Do GNR and IGV hold the same stocks?

By their latest filings, 0% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, GNR or IGV?

GNR has 26% of its weight in S&P 500 names and IGV has 80%, so GNR differs more from the index.

Which is cheaper, GNR or IGV?

GNR charges 0.40% a year and IGV charges 0.38%, so IGV is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

GNR vs IGV: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, GNR returned +32.9% to IGV's −7.5%; 0% of their weight is in the same names.

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Net assets on Nov 3, 2026: $5.3bn for State Street SPDR S&P Global Natural Resources ETF and $12.8bn for iShares Expanded Tech-Software Sector ETF.

GNR on its own →IGV on its own →

At a glance

25.9%

GNR in the S&P 500

79.8%

IGV in the S&P 500

+32.9%

GNR total return, 1 year

−7.5%

IGV total return, 1 year

GNR · 1 year to Nov 4, 2026 74% of its weight is outside the S&P 500

26% of GNR's weight is in S&P 500 companies and 74% is outside the index. Holdings as of Nov 3, 2026.

IGV · 1 year to Nov 4, 2026 20% of its weight is outside the S&P 500

80% of IGV's weight is in S&P 500 companies and 20% is outside the index. Holdings as of Nov 3, 2026.

Pair scorecard

IGV costs 0.02 points a year less; their one-year returns differ by 40.4 points; IGV is 2.4 times larger.

GNR vs IGV: Holdings Overlap & Returns
Measure	GNR	IGV
Return
Measure	GNR	IGV
Total return, 1 year	+32.9%	−7.5%
Drawdown
Measure	GNR	IGV
Below its all-time high	6.8%, high on Sep 9, 2026	12.1%, high on Sep 22, 2025
Benchmark
Measure	GNR	IGV
What it tracks	Natural resources	Cloud and software
Cost and size
Measure	GNR	IGV
Expense ratio	0.40%	0.38%
Net assets, as of Nov 3, 2026	$5.3bn	$12.8bn
Holdings
Measure	GNR	IGV
Holdings in common	0%
Top ten holdings, share of the fund	36%	60%

Method

What they share

By the books each fund has filed, GNR and IGV hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first GNR IGV

Only in one fund ↓

Only in GNR

SHELL PLC 5.51%

EXXONMOBIL HOLDINGS CORP 5.23%

BHP GROUP LTD 4.44%

NUTRIEN LTD 4.43%

TOTALENERGIES SE 3.68%

CHEVRON CORP 3.00%

UPM KYMMENE OYJ 2.82%

NEWMONT CORP 2.71%

Only in IGV

MICROSOFT 8.95%

PALO ALTO NETWORKS 8.82%

PALANTIR TECHNOLOGIES CLASS A 8.74%

CROWDSTRIKE HOLDINGS CLASS A 8.49%

ORACLE 6.59%

SALESFORCE 4.07%

SERVICENOW 3.72%

ADOBE INC 3.51%

Check overlap with more funds →

Window by window

Window by window: GNR vs IGV: Holdings Overlap & Returns
	Total return
Window	GNR	IGV
3 months	+1.4%	+2.2%
6 months	+0.4%	+17.9%
1 year	+32.9%	−7.5%
3 years	+50.3%	+48.1%
Since launchNot the same days: GNR Sep 2010 · IGV Jul 2001	+138.2%	+931.8%

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Side by side

GNR State Street SPDR S&P Global Natural Resources ETF · Holds 104 stocks in natural resources, 26% of its weight in S&P 500 companies IGV iShares Expanded Tech-Software Sector ETF · Holds 107 stocks in cloud and software, 80% of its weight in S&P 500 companies

Issuer State Street iShares

Theme Natural resources Cloud and software

In the S&P 500 25.9% 79.8%

Active share vs the S&P 500 97.6% 92.4%

In the Nasdaq-100 0.6% 64.2%

Holdings 104 107

Top ten, share of the fund 36.5% 59.5%

Expense ratio 0.40% 0.38%

Fee for the differing part 0.41% 0.41%

Total return, 1 year +32.9% −7.5%

vs its benchmark not measured not measured

Below its high −6.8% −12.1%

Net assets, as of Nov 3, 2026 $5.3bn $12.8bn

As of Nov 4, 2026. Source: ETFIQ.

0% of the two portfolios are the same securities at the same weight.

Client brief:

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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.

IGV

By weight, 80% of IGV's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 92%. The top ten holdings are 60% of the fund across 107 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned −7.5% with distributions reinvested. It sits 12.1% below its all-time high of Sep 22, 2025.

Questions people ask

Do GNR and IGV hold the same stocks?: By their latest filings, 0% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, GNR or IGV?: GNR has 26% of its weight in S&P 500 names and IGV has 80%, so GNR differs more from the index.
Which is cheaper, GNR or IGV?: GNR charges 0.40% a year and IGV charges 0.38%, so IGV is cheaper. Fees come from each fund's prospectus.

Other comparisons

GNR vs PPA GNR vs SHLD GNR vs URA GNR vs XAR IGV vs GUNR IGV vs NLR IGV vs ARKG IGV vs XAR

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →GNR on its own →IGV on its own →GNR dividend history →GNR holdings →IGV dividend history →IGV holdings →Method →Standards and sources →

Sources and dates

GNR filings on SEC EDGAR ↗

GNR prospectus with the expense ratio (SEC) ↗

State Street website ↗

IGV filings on SEC EDGAR ↗

IGV prospectus with the expense ratio (SEC) ↗

iShares page for IGV ↗

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.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, GNR against IGV, data as of Nov 4, 2026. https://etfiq.com/compare/themes/gnr-vs-igv

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