Are GNR and IVV in the same category?

GNR is a thematic ETF and IVV is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.

Which returned more over the last year, GNR or IVV?

In the year to Nov 4, 2026, with distributions reinvested, GNR returned +32.9% and IVV +14.8%.

Which is cheaper, GNR or IVV?

IVV is cheaper, by 0.37 percentage points a year. That is about $37 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do GNR and IVV overlap with the S&P 500?

By their latest filed holdings, 26% of GNR and 100% of IVV by weight is stocks the S&P 500 already holds.

Data as of Nov 4, 2026.

Across categories

GNR vs IVV: Differences, Returns & Fees

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Over the year to Nov 4, 2026, GNR returned +32.9% to IVV's +14.8%, and IVV charges 0.03% to GNR's 0.40%.

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Net assets on Nov 3, 2026: $5.3bn for State Street SPDR S&P Global Natural Resources ETF and $872.0bn for iShares Core S&P 500 ETF.

GNR on its own →IVV on its own →

At a glance

+32.9%

GNR total return, 1 year

+14.8%

IVV total return, 1 year

0.40%

GNR expense ratio

0.03%

IVV expense ratio

Pair scorecard

IVV costs 0.37 points a year less; their one-year returns differ by 18.1 points; IVV is far larger, $872.0bn against $5.3bn.

GNR vs IVV: Differences, Returns & Fees
Measure	GNR	IVV
Return
Measure	GNR	IVV
Total return, 1 year	+32.9%	+14.8%
Drawdown
Measure	GNR	IVV
Below its all-time high	6.8%, high on Sep 9, 2026
Benchmark
Measure	GNR	IVV
What it tracks	Natural resources	S&P 500
Cost and size
Measure	GNR	IVV
Expense ratio	0.40%	0.03%
Net assets, as of Nov 3, 2026	$5.3bn	$872.0bn
Active share vs the S&P 500	98%
Holdings
Measure	GNR	IVV
Holdings in common	4%
Top ten holdings, share of the fund	36%	37.3%

Method

What they share

By the books each fund has filed, GNR and IVV hold 4% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

50%

0 half 100%

half

4% in common

Positions both hold · largest shared weight first GNR IVV

EXXONMOBIL HOLDINGS CORP 5.23% 1.12%

CHEVRON CORP 3.00% 0.68%

CONOCOPHILLIPS 1.25% 0.27%

MARATHON PETROLEUM CORP 0.89% 0.18%

NEWMONT CORP 2.71% 0.17%

VALERO ENERGY CORP 0.82% 0.17%

PHILLIPS 66 0.77% 0.17%

FREEPORT MCMORAN INC 2.09% 0.14%

EOG RESOURCES INC 0.59% 0.12%

SLB LTD 0.56% 0.12%

NUCOR CORP 1.47% 0.10%

BAKER HUGHES CO 0.37% 0.08%

Only in one fund ↓

Only in GNR

SHELL PLC 5.51%

BHP GROUP LTD 4.44%

NUTRIEN LTD 4.43%

TOTALENERGIES SE 3.68%

UPM KYMMENE OYJ 2.82%

BP PLC 2.36%

CANADIAN NATURAL RESOURCES 2.12%

AGNICO EAGLE MINES LTD 2.01%

Only in IVV

NVIDIA 7.66%

APPLE 7.42%

MICROSOFT 5.93%

AMAZON.COM INC 3.77%

ALPHABET CLASS A 2.52%

BROADCOM INC 2.42%

META PLATFORMS CLASS A 2.10%

ALPHABET CLASS C 2.03%

Check overlap with more funds →

Side by side

GNR State Street SPDR S&P Global Natural Resources ETF IVV iShares Core S&P 500 ETF

Where it sits Thematic ETF Stock ETF

Issuer State Street iShares

What it is Natural resources Tracks the S&P 500

Total return, 1 year +32.9% +14.8%

Its benchmark over the same days not measured +14.8% (SPY)

Gap to its benchmark not measured 0.0 pts vs SPY

Expense ratio 0.40% 0.03%

Already in the S&P 500 25.9% 99.8%

Holdings 104 505

Net assets, as of Nov 3, 2026 $5.3bn $872.0bn

GNR and IVV on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

Alert

About each fund

GNR

By weight, 26% of GNR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 36% of the fund across 104 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned +32.9% with distributions reinvested. It sits 6.8% below its all-time high of Sep 9, 2026.

IVV

IVV tracks the S&P 500. Over the year to Nov 4, 2026 it returned +14.8% with distributions reinvested, against +14.8% for its benchmark, the S&P 500. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Nov 3, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 37.3%.

Questions people ask

Are GNR and IVV in the same category?: GNR is a thematic ETF and IVV is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, GNR or IVV?: In the year to Nov 4, 2026, with distributions reinvested, GNR returned +32.9% and IVV +14.8%.
Which is cheaper, GNR or IVV?: IVV is cheaper, by 0.37 percentage points a year. That is about $37 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do GNR and IVV overlap with the S&P 500?: By their latest filed holdings, 26% of GNR and 100% of IVV by weight is stocks the S&P 500 already holds.

Other comparisons

GNR vs VOO GNR vs VTI GNR vs QQQ GNR vs VUG GUNR vs IVV IVV vs XAR IVV vs URA IVV vs QTUM

Where to next

GNR on its own →IVV on its own →Hold both: look the portfolio through →Rankings →GNR dividend history →GNR holdings →IVV dividend history →IVV holdings →Standards and sources →

Sources and dates

GNR filings on SEC EDGAR ↗

GNR prospectus with the expense ratio (SEC) ↗

State Street website ↗

IVV filings on SEC EDGAR ↗

IVV prospectus with the expense ratio (SEC) ↗

iShares page for IVV ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

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ETFIQ, GNR against IVV, data as of Nov 4, 2026. https://etfiq.com/compare/any/gnr-vs-ivv

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.