Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →
GNRvsGUNRETF Comparison
FlexShares Morningstar Global Upstream Natural Resources Index Fund ETF
SPDR S&P Global Natural Resources ETF (GNR) and FlexShares Morningstar Global Upstream Natural Resources Index Fund ETF (GUNR) belong to the same industry segment: Natural Resources. Both ETFs have the same top 3 sector exposures: Materials, Energy and Consumer Staples. GNR is less expensive with a Total Expense Ratio (TER) of 0.4%, versus 0.47% for GUNR. GNR is up 18.15% year-to-date (YTD) with +$274M in YTD flows. GUNR performs better with 18.66% YTD performance, and +$492M in YTD flows. Run a side-by-side ETF comparison of GNR 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.
GNR vs GUNR performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | GNR GUNR | -0.51%+1.38% | +19.46%+19.87% | +18.15%+18.66% | +45.01%+47.77% | +47.10%+44.37% | +69.47%+73.24% |
| Flows | GNR GUNR | +$45M+$122M | +$351M+$492M | +$274M+$492M | +$812M+$429M | +$87M-$1.43B | +$1.83B+$676M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | GNR GUNR | +18.85%+17.75% | +16.90%+15.36% | +15.74%+14.64% | +18.19%+16.89% |
| Max drawdown | GNR GUNR | -4.57%-3.97% | -14.74%-12.82% | -19.80%-18.53% | -25.18%-23.49% |
| Max drawdown duration | GNR GUNR | 9d9d | 82d65d | 457d427d | 758d1239d |
GNR | GUNR | |
Last sale 3/12/2026 at 1:30 PM | $73.63 | $55.02 |
| Previous close 03/11/2026 | $73.62 | $54.59 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
GNR | GUNR | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
GNR | GUNR | |
|---|---|---|
| Last price | $73.63 | $55.02 |
| 1D performance | +0.01% | +0.79% |
| AuM | $4.80 B | $7.34 B |
| E/R | 0.4% | 0.47% |
GNR | GUNR | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | SPDR | FlexShares |
| Benchmark | S&P Global Natural Resources Index | Morningstar Global Upstream Natural Resources Index |
| N° of holdings | 77 | 117 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 13, 2010 | September 16, 2011 |
| ESG | No | 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 GNR and GUNR ETFs performed in 2026?
As of March 11, 2026, GNR is up 18.15% 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: GNR or GUNR?
Year-to-date, the GNR ETF saw +$274M in flows, compared to +$492M for GUNR.
Which ETF is more volatile: GNR or GUNR?
Over the past year, GNR had a volatility of 16.9%, while GUNR experienced 15.36%.
Which ETF is bigger: GNR or GUNR?
As of March 11, 2026, GNR holds $4.80 B in assets under management (AUM), while GUNR manages $7.34 B.
What sectors do the GNR and GUNR ETFs invest in?
GNR leans toward sectors like Materials and Energy. Meanwhile, GUNR focuses on Materials, Energy and Consumer Staples.
What are the top holdings of the GNR ETF and GUNR ETF?
GNR top holdings include NUTRIEN LTD, EXXON and BHP GROUP LTD. GUNR holds in its top three: EXXON, CORTEVA INC and CHEVRON TEXACO.
Which ETF is more diversified: GNR or GUNR?
GNR holds 89 securities with 45.62% of its assets in the top 15. GUNR has 120 securities and a top 15 weight of 44.29%.
Active Trader Report: Use of Leveraged & Inverse ETFs Way Up
Direxion partnered with Compound Insights and Vanda to explore what’s driving the evolution of active trading — and how active traders are using leveraged and inverse funds across equities, single stocks, commodities, and volatility.
