State Street SPDR S&P Global Natural Resources ETF
$76.59−0.63 (−0.82%)
- Expense ratio
- 0.40%
- Fund size
- $5.2B
- 1Y return
- +35.3%
- Yield · Last 12 months
- 2.36%
- Holdings
- 94
- Volume · 30D
- 0.3M sh
- NAV per share
- $76.47
- 52W range
The ETF.net GNR Grade
Score 72 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 80Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 74Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 51Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 69Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 82Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 89Category rank
Our read on GNR
AMost resource ETFs are energy funds in a hard hat. GNR spreads a global, large-cap lineup across agriculture, energy, and metals and mining, roughly 90 names tracking an S&P natural resources index since 2010.
The fund seeks to provide investment results corresponding generally to the total return performance of the S&P Global Natural Resources Index. It provides exposure to large-cap companies across agriculture, energy, and metals and mining.
Why people hold it
- Three legs, one ticker: crop and fertilizer names, oil and gas, and miners all sit inside the mandate, so no single commodity story runs the whole fund.ssga.com
- Genuinely global, not North America with a passport. Cohort neighbors IGE and NANR chase the same theme inside one region.
- 0.40% a year, right around the middle of its natural resources peer group, for an index fund that has been open since 2010.
- A multi-billion-dollar fund with steady day-to-day trading and one of the stronger builds in its natural resources peer group.
Worth knowing
- Resource equities ride the commodity cycle. When crude and metals roll over, the drillers and miners in here go with them, diversified thirds or not.
- Global reach means overseas listings and foreign currency swings layered on top of the commodity moves.
- Distributions land on an annual or semiannual schedule rather than monthly, so the cash flow is lumpy.
GNR Holdings
- Stocks
- 94
- 36%
- SHEL
Sectors
- Materials52.8%
- Energy33.9%
- Consumer Discr.7.2%
- Cons. Staples5.0%
- Real Estate1.0%
- Financials0.0%
- Industrials0.0%
- Health Care0.0%
- Utilities0.0%
- Communication0.0%
- Technology0.0%
Geography
- United States33.63%
- Canada19.99%
- United Kingdom9.75%
- Australia7.27%
- Finland4.83%
- Switzerland3.66%
- France3.43%
- Brazil3.12%
- 14.30%
Developed 91% · Emerging 9%
GNR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | GNR |
|---|---|
| Year to date | +25.7% |
| 1 month | −2.6% |
| 3 months | +11.3% |
| 1 year | +35.3% |
| 3 years | +15.4% |
| 5 years | +12.9% |
| 10 years | +10.8% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | GNR |
|---|---|---|
| 2026 YTD | +25.7% | |
| 2025 | +28.7% | |
| 2024 | −8.2% | |
| 2023 | +2.9% | |
| 2022 | +10.2% | |
| 2021 | +24.7% | |
| 2020 | −0.0% |
GNR in the news
ETF.net Research hasn’t filed on GNR yet — coverage lands here as it’s written.
GNR Dividends
- 2.36%
- $1.82
- $0.86 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 1, 2026 | Jun 3, 2026 | $0.86 |
| Dec 18, 2025 | Dec 22, 2025 | $0.96 |
| Jun 2, 2025 | Jun 4, 2025 | $0.76 |
| Dec 18, 2024 | Dec 24, 2024 | $1.37 |
| Jun 3, 2024 | Jun 7, 2024 | $0.99 |
| Dec 15, 2023 | Dec 22, 2023 | $0.98 |
| Jun 1, 2023 | Jun 8, 2023 | $0.93 |
| Dec 16, 2022 | Dec 23, 2022 | $1.33 |
| Jun 1, 2022 | Jun 8, 2022 | $1.17 |
| Dec 17, 2021 | Dec 27, 2021 | $1.16 |
| Jun 1, 2021 | Jun 8, 2021 | $0.69 |
| Dec 18, 2020 | Dec 24, 2020 | $0.76 |
GNR Risk
- 15.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.71
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −25.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.55
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
GNR Cost
- The middle half of Natural Resources funds
- Median 0.46%
3 of the 14 Natural Resources funds charge less.