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CCNR vs GNR

ALPS Funds CoreCommodity Natural Resources ETF

CCNRBNasdaq

State Street SPDR S&P Global Natural Resources ETF

GNRANYSE Arca

Overlap

Expense ratio

CCNR −0.01pt a year

CCNR0.39%GNR0.40%

Avg volume · 30D

GNR 11.7×the volume

CCNR29KGNR341K

CCNR vs GNR Performance

Oct 31, 2025 – Oct 30, 2026

+24.5%CCNR+31.9%GNR

Oct 31, 2025 to Oct 30, 2026. CCNR +24.5%. GNR +31.9%. Use the arrow keys to read each point.0%10%40%Oct 2025Apr 2026Oct 2026
Expense ratio
CCNR 0.39%, better
GNR 0.40%
Fund size
CCNR $437M
GNR $5.39B
1Y total return
CCNR +24.5%
GNR +31.9%, better
Yield (12M)
CCNR 2.99%, better
GNR 2.42%
Holdings
CCNR 313
GNR 110
Avg volume (30D)
CCNR 29K sh
GNR 341K sh, better
NAV per share
CCNR $38.27
GNR $75.69
52W range

ETF.net Grade

CCNR: Cost 80, Risk 45, Mission 61, Tradability 36, Holdings 91, Durability 39. GNR: Cost 80, Risk 54, Mission 76, Tradability 83, Holdings 77, Durability 89.
Pillar letters and Scores for CCNR, GNR, with each pillar’s weight
PillarCCNRGNR
Cost30% weightA80A80
Mission25% weightB61A76Higher
Risk15% weightC45C54Higher
Tradability15% weightD36A83Higher
Holdings10% weightA91HigherA77
Durability5% weightD39A89Higher

Rank among Natural Resources funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. CCNR and GNR are both graded against the same 14 Natural Resources funds, so their Grades compare head to head.

Natural Resources⁠

Category · 14 funds
See all 14 ›

GNR ranks 2nd and CCNR 5th of 14 funds in the Natural Resources Category.

  1. Rank 1AIGEiShares North American Natural Resources ETFScore 76
  2. Rank 2AGNRState Street SPDR S&P Global Natural Resources ETFScore 75
  3. Rank 2ANANRState Street SPDR S&P North American Natural Resources ETFScore 75
  4. Rank 4AHAPVanEck Natural Resources ETFScore 68
  5. Rank 5BCCNRALPS Funds CoreCommodity Natural Resources ETFScore 62
  6. Rank 5BGUNRNorthern Trust Morningstar Global Upstream Natural Resources ETFScore 62

Our read on each fund

ETF.net Research

CCNRBALPS Funds CoreCommodity Natural Resources ETF

GNRAState Street SPDR S&P Global Natural Resources ETF

In short

CCNR A commodity house's version of a resource stock fund: CCNR spreads across roughly 300 owners, explorers, developers and suppliers, with the Bloomberg Commodity Index as its stated reference point.

GNR Most 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.

Stated mandate

CCNR The fund seeks to maximize real returns through prudent investment management and invests in equity securities of natural-resource owners, explorers, developers, and related suppliers.

GNR 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

  • CCNR 0.39% expense ratio lands mid-pack in natural resources, well under GUNR's 0.47% and only a shade over NANR's 0.35%.
  • Roughly 300 holdings across resource owners, explorers, developers and the suppliers that serve them, so no single miner or driller dominates the outcome.
  • Its reference is the Bloomberg Commodity Index, the broad commodity benchmark, so the portfolio is framed by the commodity complex rather than an equity sector list alone.
  • The mandate is written around real returns, the inflation-adjusted kind, which is the classic reason investors keep a resources sleeve at all.
  • GNR 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

  • CCNR Launched in 2024 and thinly traded, so it carries a short record and wider spreads than the household names in its group.
  • Distributions come annually or semiannually, not on a monthly rhythm.
  • Against established natural-resources rivals like IGE, GNR and GUNR, our review places it in the lower half of the group.
  • GNR 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.

Full CCNR profile⁠

Full GNR profile⁠

CCNR vs GNR Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CCNR vs GNR Cost

Overpaying GNR vs CCNR

$192

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CCNR 0.39%

    $7,898

  • GNR 0.40%

    $8,090

$10,000
30 years

Cost over time

  • CCNR 0.39%
  • GNR 0.40%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530GNR $8,090CCNR $7,898

Year by year

YearCCNRGNROverpaying
10$705$723$18
20$2,725$2,793$68
30$7,898$8,090$192

Expense ratio

  • 0.39%CCNR, cheaper
  • 0.40%GNR
  • Middle half of Natural Resources funds
  • Median 0.46%

CCNR 3rd cheapest of 14 funds

GNR 4th cheapest of 14 funds

CCNR vs GNR Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
CCNR 2.99%, better
GNR 2.42%
Payout (12M)
CCNR $1.14
GNR $1.82
Last payment
CCNR $1.14
GNR $0.86
Ex-dividend
CCNR Dec 8, 2025
GNR Jun 1, 2026
Paid on
CCNR Dec 9, 2025
GNR Jun 3, 2026
Frequency
CCNR Irregular
GNR Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

CCNRIrregular · 2 paymentsAll CCNR payments⁠
One bar per payment. 2 payments from 2017 to 2026 YTD. Dec 10, 2024 $0.30; Dec 8, 2025 $1.14. Use the arrow keys to read each point.$0$12017202020232026YTD
GNRTwice a year · 19 paymentsAll GNR payments⁠
One bar per payment. 19 payments from 2017 to 2026 YTD. Jun 16, 2017 $0.54; Dec 15, 2017 $0.64; Jun 1, 2018 $0.61; Dec 21, 2018 $0.84; Jun 3, 2019 $0.81; Dec 20, 2019 $0.96; Jun 1, 2020 $0.48; Dec 18, 2020 $0.76; Jun 1, 2021 $0.69; Dec 17, 2021 $1.16; Jun 1, 2022 $1.17; Dec 16, 2022 $1.33; Jun 1, 2023 $0.93; Dec 15, 2023 $0.98; Jun 3, 2024 $0.99; Dec 18, 2024 $1.37; Jun 2, 2025 $0.76; Dec 18, 2025 $0.96; Jun 1, 2026 $0.86. Use the arrow keys to read each point.$0$12017202020232026YTD

CCNR vs GNR Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CCNR 18.3%since Aug 2024GNR 15.9%
Return per unit of riskSharpe ratio, 3 years
CCNR 0.96since Aug 2024GNR 0.75
Worst fallMax drawdown, 5 years
CCNR −20.1%since Jul 2024GNR −25.7%
Market sensitivityBeta, 5 years
CCNR 0.46GNR 0.48

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