State Street SPDR S&P Global Natural Resources ETF
$76.57+0.73 (+0.96%)
- 0.40%
- $5.2B
- +35.2%
- 2.40%
- 0.3M sh
- $75.45
- low $57.24high $80.58
The ETF.net GNR Grade
A
Score 74 out of 100
- 2 of 14
Score 74 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A80 out of 100Rank 3 of 14Mission
Whether the fund did what it promised, tested against its stated mandate.A75 out of 100Rank 3 of 6Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C53 out of 100Rank 6 of 14Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A81 out of 100Rank 2 of 14Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A76 out of 100Rank 2 of 14Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A89 out of 100Rank 1 of 14
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
- 107
- 36%
- SHEL
Sectors
- Materials49.9%
- Energy34.7%
- Consumer Discretionary7.3%
- Consumer Staples4.9%
- Financials2.4%
- Real Estate0.9%
- Industrials0.0%
- Health Care0.0%
- Utilities0.0%
- Communication0.0%
- Technology0.0%
Geography
- United States34.39%
- Canada19.10%
- United Kingdom10.33%
- Australia7.50%
- Finland4.51%
- Switzerland3.76%
- France3.41%
- Brazil3.18%
- 13.81%
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.
GNR$13,518
Returns run to the Oct 12, 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 | +23.5% |
| 1 month | −3.5% |
| 3 months | +10.8% |
| 1 year | +35.2% |
| 3 years | +15.2% |
| 5 years | +11.3% |
| 10 years | +10.6% |
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 | +23.5% | |
| 2025 | +28.7% | |
| 2024 | −8.2% | |
| 2023 | +2.9% | |
| 2022 | +10.2% | |
| 2021 | +24.7% | |
| 2020 | 0.0% |
GNR in the news
GNR Dividends
- 2.40%
- $1.82
- $0.86 per share
- Twice a year
Distribution history
GNR Risk
- 16.2%
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.
- 0.60
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
0.40%
GNR0.40%
- The middle half of Natural Resources funds
- Median 0.46%
3 of the 14 Natural Resources funds charge less.
Other funds in Natural Resources
- ANANRState Street SPDR S&P North American Natural Resources ETFExpense ratio 0.35%1 year return +41.4%
- AIGEiShares North American Natural Resources ETFExpense ratio 0.37%1 year return +39.8%
- AHAPVanEck Natural Resources ETFExpense ratio 0.41%1 year return +36.1%
- BCCNRALPS Funds CoreCommodity Natural Resources ETFExpense ratio 0.39%1 year return +32.4%
- BGUNRNorthern Trust Morningstar Global Upstream Natural Resources ETFExpense ratio 0.47%1 year return +29.3%