BRAZ vs. NRES ETF Comparison
Comparison of Global X Brazil Active ETF (BRAZ) to Xtrackers RREEF Global Natural Resources ETF (NRES)
BRAZ
Global X Brazil Active ETF
BRAZ Description
The fund is an actively managed exchange traded fund ("ETF") advised by Global X Management Company LLC (the "Adviser") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, measured at the time of purchase, in equity securities: (i) of issuers domiciled in Brazil; and/or (ii) that are tied economically to Brazil. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$22.76
Average Daily Volume
286
12
NRES
Xtrackers RREEF Global Natural Resources ETF
NRES Description
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 funds strategic approach involves 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 funds goal is to position itself to seize investment opportunities for long-term growth and value creation.Grade (RS Rating)
Last Trade
$0.00
Average Daily Volume
756
26
Performance
Period | BRAZ | NRES |
---|---|---|
30 Days | -4.49% | -3.49% |
60 Days | -7.27% | -2.11% |
90 Days | -11.69% | -2.30% |
12 Months | -16.18% |
BRAZ Underweight 24 Positions Relative to NRES
Symbol | Grade | Weight | |
---|---|---|---|
XOM | B | -7.77% | |
CTVA | C | -3.99% | |
SW | A | -3.46% | |
FCX | F | -2.93% | |
GOLD | C | -2.63% | |
CLF | F | -1.83% | |
WY | F | -1.7% | |
COP | C | -1.47% | |
CVX | A | -1.43% | |
FANG | C | -1.27% | |
CTRA | B | -1.26% | |
AVY | F | -1.25% | |
MOS | F | -1.2% | |
BG | D | -1.19% | |
GPK | C | -1.17% | |
SEE | C | -0.89% | |
ADM | D | -0.86% | |
VLO | C | -0.75% | |
NEM | D | -0.73% | |
SLGN | A | -0.61% | |
NUE | C | -0.56% | |
INGR | C | -0.49% | |
DAR | C | -0.46% | |
FMC | D | -0.44% |
BRAZ: Top Represented Industries & Keywords
NRES: Top Represented Industries & Keywords