Both BACAX and IENAX are mutual funds. BACAX has a higher 5-year return than IENAX (6.57% vs 3.87%). BACAX has a lower expense ratio than IENAX (1.32% vs 1.56%). Below is the comparison between BACAX and IENAX.
| BACAX | IENAX | |
|---|---|---|
| Security Type | Mutual fund | Mutual fund |
| Segment | Specialty: Equity Energy | Specialty: Equity Energy |
| Family | BlackRock | Invesco |
| Net Assets | $189.10M | $301.10M |
| Expense Ratio | 1.32% | 1.56% |
| Management Style | active | active |
| Dividend Yield | 1.87% | 1.34% |
| Minimum Investment | $1,000.00 | $1,000.00 |
| YTD Return | 37.51% | 42.48% |
| 1-Year Return | 16.33% | 18.74% |
| 3-Year Return | 11.03% | 12.19% |
| 5-Year Return | 6.57% | 3.87% |
| 10-Year Return | 2.80% | 0.39% |
BACAX
BACAX description
The Fund seeks to provide long-term growth of capital by investing at least 80% of its total assets in securities of global energy and natural resources companies and companies in associated businesses, as well as utilities. The Fund may invest without limit in companies located anywhere in the world.
BACAX performance & returns
| YTD Return | 37.51% |
| 1-Month Return | 1.29% |
| 3-Month Return | 16.33% |
| 1-Year Return | 16.33% |
| 3-Year Return | 11.03% |
| 5-Year Return | 6.57% |
| 10-Year Return | 2.80% |
BACAX holdings
Top 10 Holdings (62.96% of Total Assets)
| Name | Symbol | % Assets |
|---|---|---|
| Chevron Corp | CVX | 13.53% |
| Total SE | FP.PA | 9.67% |
| Royal Dutch Shell PLC Class A | RDSA.L | 8.78% |
| BP PLC | BP..L | 6.76% |
| ConocoPhillips | COP | 4.73% |
| TC Energy Corp | TRP.TO | 4.66% |
| Williams Companies Inc | WMB | 4.28% |
| Kinder Morgan Inc Class P | KMI | 4.17% |
| Suncor Energy Inc | SU.TO | 3.34% |
| Pioneer Natural Resources Co | PXD | 3.04% |
BACAX pros
The following are BACAX strengths from our perspective:
- BACAX 3-year return is 11.03%, which is higher than the 3-year return of the benchmark index (MSCI World/Energy NR USD), 9.47%.
BACAX cons
The following are BACAX weaknesses from our perspective:
- BACAX net assets are $189.10 million. This fund is not a popular choice with retail investors.
- BACAX 10-year return is 2.8%, which is lower than the 10-year return of the benchmark index (MSCI World/Energy NR USD), 3.99%.
- BACAX 15-year return is 0.63%, which is lower than the 15-year return of the benchmark index (MSCI World/Energy NR USD), 2.05%.
- BACAX expense ratio is 1.32%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
- Warning: this fund has a 12b1 and front-end sales fee. The maximum 12b1 fee is 0.25%, while the maximum front-end sales load is 5.25%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Front-end sales load, also known as sales charge, is a fee paid when mutual funds shares are purchased. Those fees are subtracted from your total investable assets.
Other relevant BACAX comparisons
You may also want to check out the following BACAX comparisons that investors often look for on Finny
- BACAX vs VGELX
- BACAX vs FSENX
- BACAX vs VGENX
- BACAX vs VENAX
- BACAX vs FNARX
- BACAX vs FANIX
- BACAX vs IENAX
- BACAX vs MAGRX
- BACAX vs BACIX
- BACAX vs MDGRX
IENAX
IENAX description
The Fund seeks long-term capital growth by investing primarily in the equity securities of companies within the energy sector. These industries include oil companies, oil and gas exploration companies, pipeline companies, refinery companies, energy conservation companies, coal and uranium and other assorted firms.
IENAX performance & returns
| YTD Return | 42.48% |
| 1-Month Return | -0.56% |
| 3-Month Return | 18.74% |
| 1-Year Return | 18.74% |
| 3-Year Return | 12.19% |
| 5-Year Return | 3.87% |
| 10-Year Return | 0.39% |
IENAX holdings
Top 10 Holdings (52.36% of Total Assets)
| Name | Symbol | % Assets |
|---|---|---|
| Chevron Corp | CVX | 9.03% |
| Total SE | FP.PA | 8.86% |
| Exxon Mobil Corp | XOM | 5.83% |
| Equinor ASA | EQNR | 4.73% |
| Cenovus Energy Inc | CVE.TO | 4.24% |
| Eni SpA | ENI.MI | 4.08% |
| Galp Energia SGPS SA | GALP | 4.06% |
| Royal Dutch Shell PLC ADR Class A | RDS.A.L | 3.97% |
| ConocoPhillips | COP | 3.83% |
| Cheniere Energy Inc | LNG | 3.73% |
IENAX pros
The following are IENAX strengths from our perspective:
- IENAX 3-year return is 12.19%, which is higher than the 3-year return of the benchmark index (MSCI World/Energy NR USD), 9.47%.
IENAX cons
The following are IENAX weaknesses from our perspective:
- IENAX net assets are $301.10 million. This fund is not a popular choice with retail investors.
- IENAX 5-year return is 3.87%, which is lower than the 5-year return of the benchmark index (MSCI World/Energy NR USD), 6.57%.
- IENAX 10-year return is 0.39%, which is lower than the 10-year return of the benchmark index (MSCI World/Energy NR USD), 3.99%.
- IENAX 15-year return is -0.2%, which is lower than the 15-year return of the benchmark index (MSCI World/Energy NR USD), 2.05%.
- IENAX expense ratio is 1.56%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
- Warning: this fund has a 12b1 and front-end sales fee. The maximum 12b1 fee is 0.25%, while the maximum front-end sales load is 5.5%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Front-end sales load, also known as sales charge, is a fee paid when mutual funds shares are purchased. Those fees are subtracted from your total investable assets.
Other relevant IENAX comparisons
You may also want to check out the following IENAX comparisons that investors often look for on Finny
- IENAX vs VGELX
- IENAX vs FSENX
- IENAX vs VGENX
- IENAX vs VENAX
- IENAX vs FNARX
- IENAX vs FANIX
- IENAX vs BACAX
- IENAX vs MAGRX
- IENAX vs BACIX
- IENAX vs MDGRX