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FTRI vs GNR

First Trust Indxx Global Natural Resources Income ETF

FTRIDNasdaq

State Street SPDR S&P Global Natural Resources ETF

GNRANYSE Arca

Overlap

Expense ratio

GNR −0.30pt a year

FTRI0.70%GNR0.40%

Avg volume · 30D

GNR 11.1×the volume

FTRI30.7KGNR340K

10Y return · a year

GNR +0.4pt

FTRI+9.9%GNR+10.3%

FTRI vs GNR Performance

Nov 3, 2021 – Nov 3, 2026

+63.5%FTRI+64.9%GNR

Nov 3, 2021 to Nov 3, 2026. FTRI +63.5%. GNR +64.9%. Use the arrow keys to read each point.0%20%40%80%Nov 2021May 2024Nov 2026
Expense ratio
FTRI 0.70%
GNR 0.40%, better
Fund size
FTRI $114M
GNR $5.36B
1Y total return
FTRI +15.0%
GNR +29.6%, better
Yield (12M)
FTRI 2.13%
GNR 2.47%, better
Holdings
FTRI 56
GNR 112
Avg volume (30D)
FTRI 30.7K sh
GNR 340K sh, better
NAV per share
FTRI $16.80
GNR $74.86
52W range

ETF.net Grade

FTRI: Cost 16, Risk 36, Mission not scored, Tradability 38, Holdings 29, Durability 63. GNR: Cost 80, Risk 56, Mission 75, Tradability 83, Holdings 79, Durability 89.
Pillar letters and Scores for FTRI, GNR, with each pillar’s weight
PillarFTRIGNR
Cost30% weightF16A80Higher
Mission25% weightNot scoredA75
Risk15% weightD36B56Higher
Tradability15% weightD38A83Higher
Holdings10% weightD29A79Higher
Durability5% weightB63A89Higher

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. FTRI 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 1st and FTRI 12th of 14 funds in the Natural Resources Category.

  1. Rank 1AGNRState Street SPDR S&P Global Natural Resources ETFScore 76
  2. Rank 2AIGEiShares North American Natural Resources ETFScore 75
  3. Rank 11DMGNRAmerican Beacon GLG Natural Resources ETFScore 30
  4. Rank 12DFTRIFirst Trust Indxx Global Natural Resources Income ETFScore 29
  5. Rank 13FPWERNomura Energy Transition ETFScore 18
  6. MLPINot yet graded

Our read on each fund

ETF.net Research

FTRIDFirst Trust Indxx Global Natural Resources Income ETF

GNRAState Street SPDR S&P Global Natural Resources ETF

In short

FTRI Plenty of natural resources funds just own the biggest miners and drillers. FTRI's index is built around income from resource companies worldwide, roughly 60 of them, and it distributes quarterly. Trading since 2010.

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

FTRI The Fund seeks to track, before fees and expenses, the price and yield performance of the Indxx Global Natural Resources Income Index.

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

  • FTRI Income sits in the mandate, not off to the side: it tracks the Indxx Global Natural Resources Income Index and pays on a quarterly schedule.ftportfolios.com
  • Genuinely global reach. Two of the category's best-known funds, IGE and NANR, stop at North America.ftportfolios.com
  • Live since 2010, so the strategy has traded through a full commodity cycle instead of launching into one.
  • 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

  • FTRI At 0.70% a year it costs roughly double the category's index anchors, such as GNR at 0.40% and IGE at 0.37%.
  • Thinly traded next to the category's giants, so spreads can widen and limit orders carry more weight.
  • An income-tilted basket of about 60 resource names leans on payouts that rise and fall with commodity prices, and it sits behind the cheaper, busier funds in 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 FTRI profile⁠

Full GNR profile⁠

FTRI 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.

FTRI vs GNR Cost

Overpaying FTRI vs GNR

$5,516

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

  • FTRI 0.70%

    $13,606

  • GNR 0.40%

    $8,090

$10,000
30 years

Cost over time

  • FTRI 0.70%
  • GNR 0.40%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530FTRI $13,606GNR $8,090

Year by year

YearFTRIGNROverpaying
10$1,250$723$527
20$4,760$2,793$1,967
30$13,606$8,090$5,516

Expense ratio

  • 0.70%FTRI
  • 0.40%GNR, cheaper
  • Middle half of Natural Resources funds
  • Median 0.46%

GNR 4th cheapest of 14 funds

FTRI 12th cheapest of 14 funds

FTRI vs GNR Dividends

Last 12 months to Nov 3, 2026
Yield (12M)
FTRI 2.13%
GNR 2.47%, better
Payout (12M)
FTRI $0.35
GNR $1.82
Last payment
FTRI $0.08
GNR $0.86
Ex-dividend
FTRI Sep 24, 2026
GNR Jun 1, 2026
Paid on
FTRI Sep 30, 2026
GNR Jun 3, 2026
Frequency
FTRI Quarterly
GNR Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

FTRIQuarterly · 39 paymentsAll FTRI payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 23, 2017 $0.05; Jun 22, 2017 $0.14; Sep 21, 2017 $0.13; Dec 21, 2017 $0.13; Mar 22, 2018 $0.06; Jun 21, 2018 $0.16; Sep 14, 2018 $0.11; Dec 18, 2018 $0.13; Mar 21, 2019 $0.20; Jun 14, 2019 $0.16; Sep 25, 2019 $0.20; Dec 13, 2019 $0.22; Mar 26, 2020 $0.08; Jun 25, 2020 $0.14; Sep 24, 2020 $0.13; Dec 24, 2020 $0.07; Mar 25, 2021 $0.14; Jun 24, 2021 $0.06; Sep 23, 2021 $0.42; Dec 23, 2021 $0.29; Mar 25, 2022 $0.24; Jun 24, 2022 $0.28; Sep 23, 2022 $0.45; Dec 23, 2022 $0.19; Mar 24, 2023 $0.16; Jun 27, 2023 $0.28; Sep 22, 2023 $0.15; Dec 22, 2023 $0.27; Mar 21, 2024 $0.06; Jun 27, 2024 $0.19; Sep 26, 2024 $0.16; Dec 13, 2024 $0.10; Mar 27, 2025 $0.03; Jun 26, 2025 $0.15; Sep 25, 2025 $0.08; Dec 12, 2025 $0.11; Mar 26, 2026 $0.07; Jun 25, 2026 $0.09; Sep 24, 2026 $0.08. 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

FTRI vs GNR Risk

Fall from peak · 5 years

  • FTRI
  • GNR
Nov 3, 2021 to Nov 3, 2026. Worst fall: FTRI −27.5% · Jul 2022. Use the arrow keys to read each point.−30%−20%−10%0%Nov 2021May 2024Nov 2026

Risk facts

VolatilityStd dev, 3 years
FTRI 17.3%GNR 15.9%, better
Return per unit of riskSharpe ratio, 3 years
FTRI 0.62GNR 0.75, better
Worst fallMax drawdown, 5 years
FTRI −27.5%GNR −25.7%, better
Market sensitivityBeta, 5 years
FTRI 0.51GNR 0.49

Popular comparisons

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