IGE vs NRES

IGEAiShares North American Natural Resources ETF

NRESCXtrackers RREEF Global Natural Resources ETF

In short

IGE A 2001-vintage way to own the stuff the economy digs up and drills for: US and Canadian energy, metals, miners and timber in one market-cap-weighted basket, priced below the natural-resources average.

NRES DWS's first US active ETF, and it swings at the unglamorous stuff: a global, go-anywhere basket of miners, drillers, growers and forestry names hand-picked by the firm's real assets desk, priced at 0.45% a year.

Stated mandate

IGE The fund seeks to follow an index representing North American equities in the natural-resources sector.

NRES The fund seeks total return through capital appreciation and current income. It is actively managed and does not seek to replicate a specific index.

Why people hold it

• IGE Launched in October 2001, one of the longest-running natural-resources ETFs on the tape, with several full commodity cycles behind it.investing.com
• 0.37% a year sits under the natural-resources cohort median of 0.41%, and well under GUNR's 0.47%.
• About 150 names spanning oil and gas, metals and mining, and paper and forest products, so it reaches past the usual oil-major shortlist.investing.com
• Plain index tracking from iShares, distributions paid quarterly, and one of the stronger builds in its natural-resources peer group.ishares.com

• NRES Charges 0.45% a year, below the typical active equity ETF fee in its peer group, for a portfolio that is genuinely hand-picked rather than index-tracked.
• Casts a wide net across metals, energy, agriculture and paper and forestry, in developed and emerging markets, up and down the market-cap scale.etfstrategy.com
• Two-handed mandate: total return from capital appreciation and current income, with cash paid quarterly. The income leg is written into the objective, not bolted on.
• DWS's Liquid Real Assets team sets the subsector mix, and the portfolio managers pick the individual names within it. A clear division of labor, not a black box.etftrends.com

Worth knowing

• IGE North America only. GNR and GUNR cast a global net, which picks up large overseas miners this one leaves on the table.
• Market-cap weighting hands the largest energy names the heaviest slots, and the basket rides the commodity cycle in both directions.
• Mid-sized and moderately traded rather than a mega-liquid giant, so spreads deserve a look on larger orders.

• NRES Thinly traded with a small asset base, so bid-ask spreads tend to be wider and less predictable than in the big index funds sitting next to it.
• Concentrated and non-diversified: roughly 60 holdings in sectors that ride the commodity price cycle, which means bumpier moves than a broad global equity fund.yahoo.com
• Launched in 2024, so the live track record for this manager and this strategy is still short.

Full IGE profile⁠

Full NRES profile⁠