iShares North American Natural Resources ETF (IGE) Performance
IGE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +33.3% since Dec 31, 2025
- 1 year
- +39.3% total return
- 5 years
- +18.4% a year
- 10 years
- +10.0% a year
- Since first price
- +8.3% a year since 2001
IGE trailing returns vs SPY, QQQ, AGG
| Period | IGE total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +4.2% | +4.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +10.1% | +9.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +9.4% | +8.4% | +7.8% | +8.4% | −1.5% |
| YTD | +33.3% | +31.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +39.3% | +36.4% | +14.4% | +15.9% | −1.1% |
| 3 years | +72.6%+19.9%/yr | +60.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +132.5%+18.4%/yr | +104.0% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +160.4%+10.0%/yr | +93.3% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +155.5%+6.5%/yr | +72.9% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +224.7%+6.1%/yr | +107.5% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionNov 26, 2001 | +625.7%+8.3%/yr | +335.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: IGE vs SPY
From Nov 26, 2001: IGE grew to $72,567, SPY to $102,830.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
IGE returns by calendar year
17 of 24 full years positive. Best 2021 (+39.4%), worst 2008 (−42.9%). 2026 is year to date.
IGE annual returns table
| Year | IGE | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +33.3% | −11.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +20.4% | −17.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +7.5% | −13.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +3.1% | −16.0% | +26.2% | +54.9% | +5.7% |
| 2022 | +33.2% | −25.7% | −18.2% | −32.6% | −13.0% |
| 2021 | +39.4% | −15.1% | +28.7% | +27.4% | −1.8% |
| 2020 | −19.6% | −54.0% | +18.3% | +48.6% | +7.5% |
| 2019 | +17.2% | −14.6% | +31.2% | +39.0% | +8.5% |
| 2018 | −21.6% | −31.4% | −4.6% | −0.1% | +0.1% |
| 2017 | +0.8% | −15.8% | +21.7% | +32.7% | +3.6% |
| 2016 | +30.1% | −16.0% | +12.0% | +7.1% | +2.4% |
| 2015 | −24.6% | −30.7% | +1.2% | +9.4% | +0.5% |
| 2014 | −10.3% | −29.7% | +13.5% | +19.2% | +6.0% |
| 2013 | +15.5% | −9.9% | +32.3% | +36.6% | −2.0% |
| 2012 | +2.0% | −21.1% | +16.0% | +18.1% | +3.8% |
| 2011 | −7.8% | −31.7% | +1.9% | +3.4% | +7.7% |
| 2010 | +23.4% | −17.6% | +15.1% | +19.9% | +6.4% |
| 2009 | +37.1% | −27.1% | +26.4% | +54.7% | +3.0% |
| 2008 | −42.9% | −61.5% | −36.8% | −41.7% | +7.9% |
| 2007 | +33.5% | −13.8% | +5.1% | +19.0% | +6.6% |
| 2006 | +16.4% | −18.1% | +15.8% | +7.1% | +3.9% |
| 2005 | +36.0% | −14.7% | +4.8% | +1.6% | +2.3% |
| 2004 | +24.4% | −7.3% | +10.7% | +10.5% | +3.8% |
| 2003 | +33.4% | −9.0% | +28.2% | +49.7% | — |
| 2002 | −13.9% | −31.5% | −21.6% | −37.4% | — |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
IGE largest drawdowns
Now 0.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 23, 2014 | −67.6% | Mar 18, 2020 | Mar 21, 2022 | 5.7 years | 7.7 years |
| May 20, 2008 | −61.5% | Nov 20, 2008 | Jun 12, 2014 | 6 months | 6.1 years |
| Apr 2, 2002 | −31.5% | Oct 9, 2002 | Dec 18, 2003 | 6 months | 1.7 years |
| Jun 7, 2022 | −25.7% | Sep 26, 2022 | Mar 13, 2024 | 4 months | 1.8 years |
| Nov 22, 2024 | −19.5% | Apr 8, 2025 | Aug 27, 2025 | 5 months | 9 months |
| May 10, 2006 | −18.1% | Jun 13, 2006 | Mar 29, 2007 | 34 days | 11 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
IGE risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2001 |
|---|---|---|---|---|
| Annualized return | +16.7% | +19.1% | +9.2% | +8.0% |
| Volatility (annualized) | 17.8% | 21.9% | 24.8% | 23.4% |
| Sharpe ratio | 0.71 | 0.74 | 0.39 | — |
| Sortino ratio | 1.24 | 1.24 | 0.58 | — |
| Best month | +12.0% | +18.7% | +27.0% | +27.0% |
| Worst month | −9.0% | −16.0% | −30.5% | −30.5% |
| Best 12 months | +53.2% | +53.2% | +71.7% | +71.7% |
| Worst 12 months | −4.2% | −12.6% | −43.5% | −49.7% |
| Positive months | 64% | 65% | 62% | 60% |
| Beta vs S&P 500 | 0.25 | 0.63 | 1.03 | — |
| Correlation with S&P 500 | 0.17 | 0.45 | 0.63 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
IGE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 288 | −49.7% | +11.5% | +71.7% | 67% |
| 3-year (a year) | 264 | −18.5% | +6.3% | +38.3% | 66% |
| 5-year (a year) | 240 | −12.4% | +5.4% | +29.8% | 72% |
| 10-year (a year) | 180 | −4.8% | +2.9% | +13.5% | 81% |
Every holding period starting at a month-end since 2001. Returns for 3 years and longer are annualized.
IGE performance overview
iShares North American Natural Resources ETF (IGE) returned +39.3% over the past year and +10.0% a year over ten years, with distributions reinvested. Since its first recorded price in 2001 it has returned +8.3% a year, turning $10,000 into about $72,567. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −67.6%, from Jun 23, 2014 to Mar 18, 2020, and it took 2.0 years to get back to the old high. IGE finished 17 of its 24 full calendar years with a gain; the best year was 2021 (+39.4%) and the worst 2008 (−42.9%). Volatility has been 23.4% a year.
Related: IGE chart, IGE holdings, IGE dividends, IGE valuation. See the IGE overview for the latest quote and fund facts.
IGE performance FAQ
What is the IGE return over the past year?
IGE returned +39.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 36.4%.
What is the average annual return of IGE?
IGE has returned +18.4% a year over 5 years, +10.0% a year over 10 years, +8.3% a year since November 26, 2001 (total return, distributions reinvested).
How much would $10,000 invested in IGE be worth?
$10,000 invested in IGE at its first recorded close on November 26, 2001 would be worth about $72,567 on October 23, 2026 with distributions reinvested.
What was the worst year for IGE?
The worst calendar year was 2008, with a total return of −42.9%. The best was 2021 at +39.4%.
What is the biggest drawdown of IGE?
The largest peak-to-trough decline was −67.6% between June 23, 2014 and March 18, 2020. It recovered to the old high on March 21, 2022, 2.0 years after the bottom.
How volatile is IGE?
Over the past 3 years IGE had an annualized volatility of 17.8% and a Sharpe ratio of 0.71 (excess return over 1–3 month T-bills per unit of risk).