GNR - ETF AI Analysis

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SPDR S&P Global Natural Resources ETF (GNR)

Rating:65Neutral

Price Target:―

GNR, the SPDR S&P Global Natural Resources ETF, has a solid overall rating driven mainly by strong, diversified leaders in energy and materials like Newmont Mining, Agnico Eagle, Exxon Mobil, and Shell, which show healthy financial performance, supportive earnings calls, and generally attractive valuations. These strengths are partly offset by some holdings facing short-term technical weakness, revenue or cash flow challenges, or potentially stretched valuations, which introduce risk alongside the fund’s natural concentration in the global resources sector.

Positive Factors

Strong Recent Performance

The ETF has shown solid gains over the past month, three months, and year to date, indicating positive recent momentum.

Leading Natural Resources Companies

Several top holdings, including major energy and mining firms, have delivered strong year-to-date results that support the fund’s overall performance.

Global Diversification

The fund invests across multiple countries, with meaningful exposure outside the U.S., helping reduce reliance on any single market.

Negative Factors

Sector Concentration in Materials and Energy

More than three-quarters of the portfolio is in materials and energy, making the ETF highly sensitive to commodity and resource price swings.

Mixed Performance Among Top Holdings

At least one major holding has shown weak year-to-date performance, which can drag on the fund even as other positions do well.

Moderate Expense Ratio

The fund’s expense ratio is not especially low, so fees may be higher than some broad-market ETFs even though they are typical for a specialized strategy.

GNR vs. SPDR S&P 500 ETF (SPY)

AUM4.76B

RegionGlobal

Expense Ratio0.40%

Beta0.67

IssuerState Street

Inception DateSep 13, 2010

Dividend Yield2.35%

Asset ClassEquity

Index TrackedS&P Global Natural Resources

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume505,203

30 Day Avg. Volume310,601

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

76.58

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering90

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

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 and Chevron. Someone might invest in GNR to get broad, global exposure to commodities and resource producers in a single fund, which can help diversify a stock portfolio and potentially benefit from long-term demand for raw materials. A key risk is that it can be very sensitive to commodity prices, so its value can rise and fall sharply with the global economy.

How much will it cost me?The SPDR S&P Global Natural Resources ETF (GNR) has an expense ratio of 0.40%, which means you’ll pay $4 per year for every $1,000 invested. This is slightly higher than average for ETFs because it tracks a specialized sector index, focusing on natural resources rather than broader markets.

What would affect this ETF?The SPDR S&P Global Natural Resources ETF (GNR) could benefit from rising global demand for commodities like energy, metals, and agricultural products, driven by infrastructure development and technological advancements. However, it may face challenges from fluctuating commodity prices, regulatory changes in mining and energy sectors, or economic slowdowns that reduce demand for natural resources. Its global exposure and diversified holdings in companies like BHP Group and Exxon Mobil provide resilience but also make it sensitive to geopolitical tensions and environmental policies.

GNR Top 10 Holdings

GNR is riding a global wave in natural resources, with big positions in miners and oil majors doing most of the heavy lifting. BHP and Newmont have been rising strongly, giving the fund a solid boost from the metals side, while Agnico Eagle adds extra shine with its strong momentum. On the energy front, Exxon, Chevron, Shell, and TotalEnergies are all generally climbing, though Shell looks a bit more mixed. Nutrien and Corteva keep the agriculture theme in play, but their steadier moves mean they’re more supporting cast than star performers. Overall, it’s a globally diversified bet, but clearly concentrated in materials and energy heavyweights.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
NTR	Nutrien	5.09%	$241.96M	$33.99B	35.39%	75 Outperform
XOM	Exxon Mobil	4.90%	$233.05M	$635.44B	33.06%	74 Outperform
BHP	BHP Group Ltd	4.76%	$226.13M	AU$265.54B	50.41%	68 Neutral
SHEL	Shell (UK)	4.09%	$194.29M	£165.51B	11.49%	73 Outperform
NEM	Newmont Mining	3.43%	$163.23M	$136.07B	169.42%	81 Outperform
TTE	TotalEnergies SE	2.89%	$137.37M	€139.76B	13.09%	78 Outperform
	―	2.88%	$136.71M	―	―	―
AEM	Agnico Eagle	2.82%	$134.00M	$110.59B	137.52%	80 Outperform
CVX	Chevron	2.71%	$128.69M	$370.23B	17.21%	71 Outperform
CTVA	Corteva	2.38%	$113.05M	$51.51B	21.59%	75 Outperform

GNR Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

66.46

Positive

100DMA

62.51

Positive

200DMA

58.52

Positive

Market Momentum

MACD

1.95

Positive

RSI

64.02

Neutral

STOCH

76.18

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GNR, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 71.13, equal to the 50-day MA of 66.46, and equal to the 200-day MA of 58.52, indicating a bullish trend. The MACD of 1.95 indicates Positive momentum. The RSI at 64.02 is Neutral, neither overbought nor oversold. The STOCH value of 76.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GNR.

GNR Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
GNR	―	―	$4.76B	0.40%	65 Neutral
BAI	―	―	$8.89B	0.55%	61 Neutral
GRID	―	―	$7.70B	0.56%	64 Neutral
GUNR	―	―	$7.19B	0.46%	59 Neutral
ARKK	―	―	$6.23B	0.75%	59 Neutral
XT	―	―	$3.66B	0.46%	69 Neutral

Performance Comparison

GNR

SPDR S&P Global Natural Resources ETF

73.26

21.67

42.00%

BAI

iShares A.I. Innovation and Tech Active ETF

―

GRID

First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index

―

GUNR

FlexShares Morningstar Global Upstream Natural Resources Index Fund

―

ARKK

Ark Innovation Etf

―

iShares Exponential Technologies ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

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.Date of analysis: ―

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