IQ
NRES
Xtrackers RREEF Global Natural Resources ETF
Category ThemesIssuer XtrackersNet assets $35mFee 0.45%
Trading · Xtrackers RREEF Global Natural Resources ETF

NRES bid-ask spread and liquidity

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As of Nov 2, 2026, NRES closed −0.59% from its NAV, and on 95% of the 2 days to then it was within ±0.59%.

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NRES fund page
·
Not scored

IQ Liquidity Score

· 1 of 6 measured · Nov 2, 2026
−0.59%
latest close, Nov 2
±0.59%
95% of days within
0 · Hard to trade100 · Trades like a giant

How easily this fund trades, from 0 to 100 on the same anchors for every fund; 100 is best. Method →

One dealer
Cost to trade
Not measured · the issuer's 30-day median spread is not read for this fund
·
Capacity
Not measured · no book of its holdings is read
·
Price fidelity
Not measured · 2 days of closing premium are held, under the 20 needed
·
Primary market
1 active dealer of 23; largest 100% of creations and redemptions, N-CEN to Aug 31, 2025
25.0
Bad-day behaviour
Not measured · 1 of the 10 worst days and 1 other days are held, under the 5 and 60 needed
·
Depth
Not measured · needs trade and quote data
·

Capacity: what its holdings can absorb in a day. Price fidelity: how close its price stays to NAV, the value of what it holds. Primary market: the dealers who create and redeem its shares. Bad-day behaviour: its premium on the market’s worst days. Depth: the dollars quoted at the bid and the ask. How to read the score →

Premium or discount to valueDaily, 2 days to Nov 2, 2026 · the ±1% band marked

Above zero: a premium. Below: a discount.

NRES premium or discount to NAV, 2 days+1%0−1%Oct 30, 2026Nov 2, 2026
Latest close, Nov 2
−0.59%
95% of days within
±0.59%
Days more than 1% from NAV
0 of 2
Widest
−0.59%, Nov 2, 2026
CapacityWhat the holdings can absorb a day

Not measured: no book of its holdings is read.

Who makes the market

Authorized participants · N-CEN, the year to Aug 31, 2025
Active dealers
1
of 23 authorized
Largest
100%
of creations and redemptions
One dealer
Yes
1 active

1 of 23 authorized participants created or redeemed NRES shares in the year to Aug 31, 2025. From the fund’s Form N-CEN, filed Nov 12, 2025.

APs create and redeem shares. Every AP →

Active APs, largest first, by share of dollars created and redeemed: J.P. Morgan Securities LLC (100.0%). 22 more were listed and created or redeemed nothing.

Where it trades

Q2 2026, 62 trading days
Odd lots, of exchange volume
19.5%

In Q2 2026, odd lots were 19.5% of NRES’s exchange volume.

Off exchange means wholesalers and dark pools. Odd lots are orders under 100 shares, a sign of retail trading.

How to place the order

To buy or to sell, up to $100,000
When
ETF spreads are usually widest in the first minutes after the open and the last before the close.
Watch
The premium to NAV, charted above: a buyer pays more, and a seller gets less, when it is wide.
Why low volume does not mean illiquid →Limit orders vs market orders for ETFs →
Not measured yet: these need trade data
Spread through the day

Median spread by half hour, 30 days.

Buyers against sellers

Volume bought at the ask against volume sold at the bid.

Retail flow, estimated

Trades priced in fractions of a cent, a sign of retail orders.

Large trades

Trades above $500k: how many, and their share of volume.

Closing auction

Share of the day’s volume at the close.

Questions people ask

Does NRES trade at a premium or discount to NAV?

It closed −0.59% from its NAV on Nov 2, 2026. On 95% of the 2 days to then it was within ±0.59%, and it closed more than 1% from NAV on 0 of them.

Who is the AP for NRES?

NRES’s latest Form N-CEN, for the period ending Aug 31, 2025, lists 23 authorized participants (APs), and 1 created or redeemed shares. The only active AP was J.P. Morgan Securities LLC.

Who is the LMM for NRES?

NRES is on none of the lead market maker (LMM) lists ETFIQ reads, from NYSE Arca, Cboe BZX and Nasdaq. Each list covers only that exchange’s own program, so this does not mean it has no LMM.
Where to next
ETF trading costs and liquidity→Cost-to-trade checker→Why low volume does not mean illiquidguide →Limit orders vs market orders for ETFsguide →How the IQ Liquidity Score is builtmethod →NRES fund page→
Sources and dates
Premium to NAVETFIQ, close against the issuer’s NAV · Oct 30, 2026 to Nov 2, 2026
DealersForm N-CEN · the year to Aug 31, 2025
Where it tradesSEC MIDAS · Q2 2026

The score measures trading conditions, not the fund. ETFIQ makes no recommendations.

Cite this pageCitation, APA and Markdown

ETFIQ, NRES trading: cost, capacity, premium and dealers, data as of Nov 2, 2026. https://etfiq.com/funds/nres/trading/

Open data →

The score measures trading conditions, not the fund. ETFIQ makes no recommendations.