Ishares North American Etf Profile

IGE Etf  USD 44.99  0.50  1.12%   

Performance

14 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 29

 
100  
 
Zero
Below Average
IShares North is trading at 44.99 as of the 29th of March 2024, a 1.12 percent increase since the beginning of the trading day. The etf's lowest day price was 44.58. IShares North has about a 29 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 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 9th of April 2022 and ending today, the 29th of March 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

  0.96XLB Materials Select SectorPairCorr
  0.96VAW Vanguard Materials IndexPairCorr
  0.81PHO Invesco Water ResourcesPairCorr
  0.84FXZ First Trust MaterialsPairCorr
  0.84FIW First Trust WaterPairCorr

Moving against IShares Etf

  0.62URNM Sprott Uranium MinersPairCorr

IShares Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. IShares North's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IShares North or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanLee Kranefuss
Thematic Ideas
(View all Themes)
Old Names[IGE+XAO SA, Integrated Green Energy Solutions Ltd]
Business ConcentrationMaterials ETFs, Sector ETFs, Natural Resources, iShares (View all Sectors)
IssueriShares
Inception Date2001-10-22
BenchmarkS&P North American Natural Resources Sector Index
Entity TypeRegulated Investment Company
Asset Under Management558.26 Million
Average Trading Valume99,252.4
Asset TypeEquity
CategorySector
FocusMaterials
Market ConcentrationBlended Development
RegionGlobal
AdministratorJPMorgan Chase Bank, N.A.
AdvisorBlackRock Fund Advisors
CustodianJPMorgan Chase Bank, N.A.
DistributorBlackRock Investments, LLC
Portfolio ManagerDiane Hsiung, Jennifer Hsui, Greg Savage, Alan Mason
Transfer AgentJPMorgan Chase Bank, N.A.
Fiscal Year End31-Mar
ExchangeCboe BZX Exchange, Inc.
Number of Constituents128
Market MakerLatour Trading
Total Expense0.4
Management Fee0.4
Country NameUSA
Returns Y T D9.81
NameiShares North American Natural Resources ETF
Currency CodeUSD
Open FigiBBG000KBK0H1
In Threey Volatility23.24
1y Volatility15.21
200 Day M A40.6813
50 Day M A41.1142
CodeIGE
Updated At28th of March 2024
Currency NameUS 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 Materials ETFs. IShares North American currently have 763.77 M in assets under management (AUM). , while the total return for the last 3 years was 19.9%.
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

HALHalliburtonStockEnergy
COPConocoPhillipsStockEnergy
CVXChevron CorpStockEnergy
EOGEOG ResourcesStockEnergy
FCXFreeport McMoran Copper GoldStockMaterials
KMIKinder MorganStockEnergy
NEMNewmont Goldcorp CorpStockMaterials
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IShares North Target Price Odds Analysis

What are IShares North's target price odds to finish over the current price? Based on a normal probability distribution, the odds of IShares North jumping above the current price in 90 days from now is near 1%. The IShares North American probability density function shows the probability of IShares North etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon IShares North has a beta of 0.9342. This usually indicates IShares North American market returns are highly-sensitive to returns on the market. As the market goes up or down, IShares North is expected to follow. Additionally, iShares North American has an alpha of 0.0215, implying that it can generate a 0.0215 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 44.99HorizonTargetOdds Above 44.99
99.34%90 days
 44.99 
0.64%
Based on a normal probability distribution, the odds of IShares North to move above the current price in 90 days from now is near 1 (This IShares North American probability density function shows the probability of IShares Etf to fall within a particular range of prices over 90 days) .

IShares North Top Holders

WIZMerlynAI CorpEtfModerate Allocation
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VADIXVirtus Alternatives DiversifierMutual FundWorld Allocation
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IShares North American Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. IShares North market risk premium is the additional return an investor will receive from holding IShares North long position in a well-diversified portfolio. 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. Although IShares North's alpha and beta are two of the key measurements used to evaluate IShares North's performance over the market, the standard measures of volatility play an important role as well.

IShares North Against Markets

Picking the right benchmark for IShares North etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in IShares North etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for IShares North is critical whether you are bullish or bearish towards IShares North American at a given time. Please also check how IShares North's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in IShares North without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy IShares Etf?

Before investing in IShares North, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in IShares North. To buy IShares North etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of IShares North. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase IShares North etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located IShares North American etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased IShares North American etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as IShares North American, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy IShares Etf please use our How to Invest in IShares North guide.

Already Invested in IShares North American?

The danger of trading IShares North American is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of IShares North is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than IShares North. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile IShares North American is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether IShares North American is a strong investment it is important to analyze IShares North's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IShares North's future performance. For an informed investment choice regarding IShares Etf, refer to the following important reports:
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 tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the IShares North American information on this page should be used as a complementary analysis to other IShares North's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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When running IShares North's price analysis, check to measure IShares North's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IShares North is operating at the current time. Most of IShares North's value examination focuses on studying past and present price action to predict the probability of IShares North's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IShares North's price. Additionally, you may evaluate how the addition of IShares North to your portfolios can decrease your overall portfolio volatility.
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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.