Are GNR and VOO in the same category?

GNR is a thematic ETF and VOO 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 VOO?

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

Which is cheaper, GNR or VOO?

VOO 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 VOO overlap with the S&P 500?

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

Data as of Nov 4, 2026.

Across categories

GNR vs VOO: Differences, Returns & Fees

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

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Net assets: $5.3bn on Nov 3, 2026 for State Street SPDR S&P Global Natural Resources ETF, and $1.0tn on Oct 31, 2026 for Vanguard S&P 500 ETF.

GNR on its own →VOO on its own →

At a glance

+32.9%

GNR total return, 1 year

+14.8%

VOO total return, 1 year

0.40%

GNR expense ratio

0.03%

VOO expense ratio

Pair scorecard

VOO costs 0.37 points a year less; their one-year returns differ by 18.1 points.

GNR vs VOO: Differences, Returns & Fees
Measure	GNR	VOO
Return
Measure	GNR	VOO
Total return, 1 year	+32.9%	+14.8%
Drawdown
Measure	GNR	VOO
Below its all-time high	6.8%, high on Sep 9, 2026
Benchmark
Measure	GNR	VOO
What it tracks	Natural resources	S&P 500 Index
Cost and size
Measure	GNR	VOO
Expense ratio	0.40%	0.03%
Net assets, GNR as of Nov 3, 2026 and VOO as of Oct 31, 2026	$5.3bn	$1.0tn
Active share vs the S&P 500	98%
Holdings
Measure	GNR	VOO
Holdings in common	4%
Top ten holdings, share of the fund	36%	39.1%

Method

What they share

By the books each fund has filed, GNR and VOO hold 4% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Nov 3, 2026.

50%

0 half 100%

half

4% in common

Positions both hold · largest shared weight first GNR VOO

EXXONMOBIL HOLDINGS CORP 5.23% 1.02%

CHEVRON CORP 3.00% 0.61%

CONOCOPHILLIPS 1.25% 0.23%

NEWMONT CORP 2.71% 0.18%

VALERO ENERGY CORP 0.82% 0.17%

MARATHON PETROLEUM CORP 0.89% 0.17%

PHILLIPS 66 0.77% 0.15%

FREEPORT MCMORAN INC 2.09% 0.15%

EOG RESOURCES INC 0.59% 0.11%

SLB LTD 0.56% 0.11%

BAKER HUGHES CO 0.37% 0.08%

NUCOR CORP 1.47% 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%

VYLOR INC 2.29%

CANADIAN NATURAL RESOURCES 2.12%

Only in VOO

NVIDIA Corp 8.40%

Apple Inc 7.39%

Microsoft Corp 5.79%

Amazon.com Inc 3.72%

Alphabet Inc 3.07%

Broadcom Inc 2.54%

Alphabet Inc 2.46%

Meta Platforms Inc 2.43%

Check overlap with more funds →

Side by side

GNR State Street SPDR S&P Global Natural Resources ETF VOO Vanguard S&P 500 ETF

Where it sits Thematic ETF Stock ETF

Issuer State Street Vanguard

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% (IVV)

Gap to its benchmark not measured 0.0 pts vs IVV

Expense ratio 0.40% 0.03%

Already in the S&P 500 25.9% 99.7%

Holdings 104 505

Net assets, GNR as of Nov 3, 2026 and VOO as of Oct 31, 2026 $5.3bn $1.0tn

GNR and VOO 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.

VOO

VOO 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 Index. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 39.1%.

Questions people ask

Are GNR and VOO in the same category?: GNR is a thematic ETF and VOO 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 VOO?: In the year to Nov 4, 2026, with distributions reinvested, GNR returned +32.9% and VOO +14.8%.
Which is cheaper, GNR or VOO?: VOO 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 VOO overlap with the S&P 500?: By their latest filed holdings, 26% of GNR and 100% of VOO by weight is stocks the S&P 500 already holds.

Other comparisons

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

Where to next

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

Sources and dates

GNR filings on SEC EDGAR ↗

GNR prospectus with the expense ratio (SEC) ↗

State Street website ↗

VOO filings on SEC EDGAR ↗

VOO prospectus with the expense ratio (SEC) ↗

Vanguard page for VOO ↗

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.

Cite this pageCitation, APA and Markdown

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

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