EFA vs GUNR: Holdings Overlap
iShares · 705 holdings · $79.3B · as of 2026-04-30
GUNRFlexShares Morningstar Global Upstream Natural Resources Index Fund
FlexShares · 148 holdings · $7.2B · as of 2026-04-30
How similar are EFA and GUNR?
iShares MSCI EAFE ETF (EFA, by iShares) holds 705 positions; FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR, by FlexShares) holds 148. They have 28 holdings in common, and by portfolio weight the two funds are 6.5% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 28EFA holds 705 · GUNR holds 148
- Weight in Shared Holdings
- EFA 6%·GUNR 30%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 EFA
677 of 705 positions (92.8% of the fund) are not held by GUNR. Showing the top 30 by weight.
Sector Breakdown
| Sector | EFA | GUNR |
|---|---|---|
| Materials | 5.8% | 43.0% |
| Energy | 3.9% | 32.2% |
| Financials | 23.8% | 0.0% |
| Industrials | 18.5% | 0.6% |
| Health Care | 9.7% | 0.0% |
| Other Sectors | 32.0% | 13.5% |
| Unclassified | 5.5% | 10.6% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (6% of EFA, 11% of GUNR).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EFA | +4.2% | +14.8% | +25.0% | +17.9% | +9.6% | +9.7% | 3.10% |
| 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 EFA vs GUNR →
Shared Holdings(28)
The top 10 shared positions account for 82% of the overlap, led by SHEL, BHP and TTE.
 SHELShell PLC | 1.19% | 3.89% | 1.19% |
|---|---|---|---|
 BHPBHP Group Ltd. | 0.93% | 4.16% | 0.93% |
 TTETotalEnergies SE EUR2.5 | 0.85% | 2.87% | 0.85% |
 BP-BP plc | 0.57% | 1.81% | 0.57% |
 RIORio Tinto PLC | 0.52% | 2.24% | 0.52% |
 GLENPENGlencore PLC | 0.36% | 1.48% | 0.36% |
 ENIEni SpA | 0.27% | 0.84% | 0.27% |
 AALAnglo American PLC | 0.26% | 1.17% | 0.26% |
 WDSWoodside Energy Group Ltd. | 0.21% | 0.66% | 0.21% |
 EQNREquinor ASA | 0.14% | 0.43% | 0.14% |
 REPRepsol SA | 0.14% | 0.43% | 0.14% |
 FMGFortescue Ltd. | 0.11% | 0.48% | 0.11% |
 1605Inpex Corp. NPV | 0.11% | 0.35% | 0.11% |
 NSTNorthern Star Resources Ltd. | 0.10% | 0.49% | 0.10% |
 ANTOAntofagasta PLC | 0.09% | 0.37% | 0.09% |
 STOSantos Ltd. | 0.09% | 0.25% | 0.09% |
 EVNEvolution Mining Ltd. | 0.08% | 0.39% | 0.08% |
 UPMUPM-Kymmene Oyj | 0.07% | 0.88% | 0.07% |
 BOLBoliden AB | 0.07% | 0.33% | 0.07% |
 UU-United Utilities Group PLC | 0.06% | 0.86% | 0.06% |
 SVTSevern Trent PLC | 0.06% | 0.75% | 0.06% |
 MOWIMowi ASA | 0.05% | 1.43% | 0.05% |
 YARYara International ASA | 0.04% | 1.27% | 0.04% |
 SCABSvenska Cellulosa AB SCA, Class B | 0.03% | 0.32% | 0.03% |
 STERVStora Enso OYJ, Class R | 0.03% | 0.39% | 0.03% |
Frequently Asked Questions
How much do EFA and GUNR overlap?
EFA and GUNR overlap by 6.5% of portfolio weight. They share 28 holdings (EFA holds 705 positions and GUNR holds 148), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EFA and GUNR?
The two portfolios are 6.5% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of EFA and GUNR?
The largest positions held by both funds are SHEL, BHP, TTE, BP- and RIO. Together the top 10 shared positions account for 82% of the total overlap.
What does EFA own that GUNR doesn't?
677 positions (92.8% of EFA) are unique to EFA, led by ASML, HSBA and AZN. In the other direction, 120 positions (70.0% of GUNR) are unique to GUNR.