iShares North American Natural Resources ETF logo

iShares North American Natural Resources ETF (IGE)

Market Closed
17 Jul, 20:00
BATS BATS
$
58. 40
+0.33
+0.5683%
$
719.64M Market Cap
1.1% Div Yield
69,700 Volume
$ 58.07
Previous Close
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Day Range
58.15 58.61
Year Range
44.36 63.99
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IGE: Natural Resource ETF Benefits From Supply Imbalances But Has Underperformed Historically

IGE: Natural Resource ETF Benefits From Supply Imbalances But Has Underperformed Historically

IGE aims to provide economic exposure to U.S. and Canadian natural resource firms and has performed well recently, mainly due to the Strait of Hormuz crisis. Since its inception in 2001, its total return of 533% failed to outperform either the S&P 500 (869%) or Russell 2000 (741%). The fund is dominated by exposure to oil and gas firms and associated sub-sectors, with minimal exposure to other natural resources.

Seekingalpha | 3 months ago