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GNRvsCGWETF Comparison

ETF 1
GNR

SPDR S&P Global Natural Resources ETF

This fund is part of
Natural Resources
+0.66%
Full GNR fund page
VS
ETF 2
CGW

Invesco S&P Global Water Index ETF

This fund is part of
Natural Resources
+0.66%
Full CGW fund page

SPDR S&P Global Natural Resources ETF (GNR) and Invesco S&P Global Water Index ETF (CGW) belong to the same industry segment: Natural Resources. GNR's top 3 sector exposures are Materials, Energy and Consumer Staples. In contrast, CGW's top sector exposures are Utilities, Industrials and Materials. GNR is less expensive with a Total Expense Ratio (TER) of 0.4%, versus 0.59% for CGW. GNR is up 18.15% year-to-date (YTD) with +$274M in YTD flows. CGW performs worse with 2.6% YTD performance, and +$26M in YTD flows. Run a side-by-side ETF comparison of GNR and CGW below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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GNR vs CGW performance and flow charts

Performance

-4.0-2.00.02.0%Feb 11Feb 19Feb 26Mar 5

Cumulative Flows

-10 M0 M10 M20 M30 M40 MFeb 11Feb 19Feb 26Mar 5

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Historic performance and flows
Data as of 03/11/2026
1M3MYTD1Y3Y5Y
Perf.
GNR
CGW
-0.51%-4.64%
+19.46%+2.21%
+18.15%+2.60%
+45.01%+17.00%
+47.10%+43.05%
+69.47%+44.49%
Flows
GNR
CGW
+$45M+$5M
+$351M+$26M
+$274M+$26M
+$812M-$2M
+$87M-$196M
+$1.83B-$81M
Volatility and drawdown
3M1Y3Y5Y
Volatility
GNR
CGW
+18.85%+11.74%
+16.90%+13.95%
+15.74%+13.42%
+18.19%+15.49%
Max drawdown
GNR
CGW
-4.57%-6.11%
-14.74%-9.36%
-19.80%-15.88%
-25.18%-32.65%
Max drawdown duration
GNR
CGW
9d13d
82d35d
457d140d
758d862d
Trading data

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GNR
CGW
Last sale
3/12/2026 at 1:30 PM
$73.65
$63.85
Previous close
03/11/2026
$73.62
$64.46
Consolidated volume
03/11/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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GNR
CGW
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/12/2026 at 1:30 PM
Live
Closed
GNR
CGW
Last price
$73.65
$63.85
1D performance
+0.04%
-0.95%
AuM$4.80 B$1.03 B
E/R0.4%0.59%
Characteristics
GNR
CGW
Management strategyPassivePassive
ProviderSPDRInvesco
BenchmarkS&P Global Natural Resources IndexS&P Global Water Index
N° of holdings7760
Asset classEquitiesEquities
Trailing 12m distribution yield
Join
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Inception dateSeptember 13, 2010May 14, 2007
ESGNoYes
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Exposure

Countries

GNR
USA
37.95%
Canada
20.33%
United Kingdom
10.03%
Australia
7.88%
Other
23.82%
CGW
USA
58.81%
Brazil
11.12%
United Kingdom
9.33%
Switzerland
7.2%
Other
13.54%

Sectors

GNR
Materials
50.77%
Energy
28.79%
Other
20.44%
CGW
Utilities
42.75%
Industrials
41.16%
Other
16.1%
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Diversification

GNR

Total weight of top 15 holdings out of 15

45.62%
CGW

Total weight of top 15 holdings out of 15

68.4%

Top 15 holdings

Data as of January 31, 2026
GNR
NUTRIEN LTD
5.23%
EXXON
4.89%
BHP GROUP LTD
4.78%
SHELL PLC
4.21%
NEWMONT CORP
3.28%
TOTALENERGIES SE
2.86%
CHEVRON TEXACO
2.76%
UPM-KYMMENE OY
2.70%
AGNICO EAGLE MINES LTD
2.56%
CORTEVA INC
2.40%
FREEPORT-MCMORAN INC
2.30%
CA06849F1080
2.08%
US7594701077
1.93%
BP
1.89%
GLENCORE PLC
1.76%
CGW
COMPANHIA DE SANEAMENTO BASICO
8.32%
XYLEM
7.91%
AMERICAN WATER WORKS
7.90%
US92338C1036
5.86%
ESSENTIAL UTILITIES INC
5.58%
UNITED UTILITIES GROUP
4.35%
ECOLAB
4.06%
ADVANCED DRAINAGE SYSTEMS
3.83%
GEBERIT
3.71%
SEVERN TRENT
3.64%
PENTAIR PLC
3.09%
WTTS WTER TECH
2.86%
CORE & MAIN
2.85%
ZURN WATER SOLUTIONS CORP
2.45%
AMERICAN STATES WATER
2.02%
Frequently asked questions about GNR and CGW

How have the GNR and CGW ETFs performed in 2026?

As of March 11, 2026, GNR is up 18.15% year-to-date (YTD), while CGW has returned 2.6%. That puts GNR better performer ahead so far this year.

Which ETF is attracting more investor money: GNR or CGW?

Year-to-date, the GNR ETF saw +$274M in flows, compared to +$26M for CGW.

Which ETF is more volatile: GNR or CGW?

Over the past year, GNR had a volatility of 16.9%, while CGW experienced 13.95%.

Which ETF is bigger: GNR or CGW?

As of March 11, 2026, GNR holds $4.80 B in assets under management (AUM), while CGW manages $1.03 B.

What sectors do the GNR and CGW ETFs invest in?

GNR leans toward sectors like Materials and Energy. Meanwhile, CGW focuses on Utilities and Industrials.

What are the top holdings of the GNR ETF and CGW ETF?

GNR top holdings include NUTRIEN LTD, EXXON and BHP GROUP LTD. CGW holds in its top three: COMPANHIA DE SANEAMENTO BASICO, XYLEM and AMERICAN WATER WORKS.

Which ETF is more diversified: GNR or CGW?

GNR holds 89 securities with 45.62% of its assets in the top 15. CGW has 62 securities and a top 15 weight of 68.4%.

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