TURF: T. ROWE PRICE NATURAL RESOURCES ETF
ETF Education Report: T. Rowe Price Natural Resources ETF (TURF)
What this ETF is trying to do
The T. Rowe Price Natural Resources ETF (ticker: TURF) is an exchange-traded fund that focuses on natural resources. Based on its top holdings, the fund invests in various companies involved in sectors like agriculture, energy, and mining. Examples of top holdings include Corteva Inc, Shell PLC, Nutrien Ltd, and ExxonMobil Holdings Corp. Please note that the list of holdings provided is only a partial list of the 93 total holdings in the fund, and holdings can change over time.
What the numbers show
The current price of one share is $34.55. When looking at how the price has moved, we can see two different types of returns:
• Price Return: This measures only the change in the share price. The year-to-date (YTD) price return is approximately 19.09%. The one-year price return is approximately 27.61%.
• Total Return: This includes both the share price change and any distributions (cash payments) made to investors. The YTD total return is approximately 19.09%, and the one-year total return is approximately 29.50%.
To give you an idea of the price movement, the estimated price from roughly one year ago was $27.08.
Income and distribution explanation
Some investors look for ETFs that pay out cash, known as distributions. This ETF has a distribution yield of approximately 1.25%. The trailing distributions were $0.432 per share. The fund's distribution frequency is described as "irregular" or "less frequent," with one payout recorded in the last 12 months. It is important to remember that a distribution yield tells you how much cash was paid out relative to the price, but it is not the same thing as your total return.
NAV erosion explanation
"NAV erosion" refers to a situation where the value of the underlying assets in the fund decreases significantly. StockValueFinder uses an "erosion-risk score" to help measure this risk. For TURF, the erosion score is 100, and the label indicates "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag present.
Pros
• The fund has shown positive price returns both year-to-date and over the last year.
• The total return over the last year (29.50%) was higher than the price-only return (27.61%), meaning distributions added value to the overall return.
• The fund does not currently show signs of price erosion according to the provided risk scores.
Cons
• The distribution frequency is irregular, meaning you may not receive cash payments on a predictable schedule.
• The income rating grade is a "C."
Beginner takeaway
When looking at an ETF like TURF, it is helpful to distinguish between the share price and the total return. While the share price tells you what it costs to buy a piece of the fund, the total return shows how much value you actually gained including any cash payments. Always remember that high yields or price increases in the past do not guarantee what will happen in the future.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | CORTEVA INC | CTVA | 5.55% |
| 2 | SHELL PLC | n/a | 4.20% |
| 3 | NUTRIEN LTD | n/a | 4.19% |
| 4 | EXXONMOBIL HOLDINGS CORP | XOM | 4.10% |
| 5 | BHP GROUP LTD | n/a | 3.83% |
| 6 | ARCHER-DANIELS-MIDLAND CO | ADM | 3.35% |
| 7 | CHEVRON CORP | CVX | 3.09% |
| 8 | AGNICO EAGLE MINES LTD | n/a | 2.99% |
| 9 | YUAN RENMINBI OFFSHORE | n/a | 2.92% |
| 10 | FREEPORT-MCMORAN INC | FCX | 2.72% |