IQ Global Resources ETF (GRES)
IQ Global Resources ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $32.75, down 0.58% on the session, giving a market capitalisation of $45.3M. Its beta of 0.85 implies it has historically moved less than the broad market.
This fund commits a minimum of 80% of its net assets to the securities comprising its benchmark index. That index employs a stratified sector weighting methodology, designed to provide investment exposure to companies in developed markets. These enterprises are actively involved in the production and distribution of various commodities and related offerings, spanning sectors such as Precious Metals, Grains, Food and Fiber, Energy, Industrial Metals, Timber, and Water. The fund is classified as non-diversified.
IQ Global Resources ETF is most often compared with the following Financial Services names: