GNR vs LVHI: Holdings Overlap
GNRState Street® SPDR® S&P® Global Natural Resources ETF
State Street (SPDR) · 94 holdings · $4.8B · as of 2026-08-06
LVHIFranklin International Low Volatility High Dividend Index ETF
Franklin Templeton · 192 holdings · $5.5B · as of 2026-03-31
Holdings snapshots are 128 days apart (GNR: 2026-08-06, LVHI: 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 LVHI?
State Street® SPDR® S&P® Global Natural Resources ETF (GNR, by State Street (SPDR)) holds 94 positions; Franklin International Low Volatility High Dividend Index ETF (LVHI, by Franklin Templeton) holds 192. They have 12 holdings in common, and by portfolio weight the two funds are 12.2% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 12.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 12GNR holds 94 · LVHI holds 192
- Weight in Shared Holdings
- GNR 21%·LVHI 15%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
82 of 94 positions (78.2% of the fund) are not held by LVHI. Showing the top 30 by weight.
Only in LVHI
180 of 192 positions (81.7% of the fund) are not held by GNR. Showing the top 30 by weight.
Sector Breakdown
| Sector | GNR | LVHI |
|---|---|---|
| Materials | 57.3% | 5.5% |
| Energy | 32.0% | 16.8% |
| Financials | 0.0% | 21.6% |
| Industrials | 0.0% | 10.2% |
| Utilities | 0.0% | 9.6% |
| Other Sectors | 4.6% | 27.3% |
| Unclassified | 5.5% | 5.8% |
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, 6% of LVHI).
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% |
| LVHI | +4.0% | +18.9% | +33.8% | +23.2% | +16.9% | +11.5% | 4.49% |
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 LVHI →
Shared Holdings(12)
The top 10 shared positions account for 99% of the overlap, led by SHEL, TTE and BHP.
 SHELShell PLC ORD EUR0.07 | 4.37% | 2.80% | 2.80% |
|---|---|---|---|
 TTETotalEnergies SE EUR2.5 | 3.01% | 1.92% | 1.92% |
 BHPBHP Group Ltd. NPV | 5.32% | 1.86% | 1.86% |
 CNQCanadian Natural Resources Limited COM NPV | 1.63% | 2.94% | 1.63% |
 SUSuncor Energy Inc. COM NPV 'NEW' | 1.27% | 2.34% | 1.27% |
 WDSWoodside Energy Group Ltd. NPV | 0.73% | 0.69% | 0.69% |
 EQNREquinor ASA NOK2.50 | 0.56% | 0.74% | 0.56% |
 REPRepsol SA EUR1 | 0.56% | 0.68% | 0.56% |
 FMGFortescue Ltd. NPV | 0.52% | 0.65% | 0.52% |
 NHYNorsk Hydro ASA NOK1.098 | 0.29% | 0.24% | 0.24% |
 F34Wilmar International Ltd. NPV | 1.56% | 0.10% | 0.10% |
 SCA-BSvenska Cellulosa Aktiebolaget SCA (publ) SER'B'NPV | 1.31% | 0.06% | 0.06% |
Frequently Asked Questions
How much do GNR and LVHI overlap?
GNR and LVHI overlap by 12.2% of portfolio weight. They share 12 holdings (GNR holds 94 positions and LVHI holds 192), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GNR and LVHI?
The two portfolios are 12.2% 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 LVHI?
The largest positions held by both funds are SHEL, TTE, BHP, CNQ and SU. Together the top 10 shared positions account for 99% of the total overlap.
What does GNR own that LVHI doesn't?
82 positions (78.2% of GNR) are unique to GNR, led by NTR, XOM and NEM. In the other direction, 180 positions (81.7% of LVHI) are unique to LVHI.