IQ Global Resources ETF (GRES) And IQ Real Return ETF (CPI) Both Outperform Benchmarks At 3-Year Anniversary
IndexIQ, a leading developer of index-based, liquid alternative investment solutions, announced today that two of its Exchange-Traded Funds (ETFs) have marked their third anniversaries on October 27, 2012: the IQ Global Resources ETF (NYSE Arca: GRES) and the IQ Real Return ETF (NYSE Arca: CPI).
GRES was introduced on October 27, 2009 and is the broadest commodities and natural resources ETF, including: livestock; precious metals; grains, food and fiber; energy; industrial metals; plus timber, water, and coal. GRES is based on an index with over 5 years of live history, designed to reweight its allocations to individual commodity sectors monthly with a goal to “buy low and sell high.” The fund is diversified both geographically and by sector. This unique and market proven methodology has made GRES among the highest performing ETFs in the commodities and natural resources category during its three-year live history, as well as exhibiting among the lowest levels of volatility in its class.
From inception through its three-year anniversary, GRES performed as follows:
| As of 10/27/12 | As of 9/30/12 | |||||||||||||||||||||||||
| 1 Month | 3 month | YTD | 1 Year | 3 Year | 5 Year | Since Inception* | 1 Year | Since Inception* | ||||||||||||||||||
| IQ Global Resources ETF (GRES) | ||||||||||||||||||||||||||
| NAV | 2.53% | 10.72% | 4.13% | -0.81% | 5.34% | n/a | 5.34% | 4.80% | 4.68% | |||||||||||||||||
| Share Price | 2.69% | 11.04% | 4.46% | -1.48% | 5.39% | n/a | 5.39% | 4.96% | 4.43% | |||||||||||||||||
| Volatility | 10.24% | 10.50% | 11.44% | 13.84% | 14.81% | n/a | 14.81% | 14.75% | 14.81% | |||||||||||||||||
| IQ Global Resources Index (IQGREST) | ||||||||||||||||||||||||||
| Returns | 2.45% | 11.17% | 5.72% | 2.82% | 7.65% | 2.12% | 7.65% | 9.15% | 7.07% | |||||||||||||||||
| Volatility | 10.27% | 10.73% | 11.50% | 13.64% | 14.82% | 19.87% | 14.82% | 14.62% | 14.82% | |||||||||||||||||
| S&P North American Natural Resources Sector Index | ||||||||||||||||||||||||||
| Returns | -1.14% | 6.99% | 3.11% | 0.74% | 6.50% | -1.13% | 6.50% | 20.48% | 7.50% | |||||||||||||||||
| Volatility | 17.65% | 17.75% | 19.86% | 23.63% | 25.65% | 37.37% | 25.65% | 25.55% | 25.65% | |||||||||||||||||
| Dow Jones-UBS Commodity Index | ||||||||||||||||||||||||||
| Returns | -1.74% | 0.43% | 1.72% | -2.80% | 1.99% | -4.07% | 1.99% | 5.99% | 3.37% | |||||||||||||||||
| Volatility | 12.44% | 12.61% | 14.26% | 14.72% | 16.53% | 21.00% | 16.53% | 15.21% | 16.53% | |||||||||||||||||
Fund inception date is October 27, 2009. Performance data shown represents past performance and is not a guarantee of future results. Investment return and value of the Fund shares will fluctuate so that an investor’s shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than performance data quoted. Fund returns reflect dividends and capital gains distributions. GRES has an expense ratio of 0.75%. Fund performance current to the most recent month-end is available by calling 1-888-934-0777 or by visiting www.IndexIQ.com .
“We designed GRES to provide exposure to the full spectrum of the commodity universe and it remains the broadest commodity ETF available to investors today,” said IndexIQ CEO Adam Patti. “It is also the only broad-based commodity equity ETF to provide exposure to Timber, Water and Coal. We designed GRES to help solve what we believe to be significant structural issues of other leading commodity products, including the deleterious effects of contango and backwardation, the issuance of K-1s for the derivative-based ETFs, the significant overweight of energy inherent in many of the other competing products, and the high correlation to broad equities and high volatility that the equity-based commodity products exhibit. GRES has accomplished all of these goals through in its 3-year track-record, as well as the 5-year track-record of its underlying index.”Select the service that is right for you!
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