Investment Test Drive

GRES IQ Global Resources ETF

1 lower fee alternative found

FeeX scanned the market for similar funds with lower fees and better past returns
Show results with
Investing
$
  YOU ASKED ABOUT FEATURED ALTERNATIVE ?
Fund GRES IQ Global Resources ETF HAP VanEck Vectors Natural Resources ETF  
Similarity
?
100% 88%
Annual Fees
?
$82.45
(0.78% Exp. Ratio)
$52.85
(0.50% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.70% annual return
$41,740.64 $45,422.90
Est. savings over 30 yrs +$3,682.26
Return
As of 12/31/16
1 YR RETURN 20.18%
3 YR -2.77%
5 YR -0.88%
10 YR --
1 YR RETURN 24.93%
3 YR -2.41%
5 YR 1.55%
10 YR --
Description
The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Global Resources Index. The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index. The underlying index seeks to employ a systematic investment process designed to identify opportunities in markets exhibiting trending or momentum characteristics across commodity asset classes, represented by companies that operate in commodity-specific market segments and whose equity securities trade in developed markets, including the U.S.
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Rogersä-Van Eck Natural Resources Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of publicly traded companies engaged (derive greater than 50% of revenues from applicable sources) in the production and distribution of commodities and commodity-related products and services in the following sectors: 1) Agriculture; 2) Alternatives (Water & Alternative Energy); 3) Base and Industrial Metals; 4) Energy; 5) Forest Products; and 6) Precious Metals.

Join FeeX to view all alternatives, get more data and filtering options, and be able to automatically scan all your investments for lower fee replacements.

It's free!

The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

+

Your Feedback has been sent successfully!