Ishares North American Etf Profile
| IGE Etf | USD 47.17 0.84 1.75% |
Performance8 of 100
| Odds Of DistressLess than 34
|
IShares North is trading at 47.17 as of the 26th of November 2024, a 1.75 percent decrease since the beginning of the trading day. The etf's lowest day price was 47.15. IShares North has about a 34 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for iShares North American are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
The fund generally invests at least 80 percent of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index and may invest up to 20 percent of its assets in certain futures, options and swap contracts, cash and cash equivalents. More on iShares North American
Moving together with IShares Etf
IShares Etf Highlights
| Chairman | Lee Kranefuss |
| Thematic Ideas | (View all Themes) |
| Old Names | [IGE+XAO SA, Integrated Green Energy Solutions Ltd] |
| Business Concentration | Sector ETFs, Materials ETFs, Natural Resources, iShares (View all Sectors) |
| Issuer | iShares |
| Inception Date | 2001-10-22 |
| Benchmark | S&P North American Natural Resources Sector Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 657.52 Million |
| Average Trading Valume | 182,920.3 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Materials |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | JPMorgan Chase Bank, N.A. |
| Advisor | BlackRock Fund Advisors |
| Custodian | JPMorgan Chase Bank, N.A. |
| Distributor | BlackRock Investments, LLC |
| Portfolio Manager | Diane Hsiung, Jennifer Hsui, Greg Savage, Alan Mason |
| Transfer Agent | JPMorgan Chase Bank, N.A. |
| Fiscal Year End | 31-Mar |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 132 |
| Market Maker | Latour Trading |
| Total Expense | 0.41 |
| Management Fee | 0.41 |
| Country Name | USA |
| Returns Y T D | 20.11 |
| Name | iShares North American Natural Resources ETF |
| Currency Code | USD |
| Open Figi | BBG000KBK0H1 |
| In Threey Volatility | 22.99 |
| 1y Volatility | 12.17 |
| 200 Day M A | 44.3142 |
| 50 Day M A | 45.3622 |
| Code | IGE |
| Updated At | 25th of November 2024 |
| Currency Name | US Dollar |
iShares North American [IGE] is traded in USA and was established 2001-10-22. The fund is classified under Natural Resources category within iShares family. The entity is thematically classified as Sector ETFs. iShares North American currently have 763.77 M in assets under management (AUM). , while the total return for the last 3 years was 18.6%.
Check IShares North Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as iShares North American Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
iShares North American Currency Exposure
iShares North American holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of IShares North will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in iShares North American.
Top iShares North American Etf Constituents
| HAL | Halliburton | Stock | Energy | |
| COP | ConocoPhillips | Stock | Energy | |
| CVX | Chevron Corp | Stock | Energy | |
| EOG | EOG Resources | Stock | Energy | |
| FCX | Freeport McMoran Copper Gold | Stock | Materials | |
| KMI | Kinder Morgan | Stock | Energy | |
| NEM | Newmont Goldcorp Corp | Stock | Materials | |
| PSX | Phillips 66 | Stock | Energy |
IShares North Top Holders
| WIZ | MerlynAI Corp | Etf | Moderate Allocation | |
| PDPCX | Virtus Alternatives Diversifier | Mutual Fund | World Allocation | |
| VADIX | Virtus Alternatives Diversifier | Mutual Fund | World Allocation | |
| PDPAX | Virtus Alternatives Diversifier | Mutual Fund | World Allocation |
iShares North American Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares North. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.114 | |||
| Jensen Alpha | 0.0433 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0133 |
IShares North Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares North American. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of iShares North American is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares North's value that differs from its market value or its book value, called intrinsic value, which is IShares North's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares North's market value can be influenced by many factors that don't directly affect IShares North's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares North's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares North is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares North's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.