SPDR S&P North American Natural Resources ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$48.71
- Net Assets:$0 Million
- NAV:$49.36
- Premium-1.32%
- Peer Rank:52 of 95
- Investment Rating:C+
- Performance:C
- RiskB-
We rate SPDR S&P N Amer Ntrl Resources ETF at C+. Positive factors that influence this rating include a well above average total return, low price volatility, low expense structure and long term portfolio management tenure. The fund may be considered for investors seeking a Sector - Energy/Natural Res strategy.
Total return ranks very high in comparison with peers over the last three years. The SPDR S&P N Amer Ntrl Resources ETF has returned an annual rate of 11.13% since inception. More recently, the fund has generated a total return of 12.04% in the last five years, 10.81% in the last three years, and -8.02% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 85% of them. It has also outpaced 86% of its competitors on a three year basis and 7% of them over the last year for the period ending 2/29/2024. On a year to date basis, NANR has returned -3.13%.
Downside risk has been below average. NANR has a draw down risk of -19.54%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 23.9%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As NANR is an exchange traded fund, it has no front end or back end load.
The SPDR S&P N Amer Ntrl Resources ETF is managed by Emiliano Rabinovich at SSgA Funds Management Inc. This fund is one of 128 SSgA Funds Management Inc exchange-traded funds launched since 1/22/1993 that we track.