GUNR vs IXUS: Holdings Overlap
GUNRFlexShares Morningstar Global Upstream Natural Resources Index Fund
FlexShares · 148 holdings · $7.2B · as of 2026-04-30
IXUSiShares Core MSCI Total International Stock ETF
iShares · 4190 holdings · $59.9B · as of 2026-04-30
How similar are GUNR and IXUS?
FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR, by FlexShares) holds 148 positions; iShares Core MSCI Total International Stock ETF (IXUS, by iShares) holds 4190. They have 86 holdings in common, and by portfolio weight the two funds are 6.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 86GUNR holds 148 · IXUS holds 4190
- Weight in Shared Holdings
- GUNR 64%·IXUS 6%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 GUNR
62 of 148 positions (35.6% of the fund) are not held by IXUS. Showing the top 30 by weight.
Sector Breakdown
| Sector | GUNR | IXUS |
|---|---|---|
| Materials | 43.0% | 5.6% |
| Energy | 32.2% | 4.2% |
| Financials | 0.0% | 18.7% |
| Information Technology | 0.0% | 15.2% |
| Industrials | 0.6% | 10.9% |
| Other Sectors | 13.5% | 23.1% |
| Unclassified | 10.6% | 21.9% |
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 (11% of GUNR, 22% of IXUS).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| GUNR | +6.1% | +16.9% | +32.8% | +11.8% | +10.9% | +10.3% | 2.30% |
| IXUS | +3.0% | +16.5% | +27.9% | +19.1% | +9.2% | +9.7% | 2.88% |
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 GUNR vs IXUS →
Shared Holdings(86)
The top 10 shared positions account for 50% of the overlap, led by SHEL, BHP and TTE.
 SHELShell plc | 3.89% | 0.61% | 0.61% |
|---|---|---|---|
 BHPBHP Group Ltd. | 4.16% | 0.47% | 0.47% |
 TTETotalEnergies SE EUR2.5 | 2.87% | 0.43% | 0.43% |
 BP-BP plc | 1.81% | 0.29% | 0.29% |
 RIORio Tinto plc | 2.24% | 0.26% | 0.26% |
 CNQCanadian Natural Resources Ltd. | 1.46% | 0.23% | 0.23% |
 AEMAgnico Eagle Mines Ltd. | 1.99% | 0.22% | 0.22% |
 SUSuncor Energy, Inc. | 1.28% | 0.19% | 0.19% |
 GLENPENGlencore plc | 1.48% | 0.18% | 0.18% |
 ABXBarrick Mining Corp. | 1.37% | 0.15% | 0.15% |
 VALE3Vale SA | 1.25% | 0.14% | 0.14% |
 ENIEni SpA | 0.84% | 0.14% | 0.14% |
 WPMWheaton Precious Metals Corp. | 1.19% | 0.13% | 0.13% |
 AALAnglo American plc | 1.17% | 0.13% | 0.13% |
 CCJCameco Corp. | 0.98% | 0.13% | 0.13% |
 WDSWoodside Energy Group Ltd. | 0.66% | 0.11% | 0.11% |
 PETR4Petroleo Brasileiro SA - Petrobras (Preference) | 0.66% | 0.11% | 0.11% |
 FNVFranco-Nevada Corp. | 0.85% | 0.10% | 0.10% |
 ARAMCSARSaudi Arabian Oil Co. | 0.62% | 0.10% | 0.10% |
 CVECenovus Energy, Inc. | 0.61% | 0.10% | 0.10% |
 GFIGold Fields Ltd. | 0.82% | 0.09% | 0.09% |
 KUSDKinross Gold Corp. | 0.78% | 0.09% | 0.09% |
 NTRNutrien Ltd. | 4.83% | 0.09% | 0.09% |
 GMEXICOBGrupo Mexico SAB de CV, Series B | 0.76% | 0.08% | 0.08% |
 PC6PetroChina Co. Ltd., Class H | 0.46% | 0.08% | 0.08% |
Frequently Asked Questions
How much do GUNR and IXUS overlap?
GUNR and IXUS overlap by 6.1% of portfolio weight. They share 86 holdings (GUNR holds 148 positions and IXUS holds 4190), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GUNR and IXUS?
The two portfolios are 6.1% 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 GUNR and IXUS?
The largest positions held by both funds are SHEL, BHP, TTE, BP- and RIO. Together the top 10 shared positions account for 50% of the total overlap.
What does GUNR own that IXUS doesn't?
62 positions (35.6% of GUNR) are unique to GUNR, led by CTVA, XOM and CVX. In the other direction, 4104 positions (93.5% of IXUS) are unique to IXUS.