DEM vs GUNR: Holdings Overlap
DEMWisdomTree Emerging Markets High Dividend Fund
WisdomTree · 533 holdings · $3.9B · as of 2026-03-31
GUNRFlexShares Morningstar Global Upstream Natural Resources Index Fund
FlexShares · 148 holdings · $7.2B · as of 2026-04-30
Holdings snapshots are 30 days apart (DEM: 2026-03-31, GUNR: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are DEM and GUNR?
WisdomTree Emerging Markets High Dividend Fund (DEM, by WisdomTree) holds 533 positions; FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR, by FlexShares) holds 148. They have 13 holdings in common, and by portfolio weight the two funds are 2.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 13DEM holds 533 · GUNR holds 148
- Weight in Shared Holdings
- DEM 6%·GUNR 3%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in DEM
520 of 533 positions (93.5% of the fund) are not held by GUNR. Showing the top 30 by weight.
C6TChina Construction Bank Corp. 'H'CNY14.51%
ICKIndustrial & Commercial Bank of China Ltd. 'H'CNY12.82%
2454MediaTek Inc. TWD102.52%
GFNORTEOGrupo Financiero Banorte S.A.B. de C.V. COM NPV SERIES O1.99%
2318RUBPing An Insurance (Group) Company of China Ltd. 'H' CNY11.67%
601166Industrial Bank Co Ltd. 'A'CNY11.43%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DEM | +2.5% | +19.2% | +24.0% | +17.6% | +10.5% | +9.2% | 4.10% |
| GUNR | +6.1% | +16.9% | +32.8% | +11.8% | +10.9% | +10.3% | 2.30% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in DEM vs GUNR →
Shared Holdings(13)
The top 10 shared positions account for 100% of the overlap, led by ARAMCSAR, SAFCOSAR and PKN.
 ARAMCSARSaudi Arabian Oil Company NPV | 2.15% | 0.62% | 0.62% |
|---|---|---|---|
 SAFCOSARSABIC Agri-Nutrients Co SAR10 | 0.50% | 1.14% | 0.50% |
 PKNOrlen SA PLN1.25 | 1.92% | 0.33% | 0.33% |
 KLBN11Klabin S.A. UNITS (1 COM & 4 PRF) | 0.27% | 0.19% | 0.19% |
| Charoen Pokphand Foods PCL THB1 (NVDR) | 0.19% | 0.29% | 0.19% |
| Companhia De Saneamento Do Parana Sa - Sanepar UNITS (1 COM & 4 PRF) | 0.25% | 0.13% | 0.13% |
| Cia de Saneamento de Minas Gerais Copasa MG | 0.27% | 0.13% | 0.13% |
 600096Yunnan Yuntianhua Co. Ltd., Class A | 0.27% | 0.11% | 0.11% |
| Aguas Andinas SA COM NPV SER'A' | 0.14% | 0.07% | 0.07% |
| Phosagro Public Joint Stock Company RUB2.5(RUB) | 0.00% | 0.00% | 0.00% |
| Tatneft Pjsc RUB1(RUB) | 0.00% | 0.00% | 0.00% |
| MMC Norilsk Nickel Public Joint Stock Company RUB1(RUB) | 0.00% | 0.00% | 0.00% |
| MMC Norilsk Nickel Public Joint Stock Company SPONSORED ADR | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
How much do DEM and GUNR overlap?
DEM and GUNR overlap by 2.3% of portfolio weight. They share 13 holdings (DEM holds 533 positions and GUNR holds 148), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DEM and GUNR?
The two portfolios are 2.3% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of DEM and GUNR?
The largest positions held by both funds are ARAMCSAR, SAFCOSAR, PKN, KLBN11 and Charoen Pokphand Foods PCL THB1 (NVDR). Together the top 10 shared positions account for 100% of the total overlap.
What does DEM own that GUNR doesn't?
520 positions (93.5% of DEM) are unique to DEM, led by C6T, ICK and 2454. In the other direction, 135 positions (96.7% of GUNR) are unique to GUNR.