{
 "ticker": "NRES",
 "name": "Xtrackers RREEF Global Natural Resources ETF",
 "issuer": "Xtrackers",
 "desk": "themes",
 "url": "https://etfiq.com/funds/nres",
 "html": "https://etfiq.com/funds/nres",
 "markdown": "https://etfiq.com/funds/nres.md",
 "as_of": "2026-11-04",
 "verdict": "Over the year to Nov 4, 2026, NRES returned 27.4%, against 32.9% for GNR.",
 "promise": {
  "badge": null,
  "label": "Not measured",
  "category": "themes",
  "sentence": "ETFIQ has not yet listed which companies belong to the natural resources theme",
  "figure": null,
  "unit": null,
  "from": null,
  "to": null,
  "url": "https://etfiq.com/promise-index/"
 },
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "33.4%",
   "source": null,
   "as_of": "2026-11-04",
   "sentence": "NRES, already in the S&P 500: 33.4%, as of Nov 4, 2026.",
   "cite": {
    "value": "33.4%",
    "as_of": "2026-11-04",
    "source": null,
    "url": "https://etfiq.com/funds/nres#fact-already-in-the-s-p-500",
    "text": "NRES, already in the S&P 500: 33.4%, as of Nov 4, 2026."
   }
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "98.2%",
   "source": "ETFIQ",
   "as_of": "2026-11-04",
   "sentence": "NRES, active share vs the S&P 500: 98.2%, as of Nov 4, 2026.",
   "cite": {
    "value": "98.2%",
    "as_of": "2026-11-04",
    "source": "ETFIQ",
    "url": "https://etfiq.com/funds/nres#fact-active-share-vs-the-s-p-500",
    "text": "NRES, active share vs the S&P 500: 98.2%, as of Nov 4, 2026."
   }
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "37.2%",
   "source": null,
   "as_of": "2026-11-04",
   "sentence": "NRES, top ten holdings: 37.2%, as of Nov 4, 2026.",
   "cite": {
    "value": "37.2%",
    "as_of": "2026-11-04",
    "source": null,
    "url": "https://etfiq.com/funds/nres#fact-top-ten-holdings",
    "text": "NRES, top ten holdings: 37.2%, as of Nov 4, 2026."
   }
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+27.4%",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-11-04",
   "sentence": "NRES, total return, 1 year: +27.4%, as of Nov 4, 2026.",
   "cite": {
    "value": "+27.4%",
    "as_of": "2026-11-04",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/nres#fact-total-return-1-year",
    "text": "NRES, total return, 1 year: +27.4%, as of Nov 4, 2026."
   }
  },
  {
   "key": "12_month_yield_capital_gains_included_on_its_starting_price",
   "label": "12-month yield, capital gains included, on its starting price",
   "value": "2.7%",
   "source": "computed by ETFIQ from Tiingo daily prices and distributions",
   "as_of": "2026-11-04",
   "sentence": "NRES, 12-month yield, capital gains included, on its starting price: 2.7%, as of Nov 4, 2026.",
   "cite": {
    "value": "2.7%",
    "as_of": "2026-11-04",
    "source": "computed by ETFIQ from Tiingo daily prices and distributions",
    "url": "https://etfiq.com/funds/nres#fact-12-month-yield-capital-gains-included-on-its-starting-price",
    "text": "NRES, 12-month yield, capital gains included, on its starting price: 2.7%, as of Nov 4, 2026."
   }
  },
  {
   "key": "last_payment",
   "label": "Last payment (paid quarterly), ex-date Sep 18, 2026",
   "value": "$0.1088",
   "source": "Tiingo end-of-day distributions",
   "as_of": "2026-09-18",
   "sentence": "NRES, last payment (paid quarterly), ex-date Sep 18, 2026: $0.1088, as of Sep 18, 2026.",
   "cite": {
    "value": "$0.1088",
    "as_of": "2026-09-18",
    "source": "Tiingo end-of-day distributions",
    "url": "https://etfiq.com/funds/nres#fact-last-payment",
    "text": "NRES, last payment (paid quarterly), ex-date Sep 18, 2026: $0.1088, as of Sep 18, 2026."
   }
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$35m",
   "source": "issuer page, as of Nov 2, 2026",
   "as_of": "2026-11-02",
   "sentence": "NRES, net assets: $35m (issuer page, as of Nov 2, 2026).",
   "cite": {
    "value": "$35m",
    "as_of": "2026-11-02",
    "source": "issuer page, as of Nov 2, 2026",
    "url": "https://etfiq.com/funds/nres#fact-net-assets",
    "text": "NRES, net assets: $35m (issuer page, as of Nov 2, 2026)."
