CVRD vs. NRES ETF Comparison
Comparison of Madison Covered Call ETF (CVRD) to Xtrackers RREEF Global Natural Resources ETF (NRES)
CVRD
Madison Covered Call ETF
CVRD Description
The fund will seek to achieve its objectives by (1) investing in common stocks of equity securities that pay dividends and (2) writing (i.e., selling) covered call options on a substantial portion of its portfolio of securities. Under normal market conditions, the fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in equity securities of companies, including other investment companies.
Grade (RS Rating)
Last Trade
$19.58
Average Daily Volume
6,646
42
NRES
Xtrackers RREEF Global Natural Resources ETF
NRES Description
NRES is the first actively managed ETF by DWS. It aims for total return, focusing on the global natural resources sector, encompassing agriculture, energy, and metals industries. The funds strategic approach involves top-down and bottom-up research to allocate its investments, considering factors like supply/demand, ESG criteria, and market interrelations. Insight into commodity-price cycles, sector interdependencies and trends guide its decision-making process amid evolving market condition. This approach enhances the ability of NRES to harness investment prospects. Additionally, the fund may concentrate its investments in non-US issuers and diversify up to 20% of its assets into debt securities, short-term investments, and ETFs for liquidity purposes and enhanced risk management. By leveraging this flexibility, NRES seeks to deliver optimal returns while navigating the complexities of the natural resources space. The funds goal is to position itself to seize investment opportunities for long-term growth and value creation.Grade (RS Rating)
Last Trade
$25.49
Average Daily Volume
723
26
Performance
| Period | CVRD | NRES |
|---|---|---|
| 30 Days | 0.00% | -4.06% |
| 60 Days | 2.27% | -2.08% |
| 90 Days | 2.63% | -4.08% |
| 12 Months | 9.76% |
CVRD Overweight 40 Positions Relative to NRES
| Symbol | Grade | Weight | |
|---|---|---|---|
| LVS | C | 3.94% | |
| CSCO | A | 3.93% | |
| CME | B | 3.61% | |
| GOOG | C | 3.57% | |
| ADBE | C | 3.2% | |
| V | A | 3.11% | |
| GLW | B | 2.87% | |
| CMCSA | B | 2.87% | |
| PYPL | A | 2.84% | |
| MDT | D | 2.82% | |
| STZ | D | 2.81% | |
| MSFT | C | 2.53% | |
| TMUS | A | 2.52% | |
| ABT | C | 2.51% | |
| MCHP | F | 2.4% | |
| A | F | 2.37% | |
| ACN | B | 2.36% | |
| APD | B | 2.32% | |
| HON | B | 2.21% | |
| AMZN | A | 2.14% | |
| AES | F | 2.12% | |
| UPS | C | 2.08% | |
| AMD | F | 2.05% | |
| EMR | A | 2.03% | |
| TXN | B | 1.9% | |
| LH | B | 1.74% | |
| PEP | D | 1.71% | |
| AMT | F | 1.67% | |
| LOW | B | 1.66% | |
| APH | B | 1.63% | |
| HPE | B | 1.56% | |
| MTDR | B | 1.56% | |
| UNP | D | 1.55% | |
| DHR | F | 1.5% | |
| JNJ | D | 1.48% | |
| FAST | B | 1.27% | |
| ROST | D | 1.03% | |
| RIG | C | 0.9% | |
| DLTR | F | 0.78% | |
| APA | F | 0.64% |
CVRD Underweight 24 Positions Relative to NRES
| Symbol | Grade | Weight | |
|---|---|---|---|
| XOM | B | -7.77% | |
| CTVA | C | -3.99% | |
| SW | B | -3.46% | |
| FCX | F | -2.93% | |
| VALE | F | -2.75% | |
| GOLD | F | -2.63% | |
| CLF | F | -1.83% | |
| WY | F | -1.7% | |
| CVX | A | -1.43% | |
| FANG | C | -1.27% | |
| CTRA | B | -1.26% | |
| AVY | F | -1.25% | |
| MOS | D | -1.2% | |
| BG | D | -1.19% | |
| GPK | D | -1.17% | |
| SEE | C | -0.89% | |
| VLO | C | -0.75% | |
| NEM | F | -0.73% | |
| SUZ | B | -0.69% | |
| SLGN | B | -0.61% | |
| NUE | D | -0.56% | |
| INGR | B | -0.49% | |
| DAR | B | -0.46% | |
| FMC | F | -0.44% |
CVRD: Top Represented Industries & Keywords
NRES: Top Represented Industries & Keywords
Compare ETFs
