GUNR vs SCZ: Holdings Overlap
GUNRFlexShares Morningstar Global Upstream Natural Resources Index Fund
FlexShares · 148 holdings · $7.2B · as of 2026-04-30
SCZiShares MSCI EAFE Small-Cap ETF
iShares · 2044 holdings · $13.5B · as of 2026-04-30
How similar are GUNR and SCZ?
FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR, by FlexShares) holds 148 positions; iShares MSCI EAFE Small-Cap ETF (SCZ, by iShares) holds 2044. They have 6 holdings in common, and by portfolio weight the two funds are 0.5% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 6GUNR holds 148 · SCZ holds 2044
- Weight in Shared Holdings
- GUNR 2%·SCZ 1%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
142 of 148 positions (98.0% of the fund) are not held by SCZ. Showing the top 30 by weight.
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% |
| SCZ | +4.1% | +13.5% | +20.2% | +16.6% | +5.9% | +8.6% | 3.07% |
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 SCZ →
Shared Holdings(6)
The top 6 shared positions account for 100% of the overlap, led by MNDI, 3861 and PNN.
Frequently Asked Questions
How much do GUNR and SCZ overlap?
GUNR and SCZ overlap by 0.5% of portfolio weight. They share 6 holdings (GUNR holds 148 positions and SCZ holds 2044), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GUNR and SCZ?
The two portfolios are 0.5% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of GUNR and SCZ?
The largest positions held by both funds are MNDI, 3861, PNN, SDF and BAKKA. Together the top 6 shared positions account for 100% of the total overlap.
What does GUNR own that SCZ doesn't?
142 positions (98.0% of GUNR) are unique to GUNR, led by CTVA, XOM and NTR. In the other direction, 2038 positions (98.8% of SCZ) are unique to SCZ.