GUNRFlexShares Morningstar Global Upstream Natural Resources Index Fund
International & Global ETF · FlexShares
Holdings as of Apr 30, 2026
GUNR is an International & Global ETF from FlexShares holding 148 positions as of Apr 30, 2026, with $7.2B in assets and a 0.46% net expense ratio. Its largest positions are CTVA (5.0%), XOM (5.0%) and NTR (4.8%); the top 10 holdings account for 37.0% of the portfolio. By sector it leans Materials (43.0%) and Energy (32.2%). It yields 2.30% on a trailing-12-month basis.
- Issuer
- FlexShares
- Holdings
- 1482.2% cash, collateral & derivative positions excluded
- Net Assets
- $7.2BETF assets as of 2026-08-10
- Expense Ratio
- 0.46%net of waivers (0.47% gross)
- TTM Yield
- 2.30%trailing 12-month distributions
Performance
- 1M
- +6.1%
- YTD
- +16.9%
- 1Y
- +32.8%
- 3Y (ann.)
- +11.8%
- 5Y (ann.)
- +10.9%
- 10Y (ann.)
- +10.3%
A $10,000 investment 10 years ago would be worth $26,605 today at the 10Y annualized rate. This is a backward-looking illustration, not a forecast. Project its future growth →
Total returns including dividends as of 2026-08-07. 3Y/5Y/10Y annualized. Past performance does not predict future results.
Sector Breakdown
| Materials | 43.0% |
|---|---|
| Energy | 32.2% |
| Consumer Staples | 8.4% |
| Utilities | 4.2% |
| Real Estate | 0.9% |
| Other Sectors | 0.6% |
| Unclassified | 10.6% |
We could not classify 11% of portfolio weight. It is shown separately as “Unclassified”, not lumped into a sector.
Top 25 Holdings
| # | Holding | Weight |
|---|---|---|
| 1 |  CTVACorteva, Inc. | 5.00% |
| 2 |  XOMExxon Mobil Corp. | 4.96% |
| 3 |  NTRNutrien Ltd. | 4.83% |
| 4 |  BHPBHP Group Ltd. | 4.16% |
| 5 |  SHELShell plc | 3.89% |
| 6 |  CVXChevron Corp. | 3.78% |
| 7 |  ADMArcher-Daniels-Midland Co. | 3.25% |
| 8 |  TTETotalEnergies SE | 2.87% |
| 9 |  RIORio Tinto plc | 2.24% |
| 10 |  NEMNewmont Corp. | 2.05% |
| 11 |  AEMAgnico Eagle Mines Ltd. | 1.99% |
| 12 |  BP-BP plc | 1.81% |
| 13 |  TSNTyson Foods, Inc., Class A | 1.75% |
| 14 |  CFCF Industries Holdings, Inc. | 1.65% |
| 15 |  Q23Bunge Global SA | 1.65% |
| 16 |  COPConocoPhillips | 1.61% |
| 17 |  GLENPENGlencore plc | 1.48% |
| 18 |  CNQCanadian Natural Resources Ltd. | 1.46% |
| 19 |  IQCDQARIndustries Qatar QSC | 1.45% |
| 20 |  MOWIMowi ASA | 1.43% |
| 21 |  FCXFreeport-McMoRan, Inc. | 1.42% |
| 22 |  ABXBarrick Mining Corp. | 1.37% |
| 23 |  SUSuncor Energy, Inc. | 1.28% |
| 24 |  YARYara International ASA | 1.27% |
| 25 |  VALE3Vale SA | 1.25% |
Showing the top 25 of 148 holdings. See the full GUNR holdings list →
GUNR alternatives
The closest International & Global ETFs to GUNR by portfolio overlap — the share of weight both funds hold in the same securities.
| Fund | Overlap | Expense | Assets | |
|---|---|---|---|---|
 GNRState Street® SPDR® S&P® Global Natural Resources ETF | 55% | 0.4%cheaper | $4.8B | Compare → |
 IXCiShares Global Energy ETF | 30% | 0.4%cheaper | $2.8B | Compare → |
 MXIiShares Global Materials ETF | 28% | — | $349M | Compare → |
 EWCiShares MSCI Canada ETF | 14% | 0.5%pricier | $6.2B | Compare → |
 BBCAJPMorgan BetaBuilders Canada ETF | 14% | 0.19%cheaper | $10.9B | Compare → |
 FNDFSchwab Fundamental International Equity ETF | 14% | 0.25%cheaper | $25.2B | Compare → |
 DFIVDimensional International Value ETF | 12% | 0.27%cheaper | $21.4B | Compare → |
 EWUiShares MSCI United Kingdom ETF | 12% | 0.5%pricier | $4.1B | Compare → |
Frequently Asked Questions
What is GUNR's expense ratio?
GUNR has a net expense ratio of 0.46% (0.47% gross, before fee waivers), per its latest SEC prospectus filing. That works out to about $46 a year on a $10,000 investment.
How many holdings does GUNR have?
GUNR held 148 positions as of Apr 30, 2026, per its latest official holdings data. Cash, collateral and derivative positions (2.2% of portfolio weight) are excluded from that count.
What are GUNR's top 10 holdings?
GUNR's largest positions are CTVA (5.0%), XOM (5.0%), NTR (4.8%), BHP (4.2%), SHEL (3.9%), CVX (3.8%), ADM (3.3%), TTE (2.9%), RIO (2.2%), NEM (2.0%). Together they account for 37.0% of the portfolio.
What is GUNR's dividend yield?
GUNR yields 2.30% based on its trailing 12-month distributions, as of Aug 7, 2026.
How big is GUNR?
GUNR has $7.2B in assets as of Aug 10, 2026.
What are good alternatives to GUNR?
By portfolio overlap, the closest International & Global ETFs to GUNR are GNR (55% overlap), IXC (30% overlap), MXI (28% overlap). Overlap measures the share of portfolio weight both funds hold in the same securities.