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GNR - ETF AI Analysis
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SPDR S&P Global Natural Resources ETF (GNR)
Rating:65Neutral
Price Target:―
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)
AUM4.35B
RegionGlobal
Expense Ratio0.40%
Beta0.68
IssuerState Street
Inception DateSep 13, 2010
Dividend Yield2.44%
Asset ClassEquity
Index TrackedS&P Global Natural Resources
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume525,183
30 Day Avg. Volume285,625
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
72.74Price 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 leaning hard into global natural resources, with a heavy tilt toward materials and energy names that set the tone for returns. Gold and copper players like Newmont, Agnico Eagle, and Freeport-McMoRan are doing the heavy lifting, riding rising metals prices and giving the fund a solid tailwind. On the energy side, Exxon and Chevron are steady to rising, while Shell and TotalEnergies look more mixed and occasionally lose steam. With major holdings spread across North America and Europe, this is a truly global bet on the commodity cycle.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nutrien | 5.22% | $225.27M | $33.27B | 33.20% | 75 Outperform | |
| Exxon Mobil | 4.82% | $208.18M | $583.66B | 30.71% | 74 Outperform | |
| BHP Group Ltd | 4.66% | $201.28M | AU$250.94B | 39.71% | 68 Neutral | |
| Shell (UK) | 4.19% | $181.03M | £157.41B | 5.18% | 73 Outperform | |
| Newmont Mining | 3.32% | $143.25M | $123.15B | 170.22% | 81 Outperform | |
| TotalEnergies SE | 2.84% | $122.39M | €130.79B | 4.50% | 78 Outperform | |
| Chevron | 2.74% | $118.20M | $350.41B | 16.20% | 71 Outperform | |
| ― | 2.71% | $116.91M | ― | ― | ― | |
| Agnico Eagle | 2.57% | $110.82M | $96.07B | 106.45% | 80 Outperform | |
| Corteva | 2.43% | $104.78M | $49.46B | 14.22% | 75 Outperform |
GNR Technical Analysis
Positive
―
Price Trends
63.72
Positive
60.93
Positive
57.30
Positive
Market Momentum
1.97
Negative
70.38
Negative
46.16
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 67.64, equal to the 50-day MA of 63.72, and equal to the 200-day MA of 57.30, indicating a bullish trend. The MACD of 1.97 indicates Negative momentum. The RSI at 70.38 is Negative, neither overbought nor oversold. The STOCH value of 46.16 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
Performance Comparison
GNR
SPDR S&P Global Natural Resources ETF
70.94
19.64
38.28%
IGF
iShares Global Infrastructure ETF
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BAI
iShares A.I. Innovation and Tech Active ETF
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GUNR
FlexShares Morningstar Global Upstream Natural Resources Index Fund
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ARKK
Ark Innovation Etf
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GRID
First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index
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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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