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This ETF offers exposure to the materials sector outside the U.S., a corner of the international economy that includes companies engaged in the extraction and production of various natural resources (and therefore potentially useful as a means of establishing "indirect" commodity exposure through commodity-intensive companies). Given the sector-specific focus, IRV likely doesn't deserve a core allocation, but may be useful as a means of implementing a tactical tilt towards the materials sector, or as part of a long/short trade (e.g., long IRV, short XLB). Investors seeking more targeted exposure to companies engaged in the production of a certain type of raw material likely have a more granular ETF available to them; the Commodity Producers Equities ETFdb Category includes dozens of resource-specific funds, ranging from agribusiness to gold to timber. In terms of balance, though the underlying portfolio includes well more than 100 individual stocks, there are some significant allocations to a few of the bigger names in the fund, resulting in a somewhat top-heavy exposure. Overall, IRV can be an excellent means of establishing exposure to the materials sector while steering clear of U.S. stocks; the price tag is reasonable, and this fund offers broad-based exposure to an often volatile sector.
The adjacent table gives investors an individual Realtime Rating for IRV on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Materials with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb.com Category.
This ETF is not currently available for commission free trading on any platforms.
There are 4 other ETFs in the Materials ETFdb.com Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of IRV relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
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