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T. Rowe Price Natural Resource ETF TURF posts strong 12-month returns

The active natural resources ETF charges a 44 basis point fee and has gained 24% year to date, backed by energy holdings like Exxon Mobil and Shell.

Reported · Written up by our desk · ETFs

ETF Trends highlights the T. Rowe Price Natural Resource ETF, TURF, as investors increasingly look to active exchange traded funds amid heightened geopolitical risk affecting energy and other resource prices.

The fund charges a 44 basis point fee and uses a bottom-up approach with value and growth metrics to build a portfolio of 60 to 80 stocks tied to upstream extraction of mineral, agricultural, and energy products, according to ETF Trends.

ETF Database data cited by ETF Trends shows TURF returned 35.7% over the last 12 months and is up 24% year to date. The article points to energy names in the portfolio, noting that Exxon Mobil has returned 38% and Shell has gained 19.9% year to date.

ETF Trends also links TURF’s outlook to rising global energy and commodity costs, the ongoing Hormuz conflict, and next year’s El Nino impacts, including effects on nitrogen fertilizer production. The outlet frames TURF as an active, flexible way to seek upside during volatility.

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