IQ ARB Global Resources

GRES is a Global Equities ETF. The IQ Global Resources ETF seeks investment results that correspond before fees and expenses to the price and yield performance of the IQ Global Resources Index. The Index uses momentum and valuation factors to identify global companies that operate in commodity-specific market segments and whose equity securities trade in developed markets including the U.S. These segments include the major commodity sectors (Precious Metals Industrial Metals Livestock Energy and Grains Food & Fiber) plus Timber Water and Coal. The Index also includes short exposure to global equities as a partial equity market hedge.

GRES tracks the IQ Global Resources Index.

No, GRES is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, GRES is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on GRES is 0.0153%. This is the percent change in the value of GRES over the most recent 1-month period. The 3-month return on GRES is 0.0237%. This is the percent change in the value of GRES over the most recent 3-month period.

The standard deviation of GRES for the past year is 0.1905%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to GRES include PBW, IGF, and ARKK.

ETFs correlated to GRES include GNR, GUNR, and RLY.

ETFs that are inversely correlated to GRES include EFZ, EPV, and OILD.