SPDR S&P North American Natural Resources ETF
NANR - ETF AI Analysis
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SPDR S&P North American Natural Resources ETF (NANR)
NANR’s rating suggests it is a solid but not risk‑free way to invest in North American natural resources, with performance driven largely by strong, diversified energy and mining leaders. Major holdings like Exxon Mobil, Chevron, Newmont Mining, ConocoPhillips, and Agnico Eagle support the fund’s quality through robust financial health, positive earnings calls, and generally favorable outlooks, while weaker names such as ADM and Freeport-McMoRan introduce some drag due to growth challenges and operational risks. The main risk factor is the fund’s concentration in cyclical natural resource sectors, which can be sensitive to commodity prices and global economic conditions.
NANR vs. SPDR S&P 500 ETF (SPY)
- AUM
- 807.14M
- Region
- North America
- Expense Ratio
- 0.35%
- Beta
- 0.61
- Issuer
- State Street
- Inception Date
- Dec 15, 2015
- Dividend Yield
- 1.69%
- Asset Class
- Equity
- Index Tracked
- S&P BMI North American Natural Resources Index
NANR Summary
NANR is the SPDR S&P North American Natural Resources ETF, which follows the S&P BMI North American Natural Resources Index. It focuses on companies tied to energy, metals, and agriculture in the U.S. and Canada. Well-known holdings include Exxon Mobil and Chevron, along with major mining and farming-related firms. Someone might invest in NANR to gain diversified exposure to natural resource businesses that can benefit from global demand for oil, metals, and food, and may help during periods of rising prices. A key risk is that the fund is heavily tied to commodity markets, so its value can go up and down sharply with energy and metal prices.
How much will it cost me?
This ETF has an expense ratio of 0.35%, which means you’ll pay about $3.50 per year for every $1,000 you invest. That’s slightly higher than the cheapest broad-market index ETFs, mainly because this is a more specialized, sector-focused fund that requires more targeted management.
What would affect this ETF?
NANR is heavily focused on North American energy and materials companies like Exxon Mobil, Chevron, and major miners, so it can benefit if oil, metals, and agricultural demand stays strong, inflation remains elevated, or global growth supports higher commodity prices. On the downside, weaker economic conditions, falling commodity prices, stricter environmental regulations, or shifts away from fossil fuels could hurt the fund’s energy-heavy holdings and overall performance.
NANR Top 10 Holdings
NANR is powered by a heavy dose of North American energy, with Exxon Mobil, Chevron, ConocoPhillips, and Marathon Petroleum doing most of the heavy lifting as their shares have been rising and helping drive the fund’s recent momentum. On the materials side, gold names like Newmont and Agnico Eagle are more of a steady, mixed influence, while Freeport-McMoRan has been choppy and can occasionally tug performance lower. Overall, this is a resource-heavy, energy-and-metals story rooted firmly in North America, with little diversification beyond the natural resources theme.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 XOM | Exxon Mobil | 10.88% | $88.42M | $680.05B | 43.74% | 74Outperform |
 CVX | Chevron | 7.56% | $61.45M | $419.19B | 41.11% | 71Outperform |
 NEM | Newmont Mining | 4.01% | $32.61M | $123.11B | 21.03% | 81Outperform |
 AEM | Agnico Eagle | ― | ― | ― | ― | 80Outperform |
 COP | Conocophillips | 2.97% | $24.16M | $163.00B | 57.25% | 78Outperform |
 VYLR | Vylor Inc | 3.05% | $24.80M | $48.11B | 5.57% | ―― |
 FCX | Freeport-McMoRan | 2.87% | $23.30M | $89.14B | 44.58% | 67Neutral |
 NTR | Nutrien | ― | ― | ― | ― | 75Outperform |
 ADM | Archer Daniels Midland | 2.17% | $17.62M | $33.75B | 22.89% | 64Neutral |
 B | Barrick Mining | ― | ― | ― | ― | 80Outperform |
NANR Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For NANR, the sentiment is Negative. The current price of 83.51 is below the 20-day moving average (MA) of 86.03, below the 50-day MA of 86.87, and above the 200-day MA of 82.94, indicating a neutral trend. The MACD of -0.93 indicates Positive momentum. The RSI at 39.74 is Neutral, neither overbought nor oversold. The STOCH value of 32.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NANR.
NANR Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| NANR | $83.51 | $94.00(12.56% Upside) | $807.14M | 0.35% | 70Outperform |
 MLPI | $51.97 | $59.40(14.29% Upside) | $906.95M | 0.68% | 67Neutral |
 IGE | $62.85 | $75.58(20.26% Upside) | $813.36M | 0.37% | 72Outperform |
 UMI | $58.62 | $67.33(14.86% Upside) | $527.14M | 0.69% | 68Neutral |
 MDST | $28.41 | $33.03(16.25% Upside) | $289.09M | 0.80% | 68Neutral |
 USAI | $45.57 | $53.69(17.80% Upside) | $122.65M | 0.75% | 68Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| NANR | SPDR S&P North American Natural Resources ETF | 83.51 | 19.44 | 30.35% | |
| MLPI | NEOS MLP & Energy Infrastructure High Income ETF | 51.97 | 8.39 | 19.26% | |
| IGE | iShares North American Natural Resources ETF | 62.85 | 14.48 | 29.93% | |
| UMI | USCF Midstream Energy Income Fund ETF | 58.62 | 11.25 | 23.75% | |
| MDST | Westwood Salient Enhanced Midstream Income ETF | 28.41 | 4.39 | 18.26% | |
| USAI | Pacer American Energy Independence ETF | 45.57 | 8.87 | 24.17% |
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.