GNR vs IEFA: Holdings Overlap
GNRState Street® SPDR® S&P® Global Natural Resources ETF
State Street (SPDR) · 94 holdings · $4.8B · as of 2026-08-06
IEFAiShares Core MSCI EAFE ETF
iShares · 2632 holdings · $193.5B · as of 2026-04-30
Holdings snapshots are 98 days apart (GNR: 2026-08-06, IEFA: 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 GNR and IEFA?
State Street® SPDR® S&P® Global Natural Resources ETF (GNR, by State Street (SPDR)) holds 94 positions; iShares Core MSCI EAFE ETF (IEFA, by iShares) holds 2632. They have 26 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
- 26GNR holds 94 · IEFA holds 2632
- Weight in Shared Holdings
- GNR 37%·IEFA 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
68 of 94 positions (62.1% of the fund) are not held by IEFA. Showing the top 30 by weight.
Sector Breakdown
| Sector | GNR | IEFA |
|---|---|---|
| Materials | 57.3% | 5.4% |
| Energy | 32.0% | 3.4% |
| Financials | 0.0% | 20.5% |
| Industrials | 0.0% | 16.0% |
| Health Care | 0.0% | 8.3% |
| Other Sectors | 4.6% | 28.7% |
| Unclassified | 5.5% | 17.0% |
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, 17% of IEFA).
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% |
| IEFA | +4.2% | +14.8% | +24.5% | +17.9% | +9.3% | +9.8% | 3.25% |
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 IEFA →
Shared Holdings(26)
The top 10 shared positions account for 83% of the overlap, led by SHEL, BHP and TTE.
 SHELShell PLC | 4.37% | 1.02% | 1.02% |
|---|---|---|---|
 BHPBHP Group Ltd. | 5.32% | 0.79% | 0.79% |
 TTETotalEnergies SE EUR2.5 | 3.01% | 0.73% | 0.73% |
 BP-BP plc | 1.89% | 0.49% | 0.49% |
 GLENGlencore PLC | 1.74% | 0.30% | 0.30% |
 ENIEni SpA | 0.97% | 0.23% | 0.23% |
 AALAnglo American PLC | 1.52% | 0.22% | 0.22% |
 WDSWoodside Energy Group Ltd | 0.73% | 0.18% | 0.18% |
 RIORio Tinto Ltd. | 1.11% | 0.18% | 0.18% |
 EQNREquinor ASA | 0.56% | 0.12% | 0.12% |
 REPRepsol SA | 0.56% | 0.12% | 0.12% |
 MTArcelorMittal SA | 0.75% | 0.10% | 0.10% |
 FMGFortescue Ltd | 0.52% | 0.10% | 0.10% |
 NSTNorthern Star Resources Ltd. | 0.54% | 0.08% | 0.08% |
 ANTOAntofagasta PLC | 0.44% | 0.08% | 0.08% |
 5401Nippon Steel Corp. NPV | 0.56% | 0.07% | 0.07% |
 UPMUPM-Kymmene Oyj | 2.75% | 0.06% | 0.06% |
 NHYNorsk Hydro ASA | 0.29% | 0.06% | 0.06% |
 YARYara International ASA | 1.39% | 0.04% | 0.04% |
 SCA-BSvenska Cellulosa AB SCA, Class B | 1.31% | 0.03% | 0.03% |
 STERVStora Enso OYJ, Class R | 1.33% | 0.03% | 0.03% |
 F34Wilmar International Ltd | 1.56% | 0.02% | 0.02% |
 SIGNSIG Group AG | 1.26% | 0.02% | 0.02% |
 MNDIMondi PLC | 1.04% | 0.02% | 0.02% |
 ICLICL Group Ltd | 0.73% | 0.02% | 0.02% |
Frequently Asked Questions
How much do GNR and IEFA overlap?
GNR and IEFA overlap by 5.1% of portfolio weight. They share 26 holdings (GNR holds 94 positions and IEFA holds 2632), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GNR and IEFA?
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 IEFA?
The largest positions held by both funds are SHEL, BHP, TTE, BP- and GLEN. Together the top 10 shared positions account for 83% of the total overlap.
What does GNR own that IEFA doesn't?
68 positions (62.1% of GNR) are unique to GNR, led by NTR, XOM and NEM. In the other direction, 2606 positions (94.3% of IEFA) are unique to IEFA.