Do GNR and NANR hold the same stocks?

By their latest filings, 51% 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 NANR?

GNR has 26% of its weight in S&P 500 names and NANR has 47%, so GNR differs more from the index.

Which is cheaper, GNR or NANR?

GNR charges 0.40% a year and NANR charges 0.35%, so NANR is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

GNR vs NANR: Holdings Overlap & Returns

Share on X Download as PDF

Over the year to Nov 4, 2026, GNR returned +32.9% to NANR's +39.4%; 51% of their weight is in the same names.

askIQ about this page

askIQ about GNR and NANR

Net assets on Nov 3, 2026: $5.3bn for State Street SPDR S&P Global Natural Resources ETF and $814m for State Street SPDR S&P North American Natural Resources ETF.

GNR on its own →NANR on its own →

At a glance

25.9%

GNR in the S&P 500

47.3%

NANR in the S&P 500

+32.9%

GNR total return, 1 year

+39.4%

NANR 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.

NANR · 1 year to Nov 4, 2026 53% of its weight is outside the S&P 500

47% of NANR's weight is in S&P 500 companies and 53% is outside the index. Holdings as of Nov 3, 2026.

Pair scorecard

NANR costs 0.05 points a year less; their one-year returns differ by 6.5 points; GNR is 6.5 times larger.

GNR vs NANR: Holdings Overlap & Returns
Measure	GNR	NANR
Return
Measure	GNR	NANR
Total return, 1 year	+32.9%	+39.4%
Drawdown
Measure	GNR	NANR
Below its all-time high	6.8%, high on Sep 9, 2026	7.6%, high on Aug 21, 2026
Benchmark
Measure	GNR	NANR
What it tracks	Natural resources	Natural resources
Cost and size
Measure	GNR	NANR
Expense ratio	0.40%	0.35%
Net assets, as of Nov 3, 2026	$5.3bn	$814m
Holdings
Measure	GNR	NANR
Holdings in common	51%
Top ten holdings, share of the fund	36%	41%

Method

What they share

51%

By the books each fund has filed, GNR and NANR hold 51% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

50%

0 half 100%

half

51% in common

Positions both hold · largest shared weight first GNR NANR

EXXONMOBIL HOLDINGS CORP 5.23% 11.53%

CHEVRON CORP 3.00% 7.95%

NEWMONT CORP 2.71% 3.62%

VYLOR INC 2.29% 3.03%

NUTRIEN LTD 4.43% 2.10%

FREEPORT MCMORAN INC 2.09% 2.84%

AGNICO EAGLE MINES LTD 2.01% 2.72%

CANADIAN NATURAL RESOURCES 2.12% 1.98%

ARCHER DANIELS MIDLAND CO 1.62% 2.15%

SUNCOR ENERGY INC 1.70% 1.59%

BARRICK MINING CORP 1.47% 1.96%

NUCOR CORP 1.47% 1.99%

Only in one fund ↓

Only in GNR

SHELL PLC 5.51%

BHP GROUP LTD 4.44%

TOTALENERGIES SE 3.68%

UPM KYMMENE OYJ 2.82%

BP PLC 2.36%

SVENSKA CELLULOSA AB SCA B 1.59%

GLENCORE PLC 1.52%

YARA INTERNATIONAL ASA 1.48%

Only in NANR

ROYAL GOLD INC 0.63%

PAN AMERICAN SILVER CORP 0.51%

TECHNIPFMC PLC 0.47%

LUNDIN MINING CORP 0.46%

COEUR MINING INC 0.44%

EQUINOX GOLD CORP 0.38%

EXPAND ENERGY CORP 0.37%

ALAMOS GOLD INC CLASS A 0.36%

Check overlap with more funds →

Window by window

Window by window: GNR vs NANR: Holdings Overlap & Returns
	Total return
Window	GNR	NANR
3 months	+1.4%	+3.3%
6 months	+0.4%	+2.1%
1 year	+32.9%	+39.4%
3 years	+50.3%	+75.2%
Since launchNot the same days: GNR Sep 2010 · NANR Dec 2015	+138.2%	+337.7%

Open this comparison in the app →

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 NANR State Street SPDR S&P North American Natural Resources ETF · Holds 202 stocks in natural resources, 47% of its weight in S&P 500 companies

Issuer State Street State Street

Theme Natural resources Natural resources

In the S&P 500 25.9% 47.3%

Active share vs the S&P 500 97.6% 97.5%

In the Nasdaq-100 0.6% 1.6%

Holdings 104 202

Top ten, share of the fund 36.5% 41.2%

Expense ratio 0.40% 0.35%

Fee for the differing part 0.41% 0.36%

Total return, 1 year +32.9% +39.4%

vs its benchmark not measured not measured

Below its high −6.8% −7.6%

Net assets, as of Nov 3, 2026 $5.3bn $814m

As of Nov 4, 2026. Source: ETFIQ.

51% of the two portfolios are the same securities at the same weight.

Client brief:

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Your saved page · Privacy.

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.

NANR

By weight, 47% of NANR'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 41% of the fund across 202 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned +39.4% with distributions reinvested. It sits 7.6% below its all-time high of Aug 21, 2026.

Questions people ask

Do GNR and NANR hold the same stocks?: By their latest filings, 51% 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 NANR?: GNR has 26% of its weight in S&P 500 names and NANR has 47%, so GNR differs more from the index.
Which is cheaper, GNR or NANR?: GNR charges 0.40% a year and NANR charges 0.35%, so NANR is cheaper. Fees come from each fund's prospectus.

Other comparisons

GNR vs IGE GNR vs MGNR GNR vs CCNR GNR vs TURF NANR vs CCNR NANR vs GUNR NANR vs TURF NANR vs NRES

Where to next

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

Sources and dates

GNR and NANR filings on SEC EDGAR ↗

GNR and NANR prospectus with the expense ratio (SEC) ↗

State Street website ↗

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 NANR, data as of Nov 4, 2026. https://etfiq.com/compare/themes/gnr-vs-nanr

Open data →

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