NRES vs. DEUS

Last updated Jun 23, 2026

NRES (Xtrackers RREEF Global Natural Resources ETF) and DEUS (Xtrackers Russell US Multifactor ETF) are both exchange-traded funds - NRES is a Natural Resources fund actively managed by Xtrackers, while DEUS is a Mid Cap Blend Equities fund tracking the Russell 1000 Comprehensive Factor Index. NRES is actively managed, while DEUS is passively managed. Over the past year, NRES returned 27.15% vs 20.46% for DEUS. A 0.55 correlation means they provide meaningful diversification when combined. NRES charges 0.45%/yr vs 0.17%/yr for DEUS.

Performance

NRES vs. DEUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers RREEF Global Natural Resources ETF (NRES) and Xtrackers Russell US Multifactor ETF (DEUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NRES achieves a 9.86% return, which is significantly lower than DEUS's 11.94% return.

NRES

• 1D: -0.31%
• 1M: -5.25%
• YTD: 9.86%
• 6M: 9.71%
• 1Y: 27.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DEUS

• 1D: 0.42%
• 1M: 1.82%
• YTD: 11.94%
• 6M: 10.86%
• 1Y: 20.46%
• 3Y*: 16.11%
• 5Y*: 9.91%
• 10Y*: 11.69%

*Multi-year figures are annualized to reflect compound growth (CAGR)

NRES vs. DEUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NRES Xtrackers RREEF Global Natural Resources ETF	9.86%	27.08%	-3.05%
DEUS Xtrackers Russell US Multifactor ETF	11.94%	10.41%	9.50%

Correlation

The correlation between NRES and DEUS is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (All Time) Calculated using the full available price history since Feb 27, 2024	0.55

The correlation between NRES and DEUS has been stable across timeframes, ranging from 0.50 to 0.55 - a consistent structural relationship.

NRES vs. DEUS - Sectors Allocation Comparison

Sectors	NRES	DEUS
Basic Materials	48.9%	4.5%
Energy	32.7%	5.1%
Consumer Cyclical	9.2%	10.5%
Consumer Defensive	6.0%	7.3%
Real Estate	1.4%	4.2%
Healthcare	1.0%	11.4%
Industrials	0.9%	17.0%
Communication Services	-	3.7%
Financial Services	-	11.7%
Technology	-	17.7%
Utilities	-	6.9%

Return for Risk

NRES vs. DEUS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NRES

NRES Risk / Return Rank: 49
NRES Sharpe Ratio Rank: 47
NRES Sortino Ratio Rank: 43
NRES Omega Ratio Rank: 43
NRES Calmar Ratio Rank: 58
NRES Martin Ratio Rank: 56

DEUS

DEUS Risk / Return Rank: 59
DEUS Sharpe Ratio Rank: 56
DEUS Sortino Ratio Rank: 58
DEUS Omega Ratio Rank: 52
DEUS Calmar Ratio Rank: 63
DEUS Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NRES vs. DEUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers RREEF Global Natural Resources ETF (NRES) and Xtrackers Russell US Multifactor ETF (DEUS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	NRES	DEUS	Difference
Sharpe ratio: Return per unit of total volatility	1.56	1.83	-0.27
Sortino ratio: Return per unit of downside risk	2.11	2.68	-0.57
Omega ratio: Gain probability vs. loss probability	1.27	1.32	-0.05
Calmar ratio: Return relative to maximum drawdown	2.80	3.01	-0.21
Martin ratio: Return relative to average drawdown	9.51	11.40	-1.89

NRES vs. DEUS - Sharpe Ratio Comparison

The current NRES Sharpe Ratio is 1.56, which is comparable to the DEUS Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of NRES and DEUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NRES vs. DEUS - Drawdown Comparison

The maximum NRES drawdown since its inception was -22.22%, smaller than the maximum DEUS drawdown of -40.47%. Use the drawdown chart below to compare losses from any high point for NRES and DEUS.

Drawdown Indicators

	NRES	DEUS	Difference
Max Drawdown Largest peak-to-trough decline	-22.22%	-40.47%	+18.25%
Max Drawdown (1Y) Largest decline over 1 year	-9.74%	-6.83%	-2.91%
Max Drawdown (3Y) Largest decline over 3 years	—	-16.69%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.89%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-40.47%	—
Current Drawdown Current decline from peak	-9.74%	-0.79%	-8.95%
Average Drawdown Average peak-to-trough decline	-5.26%	-4.32%	-0.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.86%	1.80%	+1.06%

Volatility

NRES vs. DEUS - Volatility Comparison

Xtrackers RREEF Global Natural Resources ETF (NRES) has a higher volatility of 5.68% compared to Xtrackers Russell US Multifactor ETF (DEUS) at 3.17%. This indicates that NRES's price experiences larger fluctuations and is considered to be riskier than DEUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NRES	DEUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.68%	3.17%	+2.51%
Volatility (6M) Calculated over the trailing 6-month period	13.86%	8.37%	+5.49%
Volatility (1Y) Calculated over the trailing 1-year period	17.48%	11.23%	+6.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.14%	15.56%	+2.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.14%	18.00%	+0.14%

NRES vs. DEUS - Expense Ratio Comparison

NRES has a 0.45% expense ratio, which is higher than DEUS's 0.17% expense ratio.

Dividends

NRES vs. DEUS - Dividend Comparison

NRES's dividend yield for the trailing twelve months is around 2.58%, more than DEUS's 1.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DEUS Xtrackers Russell US Multifactor ETF	1.42%	1.59%	1.36%	1.49%	1.74%	1.14%	1.61%	1.65%	1.77%	1.31%	2.75%
NRES Xtrackers RREEF Global Natural Resources ETF	2.58%	2.65%	3.23%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NRES and DEUS in my portfolio?

NRES and DEUS have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NRES or DEUS?

NRES has higher volatility (5.68%) compared to DEUS (3.17%). In terms of maximum drawdown, NRES dropped -22.22% vs DEUS's -40.47%.

Which ETF is better, NRES or DEUS?

On 1-year performance, NRES leads with 27.15% vs 20.46% for DEUS. On fees, DEUS is cheaper at 0.17% per year. On volatility, DEUS has been the lower-risk option at 3.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NRES or DEUS?

Over the 1-year period, NRES has performed better with a 27.15% return vs 20.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NRES or DEUS?

DEUS is cheaper with a 0.17% expense ratio, compared with 0.45% for NRES.

Which ETF pays a higher dividend yield, NRES or DEUS?

NRES has the higher dividend yield at 2.58%, compared with 1.42% for DEUS.

What is the main difference between NRES and DEUS?

NRES is categorized as Natural Resources, while DEUS is Mid Cap Blend Equities. Their fees differ too: 0.45% for NRES and 0.17% for DEUS.

Which has better risk-adjusted returns?

DEUS currently has the higher Sharpe Ratio (1.83 vs 1.56), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.