA | 20.2 % | |
BRITAIN | 1.1 % | |
NETHERLANDS | 0.6 % |
Historical Performance
Standardized Performance (as of 09/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 10.2% | 9.6% | 16.2% | 18.2% | 12.9% | 3.0% | 8.2% | Volatility | 15.3% | 16.9% | 24.0% | 24.4% | 29.9% | 26.0% | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 0.77 | 34% |
MSCI EAFE | 0.78 | 34% |
MSCI Emg Mkts | 0.51 | 14% |
Liquidity Measures
Avg. volume (000) | 63 |
Turnover | 0.6% |
Avg. Bid/Ask (% of price) | 0.03% |
ADV of underlying (mns) | $12,069 |
Technical Indicators
Recent close | $45.93 |
30d moving avg. | $43.36 |
Annualized volatility | 23.6% |
Relative strength (RSI) | 46 |
Short interest (ETF) | 0.6% |
Short interest (underlying) | 3.9% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. IGE |
Expenses vs. IGE |
ALTAR Score™ vs. IGE |
---|---|---|---|---|
VDE | Vanguard Energy ETF | 62.4% | -31 bp | +0.3% |
FENY | Fidelity MSCI Energy Index ETF | 62.3% | -33 bp | +0.3% |
IYE | iShares U.S. Energy ETF | 59.0% | -1 bp | +0.2% |
XLE | Energy Select Sector SPDR Fund | 52.2% | -32 bp | +0.7% |
FTXN | First Trust Nasdaq Oil & Gas ETF | 51.6% | +19 bp | +1.2% |
IXC | iShares Global Energy ETF | 50.7% | +3 bp | +2.3% |
DRLL | Strive U.S. Energy ETF | 44.5% | 0 bp | +1.4% |
RSPG | Invesco S&P 500 Equal Weight Energy ETF | 42.4% | -1 bp | +1.4% |
FILL | iShares MSCI Global Energy Producers ETF | 41.8% | -2 bp | +3.2% |
FXN | First Trust Energy AlphaDEX Fund | 37.9% | +21 bp | -0.6% |
Risk and Returns: IGE vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 10/4/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
IGE
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
ALTAR Score™
IGE
6.7%
Cat. Avg
4.0%
ALTAR Score™ Calculation
Category Overview
There are 363 funds in the Global Equity category, with an average ALTAR Score™
of 4.0% and a standard deviation of
4.6%. IGE's ALTAR Score™ is approximately
0.6 standard deviations
above
the category average. This places IGE in the 72nd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
IGESELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Rules-Based Global Equity ETFs |
# of ETFs | 191 |
Avg. Expense Ratio | 55.4 bp |
Std. Deviation | 17.5 bp |
IGE (41 bp) Percentile rank | 21 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
IGE | 41.0 | 3.0 | 44 |
Peer Avg. | 56.6 | 40.2 | 96.8 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .