Continue to site >
Trending ETFs

IQ Global Resources ETF

ETF
GRES
Payout Change
Pending
Price as of:
$32.9443 +0.07 +0.23%
primary theme
N/A
GRES (ETF)

IQ Global Resources ETF

Payout Change
Pending
Price as of:
$32.9443 +0.07 +0.23%
primary theme
N/A
GRES (ETF)

IQ Global Resources ETF

Payout Change
Pending
Price as of:
$32.9443 +0.07 +0.23%
primary theme
N/A

Name

As of 12/11/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$32.94

$43.5 M

0.86%

$0.28

0.31%

Vitals

YTD Return

1.1%

1 yr return

0.8%

3 Yr Avg Return

10.7%

5 Yr Avg Return

8.6%

Net Assets

$43.5 M

Holdings in Top 10

30.7%

52 WEEK LOW AND HIGH

$32.9
$31.31
$36.67

Expenses

OPERATING FEES

Expense Ratio 0.31%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 12/11/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$32.94

$43.5 M

0.86%

$0.28

0.31%

GRES - Profile

Distributions

  • YTD Total Return 1.1%
  • 3 Yr Annualized Total Return 10.7%
  • 5 Yr Annualized Total Return 8.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.70%
DIVIDENDS
  • Dividend Yield 0.9%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    IQ Global Resources ETF
  • Fund Family Name
    IndexIQ
  • Inception Date
    Oct 27, 2009
  • Shares Outstanding
    1050000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Greg Barrato

Fund Description

The Fund employs a “passive management” — or indexing — investment approach designed to track the performance of the Underlying Index, which was developed by IndexIQ LLC (“IndexIQ”), an affiliate of IndexIQ Advisors LLC, the Fund’s investment advisor (the “Advisor”). 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 Energy, Food and Fiber, Grains, Industrial Metals, Livestock, Precious Metals, Timber, and Water sectors.
The Fund invests, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in the Underlying Index (“Underlying Index Components”). The Underlying Index consists of a number of Underlying Index Components selected in accordance with IndexIQ’s rules-based methodology. Such Underlying Index Components will include primarily U.S. and non-U.S. equity securities. In addition, the Fund may invest up to 20% of its net assets in investments not included in its Underlying Index, but which the Advisor believes will help the Fund track its Underlying Index.
The Underlying Index may include as a component one or more ETFs advised by the Advisor (“Affiliated ETFs”) and the Fund will typically invest in any Affiliated ETF included in the Underlying Index. The Fund also may invest in Affiliated ETFs that are not components of the index if such an investment will help the Fund track the Underlying Index.
Read More

GRES - Performance

Return Ranking - Trailing

Period GRES Return Category Return Low Category Return High Rank in Category (%)
YTD 1.1% -17.6% 52.8% 44.44%
1 Yr 0.8% -26.9% 54.6% 34.26%
3 Yr 10.7%* -8.1% 40.4% 38.10%
5 Yr 8.6%* -1.7% 21.4% 71.57%
10 Yr 4.1%* -6.7% 11.7% 57.14%

* Annualized

Return Ranking - Calendar

Period GRES Return Category Return Low Category Return High Rank in Category (%)
2023 11.7% -34.9% 34.0% 35.51%
2022 18.6% -4.9% 83.5% 80.00%
2021 -5.4% -23.4% 126.4% 83.50%
2020 8.0% -25.1% 36.9% 76.47%
2019 -11.7% -46.3% -6.8% 8.25%

Total Return Ranking - Trailing

Period GRES Return Category Return Low Category Return High Rank in Category (%)
YTD 1.1% -17.6% 52.8% 44.44%
1 Yr 0.8% -26.9% 54.6% 34.26%
3 Yr 10.7%* -8.1% 40.4% 38.10%
5 Yr 8.6%* -1.7% 21.4% 71.57%
10 Yr 4.1%* -6.7% 11.7% 57.14%

* Annualized

Total Return Ranking - Calendar

Period GRES Return Category Return Low Category Return High Rank in Category (%)
2023 13.0% -32.2% 35.5% 41.12%
2022 18.6% -2.5% 83.6% 90.48%
2021 3.9% -22.2% 127.8% 72.82%
2020 9.8% -25.1% 38.7% 79.41%
2019 -11.0% -46.3% -6.0% 12.37%

