T. Rowe Price Natural Resources ETF (TURF)
T. Rowe Price Natural Resources ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $34.03, down 0.24% on the session, giving a market capitalisation of $18.6M. Its beta of -0.07 implies it has historically moved less than the broad market.
TURF actively invests in securities of companies engaged with natural resources on a global basis. Such companies include those in the upstream extraction of energy, mineral and agriculture products. Firms must be classified in the MSCI GICS natural resources sector. The fund employs a fundamental, bottom-up analysis and can invest in companies across any market capitalization using both growth and value strategies, typically focusing on 60-80 stocks. This includes the use of derivatives related to the fund's investment focus. The funds management team aims to outperform its respective sector index.
T. Rowe Price Natural Resources ETF is most often compared with the following Financial Services names: