GUNR vs VXUS: Holdings Overlap
GUNRFlexShares Morningstar Global Upstream Natural Resources Index Fund
FlexShares · 148 holdings · $7.2B · as of 2026-04-30
VXUSVanguard Total International Stock Index Fund
Vanguard · 8752 holdings · $161.3B · as of 2026-04-30
How similar are GUNR and VXUS?
FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR, by FlexShares) holds 148 positions; Vanguard Total International Stock Index Fund (VXUS, by Vanguard) holds 8752. They have 93 holdings in common, and by portfolio weight the two funds are 5.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 5.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 93GUNR holds 148 · VXUS holds 8752
- Weight in Shared Holdings
- GUNR 64%·VXUS 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
55 of 148 positions (35.4% of the fund) are not held by VXUS. Showing the top 30 by weight.
Sector Breakdown
| Sector | GUNR | VXUS |
|---|---|---|
| Materials | 43.0% | 5.3% |
| Energy | 32.2% | 4.1% |
| Financials | 0.0% | 18.3% |
| Information Technology | 0.0% | 14.7% |
| Industrials | 0.6% | 10.7% |
| Other Sectors | 13.5% | 22.1% |
| Unclassified | 10.6% | 23.6% |
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, 24% of VXUS).
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% |
| VXUS | +3.0% | +16.2% | +27.8% | +18.9% | +9.3% | +9.7% | 2.51% |
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 VXUS →
Shared Holdings(93)
The top 10 shared positions account for 50% of the overlap, led by SHEL, BHP and TTE.
 SHELShell plc | 3.89% | 0.60% | 0.60% |
|---|---|---|---|
 BHPBHP Group Ltd. | 4.16% | 0.45% | 0.45% |
 TTETotalEnergies SE EUR2.5 | 2.87% | 0.39% | 0.39% |
 BP-BP plc | 1.81% | 0.29% | 0.29% |
 RIORio Tinto plc | 2.24% | 0.24% | 0.24% |
 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% | 0.19% | 0.19% |
 ABXBarrick Mining Corp. | 1.37% | 0.15% | 0.15% |
 VALE3Vale SA | 1.25% | 0.14% | 0.14% |
 WPMWheaton Precious Metals Corp. | 1.19% | 0.13% | 0.13% |
 CCJCameco Corp. | 0.98% | 0.12% | 0.12% |
 ENIEni SpA | 0.84% | 0.12% | 0.12% |
 AALAnglo American plc | 1.17% | 0.12% | 0.12% |
 WDSWoodside Energy Group Ltd. | 0.66% | 0.11% | 0.11% |
 PETR4Petroleo Brasileiro SA - Petrobras (Preference) | 0.66% | 0.10% | 0.10% |
 ARAMCSARSaudi Arabian Oil Co. | 0.62% | 0.10% | 0.10% |
 FNVFranco-Nevada Corp. | 0.85% | 0.10% | 0.10% |
 CVECenovus Energy, Inc. | 0.61% | 0.09% | 0.09% |
 GFIGold Fields Ltd. | 0.82% | 0.09% | 0.09% |
 NTRNutrien Ltd. | 4.83% | 0.09% | 0.09% |
 KUSDKinross Gold Corp. | 0.78% | 0.09% | 0.09% |
 PC6PetroChina Co. Ltd., Class H | 0.46% | 0.07% | 0.07% |
 GMEXICOBGrupo Mexico SAB de CV, Series B | 0.76% | 0.07% | 0.07% |
Frequently Asked Questions
How much do GUNR and VXUS overlap?
GUNR and VXUS overlap by 5.9% of portfolio weight. They share 93 holdings (GUNR holds 148 positions and VXUS holds 8752), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GUNR and VXUS?
The two portfolios are 5.9% 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 VXUS?
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 VXUS doesn't?
55 positions (35.4% of GUNR) are unique to GUNR, led by CTVA, XOM and CVX. In the other direction, 8659 positions (92.9% of VXUS) are unique to VXUS.