ETF comparison

GUNR vs PICK

Both Materials.

FlexShares Morningstar Global Upstream Natural Resources Index Fund · iShares MSCI Global Metals & Mining Producers ETF

Holdings overlap

Weighted by ISIN/CUSIP
16.1 %

16 positions appear in both funds. Buying equal dollars of GUNR and PICK would leave roughly 16.1% of each dollar exposed to the same underlying securities.

GUNR only 83.6% Shared 16.1% PICK only 83.8%
In GUNR only
124 positions
Shared
16 positions
In PICK only
219 positions

Side by side

GUNR

FlexShares Morningstar Global Upstream Natural Resources Index Fund

FlexShares · Materials

70 composite / 100
Expense ratio
0.46%
Net assets
$6.72B
TTM yield
2.39%
Top-10 conc.
37.0%
PICK

iShares MSCI Global Metals & Mining Producers ETF

iShares · Materials

66 composite / 100
Expense ratio
0.39%
Net assets
$2.20B
TTM yield
2.26%
Top-10 conc.
44.9%

Sub-score comparison

54
Cost
61
81
Tax efficiency
81
93
Liquidity
71
61
Concentration
50
Tracking quality
GUNR sub-score PICK

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

PICK is 7 bps cheaper than GUNR. On a $100,000 position that's about $70/yr more in fees for GUNR.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with GUNR vs PICK.

Top shared holdings

16 shared in total
# Holding In GUNR In PICK Overlap
1 BHP Group Ltd. 4.16% 12.15% 4.16%
2 Rio Tinto plc 2.24% 6.59% 2.24%
3 Glencore plc 1.48% 4.28% 1.48%
4 Freeport-McMoRan, Inc. 1.42% 5.76% 1.42%
5 Vale SA 1.25% 3.69% 1.25%
6 Anglo American plc 1.17% 3.29% 1.17%
7 Grupo Mexico SAB de CV 0.76% 2.33% 0.76%
8 Teck Resources Ltd. 0.58% 1.58% 0.58%
9 Fortescue Ltd. 0.48% 1.50% 0.48%
10 Saudi Arabian Mining Co. 0.43% 1.50% 0.43%
11 Lundin Mining Corp. 0.41% 1.29% 0.41%
12 First Quantum Minerals Ltd. 0.39% 1.25% 0.39%

Only in GUNR

124 total
  • Corteva, Inc. 5.00%
  • Exxon Mobil Corp. 4.96%
  • Nutrien Ltd. 4.83%
  • Shell plc 3.89%
  • Chevron Corp. 3.78%
  • Archer-Daniels-Midland Co. 3.25%
  • TotalEnergies SE 2.87%
  • Newmont Corp. 2.05%
  • Agnico Eagle Mines Ltd. 1.99%
  • BP plc 1.81%

Only in PICK

219 total
  • RIO TINTO LIMITED 2.60%
  • NUCOR CORPORATION 2.39%
  • ArcelorMittal SA 1.81%
  • STEEL DYNAMICS, INC. 1.59%
  • POSCO Holdings Inc. 1.23%
  • IMPALA PLATINUM HOLDINGS LIMITED 1.19%
  • Sumitomo Metal Mining Co., Ltd. 1.18%
  • SOUTHERN COPPER CORPORATION 1.17%
  • NIPPON STEEL CORPORATION 1.16%
  • TATA STEEL LIMITED 1.03%

Open GUNR or PICK at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.