GRES - Holdings

Concentration Analysis

GRES Category Low Category High GRES % Rank
Net Assets 43.5 M 1.56 M 7.28 B 90.91%
Number of Holdings 207 24 444 3.64%
Net Assets in Top 10 10.4 M 569 K 3.28 B 91.82%
Weighting of Top 10 30.67% 19.5% 81.3% 91.82%

Top 10 Holdings

  1. Mondelez International Inc 4.82%
  2. Exxon Mobil Corp 4.72%
  3. BHP Group Ltd 4.14%
  4. Chevron Corp 3.38%
  5. Rio Tinto PLC 2.84%
  6. Shell PLC 2.29%
  7. Archer-Daniels-Midland Co 2.21%
  8. Kraft Heinz Co/The 2.11%
  9. General Mills Inc 2.09%
  10. Glencore PLC 2.06%

Asset Allocation

Weighting Return Low Return High GRES % Rank
Stocks
99.78% 0.00% 104.40% 24.55%
Cash
0.35% 0.00% 26.12% 88.18%
Preferred Stocks
0.00% 0.00% 7.82% 90.91%
Other
0.00% -0.02% 21.55% 84.55%
Convertible Bonds
0.00% 0.00% 0.43% 90.91%
Bonds
0.00% 0.00% 81.24% 90.91%

Stock Sector Breakdown

Weighting Return Low Return High GRES % Rank
Basic Materials
35.76% 2.49% 100.00% 53.64%
Energy
33.85% 0.00% 89.67% 44.55%
Consumer Defense
23.97% 0.00% 33.96% 3.64%
Industrials
4.14% 0.00% 63.67% 56.36%
Utilities
1.49% 0.00% 35.93% 34.55%
Consumer Cyclical
0.78% 0.00% 43.37% 47.27%
Technology
0.00% 0.00% 17.68% 95.45%
Real Estate
0.00% 0.00% 36.20% 91.82%
Healthcare
0.00% 0.00% 22.67% 92.73%
Financial Services
0.00% 0.00% 4.52% 90.00%
Communication Services
0.00% 0.00% 0.21% 89.09%

Stock Geographic Breakdown

Weighting Return Low Return High GRES % Rank
US
51.58% 0.00% 104.40% 69.09%
Non US
48.21% 0.00% 88.55% 26.36%

GRES - Expenses

Operational Fees

GRES Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.31% 0.08% 4.23% 94.55%
Management Fee 0.30% 0.00% 1.25% 7.27%
12b-1 Fee 0.00% 0.00% 1.00% 20.00%
Administrative Fee N/A 0.03% 0.25% N/A

Sales Fees

GRES Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

GRES Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

GRES Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 4.00% 169.00% 92.73%

GRES - Distributions

Dividend Yield Analysis

GRES Category Low Category High GRES % Rank
Dividend Yield 0.86% 0.00% 6.17% 2.73%

Dividend Distribution Analysis

GRES Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Monthly Annual

Net Income Ratio Analysis

GRES Category Low Category High GRES % Rank
Net Income Ratio 2.70% -35.65% 9.06% 14.68%

Capital Gain Distribution Analysis

GRES Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

GRES - Fund Manager Analysis

Managers

Greg Barrato


Start Date

Tenure

Tenure Rank

Feb 28, 2011

11.26

11.3%

Mr. Barrato has managed the MainStay VP IQ Hedge Multi-Strategy Portfolio since inception. Mr. Barrato joined IndexIQ Advisors LLC as a Vice President in November 2010 and has been a Senior Vice President of the IndexIQ Advisors LLC since August 2013. Prior to joining IndexIQ Advisors LLC, Mr. Barrato served as Head Global Equity Trader and Trader at Lucerne Capital Management, LLC from 2008 to 2010 and as Assistant Trader and Operations Manager at ReachCapital Management, LP from 2004 to 2008. Mr. Barrato is a 2002 graduate of the University of Connecticut.

James Harrison


Start Date

Tenure

Tenure Rank

Apr 30, 2018

4.09

4.1%

James Harrison has been a member of the portfolio management team of IndexIQ Advisors LLC since 2015. Prior to joining IndexIQ, Mr. Harrison served as trading assistant, operations specialist and sales assistant at Cuttone & Company from 2010 to 2015. Mr. Harrison is a graduate of St. Lawrence University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 24.18 7.69 0.54