GNRvsGUNRETF Comparison
ETF 1
GNR
State Street SPDR S&P Global Natural Resources ETF
This fund is part of
Natural Resources
-0.63%
VS
ETF 2
GUNR
FlexShares Morningstar Global Upstream Natural Resources Index Fund ETF
This fund is part of
Natural Resources
-0.63%
State Street 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: Non-Energy Materials, Energy and Consumer Non-Cyclicals. GNR is less expensive with a Total Expense Ratio (TER) of 0.4%, versus 0.47% for GUNR. GNR is up 12.69% year-to-date (YTD) with +$329M in YTD flows. GUNR performs worse with 11.74% YTD performance, and +$635M 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.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
GNR vs GUNR performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/20/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | GNR GUNR | -0.20%+0.26% | -5.95%-6.84% | +12.69%+11.74% | +28.39%+27.92% | +36.13%+33.83% | +65.71%+67.05% |
| Flows | GNR GUNR | -$29M+$43M | +$61M-$18M | +$329M+$635M | +$897M+$950M | +$387M-$1.44B | +$1.59B+$95M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | GNR GUNR | +13.91%+13.08% | +14.98%+13.90% | +15.11%+14.16% | +18.00%+16.77% |
| Max drawdown | GNR GUNR | -10.55%-11.57% | -10.66%-11.57% | -19.80%-18.53% | -25.18%-23.49% |
| Max drawdown duration | GNR GUNR | 68d68d | 140d68d | 457d427d | 758d1239d |
Trading data
GNR | GUNR | |
Last sale 7/21/2026 at 3:13 PM | $70.07 | $51.52 |
| Previous close 07/20/2026 | $69.19 | $50.82 |
| Consolidated volume 07/20/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of June 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
GNR | GUNR | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 7/21/2026 at 3:13 PM
Live
Closed
GNR | GUNR | |
|---|---|---|
| Last price | $70.07 | $51.52 |
| 1D performance | +1.26% | +1.38% |
| AuM | $4.58 B | $6.98 B |
| E/R | 0.4% | 0.47% |
Characteristics
GNR | GUNR | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | State Street Investment Management | FlexShares |
| Benchmark | S&P Global Natural Resources Index | Morningstar Global Upstream Natural Resources Index |
| N° of holdings | 88 | 120 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 13, 2010 | September 16, 2011 |
| ESG | No | No |
Advertisement
Exposure
Countries
GNR
USA
34.78%
Canada
18.26%
United Kingdom
8.8%
Australia
8.29%
Other
29.87%
GUNR
USA
35.64%
Canada
16.98%
United Kingdom
10.73%
Other
36.65%
Sectors
GNR
Non-Energy Materi.
60.3%
Energy
32.77%
Other
6.93%
GUNR
Non-Energy Materi.
49.97%
Energy
29.96%
Consumer Non-Cycl.
11.89%
Other
8.18%
Advertisement
Diversification
GNR
Total weight of top 15 holdings out of 15
44.9%
GUNR
Total weight of top 15 holdings out of 15
44.09%
Top 15 holdings
Data as of June 30, 2026
GNR
BHP Group Ltd.
5.37%
Nutrien Ltd.
4.82%
Exxon Mobil Corp.
4.48%
Shell Plc
4.15%
Corteva, Inc.
3.27%
TotalEnergies SE
2.96%
UPM-Kymmene Oyj
2.93%
Newmont Corp.
2.67%
Chevron Corp.
2.44%
Freeport-McMoRan, Inc.
2.37%
Archer-Daniels-Midland Co.
2.11%
Agnico Eagle Mines Ltd.
2.04%
BP Plc
1.83%
Reliance Industries Ltd.
1.76%
Glencore Plc
1.70%
GUNR
Corteva, Inc.
5.51%
BHP Group Ltd.
4.73%
Exxon Mobil Corp.
4.69%
Nutrien Ltd.
4.01%
Chevron Corp.
3.36%
Shell Plc
3.35%
Archer-Daniels-Midland Co.
3.30%
TotalEnergies SE
2.59%
Rio Tinto Plc
2.32%
Newmont Corp.
1.97%
Agnico Eagle Mines Ltd.
1.91%
Tyson Foods, Inc.
1.68%
Freeport-McMoRan, Inc.
1.61%
CF Industries Holdings, Inc.
1.57%
BP Plc
1.49%
Frequently asked questions about GNR and GUNR
How have the GNR and GUNR ETFs performed in 2026?
As of July 20, 2026, GNR is up 12.69% year-to-date (YTD), while GUNR has returned 11.74%. That puts GNR better performer ahead so far this year.
Which ETF is attracting more investor money: GNR or GUNR?
Year-to-date, the GNR ETF saw +$329M in flows, compared to +$635M for GUNR.
Which ETF is more volatile: GNR or GUNR?
Over the past year, GNR had a volatility of 14.98%, while GUNR experienced 13.9%.
Which ETF is bigger: GNR or GUNR?
As of July 20, 2026, GNR holds $4.58 B in assets under management (AUM), while GUNR manages $6.98 B.
What sectors do the GNR and GUNR ETFs invest in?
GNR leans toward sectors like Non-Energy Materials and Energy. Meanwhile, GUNR focuses on Non-Energy Materials, Energy and Consumer Non-Cyclicals.
What are the top holdings of the GNR ETF and GUNR ETF?
GNR top holdings include BHP Group Ltd., Nutrien Ltd. and Exxon Mobil Corp.. GUNR holds in its top three: Corteva, Inc., BHP Group Ltd. and Exxon Mobil Corp..
Which ETF is more diversified: GNR or GUNR?
GNR holds 88 securities with 44.9% of its assets in the top 15. GUNR has 120 securities and a top 15 weight of 44.09%.
Advertisement
Latest news about GNR & GUNR
Advertisement
