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FIWvsGUNRETF Comparison
FlexShares Morningstar Global Upstream Natural Resources Index Fund ETF
First Trust ISE Water Index Fund ETF (FIW) and FlexShares Morningstar Global Upstream Natural Resources Index Fund ETF (GUNR) belong to the same industry segment: Natural Resources. FIW's top 3 sector exposures are Industrials, Health Care and Utilities. In contrast, GUNR's top sector exposures are Materials, Energy and Consumer Staples. FIW is more expensive with a Total Expense Ratio (TER) of 0.51%, versus 0.47% for GUNR. FIW is down -1.81% year-to-date (YTD) with -$16M in YTD flows. GUNR performs better with 18.66% YTD performance, and +$492M in YTD flows. Run a side-by-side ETF comparison of FIW and GUNR below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
FIW vs GUNR performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FIW GUNR | -7.50%+1.38% | -2.86%+19.87% | -1.81%+18.66% | +3.99%+47.77% | +36.44%+44.37% | +43.37%+73.24% |
| Flows | FIW GUNR | -$11M+$122M | -$11M+$492M | -$16M+$492M | +$14M+$429M | +$182M-$1.43B | +$663M+$676M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FIW GUNR | +15.56%+17.75% | +18.49%+15.36% | +16.42%+14.64% | +18.54%+16.89% |
| Max drawdown | FIW GUNR | -7.93%-3.97% | -12.39%-12.82% | -18.25%-18.53% | -28.49%-23.49% |
| Max drawdown duration | FIW GUNR | 47d9d | 52d65d | 238d427d | 710d1239d |
FIW | GUNR | |
Last sale 3/11/2026 at 1:30 PM | $106.43 | $54.59 |
| Previous close 03/11/2026 | $106.68 | $53.88 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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FIW | GUNR | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
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FIW | GUNR | |
|---|---|---|
| Last price | $106.43 | $54.59 |
| 1D performance | -0.23% | +1.32% |
| AuM | $1.85 B | $7.34 B |
| E/R | 0.51% | 0.47% |
FIW | GUNR | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | First Trust | FlexShares |
| Benchmark | ISE Clean Edge Water Index | Morningstar Global Upstream Natural Resources Index |
| N° of holdings | 33 | 117 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 8, 2007 | September 16, 2011 |
| ESG | Yes | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the FIW and GUNR ETFs performed in 2026?
As of March 10, 2026, FIW is down -1.81% year-to-date (YTD), while GUNR has returned 18.66%. That puts GUNR better performer ahead so far this year.
Which ETF is attracting more investor money: FIW or GUNR?
Year-to-date, the FIW ETF saw -$16M in flows, compared to +$492M for GUNR.
Which ETF is more volatile: FIW or GUNR?
Over the past year, FIW had a volatility of 18.49%, while GUNR experienced 15.36%.
Which ETF is bigger: FIW or GUNR?
As of March 10, 2026, FIW holds $1.85 B in assets under management (AUM), while GUNR manages $7.34 B.
What sectors do the FIW and GUNR ETFs invest in?
FIW leans toward sectors like Industrials, Health Care and Utilities. Meanwhile, GUNR focuses on Materials, Energy and Consumer Staples.
What are the top holdings of the FIW ETF and GUNR ETF?
FIW top holdings include WATERS, US31488V1070 and MUELLER INDUSTRIES. GUNR holds in its top three: EXXON, CORTEVA INC and CHEVRON TEXACO.
Which ETF is more diversified: FIW or GUNR?
FIW holds 36 securities with 58.46% of its assets in the top 15. GUNR has 120 securities and a top 15 weight of 44.29%.
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