Xtrackers RREEF Global Natural Resources ETF
NRES
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 875 Third Avenue New York NY United States of America 10022
- IPO Date
- Feb 27, 2024
- Website
- etf.dws.com
- Similar Companies
- Business
- Xtrackers RREEF Global Natural Resources ETF (NRES) is an actively managed exchange-traded fund that seeks total return from capital appreciation and current income through investments in equity and equity-related securities of global companies in the natural resources sector. The fund invests at least 80% of its net assets in securities across GICS categories including agriculture (agricultural products and services, fertilizers and agricultural chemicals, forest products, paper and plastic packaging products and materials, paper products, timber REITs); oil and gas (integrated oil and gas, oil and gas drilling, exploration and production, refining and marketing, equipment and services); coal (coal and consumable fuels); industrial metals (aluminum, diversified metals and mining, steel, copper); and precious metals (gold, precious metals and minerals, silver), with exposure to companies of any market capitalization via common stock, preferred stock, convertibles, rights, warrants, REIT equity securities, ADRs, EDRs, and GDRs. Up to 20% of assets may be allocated to related non-natural resources securities, investment-grade or high-yield debt, short-term liquidity instruments, or affiliated/unaffiliated ETFs for commodity or niche exposure; the fund concentrates 25% or more in natural resources industries, is non-diversified, and emphasizes non-U.S. issuers across developed and emerging markets in regions such as the United States, United Kingdom, Canada, Eurozone, and Latin America. Launched on February 26, 2024, as DWS's first actively managed U.S.-listed ETF under the Xtrackers brand, NRES is managed by DBX Advisors LLC with target allocations from subadvisor RREEF America L.L.C., utilizing top-down macroeconomic analysis of supply/demand dynamics, geopolitical factors, and bottom-up security selection incorporating fundamentals, ESG considerations, and inter-segment relationships; it trades on NASDAQ with a net expense ratio of 0.45% and is part of DBX ETF Trust, headquartered at 875 Third Avenue, New York, New York. Recent developments include a reduction in Creation Unit size from 25,000 to 10,000 shares effective January 27, 2025, to enhance liquidity and accessibility, alongside ongoing portfolio adjustments amid post-launch portfolio turnover of 49% through fiscal year-end and net assets reaching approximately $32 million as of late 2025.