GNR vs IVV: Holdings Overlap
GNRState Street® SPDR® S&P® Global Natural Resources ETF
State Street (SPDR) · 94 holdings · $4.8B · as of 2026-08-06
iShares · 503 holdings · $901.0B · as of 2026-03-31
Holdings snapshots are 128 days apart (GNR: 2026-08-06, IVV: 2026-03-31). 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 IVV?
State Street® SPDR® S&P® Global Natural Resources ETF (GNR, by State Street (SPDR)) holds 94 positions; iShares Core S&P 500 ETF (IVV, by iShares) holds 503. They have 28 holdings in common, and by portfolio weight the two funds are 3.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 28GNR holds 94 · IVV holds 503
- Weight in Shared Holdings
- GNR 29%·IVV 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 GNR
66 of 94 positions (70.2% of the fund) are not held by IVV. Showing the top 30 by weight.
Sector Breakdown
| Sector | GNR | IVV |
|---|---|---|
| Materials | 57.3% | 2.1% |
| Information Technology | 0.0% | 32.6% |
| Energy | 32.0% | 4.0% |
| Financials | 0.0% | 12.6% |
| Communication Services | 0.0% | 10.5% |
| Other Sectors | 4.6% | 38.0% |
| Unclassified | 5.5% | 0.0% |
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, 0% of IVV).
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% |
| IVV | +3.4% | +14.0% | +23.7% | +21.3% | +13.4% | +15.4% | 1.05% |
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 IVV →
Shared Holdings(28)
The top 10 shared positions account for 70% of the overlap, led by CVX, COP and NEM.
 CVXChevron Corp. COM | 2.56% | 0.69% | 0.69% |
|---|---|---|---|
 COPConocoPhillips COM | 1.03% | 0.29% | 0.29% |
 NEMNewmont Corporation COM | 2.77% | 0.21% | 0.21% |
 FCXFreeport-McMoRan Inc. CL B | 2.36% | 0.15% | 0.15% |
 EOGEOG Resources Inc. COM | 0.53% | 0.14% | 0.14% |
 SLBSLB Ltd. COM USD0.01 | 0.55% | 0.14% | 0.14% |
 VLOValero Energy Corp. COM | 0.66% | 0.13% | 0.13% |
 PSXPhillips 66 COM | 0.59% | 0.13% | 0.13% |
 MPCMarathon Petroleum Corp. COM | 0.63% | 0.13% | 0.13% |
 BKRBaker Hughes Co., Class A | 0.44% | 0.11% | 0.11% |
 CTVACorteva Inc COM | 2.73% | 0.10% | 0.10% |
 OXYOccidental Petroleum Corp. COM | 0.29% | 0.08% | 0.08% |
 EQTEQT Corporation COM | 0.23% | 0.07% | 0.07% |
 NUENucor Corporation COM | 1.50% | 0.07% | 0.07% |
 FANGDiamondback Energy Inc COM | 0.26% | 0.07% | 0.07% |
 ADMArcher-Daniels-Midland Co. COM | 1.97% | 0.06% | 0.06% |
 HALHalliburton Company COM | 0.20% | 0.06% | 0.06% |
 DVNDevon Energy Corporation COM | 0.36% | 0.06% | 0.06% |
 STLDSteel Dynamics, Inc. COM | 0.87% | 0.04% | 0.04% |
 SWSmurfit WestRock plc COM USD0.001 | 1.29% | 0.04% | 0.04% |
 CFCF Industries Holdings, Inc. COM | 0.96% | 0.04% | 0.04% |
 PKGPackaging Corporation of America COM | 1.19% | 0.03% | 0.03% |
 IPInternational Paper Co. COM | 1.13% | 0.03% | 0.03% |
 AMCRAmcor PLC COM NEW | 1.15% | 0.03% | 0.03% |
 WYWeyerhaeuser Company COM NEW | 0.97% | 0.03% | 0.03% |
Frequently Asked Questions
How much do GNR and IVV overlap?
GNR and IVV overlap by 3.0% of portfolio weight. They share 28 holdings (GNR holds 94 positions and IVV holds 503), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GNR and IVV?
The two portfolios are 3.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of GNR and IVV?
The largest positions held by both funds are CVX, COP, NEM, FCX and EOG. Together the top 10 shared positions account for 70% of the total overlap.
What does GNR own that IVV doesn't?
66 positions (70.2% of GNR) are unique to GNR, led by BHP, NTR and XOM. In the other direction, 475 positions (96.8% of IVV) are unique to IVV.