XLE vs. NRES ETF Comparison

Comparison of SPDR Select Sector Fund - Energy Select Sector (XLE) to Xtrackers RREEF Global Natural Resources ETF (NRES)

XLE

SPDR Select Sector Fund - Energy Select Sector

XLE Description

The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Energy Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: oil, gas & consumable fuels; and energy equipment & services. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$97.27

Average Daily Volume

14,000,130

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

$26.25

Average Daily Volume

907

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XLE	NRES
30 Days	8.31%	-1.39%
60 Days	9.14%	-1.63%
90 Days	8.50%	-2.99%
12 Months	18.96%

6 Overlapping Holdings

Symbol	Grade	Weight in XLE	Weight in NRES	Overlap
COP	C	7.49%	1.79%	1.79%
CTRA	B	1.33%	1.32%	1.32%
CVX	A	15.51%	3.17%	3.17%
FANG	D	2.34%	1.25%	1.25%
VLO	C	3.17%	0.76%	0.76%
XOM	B	21.93%	7.64%	7.64%

XLE Overweight 16 Positions Relative to NRES

Symbol	Grade	Weight
WMB	A	4.85%
EOG	A	4.54%
OKE	A	4.52%
SLB	C	4.25%
PSX	C	3.78%
KMI	A	3.69%
MPC	D	3.68%
TRGP	B	3.0%
BKR	B	2.94%
HES	B	2.79%
OXY	D	2.36%
HAL	C	1.85%
EQT	B	1.81%
DVN	F	1.67%
MRO	B	1.12%
APA	D	0.57%

XLE Underweight 20 Positions Relative to NRES

Symbol	Grade	Weight
CTVA	C	-4.04%
SW	A	-3.7%
FCX	D	-2.88%
GOLD	D	-2.72%
VALE	F	-2.72%
CLF	F	-1.75%
WY	D	-1.67%
AVY	D	-1.2%
BG	F	-1.18%
MOS	F	-1.16%
GPK	C	-1.12%
ADM	D	-0.88%
SEE	C	-0.86%
NEM	D	-0.75%
SUZ	C	-0.7%
SLGN	A	-0.61%
NUE	C	-0.53%
INGR	B	-0.46%
DAR	C	-0.45%
FMC	D	-0.44%