   }
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.45%",
   "source": "485BPOS XBRL, Dec 18, 2025",
   "as_of": "2025-12-18",
   "sentence": "NRES, expense ratio: 0.45% (485BPOS XBRL, Dec 18, 2025).",
   "cite": {
    "value": "0.45%",
    "as_of": "2025-12-18",
    "source": "485BPOS XBRL, Dec 18, 2025",
    "url": "https://etfiq.com/funds/nres#fact-expense-ratio",
    "text": "NRES, expense ratio: 0.45% (485BPOS XBRL, Dec 18, 2025)."
   }
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Natural resources",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "Feb 27, 2024",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "33.4%",
   "source": "ETFIQ"
  },
  {
   "key": "outside_the_s_p_500_by_weight",
   "label": "Outside the S&P 500, by weight",
   "value": "67%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "98.2%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "0.7%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "99.7%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "37.2%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "58",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Aug 31, 2026",
   "source": "SEC N-PORT"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "SHELL PLC 5.6%, NUTRIEN LTD 5.6%, NEWMONT CORP 4.3%, GLENCORE PLC 3.8%, EXXONMOBIL HOLDINGS CORP 3.8%, CHEVRON CORP 3.1%, ANGLOGOLD ASHANTI PLC 3.0%, CORTEVA INC 2.9%, SMURFIT WESTROCK PLC 2.7%, TECK RESOURCES LTD 2.5%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$35m",
   "source": "issuer page, as of Nov 2, 2026"
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "S&P Global Natural Resources Net TR index, measured by GNR, which tracks the same index",
   "source": "ETFIQ, from its filings"
  },
  {
   "key": "benchmark_named_in",
   "label": "Benchmark named in",
   "value": "its shareholder report, N-CSR, Nov 3, 2025",
   "source": null
  },
  {
   "key": "nres_1_year_to_nov_4_2026",
   "label": "NRES, 1 year to Nov 4, 2026",
   "value": "+27.4%",
   "source": null
  },
  {
   "key": "gnr_the_same_days",
   "label": "GNR, the same days",
   "value": "+32.9%",
   "source": null
  },
  {
   "key": "against_its_benchmark_1_year",
   "label": "Against its benchmark, 1 year",
   "value": "\u22125.5 pts",
   "source": "ETFIQ"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u22128.2%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.45%",
   "source": "485BPOS XBRL, Dec 18, 2025"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.46%",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Total return": "\u22121.7%",
   "Benchmark (GNR)": "\u22120.5%",
   "Gap to GNR": "\u22121.2 pts",
   "S&P 500 (SPY)": "\u22121.0%"
  },
  {
   "window": "3 months",
   "Total return": "+0.7%",
   "Benchmark (GNR)": "+1.4%",
   "Gap to GNR": "\u22120.7 pts",
   "S&P 500 (SPY)": "\u22120.1%"
  },
  {
   "window": "6 months",
   "Total return": "\u22123.0%",
   "Benchmark (GNR)": "+0.4%",
   "Gap to GNR": "\u22123.4 pts",
   "S&P 500 (SPY)": "+5.0%"
  },
  {
   "window": "Year to date",
   "Total return": "+15.6%",
   "Benchmark (GNR)": "+21.1%",
   "Gap to GNR": "\u22125.5 pts",
   "S&P 500 (SPY)": "+13.3%"
  },
  {
   "window": "1 year",
   "Total return": "+27.4%",
   "Benchmark (GNR)": "+32.9%",
   "Gap to GNR": "\u22125.5 pts",
   "S&P 500 (SPY)": "+14.8%"
  },
  {
   "window": "Since launch",
   "Total return": "+42.8%",
   "Benchmark (GNR)": "+51.7%",
   "Gap to GNR": "\u22128.9 pts",
   "S&P 500 (SPY)": "+56.2%"
  },
  {
   "window": "Since launch, annualised",
   "Total return": "+14.2%",
   "Benchmark (GNR)": "\u2013",
   "Gap to GNR": "\u2013",
   "S&P 500 (SPY)": "\u2013"
  }
 ],
 "questions": [
  {
   "q": "How much of NRES is in S&P 500 companies?",
   "a": "By its holdings filed for Aug 31, 2026, 33% of NRES by weight is stocks the S&P 500 already holds. Its active share against the index is 98%, so that share is the part doing something different."
  },
  {
   "q": "What does NRES hold?",
   "a": "58 positions as filed for Aug 31, 2026, with the top ten at 37% of the fund. The largest are SHELL PLC at 5.6%, NUTRIEN LTD at 5.6%, NEWMONT CORP at 4.3%."
