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, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index. The underlying index seeks to employ a systematic investment process designed to identify opportunities in markets exhibiting trending or momentum characteristics across commodity asset classes, represented by companies that operate in commodity-specific market segments and whose equity securities trade in developed markets, including the U.S.
Inception Date: 27/10/2009
Primary Benchmark: IQ Global Resources TR USD
Primary Index: MSCI ACWI NR USD
Gross Expense Ratio: 0.76%
Management Expense Ratio: 0.76 %
|GUNR||FlexShares Global Upstream Nat..||0.46 %||
|XLB||Materials Select Sector SPDR||0.13 %||
|VAW||Vanguard Materials||0.10 %||
|GNR||SPDR S&P Global Natural Resour..||0.40 %||
|IGE||iShares North American Natural..||0.47 %||
|MOO||VanEck Vectors Agribusiness||0.54 %||
|BCX||BlackRock Resources of Benefic..||0.00 %||
|NANR||SPDR S&P North American Natura..||0.35 %||
|LIT||Global X Lithium & Battery Tec..||0.75 %||
|XME||SPDR S&P Metals & Mining||0.35 %||
|Market Performance vs.
Industry/Classification (Natural Resources)
|Market Performance vs. Exchange (NYSE Arca)|
|Value||Sector Median||Percentile Rank||Grade||Market Median||Percentile Rank||Grade|
|Trailing 12 Months|
|Trailing 5 Years|
|Average Annual (5 Year Horizon)|
|Risk Return Profile|
|Volatility (Standard Deviation)||12.96%||85%||B||56%||F|
|Risk Adjusted Return||8.62%||23%||F||29%||F|
|Letter Grade||Percentage||Letter Grade||Percentage||Letter Grade||Percentage|
|Target Price Action||Rating Action||Analyst||Rating||Price||Date|
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.
This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.
This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.
The company has under performed its peers on annual average total returns in the past 5 years.
The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.