ETF comparison

GUNRvsXLB

Both Materials.

Northern Trust Morningstar Global Upstream Natural Resources ETF · State Street Materials Select Sector SPDR ETF

Holdings overlap

Weighted by ISIN/CUSIP
10.8%

5 positions appear in both funds. Buying equal dollars of GUNR and XLB would leave roughly10.8%of each dollar exposed to the same underlying securities.

GUNR only 88.9%Shared 10.8%XLB only 89.1%
In GUNR only
135 positions
Shared
5 positions
In XLB only
22 positions

Side by side

GUNR

Northern Trust Morningstar Global Upstream Natural Resources ETF

FlexShares · Materials

71composite / 100
Expense ratio
0.46%
Net assets
$7.30B
TTM yield
2.15%
Top-10 conc.
37.0%
XLB

State Street Materials Select Sector SPDR ETF

State Street · Materials

82composite / 100
Expense ratio
0.080%
Net assets
$8.75B
TTM yield
1.67%
Top-10 conc.
58.4%

Sub-score comparison

54
Cost
92
81
Tax efficiency
82
94
Liquidity
97
61
Concentration
31
Tracking quality
GUNRsub-scoreXLB

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

XLB is 38 bps cheaper than GUNR. On a $100,000 position that's about $380/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 thecost calculator pre-filled with GUNR vs XLB.

Top shared holdings

5 shared in total
#HoldingIn GUNRIn XLBOverlap
1Corteva, Inc.5.00%4.96%4.96%
2Newmont Corp.2.05%5.84%2.05%
3CF Industries Holdings, Inc.1.65%2.23%1.65%
4Freeport-McMoRan, Inc.1.42%5.30%1.42%
5Mosaic Co. (The)0.70%0.90%0.70%

Only in GUNR

135 total
  • Exxon Mobil Corp.4.96%
  • Nutrien Ltd.4.83%
  • BHP Group Ltd.4.16%
  • Shell plc3.89%
  • Chevron Corp.3.78%
  • Archer-Daniels-Midland Co.3.25%
  • TotalEnergies SE2.87%
  • Rio Tinto plc2.24%
  • Agnico Eagle Mines Ltd.1.99%
  • BP plc1.81%

Only in XLB

22 total
  • Linde PLC14.06%
  • Sherwin-Williams Co/The4.94%
  • Ecolab Inc4.73%
  • Vulcan Materials Co4.72%
  • CRH PLC4.67%
  • Air Products and Chemicals Inc4.62%
  • Martin Marietta Materials Inc4.55%
  • Nucor Corp3.88%
  • Steel Dynamics Inc3.73%
  • PPG Industries Inc3.62%

Open GUNR or XLB 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 methodologyand 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.