IQ Global Resources ETF
Ticker
GRES
ISIN
US45409B883
Price
USD 32.77
Change Today
+0.01 / 0.025 %
Price 1 year ago
32.79 / -0.057 %
Morningstar
4
52 Week Low
30.96
52 Week High
35.02
200 Day Moving Average 32.78
32.78
50-day Moving Average
32.27
Price evolution
Yearly returns
Peers comparison
Risk factors
1 year
| Parameter | Value |
|---|---|
| Sharpe Ratio | -0.17 |
| Sortino Ratio | -0.53 |
| Maximum Drawdown | -2.38% |
| Maximum Drawdown Date | 2023-12-06 |
| Calmar Ratio | 1.34 |
1 year
| Parameter | Value |
|---|---|
| Return | -0.14 |
| Volatility | 2.362% |
| Alpha | +23.73 |
| Beta | None |
| R Squared | +77.86 |
History
| Parameter | Value |
|---|---|
| Average Annual Return | 5.013% |
| Average Annual Volatility | 16.728% |
| Sharpe Ratio | 0.30 |
| Sortino Ratio | 0.20 |
| Maximum Drawdown | -43.0% |
| Maximum Drawdown Date | 2016-01-20 |
| Calmar Ratio | -0.10 |
Company information
Summary
The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Global Resources Index. The fund invests at least 80% of its net assets, in the investments included in its underlying index. The underlying index seeks to employ a tiered sector weighting approach designed to provide exposure to developed market companies involved in the production and distribution of commodities and commodities-related products and services across the Precious Metals, Grains, Food and Fiber, Energy, Industrial Metals, Timber and Water sectors. The fund is non-diversified.
Market
US
Category
Natural Resources
Expense Ratio
0.30%
Fund family
IndexIQ
Morningstar
4
Yield
0.0889
Exchange
PCX
| Sector | Weight |
|---|---|
| Basic materials | 33.55% |
| Energy | 33.04% |
| Consumer defensive | 26.49% |
| Utilities | 6.14% |
| Industrials | 4.17% |
| Consumer cyclical | 0.77% |
| Realestate | 0.00% |
| Technology | 0.00% |
| Communication services | 0.00% |
| Financial services | 0.00% |
| Healthcare | 0.00% |
| Country | Ratio |
|---|---|
| United States | 51.07 |
| United Kingdom | 10.06 |
| Canada | 9.81 |
| Australia | 7.86 |
| Japan | 3.82 |
| China | 2.57 |
| Finland | 2.20 |
| France | 2.20 |
| Switzerland | 2.15 |
| Norway | 1.89 |
Holdings
| Symbol | Name | Allocation |
|---|---|---|
| Recv Spdr S&P 500 Etf Sw Ml | 5.35% | |
| Recv Spdr S&P 500 Etf Trus | 5.35% | |
| Future on MSCI EAFE Index Future | 5.25% | |
| Payb Ishares Msci Eafe Index Fund Swap | 5.25% | |
| Payb Spdr S&P 500 Etf Sw Ml | 5.25% | |
| Payb Spdr S&P500 Etf Trus | 5.25% | |
| ULTR | IQ Ultra Short Duration ETF | 5.24% |
| Recv Ishares Msci Eafe In Ml | 5.12% | |
| Recv Ishares Msci Eafe Index Fund Swap | 5.12% | |
| DSVXX | Dreyfus Instl Preferred Govt MMkt Instl | 4.8% |
Alternative funds
| Ticker | Name | Isin | Exchange | Expenses | Morningstar | Alpha | Beta |
|---|---|---|---|---|---|---|---|
| AGGG.L | iShares Core Global Aggregate Bond UCITS ETF | IE00B3F8140 | LSE | 0.10% | 4 | ||
| FTGC | First Trust Global Tactical Commodity Strategy Fund | US33739H101 | NGM | 0.95% | 4 | +4.24 | |
| GRES | IQ Global Resources ETF | US45409B883 | PCX | 0.30% | 4 | +23.73 | |
| IOO | iShares Global 100 ETF | DE000A0F5UH1 | PCX | 0.40% | 5 | -0.85 | |
| IXC | iShares Global Energy ETF | US4642873412 | PCX | 0.40% | 5 | +38.88 | |
| IXJ | iShares Global Healthcare ETF | US4642873255 | PCX | 0.40% | 4 | +4.96 | |
| IXN | iShares Global Tech ETF | US4642872919 | PCX | 0.40% | 4 | -3.70 | |
| LIT | Global X Lithium & Battery Tech ETF | US37954Y855 | PCX | 0.75% | 4 | +3.12 | |
| PAVE | Global X U.S. Infrastructure Development ETF | IE00BLCHJ53 | BTS | 0.47% | 5 | +23.28 | |
| PICK | iShares MSCI Global Metals & Mining Producers ETF | US46434G8481 | BTS | 0.39% | 5 | +31.51 | |
| SAGG.L | iShares Core Global Aggregate Bond UCITS ETF | IE00BDBRDM3 | LSE | 0.10% | 4 |
Sustainability scores
Events
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.