Global Natural Resources
T Rowe Price New Era Fund
Last updated: 2026-09-11
The Verdict
T Rowe Price New Era Fund charges an expense ratio of 0.79%. On a $100,000 portfolio, that's $790 per year in fees, and it scales with the amount invested. Supreme.PM's decoded model tracked it at 98% correlation, for a flat monthly subscription that does not change with portfolio size.
Expense Ratio
0.79%
Star Rating
3/ 5
Market Beta
0.78
Model Correlation
98%
Sharpe Ratio
0.73
Max Drawdown
22.24%
Supreme.PM Cost
Flat monthly subscription
Not a percentage of your assets
Performance
Performance comparison — 1Y: Fund 28.1% vs Model 29.9%; 3Y: Fund 51.5% vs Model 55.4%; 5Y: Fund 74.3% vs Model 86.0%.
Alpha After Fees
Supreme.PM's model achieves 98% correlation with T Rowe Price New Era Fund, providing similar exposure at a flat subscription cost.
Fee Analysis
T Rowe Price New Era Fund charges 0.79% of assets annually. Supreme.PM charges a flat monthly subscription instead, so its cost does not rise as a portfolio grows.
Data sources: Refinitiv Lipper, SEC EDGAR Filings, Supreme.PM Analytics
Past performance does not guarantee future results. Model returns are backtested and may not reflect actual trading conditions.
Related
Global Natural Resources Category
Browse all Global Natural Resources funds
Global Natural Resources Rankings
Top-rated Global Natural Resources funds
Our Methodology
How we decode fund strategies
US Global Investors Global Resources Fund
2-star rated
Vanguard Energy Fund
4-star rated
BlackRock Natural Resources Trust
3-star rated
PGIM Jennison Natural Resources Fund
3-star rated
VanEck Global Resources Fund
2-star rated
Frequently Asked Questions
What is the expense ratio of T Rowe Price New Era Fund?
T Rowe Price New Era Fund has an expense ratio of 0.79%, charged as a percentage of the amount invested. Supreme.PM's decoded model is offered for a flat monthly subscription instead.
How does Supreme.PM replicate T Rowe Price New Era Fund?
Supreme.PM builds a transparent, rules-based model of listed securities designed to track this fund's return profile. Over the measured period it tracked the fund closely, at 98% correlation. The model is published in full, so its positions are visible rather than disclosed with a delay.
What are the risks of fund replication?
While our models aim for high correlation, they may not perfectly match the fund's returns due to timing differences in rebalancing, transaction costs, and disclosure delays. Backtested results may not reflect future performance.
Get This Strategy
Start investing with Supreme.PM's decoded model and save on fees while capturing similar returns.