ETF Spotlight: IndexIQ Global Resources | ETF Trends

ETF spotlight on IQ ARB Global Resources ETF (NYSEArca: GRES), part of an ongoing series.

Assets: $66.8 million.

Objective: The IQ Global Resources ETF tries to reflect the performance of the IQ Global Resources Index, which holds global companies that operate in commodity sub-sectors based on momentum and valuation factors.

Holdings: Top holdings include: Invesco Treasury Institutional 7.3%, Sandvik AB 5.4%, Kraft Foods Inc. (NYSE: KFT) 4.3%, Barrick Gold Corp. (NYSE: ABX) 3.6% and ITT Corp. (NYSE: ITT) 3.5%.