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, earns a solid overall rating thanks to strong, diversified leaders like Newmont Mining and Agnico Eagle, which benefit from robust profitability, efficient operations, and positive earnings outlooks. Major energy names such as Exxon Mobil, Shell, TotalEnergies, and Chevron also support the fund with generally strong financial health and attractive valuations, though some face short-term technical weakness and growth challenges. The main risk factor is the fund’s heavy concentration in natural resources and energy, which can make it sensitive to commodity price swings and sector-specific headwinds.

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)

AUM4.84B

RegionGlobal

Expense Ratio0.40%

Beta0.68

IssuerState Street

Inception DateSep 13, 2010

Dividend Yield2.36%

Asset ClassEquity

Index TrackedS&P Global Natural Resources

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume363,673

30 Day Avg. Volume407,080

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

77.20

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	5.89%	$283.42M	C$54.75B	63.12%	75 Outperform
XOM	Exxon Mobil	5.04%	$242.34M	$650.52B	39.52%	74 Outperform
SHEL	Shell (UK)	5.03%	$242.10M	£189.65B	27.87%	73 Outperform
BHP	BHP Group Ltd	4.20%	$202.15M	AU$252.89B	39.53%	68 Neutral
TTE	TotalEnergies SE	3.24%	$155.74M	€154.71B	25.67%	78 Outperform
	―	2.93%	$140.76M	―	―	―
CVX	Chevron	2.91%	$139.80M	$392.73B	25.35%	71 Outperform
NEM	Newmont Mining	2.86%	$137.64M	$119.21B	136.98%	81 Outperform
CTVA	Corteva	2.52%	$121.26M	$53.27B	32.41%	75 Outperform
AEM	Agnico Eagle	2.52%	$121.03M	$104.18B	100.33%	80 Outperform

GNR Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

70.53

Positive

100DMA

65.14

Positive

200DMA

60.41

Positive

Market Momentum

MACD

0.64

Positive

RSI

55.44

Neutral

STOCH

55.38

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 73.56, equal to the 50-day MA of 70.53, and equal to the 200-day MA of 60.41, indicating a neutral trend. The MACD of 0.64 indicates Positive momentum. The RSI at 55.44 is Neutral, neither overbought nor oversold. The STOCH value of 55.38 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	―	―	$4.84B	0.40%	65 Neutral
IGF	―	―	$9.96B	0.39%	65 Neutral
CIBR	―	―	$9.78B	0.58%	71 Outperform
BAI	―	―	$8.80B	0.55%	60 Neutral
GRID	―	―	$7.87B	0.56%	64 Neutral
GUNR	―	―	$7.41B	0.46%	59 Neutral

Performance Comparison

GNR

SPDR S&P Global Natural Resources ETF

73.38

20.89

39.80%

IGF

iShares Global Infrastructure ETF

―

CIBR

First Trust NASDAQ Cybersecurity ETF

―

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

―

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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