# Portfolio overlap — IGNRX vs PWER

Comparing **Nomura Natural Resources Fund** (2026-03-31) and **Nomura Energy Transition ETF** (2026-03-31).

- Shared positions: 13
- Nomura Natural Resources Fund covered by Nomura Energy Transition ETF: 0.3094430076780823468152472768
- Nomura Energy Transition ETF covered by Nomura Natural Resources Fund: 0.3094430076780823468152472767

## Nomura Natural Resources Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| STEEL DYNAMICS INC | 0.040340 | ✓ |
| NUTRIEN LTD | 0.039235 |  |
| DIAMONDBACK ENERGY INC | 0.039071 |  |
| NEWMONT CORP | 0.036794 |  |
| COMMSTCK | 0.035108 |  |
| CORE NATURAL RESOURCES INC | 0.033728 |  |
| CONOCOPHILLIPS | 0.032857 | ✓ |
| GLENCORE PLC | 0.032022 |  |
| SHELL PLC | 0.029775 |  |
| CAN NATURAL RES | 0.029399 |  |
| ANGLO AMER PLC | 0.028044 | ✓ |
| HUDBAY MINERALS | 0.026680 | ✓ |
| ALCOA CORP | 0.026312 | ✓ |
| INTL PAPER CO | 0.025137 |  |
| BUNGE GLOBAL SA | 0.024097 |  |
| CRH PLC | 0.024070 |  |
| AGNICO EAGLE MINES LTD | 0.024011 |  |
| ARC RESOURCES LTD | 0.023904 | ✓ |
| PERMIAN RESOURCES CORP CL A | 0.023712 | ✓ |
| WEST FRASER TIMB | 0.023672 |  |
| VALERO ENERGY CORP | 0.023451 | ✓ |
| COEUR MINING INC | 0.023354 | ✓ |
| CORTEVA INC | 0.023081 |  |
| PEABODY ENERGY CORP | 0.021265 |  |
| KIMBELL ROYALTY PARTNERS LP 0.00000000 | 0.020897 |  |
| CF INDUSTRIES HOLDINGS INC | 0.020603 |  |
| SMURFIT WESTROCK PLC | 0.019328 |  |
| ARCOSA INC | 0.019227 | ✓ |
| HELMERICH & PAYN | 0.019133 |  |
| OVINTIV INC | 0.018906 |  |
| TECK RESOURCES-B | 0.017574 | ✓ |
| SLB LTD | 0.017440 |  |
| CHORD ENERGY CORP | 0.016907 | ✓ |
| EXPAND ENERGY CORP | 0.015838 | ✓ |
| BARRICK MINING CORP | 0.014969 |  |
| WEATHERFORD INTERNATIONAL PLC | 0.012724 |  |
| ELDORADO GOLD | 0.012356 |  |
| Unit Corporation | 0.012330 |  |
| JBS NV, Class A | 0.011983 |  |
| LOUISIANA PACIFIC CORP | 0.010403 |  |
| BlackRock Liquidity FedFund - Institutional Class | 0.010301 |  |
| MONEYMKT | 0.010301 |  |
| MSILF-GOVT-INS | 0.010301 |  |
| MONEYMKT | 0.010301 |  |
| TITAN SA | 0.009062 |  |

## Nomura Energy Transition ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| ALCOA CORP | 0.051709 | ✓ |
| STEEL DYNAMICS INC | 0.050990 | ✓ |
| HUDBAY MINERALS | 0.050922 | ✓ |
| ERO COPPER CORP | 0.050675 |  |
| CONOCOPHILLIPS | 0.046068 | ✓ |
| VALERO ENERGY CORP | 0.044469 | ✓ |
| EOG RESOURCES INC | 0.039563 |  |
| SHELL PLC SPONS ADR | 0.038569 |  |
| ARC RESOURCES LTD | 0.038496 | ✓ |
| FIRST SOLAR INC | 0.038401 |  |
| EQT CORPORATION | 0.036594 |  |
| WHEATON PRECIOUS METALS CORP | 0.035397 |  |
| HF SINCLAIR CORP | 0.034442 |  |
| EXPAND ENERGY CORP | 0.032321 | ✓ |
| ARCOSA INC | 0.031466 | ✓ |
| PERMIAN RESOURCES CORP CL A | 0.030951 | ✓ |
| VALTERRA PLATINU | 0.030568 |  |
| BAKER HUGHES CO | 0.030413 |  |
| GENERAC HOLDINGS INC | 0.028841 |  |
| TECK RESOURCES-B | 0.027952 | ✓ |
| CHORD ENERGY CORP | 0.027691 | ✓ |
| GE VERNOVA LLC | 0.024875 |  |
| Invesco Government & Agency Portfolio, Institutional Class | 0.024144 |  |
| ANGLO AMER PLC | 0.023888 | ✓ |
| CAMECO CORP | 0.021201 |  |
| COEUR MINING INC | 0.018753 | ✓ |
| METHANEX CORP | 0.018717 |  |
| TIMKENSTEEL CORP | 0.018496 |  |
| NEXANS SA | 0.014890 |  |
| JOHNSON MATTHEY PLC COMMON STOCK | 0.012070 |  |
| VISTRA CORP | 0.011848 |  |
| MP MATERIALS CORP | 0.007826 |  |
| CONSTELLATION ENERGY CORP | 0.006789 |  |
| FX Spot Contract: EUR/USD SETTLE 2026-01-05 | 0.000001 |  |


## Sources

- N-PORT (fund A) — accession `0000940400-26-022027` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/883622/000094040026022027/0000940400-26-022027-index.htm>
- N-PORT (fund B) — accession `0002071691-26-012289` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1969995/000207169126012289/0002071691-26-012289-index.htm>

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