GNR vs GSIE: Holdings Overlap
GNRState Street® SPDR® S&P® Global Natural Resources ETF
State Street (SPDR) · 94 holdings · $4.8B · as of 2026-08-06
GSIEGoldman Sachs ActiveBeta(R) International Equity ETF
Goldman Sachs · 657 holdings · $6.0B · as of 2026-05-31
Holdings snapshots are 67 days apart (GNR: 2026-08-06, GSIE: 2026-05-31). 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 GNR and GSIE?
State Street® SPDR® S&P® Global Natural Resources ETF (GNR, by State Street (SPDR)) holds 94 positions; Goldman Sachs ActiveBeta(R) International Equity ETF (GSIE, by Goldman Sachs) holds 657. They have 32 holdings in common, and by portfolio weight the two funds are 5.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 5.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 32GNR holds 94 · GSIE holds 657
- Weight in Shared Holdings
- GNR 48%·GSIE 5%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 GNR
62 of 94 positions (51.3% of the fund) are not held by GSIE. Showing the top 30 by weight.
Sector Breakdown
| Sector | GNR | GSIE |
|---|---|---|
| Materials | 57.3% | 5.6% |
| Energy | 32.0% | 4.0% |
| Financials | 0.0% | 24.0% |
| Industrials | 0.0% | 15.3% |
| Information Technology | 0.0% | 9.0% |
| Other Sectors | 4.6% | 26.4% |
| Unclassified | 5.5% | 15.0% |
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 GNR, 15% of GSIE).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| GNR | +9.0% | +20.6% | +37.3% | +13.2% | +11.1% | +10.4% | 2.46% |
| GSIE | +5.0% | +14.2% | +23.8% | +18.4% | +9.5% | +9.8% | 2.43% |
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 GNR vs GSIE →
Shared Holdings(32)
The top 10 shared positions account for 63% of the overlap, led by SHEL, BHP and TTE.
 SHELShell PLC | 4.37% | 0.61% | 0.61% |
|---|---|---|---|
 BHPBHP Group Ltd. | 5.32% | 0.50% | 0.50% |
 TTETotalEnergies SE EUR2.5 | 3.01% | 0.46% | 0.46% |
 BP-BP plc | 1.89% | 0.34% | 0.34% |
 SUSuncor Energy, Inc. | 1.27% | 0.30% | 0.30% |
 YARYara International ASA | 1.39% | 0.26% | 0.26% |
 ENIEni SpA | 0.97% | 0.21% | 0.21% |
 CVECenovus Energy, Inc. | 0.66% | 0.19% | 0.19% |
 KKinross Gold Corp. | 0.74% | 0.18% | 0.18% |
 AEMAgnico Eagle Mines Ltd. | 2.03% | 0.18% | 0.18% |
 GLENGlencore PLC | 1.74% | 0.15% | 0.15% |
 ABXBarrick Mining Corp. | 1.67% | 0.15% | 0.15% |
 REPRepsol SA | 0.56% | 0.15% | 0.15% |
 F34Wilmar International Ltd | 1.56% | 0.15% | 0.15% |
 NHYNorsk Hydro ASA | 0.29% | 0.13% | 0.13% |
 WPMWheaton Precious Metals Corp. | 1.37% | 0.12% | 0.12% |
 CNQCanadian Natural Resources Ltd. | 1.63% | 0.09% | 0.09% |
 CCOCameco Corp. | 0.71% | 0.09% | 0.09% |
 NTRNutrien Ltd. | 4.70% | 0.09% | 0.09% |
 RIORio Tinto Ltd. | 1.11% | 0.09% | 0.09% |
 IMOImperial Oil Ltd. | 0.33% | 0.08% | 0.08% |
 UPMUPM-Kymmene Oyj | 2.75% | 0.07% | 0.07% |
 FNVFranco-Nevada Corp. | 1.08% | 0.07% | 0.07% |
 5401Nippon Steel Corp. NPV | 0.56% | 0.07% | 0.07% |
 FMFirst Quantum Minerals Ltd. | 0.49% | 0.07% | 0.07% |
Frequently Asked Questions
How much do GNR and GSIE overlap?
GNR and GSIE overlap by 5.1% of portfolio weight. They share 32 holdings (GNR holds 94 positions and GSIE holds 657), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GNR and GSIE?
The two portfolios are 5.1% 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 GNR and GSIE?
The largest positions held by both funds are SHEL, BHP, TTE, BP- and SU. Together the top 10 shared positions account for 63% of the total overlap.
What does GNR own that GSIE doesn't?
62 positions (51.3% of GNR) are unique to GNR, led by XOM, NEM and CTVA. In the other direction, 625 positions (94.2% of GSIE) are unique to GSIE.