GRES:ARCA-IQ ARB Global Resources (USD)

ETF | Market Neutral | NYSE Arca

Last Closing

USD 25.89

Change

-0.50 (-1.89)%

Market Cap

USD 0.15B

Volume

0.01M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

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 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-01-27 )

Largest Industry Peers for Market Neutral

Symbol Name Mer Price(Change) Market Cap
MNA IQ Merger Arbitrage ETF 0.76 %

+0.10 (+0.32%)

USD 0.29B
BTAL AGFiQ U.S. Market Neutral Anti.. 0.00 %

+0.12 (+0.63%)

USD 0.24B

ETFs Containing GRES

N/A

Market Performance

  Market Performance vs. Industry/Classification (Market Neutral) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -4.96% 29% F 21% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -4.96% 29% F 21% F
Trailing 12 Months  
Capital Gain -3.37% 50% F 27% F
Dividend Return 1.75% 50% F 36% F
Total Return -1.62% 50% F 26% F
Trailing 5 Years  
Capital Gain -0.92% 71% C- 41% F
Dividend Return 5.07% 80% B- 17% F
Total Return 4.15% 71% C- 31% F
Average Annual (5 Year Horizon)  
Capital Gain 3.31% 88% B+ 55% F
Dividend Return 4.16% 100% F 41% F
Total Return 0.85% 67% D+ 20% F
Risk Return Profile  
Volatility (Standard Deviation) 9.74% 13% F 72% C
Risk Adjusted Return 42.75% 88% B+ 46% F
Market Capitalization 0.15B 75% C 16% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

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.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.