GNR - ETF AI Analysis
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SPDR S&P Global Natural Resources ETF (GNR)
GNR (SPDR S&P Global Natural Resources ETF) has a solid overall rating, mainly because many of its largest holdings—like Exxon Mobil, TotalEnergies, Shell, and Newmont Mining—show strong financial performance, supportive valuations, and generally positive technical or earnings trends. These strengths are partly offset by some holdings facing short-term bearish technical signals, revenue or cash flow challenges, and issues like high leverage or tax-related risks, and the fund’s focus on natural resources means it is exposed to sector-specific and commodity-related volatility.
GNR vs. SPDR S&P 500 ETF (SPY)
- AUM
- 5.33B
- Region
- Global
- Expense Ratio
- 0.40%
- Beta
- 0.57
- Issuer
- State Street
- Inception Date
- Sep 13, 2010
- Dividend Yield
- 2.49%
- Asset Class
- Equity
- Index Tracked
- S&P Global Natural Resources
GNR Summary
GNR is the SPDR S&P Global Natural Resources ETF, which follows the S&P Global Natural Resources Index. It invests in companies tied to natural resources like energy, metals, and agriculture around the world. Well-known holdings include Exxon Mobil, Chevron, Shell, and BHP Group. Someone might invest in GNR to diversify beyond typical tech and consumer stocks and to benefit from long-term demand for commodities that power the global economy. A key risk is that natural resource prices can be very volatile, so the value of this ETF can go up and down sharply with changes in commodity markets and the global economy.
How much will it cost me?
This ETF has an expense ratio of 0.40%, which means you’ll pay about $4 per year for every $1,000 invested. That’s a bit higher than the cheapest broad market index ETFs, mainly because this is a more specialized, sector-focused fund tracking global natural resources.
What would affect this ETF?
GNR could benefit if global economic growth and infrastructure spending increase demand for energy, metals, and agricultural products, helping major holdings like Shell, Exxon Mobil, and BHP, and if commodity prices rise or remain strong. On the negative side, slower global growth, falling commodity prices, stricter environmental regulations on energy and mining, or rapid shifts toward renewables that hurt traditional oil and gas companies could weigh on this natural resources-focused ETF.
GNR Top 10 Holdings
GNR is powered by a global lineup of energy and materials heavyweights, with oil majors like Exxon, Shell, Chevron, BP, and TotalEnergies doing most of the heavy lifting as their shares have been steadily rising. These names give the fund a clear tilt toward traditional energy, with performance closely tied to the oil and gas cycle. On the materials side, BHP and Newmont are more mixed, with recent softness in BHP partly offset by firmer gold exposure via Newmont. Nutrien’s lagging action in agriculture adds a bit of drag, but overall the ETF leans on global resource giants to drive returns.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 GB:SHEL | Shell (UK) | 5.40% | $288.35M | GBP 211.09B | 30.61% | 73Outperform |
 NTR | Nutrien | ― | ― | ― | ― | 75Outperform |
 XOM | Exxon Mobil | 4.88% | $260.19M | $676.62B | 44.86% | 74Outperform |
 AU:BHP | BHP Group Ltd | 4.61% | $246.16M | AUD 292.91B | 34.00% | 68Neutral |
 FR:TTE | TotalEnergies SE | 3.59% | $191.63M | EUR 177.97B | 49.76% | 78Outperform |
 NEM | Newmont Mining | 3.02% | $160.94M | $125.65B | 46.50% | 81Outperform |
 CVX | Chevron | 2.84% | $151.57M | $417.87B | 39.02% | 71Outperform |
 AEM | Agnico Eagle | ― | ― | ― | ― | 80Outperform |
 GB:BP | BP p.l.c. | 2.27% | $121.14M | GBP 86.45B | 21.95% | 71Outperform |
GNR Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GNR, the sentiment is Negative. The current price of 73.11 is below the 20-day moving average (MA) of 75.50, below the 50-day MA of 76.28, and below the 200-day MA of 73.22, indicating a bearish trend. The MACD of -0.60 indicates Positive momentum. The RSI at 33.96 is Neutral, neither overbought nor oversold. The STOCH value of 15.96 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GNR.
GNR Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| GNR | $73.11 | $81.00(10.79% Upside) | $5.33B | 0.40% | 64Neutral |
 GUNR | $52.28 | $60.01(14.79% Upside) | $6.90B | 0.46% | 60Neutral |
 XT | $79.75 | $98.22(23.16% Upside) | $3.78B | 0.46% | 69Neutral |
 HACK | $110.84 | $131.19(18.36% Upside) | $3.20B | 0.60% | 68Neutral |
 NFRA | $63.94 | $72.53(13.43% Upside) | $3.07B | 0.47% | 66Neutral |
 MGNR | $46.60 | $62.34(33.78% Upside) | $1.25B | 0.75% | 57Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| GNR | SPDR S&P Global Natural Resources ETF | 73.11 | 14.24 | 24.18% | |
| GUNR | FlexShares Morningstar Global Upstream Natural Resources Index Fund | 52.28 | 8.66 | 19.87% | |
| XT | iShares Exponential Technologies ETF | 79.75 | 10.33 | 14.88% | |
| HACK | Etfmg Prime Cyber Security Etf | 110.84 | 23.75 | 27.28% | |
| NFRA | FlexShares STOXX Global Broad Infrastructure Index Fund | 63.94 | 4.48 | 7.54% | |
| MGNR | American Beacon GLG Natural Resources ETF | 46.60 | 5.15 | 12.41% |
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.