NRESvsPHOETF Comparison
VS
Xtrackers RREEF Global Natural Resources ETF (NRES) and Invesco Water Resources ETF (PHO) belong to the same industry segment: Natural Resources. NRES's top 3 sector exposures are Non-Energy Materials, Energy and Consumer Non-Cyclicals. In contrast, PHO's top sector exposures are Industrials, Healthcare and Non-Energy Materials. NRES is less expensive with a Total Expense Ratio (TER) of 0.45%, versus 0.59% for PHO. NRES is up 17.79% year-to-date (YTD) with -$3M in YTD flows. PHO performs worse with 3.08% YTD performance, and -$126M in YTD flows. Run a side-by-side ETF comparison of NRES and PHO below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
NRES vs PHO performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/26/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | NRES PHO | +1.28%+5.26% | +5.05%+4.40% | +17.79%+3.08% | +26.45%-1.79% | n/a+45.77% | n/a+29.08% |
| Flows | NRES PHO | --$4M | +$14K-$54M | -$3M-$126M | -$4M-$155M | --$330M | --$428M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | NRES PHO | +14.44%+15.49% | +16.53%+15.79% | n/a+16.49% | n/a+18.41% |
| Max drawdown | NRES PHO | -8.41%-7.48% | -12.95%-13.81% | n/a-19.26% | n/a-28.58% |
| Max drawdown duration | NRES PHO | 64d78d | 169d277d | n/a250d | n/a715d |
Trading data
NRES | PHO | |
Last sale 10/26/2026 at 1:30 PM | $34.01 | $72.35 |
| Previous close 10/26/2026 | $34.15 | $72.29 |
| Consolidated volume 10/26/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
NRES
is actively managed and doesn’t replicate an indexNRES | PHO | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/26/2026 at 1:30 PM
Live
Closed
NRES | PHO | |
|---|---|---|
| Last price | $34.01 | $72.35 |
| 1D performance | -0.40% | +0.08% |
| AuM | $35.61 M | $2.01 B |
| E/R | 0.45% | 0.59% |
Characteristics
NRES | PHO | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Xtrackers by DWS | Invesco |
| Benchmark | - | NASDAQ OMX US Water Index |
| N° of holdings | 57 | 40 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 27, 2024 | December 6, 2005 |
| ESG | No | Yes |
Advertisement
Exposure
Countries
NRES
USA
44.63%
Canada
22.26%
United Kingdom
10.51%
Other
22.61%
PHO
USA
95.58%
Other
4.42%
Sectors
NRES
Non-Energy Materi.
57.81%
Energy
35.43%
Other
6.77%
PHO
Industrials
44.74%
Healthcare
17.72%
Non-Energy Materi.
15.33%
Technology
14.97%
Utilities
7.24%
Other
0%
Advertisement
Diversification
NRES
Total weight of top 15 holdings out of 15
48.41%
PHO
Total weight of top 15 holdings out of 15
73.12%
Top 15 holdings
Data as of August 31, 2026
NRES
Nutrien Ltd.
5.65%
Shell Plc
5.46%
Newmont Corp.
4.60%
Glencore Plc
3.70%
ExxonMobil Holdings Corp.
3.59%
Anglogold Ashanti Plc
3.18%
Corteva, Inc.
2.96%
Chevron Corp.
2.94%
Smurfit WestRock Plc
2.76%
Teck Resources Limited
2.65%
Steel Dynamics, Inc.
2.62%
Gold Fields Ltd.
2.21%
Kinross Gold Corp.
2.18%
Stora Enso Oyj
2.01%
Packaging Corporation of America
1.92%
PHO
Roper Technologies, Inc.
9.56%
Ecolab, Inc.
8.22%
Waters Corp.
7.31%
Ferguson Enterprises, Inc.
6.67%
IDEXX Laboratories, Inc.
6.13%
Veralto Corp.
4.40%
Agilent Technologies, Inc.
4.28%
American Water Works Co., Inc.
4.08%
Xylem, Inc.
3.79%
Jacobs Solutions, Inc.
3.64%
IDEX Corp.
3.62%
Trimble, Inc.
3.06%
Pentair plc
2.91%
Advanced Drainage Systems, Inc.
2.77%
AECOM
2.66%
Frequently asked questions about NRES and PHO
How have the NRES and PHO ETFs performed in 2026?
As of October 26, 2026, NRES is up 17.79% year-to-date (YTD), while PHO has returned 3.08%. That puts NRES better performer ahead so far this year.
Which ETF is attracting more investor money: NRES or PHO?
Year-to-date, the NRES ETF saw -$3M in flows, compared to -$126M for PHO.
Which ETF is more volatile: NRES or PHO?
Over the past year, NRES had a volatility of 16.53%, while PHO experienced 15.79%.
Which ETF is bigger: NRES or PHO?
As of October 26, 2026, NRES holds $35.61 M in assets under management (AUM), while PHO manages $2.01 B.
What sectors do the NRES and PHO ETFs invest in?
NRES leans toward sectors like Non-Energy Materials and Energy. Meanwhile, PHO focuses on Industrials, Healthcare and Non-Energy Materials.
What are the top holdings of the NRES ETF and PHO ETF?
NRES top holdings include Nutrien Ltd., Shell Plc and Newmont Corp.. PHO holds in its top three: Roper Technologies, Inc., Ecolab, Inc. and Waters Corp..
Which ETF is more diversified: NRES or PHO?
NRES holds 58 securities with 48.41% of its assets in the top 15. PHO has 40 securities and a top 15 weight of 73.12%.
Advertisement
Latest news about NRES & PHO
Could Water ETFs Be the Next AI Bottleneck Trade?
September 10, 2026
PHO
There's an ETF for that? The 3 Best ETFs for Investing in Water
January 17, 2024
PHO
3 Water ETFs for Thirsty Investors
February 3, 2023
PHO
Advertisement
Advertisement
