GNR vs XLP: Holdings Overlap
GNRState Street® SPDR® S&P® Global Natural Resources ETF
State Street (SPDR) · 94 holdings · $4.8B · as of 2026-08-06
XLPState Street® Consumer Staples Select Sector SPDR® ETF
State Street (SPDR) · 34 holdings · $14.7B · as of 2026-08-06
How similar are GNR and XLP?
State Street® SPDR® S&P® Global Natural Resources ETF (GNR, by State Street (SPDR)) holds 94 positions; State Street® Consumer Staples Select Sector SPDR® ETF (XLP, by State Street (SPDR)) holds 34. They have 2 holdings in common, and by portfolio weight the two funds are 2.8% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 2GNR holds 94 · XLP holds 34
- Weight in Shared Holdings
- GNR 3%·XLP 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
92 of 94 positions (96.6% of the fund) are not held by XLP. Showing the top 30 by weight.
Only in XLP
32 of 34 positions (96.5% of the fund) are not held by GNR. Showing the top 30 by weight.
Sector Breakdown
| Sector | GNR | XLP |
|---|---|---|
| Consumer Staples | 3.6% | 99.8% |
| Materials | 57.3% | 0.0% |
| Energy | 32.0% | 0.0% |
| Real Estate | 1.0% | 0.0% |
| Other Sectors | 0.0% | 0.0% |
| 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 XLP).
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% |
| XLP | +0.3% | +11.0% | +6.4% | +7.1% | +6.5% | +7.4% | 2.58% |
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 XLP →
Shared Holdings(2)
 ADMArcher-Daniels-Midland Co. COM | 1.97% | 2.37% | 1.97% |
|---|---|---|---|
 BGBunge Global SA COM SHS | 0.78% | 0.94% | 0.78% |
Frequently Asked Questions
How much do GNR and XLP overlap?
GNR and XLP overlap by 2.8% of portfolio weight. They share 2 holdings (GNR holds 94 positions and XLP holds 34), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GNR and XLP?
The two portfolios are 2.8% 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 XLP?
The largest positions held by both funds are ADM and BG. Together the top 2 shared positions account for 100% of the total overlap.
What does GNR own that XLP doesn't?
92 positions (96.6% of GNR) are unique to GNR, led by BHP, NTR and XOM. In the other direction, 32 positions (96.5% of XLP) are unique to XLP.