GNR vs XOP: Holdings Overlap
GNRState Street® SPDR® S&P® Global Natural Resources ETF
State Street (SPDR) · 94 holdings · $4.8B · as of 2026-08-06
XOPState Street® SPDR® S&P® Oil & Gas Exploration & Production ETF
State Street (SPDR) · 52 holdings · $3.6B · as of 2026-08-06
How similar are GNR and XOP?
State Street® SPDR® S&P® Global Natural Resources ETF (GNR, by State Street (SPDR)) holds 94 positions; State Street® SPDR® S&P® Oil & Gas Exploration & Production ETF (XOP, by State Street (SPDR)) holds 52. They have 12 holdings in common, and by portfolio weight the two funds are 9.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 9.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 12GNR holds 94 · XOP holds 52
- Weight in Shared Holdings
- GNR 12%·XOP 28%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 (87.5% of the fund) are not held by XOP. Showing the top 30 by weight.
Only in XOP
40 of 52 positions (71.6% of the fund) are not held by GNR. Showing the top 30 by weight.
Sector Breakdown
| Sector | GNR | XOP |
|---|---|---|
| Energy | 32.0% | 99.5% |
| Materials | 57.3% | 0.0% |
| Consumer Staples | 3.6% | 0.0% |
| Real Estate | 1.0% | 0.0% |
| Other Sectors | 0.0% | 0.0% |
| Unclassified | 5.5% | 0.4% |
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 XOP).
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% |
| XOP | +5.7% | +33.0% | +39.0% | +7.2% | +18.0% | +3.7% | 1.95% |
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 XOP →
Shared Holdings(12)
The top 10 shared positions account for 98% of the overlap, led by XOM, CVX and COP.
 XOMEXXONMOBIL HOLDINGS CORP | 4.66% | 2.58% | 2.58% |
|---|---|---|---|
 CVXChevron Corp. COM | 2.56% | 2.50% | 2.50% |
 COPConocoPhillips COM | 1.03% | 2.45% | 1.03% |
 VLOValero Energy Corp. COM | 0.66% | 2.95% | 0.66% |
 MPCMarathon Petroleum Corp. COM | 0.63% | 2.86% | 0.63% |
 PSXPhillips 66 COM | 0.59% | 2.84% | 0.59% |
 EOGEOG Resources Inc. COM | 0.53% | 2.44% | 0.53% |
 DVNDevon Energy Corporation COM | 0.36% | 2.32% | 0.36% |
 OXYOccidental Petroleum Corp. COM | 0.29% | 2.47% | 0.29% |
 FANGDiamondback Energy Inc COM | 0.26% | 2.42% | 0.26% |
 EQTEQT Corporation COM | 0.23% | 2.46% | 0.23% |
 IXPU6XAE ENERGY SEP26 | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
How much do GNR and XOP overlap?
GNR and XOP overlap by 9.7% of portfolio weight. They share 12 holdings (GNR holds 94 positions and XOP holds 52), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GNR and XOP?
The two portfolios are 9.7% 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 XOP?
The largest positions held by both funds are XOM, CVX, COP, VLO and MPC. Together the top 10 shared positions account for 98% of the total overlap.
What does GNR own that XOP doesn't?
82 positions (87.5% of GNR) are unique to GNR, led by BHP, NTR and SHEL. In the other direction, 40 positions (71.6% of XOP) are unique to XOP.