  },
  {
   "q": "Has NRES beaten the S&P 500?",
   "a": "Over the year to Nov 4, 2026 NRES returned +27.4% with distributions reinvested, against +14.8% for the S&P 500, so it finished ahead of the index by 12.6 points."
  },
  {
   "q": "What does NRES cost?",
   "a": "The prospectus expense ratio is 0.45% a year. Because 98% of the fund differs from the S&P 500, the fee on that differing part works out at 0.46%."
  }
 ],
 "key_stats": [
  {
   "key": "high52",
   "label": "52-week high, daily closes to Nov 4, 2026",
   "value": "$36.43 on Aug 21, 2026",
   "as_of": "2026-08-21",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 36.4263,
   "window": {
    "from": "2025-11-05",
    "to": "2026-11-04"
   }
  },
  {
   "key": "low52",
   "label": "52-week low, daily closes to Nov 4, 2026",
   "value": "$27.14 on Nov 20, 2025",
   "as_of": "2025-11-20",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 27.1401,
   "window": {
    "from": "2025-11-05",
    "to": "2026-11-04"
   }
  },
  {
   "key": "inrange",
   "label": "Close on Nov 4, 2026, within that range",
   "value": "$33.34, 67% of the way from the low to the high",
   "as_of": "2026-11-04",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 33.3358
  },
  {
   "key": "beta",
   "label": "Beta to its benchmark, 1 year",
   "value": "0.99, against GNR",
   "as_of": "2026-11-04",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 0.985,
   "window": {
    "from": "2025-11-05",
    "to": "2026-11-04"
   }
  },
  {
   "key": "r2",
   "label": "R-squared, the same days",
   "value": "0.95",
   "as_of": "2026-11-04",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 0.951,
   "window": {
    "from": "2025-11-05",
    "to": "2026-11-04"
   }
  },
  {
   "key": "betawin",
   "label": "Beta and R-squared measured over",
   "value": "251 daily total returns, Nov 5, 2025 to Nov 4, 2026",
   "as_of": "2026-11-04",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "window": {
    "from": "2025-11-05",
    "to": "2026-11-04"
   }
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "58",
   "as_of": "2026-11-04",
   "source": null
  },
  {
   "key": "top10",
   "label": "Top ten holdings weight",
   "value": "37.2%",
   "as_of": "2026-11-04",
   "source": null
  }
 ],
 "trading": {
  "as_of": "2026-11-02",
  "score": null,
  "tier": null,
  "status": "not-scored",
  "lines": [
   "Not scored.",
   "Premium to NAV at the Nov 2 close: \u22120.59%; 95% of days within \u00b10.59%."
  ],
  "page": "https://etfiq.com/funds/nres/trading/"
 },
 "outside_us": [
  {
   "key": "statutory",
   "label": "US tax withheld on dividends, no treaty",
   "value": "30%",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf",
   "number": 30.0,
   "url": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf"
  },
  {
   "key": "treaty",
   "label": "Treaty rates on dividends (IRS table, read Oct 30, 2026)",
   "value": "65 countries, 10% to 30%",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf",
   "number": 65.0,
   "url": "https://www.irs.gov/individuals/international-taxpayers/tax-treaty-tables"
  },
  {
   "key": "qii",
   "label": "NRES interest-related and short-term gain dividends",
   "value": "not read by ETFIQ"
  },
  {
   "key": "estate",
   "label": "US estate tax filing threshold, non-resident holders",
   "value": "$60,000",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/instructions/i706na",
   "number": 60000.0,
   "url": "https://www.irs.gov/instructions/i706na"
  },
  {
   "key": "dist",
   "label": "Share class",
   "value": "Distributing",
   "source": "https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title26-section852&num=0&edition=prelim",
   "url": "https://etfiq.com/learn/non-us-holders"
  }
 ],
 "flows": {
  "as_of": "2026-11-02",
  "coverage": "daily",
  "computed_by": "ETFIQ, from the change in shares outstanding times the previous day\u2019s NAV",
  "method": "https://etfiq.com/methodology/flows",
  "data": "https://etfiq.com/data/flows/funds/nres.json",
  "windows": [],
  "latest_month": {
   "month": "2026-11",
   "net_flow_usd": 0,
   "net_flow": "$0",
   "source": "ETFIQ, the sum of its days, Nov 2 to Nov 2"
  }
 },
 "generated": "2026-11-05",
 "license": "https://etfiq.com/license/",
 "license_text": "Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, NRES, thematic ETFs, data as of Nov 4, 2026. https://etfiq.com/funds/nres"
}