IGE
iShares North American Natural Resources ETF
Mentions (24Hr)
-100.00% Today
Reddit Posts
Mentions
I am down by about 1.6 percent I have covered the fall by rotating most of portfolio into natural oil and natural resources ETF like IEO and IGE and keep doing it until the supply shock disappear
Seeking Alpha reports similar numbers... Is it just market volatility in the energy sector? I don't understand why all passively managed index funds wouldn't have an extremely low tracking error, regardless of sector. Nit every place keeps track of tracking error, apparently, I don't see it on the Yahoo Finance app, the iShares site doesn't mention it for IGE. So it's hard to tell where the information is coming from but at least 2 sources have those energy sector ETFs at around 20%. Doesn't make much sense to me.
From Fidelity's website... [$IGE](https://digital.fidelity.com/prgw/digital/research/quote/dashboard/summary?symbol=IGE), [$VDE](https://digital.fidelity.com/prgw/digital/research/quote/dashboard/summary?symbol=VDE), [$XLE](https://digital.fidelity.com/prgw/digital/research/quote/dashboard/summary?symbol=XLE).
Tracking error on VTI is under 2%, but when I look at the tracking error for XLE, VDE, IGE it's up over 20%. All simply passively tracking an index. Why, if VTI follows a huge index while energy ETFs only track a single sector's index, would their tracking error all be so much higher? What exactly is contributing to such high tracking error?
I just found the most beast mode ETF and I can’t believe I have overlooked it. IGE - ishares North American natural resources etf. Exposure to pretty much all the stocks that actually performed well this year.
Strong case for a bull market in the energy sector due to energy shortages / a dire situation, somewhat ironically. I've been DCA-ing into $XLE and $IGE.
I’ve owned individual oil stocks—refiners/marketers like Marathon Petroleum, exploration/development companies like ConocoPhillips and EOG Resources, and integrated companies like Chevron. Now I just use ETFs and CEFs for that portion of my portfolio. Currently I own two iShares ETFs, IXC and IGE. The IGE fund is concentrated in North America and also gives me exposure to other natural resources like metals and timber. It’s a good commodities bet. [Oil ETFs](https://www.etf.com/channels/oil-etfs)
The reality is that growth has had it's day. Some of these stocks still face a long way down from here. 15% isn't that bad, I know some people who have done worse. I would cut these losses and go where the money is. Long: OXY, RIG, USO, XOP, IGE, DBA Short: QQQ. Than get some Canadian Dollars and buy some REG and YGT and hold those for a couple of years and you will see nice returns. There is absolutely no point in sitting where you are right now, I think deep inside you know where this is headed...
Fracking is too capital intensive and will not be a factor in the near future. Producers and investors have learned their lesson. For now we will see ESG and reality slug it out and reality is winning. Long: RIG, OXY, USO, XOP, IGE, DBA. Short: QQQ
They are all getting rocked right now, but within this year I’m buying IGE until inflation subsides. The thought is true commodities that can easily pass their costs on like grains, natural gas (huge shortages in Europe and here), base metals like aluminum and steel. Im always long SPY, I just cost dollar average and I’m long run will perform well. I haven’t evaluated any REITs but for a plethora of reasons real estate looks good to me. But honestly, I wouldn’t listen to some dude on the internet. Most academics would tell you just to buy total market etfs for your whole life, and stay the hell off of wallstreetbets!
I’ve been positioning for inflation just like he has, I genuinely believe this as well. And I couldn’t have a different fucking strategy….loading up on assets. Meme stocks are dead value stocks are here (just loading VOO), IGE for inflation, and I bought an investment property because that channel is broke as shit and they won’t have the materials to keep up with demand. Who holds cash when you believe inflation is only going up? Buy ducking grains and gas if you are convinced gas and food are going up (hence IGE)
ETFM, IGE, ITP unfortunately ITP earnings so i'm sure it'll go down. too bad i accidently bought calls when i meant to sell!