NANR
SPDR S&P North American Natural Resources ETF
📎 Investment Objective
The SPDR S&P North American Natural Resources ETF (NANR) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P North American Natural Resources Sector Index.
Overview
ETF tracking SPDR S&P North American Natural Resources ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The SPDR S&P North American Natural Resources ETF (NANR) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P North American Natural Resources Sector Index.
🎯 Investment Strategy
The fund employs a passive management approach, attempting to track the performance of the underlying index by investing in a representative sample of the securities included in the index. The index includes companies in the natural resources and commodities-related sectors of the North American market.
✨ Key Features
- Broad exposure to North American natural resources and commodities companies
- Passively managed to track the performance of the underlying index
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific sector
- Commodity price fluctuations can impact the performance of underlying companies
- Potential for higher volatility compared to the broader market
- Limited liquidity and trading volume due to the fund's small asset size
👤 Best For
This ETF may be suitable for investors seeking broad exposure to the North American natural resources and commodities sector as part of a diversified portfolio. However, due to the fund's limited performance history and small asset size, it may be more appropriate for experienced investors with a higher risk tolerance and a long-term investment horizon.