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NRES

Xtrackers RREEF Global Natural Resources ETF·NASDAQ
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Key Stats

Assets Under Management
37.57MUSD
Fund Flows (1Y)
-1.48MUSD
Dividend Yield
2.33%
Discount/Premium to NAV
0.71%
Shares Outstanding
1.13M
Expense Ratio
0.45%

About Xtrackers RREEF Global Natural Resources ETF

Issuer
DWS
Brand
Xtrackers
Inception Date
Feb 27, 2024
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
DBX Advisors LLC
Distributor
ALPS Distributors, Inc.
NRES is the first actively managed ETF by DWS. It aims for total return, focusing on the global natural resources sector, encompassing agriculture, energy, and metals industries. The fund's strategic approach involves meticulous top-down and bottom-up research to allocate its investments, considering factors like supply/demand, ESG criteria, and market interrelations. Insight into commodity-price cycles, sector interdependencies and trends guide its decision-making process amid evolving market condition. This approach enhances the ability of NRES to harness investment prospects. Additionally, the fund may concentrate its investments in non-US issuers and diversify up to 20% of its assets into debt securities, short-term investments, and ETFs for liquidity purposes and enhanced risk management. By leveraging this flexibility, NRES seeks to deliver optimal returns while navigating the complexities of the natural resources space. The fund's goal is to position itself to seize investment opportunities for long-term growth and value creation.

Classification

Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Natural Resources
Strategy
Active
Geography
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Weighting Scheme
Proprietary
Selection Criteria
Proprietary

Analysis

Sector

Basic Materials

49.82%

Energy

31.21%

Consumer Cyclical

11.87%

Consumer Defensive

6.09%

Real Estate

1.01%

Asset

Holdings

Symbol

Ratio

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Nutrien Ltd

5.14%
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CVX

Chevron
4.45%
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TOTAL SA

3.76%
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XOM

Exxon Mobil
3.74%
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NEM

Newmont
3.69%
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Shell PLC

3.28%

Symbol

Ratio

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SW

Smurfit WestRock
3.15%
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Kinross Gold Corp

2.95%
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Vale SA

2.82%
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JBS A

2.81%

Top 10 Weight 35.79%

10 Total Holdings

See all holdings

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