The most notable companies in this group are ConocoPhillips (NYSE:COP), Vale SA (NYSE:VALE), Freeport-McMoran (NYSE:FCX), Hess Corp (NYSE:HES), Valero Energy Corp (NYSE:VLO).
The investment seeks long-term capital appreciation; income is a secondary consideration.
Under normal conditions, the fund invests at least 80% of its net assets in securities of "global resource" companies and instruments that derive their value from "global resources". Global resources include precious metals (including gold), base and industrial metals, energy, natural resources and other commodities. A global resource company is a company that derives, directly or indirectly, at least 50% of its revenues from exploration, development, production, distribution or facilitation of processes relating to global resources.
The average market capitalization across the VanEck Global Resources Fund I MF is 48.44B. The market cap for tickers in the group ranges from 42.76B to 212.85B. SHEL holds the highest valuation in this group at 212.85B. The lowest valued company is VLO at 42.76B.
The average weekly volume growth across all stocks in the VanEck Global Resources Fund I MF was -60%. For the same stocks of the MF, the average monthly volume growth was -68% and the average quarterly volume growth was -62%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 52
P/E Growth Rating: 41
Price Growth Rating: 54
SMR Rating: 59
Profit Risk Rating: 53
Seasonality Score: 13 (-100 ... +100)