EWU vs GNR: Holdings Overlap
EWUiShares MSCI United Kingdom ETF
iShares · 74 holdings · $4.1B · as of 2026-05-31
GNRState Street® SPDR® S&P® Global Natural Resources ETF
State Street (SPDR) · 94 holdings · $4.8B · as of 2026-08-06
Holdings snapshots are 67 days apart (EWU: 2026-05-31, GNR: 2026-08-06). 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 EWU and GNR?
iShares MSCI United Kingdom ETF (EWU, by iShares) holds 74 positions; State Street® SPDR® S&P® Global Natural Resources ETF (GNR, by State Street (SPDR)) holds 94. They have 5 holdings in common, and by portfolio weight the two funds are 10.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 10.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 5EWU holds 74 · GNR holds 94
- Weight in Shared Holdings
- EWU 16%·GNR 10%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 EWU
69 of 74 positions (83.5% of the fund) are not held by GNR. Showing the top 30 by weight.
Sector Breakdown
| Sector | EWU | GNR |
|---|---|---|
| Materials | 9.0% | 57.3% |
| Energy | 11.0% | 32.0% |
| Financials | 25.1% | 0.0% |
| Consumer Staples | 15.1% | 3.6% |
| Industrials | 13.0% | 0.0% |
| Other Sectors | 23.7% | 1.0% |
| Unclassified | 2.4% | 5.5% |
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 (2% of EWU, 6% of GNR).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EWU | +3.2% | +12.2% | +24.2% | +18.7% | +12.2% | +8.6% | 3.07% |
| GNR | +9.0% | +20.6% | +37.3% | +13.2% | +11.1% | +10.4% | 2.46% |
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 EWU vs GNR →
Shared Holdings(5)
The top 5 shared positions account for 100% of the overlap, led by SHEL, BP- and GLENPEN.
Frequently Asked Questions
How much do EWU and GNR overlap?
EWU and GNR overlap by 10.0% of portfolio weight. They share 5 holdings (EWU holds 74 positions and GNR holds 94), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EWU and GNR?
The two portfolios are 10.0% 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 EWU and GNR?
The largest positions held by both funds are SHEL, BP-, GLENPEN, AAL and ANTO. Together the top 5 shared positions account for 100% of the total overlap.
What does EWU own that GNR doesn't?
69 positions (83.5% of EWU) are unique to EWU, led by HSBA, AZN and RR-. In the other direction, 89 positions (89.4% of GNR) are unique to GNR.