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GNR - ETF AI Analysis
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SPDR S&P Global Natural Resources ETF (GNR)
Rating:64Neutral
Price Target:
$62.00
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered solid year-to-date returns, indicating strong overall performance in 2023.
Global Diversification
The fund invests in companies across multiple countries, reducing reliance on any single geographic market.
Reasonable Expense Ratio
With a 0.4% expense ratio, the ETF offers relatively low costs compared to many actively managed funds.
Negative Factors
Sector Concentration in Materials and Energy
Over 80% of the fund is allocated to materials and energy sectors, increasing vulnerability to sector-specific downturns.
Underperforming Holdings
Some top holdings, such as TotalEnergies SE, have shown weak year-to-date performance, which could drag on overall returns.
Limited Exposure to Emerging Markets
The ETF has minimal exposure to emerging markets, which could limit growth opportunities in faster-growing economies.
GNR vs. SPDR S&P 500 ETF (SPY)
AUM3.55B
RegionGlobal
Expense Ratio0.40%
Beta0.67
IssuerSPDR
Inception DateSep 13, 2010
Dividend Yield3.57%
Asset ClassEquity
Index TrackedS&P Global Natural Resources
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume220,966
30 Day Avg. Volume293,662
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
69.12Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering92
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
GNR Summary
The SPDR S&P Global Natural Resources ETF (GNR) is an investment fund that focuses on companies involved in natural resources like agriculture, energy, and metals & mining. It tracks the S&P Global Natural Resources Index, giving investors exposure to major global players such as Exxon Mobil and BHP Group. This ETF is a good choice for those looking to diversify their portfolio and benefit from the long-term growth potential of industries essential to global infrastructure. However, new investors should be aware that its performance can fluctuate with changes in commodity prices and global economic conditions.
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
The SPDR S&P Global Natural Resources ETF (GNR) leans heavily into the materials and energy sectors, with names like Newmont Mining and Shell driving recent gains. Newmont’s strong performance in metals has been a bright spot, while Shell’s steady growth in energy adds stability. On the flip side, Nutrien has been lagging, weighed down by pressure on profitability margins, and Freeport-McMoRan’s mixed momentum hasn’t helped. With a global focus, the fund captures the pulse of natural resource giants, but its reliance on a few key sectors means performance hinges on commodity trends.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Shell (UK) | 4.89% | $171.46M | £164.04B | 9.52% | 77 Outperform | |
| BHP Group Ltd | 4.82% | $168.93M | AU$215.70B | 2.00% | 68 Neutral | |
| Exxon Mobil | 4.76% | $166.89M | $496.28B | 0.34% | 75 Outperform | |
| Nutrien | 4.68% | $164.06M | C$38.71B | 25.81% | 68 Neutral | |
| Newmont Mining | 3.35% | $117.25M | $95.04B | 100.56% | 81 Outperform | |
| TotalEnergies SE | 3.23% | $113.39M | €121.94B | -2.53% | 79 Outperform | |
| Agnico Eagle | 2.87% | $100.61M | $83.13B | 101.93% | 80 Outperform | |
| Chevron | 2.79% | $97.73M | $311.73B | -3.75% | 74 Outperform | |
| ― | 2.68% | $93.86M | ― | ― | ― | |
| Barrick Mining | 2.20% | $76.95M | $62.66B | 112.98% | 78 Outperform |
GNR Technical Analysis
Positive
―
Price Trends
59.05
Positive
57.63
Positive
54.83
Positive
Market Momentum
0.31
Negative
51.52
Neutral
57.01
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 59.28, equal to the 50-day MA of 59.05, and equal to the 200-day MA of 54.83, indicating a bullish trend. The MACD of 0.31 indicates Negative momentum. The RSI at 51.52 is Neutral, neither overbought nor oversold. The STOCH value of 57.01 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
59.45
7.01
13.37%
IGF
iShares Global Infrastructure ETF
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BAI
iShares A.I. Innovation and Tech Active ETF
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ARKK
Ark Innovation Etf
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GUNR
FlexShares Morningstar Global Upstream Natural Resources Index Fund
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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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