ETF comparison
GUNR vs XME
Both Materials.
Northern Trust Morningstar Global Upstream Natural Resources ETF · State Street SPDR S&P Metals & Mining ETF
Holdings overlap
5 positions appear in both funds. Buying equal dollars of GUNR and XME would leave roughly 4.2% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
XME is 11 bps cheaper than GUNR. On a $100,000 position that's about $110/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 XME.
Top shared holdings
5 shared in total| # | Holding | In GUNR | In XME | Overlap |
|---|---|---|---|---|
| 1 | Newmont Corp. | 1.85% | 4.24% | 1.85% |
| 2 | Freeport-McMoRan, Inc. | 1.55% | 4.26% | 1.55% |
| 3 | Royal Gold, Inc. | 0.30% | 4.26% | 0.30% |
| 4 | Coeur Mining, Inc. | 0.30% | 4.46% | 0.30% |
| 5 | Alcoa Corp. | 0.20% | 3.35% | 0.20% |
Only in GUNR
134 total- ExxonMobil Holdings Corp. 5.08%
- Corteva, Inc. 4.93%
- BHP Group Ltd. 4.61%
- Nutrien Ltd. 4.32%
- Shell plc 3.76%
- Chevron Corp. 3.72%
- Archer-Daniels-Midland Co. 3.23%
- TotalEnergies SE 2.78%
- Rio Tinto plc 2.26%
- CF Industries Holdings, Inc. 1.77%
Only in XME
34 total- Uranium Energy Corp 4.76%
- Hecla Mining Co 4.62%
- Centrus Energy Corp 4.60%
- USA Rare Earth Inc 4.47%
- MP Materials Corp 4.41%
- Materion Corp 4.22%
- Reliance Inc 3.99%
- Nucor Corp 3.74%
- Core Natural Resources Inc 3.69%
- Steel Dynamics Inc 3.60%
Related comparisons
More comparisons with GUNR
- GUNR vs URA · Global X Uranium ETF 2.9%
- GUNR vs URNM · Sprott Uranium Miners ETF 0.8%
- GUNR vs GDXJ · VanEck Junior Gold Miners ETF 0.6%
- GUNR vs VGT · Vanguard Information Technology Index Fund ETF Shares 0.0%
- GUNR vs XLK · State Street Technology Select Sector SPDR ETF 0.0%
- GUNR vs PICK · iShares MSCI Global Metals & Mining Producers ETF 16.6%
More comparisons with XME
- XME vs VGT · Vanguard Information Technology Index Fund ETF Shares 0.0%
- XME vs XLK · State Street Technology Select Sector SPDR ETF 0.0%
- XME vs VAW · Vanguard Materials Index Fund ETF Shares 23.9%
- XME vs FMAT · Fidelity MSCI Materials Index ETF 22.8%
- XME vs XLB · State Street Materials Select Sector SPDR ETF 15.8%
- XME vs PICK · iShares MSCI Global Metals & Mining Producers ETF 15.1%
Percentages are holdings overlap with the named fund.
Open GUNR or XME 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.