IGE
iShares North American Natural Resources ETF
📎 Investment Objective
The iShares North American Natural Resources ETF (IGE) seeks to track the investment results of an index composed of North American companies involved in the production and distribution of natural resources and energy.
Overview
ETF tracking iShares North American Natural Resources ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares North American Natural Resources ETF (IGE) seeks to track the investment results of an index composed of North American companies involved in the production and distribution of natural resources and energy.
🎯 Investment Strategy
The ETF employs a passively managed, index-based approach, attempting to replicate the performance of the S&P North American Natural Resources Sector Index. It invests primarily in stocks of companies engaged in the exploration, development, production, and distribution of natural resources and energy.
✨ Key Features
- Provides exposure to a diversified portfolio of North American natural resource and energy companies
- Passively managed to track the performance of the underlying index
- Low expense ratio of 0.00%
- Suitable for investors seeking broad exposure to the natural resources and energy sectors
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific sector
- Volatility risk due to the cyclical nature of the natural resources and energy industries
- Regulatory and environmental risks that can impact companies in this sector
- Potential for underperformance compared to the broader market during periods of weak commodity prices
👤 Best For
This ETF may be suitable for investors seeking exposure to the natural resources and energy sectors as part of a diversified portfolio. It may be particularly appealing to investors with a long-term investment horizon who are comfortable with the inherent volatility of the natural resources and energy industries.