NRES vs. ABEQ ETF Comparison

Comparison of Xtrackers RREEF Global Natural Resources ETF (NRES) to Absolute Core Strategy ETF (ABEQ)

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

$26.68

Average Daily Volume

2,923

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

ABEQ

Absolute Core Strategy ETF

ABEQ Description

The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the underlying index). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the index provider), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.21

Average Daily Volume

5,183

Number of Holdings ^*

15

* may have additional holdings in another (foreign) market

Performance

Period	NRES	ABEQ
30 Days	-3.68%	-1.90%
60 Days	-3.68%	1.83%
90 Days	5.80%	1.80%
12 Months		8.34%

1 Overlapping Holdings

	Symbol	Grade	Weight in NRES	Weight in ABEQ	Overlap
	CTVA	C	3.61%	2.8%	2.8%

NRES Overweight 3 Positions Relative to ABEQ

	Symbol	Grade	Weight
	XOM	C	4.04%
	FCX	C	3.15%
	VALE	F	2.69%

NRES Underweight 14 Positions Relative to ABEQ

	Symbol	Grade	Weight
	BRK.A	B	-10.87%
	UL	A	-6.61%
	L	C	-6.43%
	DD	B	-5.44%
	MRK	A	-5.17%
	MDT	D	-4.54%
	TRV	C	-3.6%
	VZ	B	-3.58%
	CMCSA	F	-3.55%
	EQC	B	-3.48%
	EOG	D	-3.46%
	CSCO	F	-2.84%
	IFF	B	-2.65%
	CCI	D	-2.43%

NRES: Top Represented Industries & Keywords

Industries: Agricultural Inputs Copper Industrial Metals & Minerals Oil & Gas Integrated

Keywords: S&P 500 Cobalt Mining Abu Dhabi National Oil Company Agriculture Agronomy Alloys Aluminum Products Base Metal Cargo Transportation Service Cargo Transportation Services Commodity Petrochemicals Copper Mining In The United States Crops Crude Oil Energy Crops Exxon Exxonmobil Ferroalloy Ferroalloys

ABEQ: Top Represented Industries & Keywords

Industries: Insurance - Property & Casualty Agricultural Inputs Chemicals Communication Equipment Drug Manufacturers - Major Household & Personal Products Insurance - Diversified Medical Devices Oil & Gas E&P Pay TV REIT - Diversified REIT - Office Specialty Chemicals Telecom Services

Keywords: S&P 500 Dow Jones Component Telecommunications Broadband Casualty Insurance Casualty Products Ethernet High Speed Internet Information And Communications Technology Medicine Nasdaq 100 Natural Gas Natural Gas Liquids Networking Products Pcia The Wireless Infrastructure Association Video On Demand Voice Services Ablation Ablation Products Access Devices