OCEN vs. NRES ETF Comparison

Comparison of IQ Clean Oceans ETF (OCEN) to Xtrackers RREEF Global Natural Resources ETF (NRES)

OCEN

IQ Clean Oceans ETF

OCEN Description

The OCEN IQ Clean Oceans ETF tracks the IQ Clean Oceans Index, which seeks to track companies that help to protect and/or achieve cleaner oceans through reduced pollution and increased resource efficiency.

Grade (RS Rating)

Last Trade

$21.08

Average Daily Volume

120

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$25.49

Average Daily Volume

723

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	OCEN	NRES
30 Days	-6.02%	-4.06%
60 Days	-6.78%	-2.08%
90 Days	-4.73%	-4.08%
12 Months	6.06%

1 Overlapping Holdings

	Symbol	Grade	Weight in OCEN	Weight in NRES	Overlap
	SW	B	2.37%	3.37%	2.37%

OCEN Overweight 21 Positions Relative to NRES

Symbol	Grade	Weight
IR	A	3.23%
INTC	C	3.19%
EXC	C	3.11%
MSFT	C	3.05%
ABBV	F	3.04%
NKE	F	2.89%
NXPI	F	2.88%
XYL	F	2.62%
AWK	D	2.37%
FSLR	F	1.92%
BALL	D	1.65%
UMC	F	1.52%
WSM	F	1.5%
SUI	F	1.44%
ENPH	F	1.02%
AYI	A	0.85%
BMI	B	0.53%
ORA	B	0.28%
AGR	C	0.26%
OI	C	0.23%
SEDG	F	0.19%

OCEN Underweight 24 Positions Relative to NRES

Symbol	Grade	Weight
XOM	B	-7.33%
CTVA	C	-4.09%
FCX	F	-2.97%
VALE	F	-2.88%
GOLD	F	-2.8%
WY	F	-1.68%
ADM	F	-1.6%
CLF	F	-1.48%
COP	C	-1.38%
CVX	A	-1.35%
MOS	D	-1.25%
FANG	C	-1.21%
AVY	F	-1.21%
CTRA	B	-1.11%
BG	D	-1.1%
GPK	D	-1.07%
SEE	C	-0.87%
NEM	F	-0.77%
VLO	C	-0.68%
SUZ	B	-0.67%
SLGN	B	-0.57%
FMC	F	-0.48%
INGR	B	-0.42%
DAR	B	-0.41%