IXC vs GNR: Holdings Overlap
iShares · 60 holdings · $2.8B · as of 2026-03-31
GNRState Street® SPDR® S&P® Global Natural Resources ETF
State Street (SPDR) · 94 holdings · $4.8B · as of 2026-08-06
Holdings snapshots are 128 days apart (IXC: 2026-03-31, GNR: 2026-08-06). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are IXC and GNR?
iShares Global Energy ETF (IXC, by iShares) holds 60 positions; State Street® SPDR® S&P® Global Natural Resources ETF (GNR, by State Street (SPDR)) holds 94. They have 27 holdings in common, and by portfolio weight the two funds are 25.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 25.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 27IXC holds 60 · GNR holds 94
- Weight in Shared Holdings
- IXC 60%·GNR 26%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 IXC
33 of 60 positions (40.0% of the fund) are not held by GNR. Showing the top 30 by weight.
Sector Breakdown
| Sector | IXC | GNR |
|---|---|---|
| Energy | 99.6% | 32.0% |
| Materials | 0.0% | 57.3% |
| Consumer Staples | 0.0% | 3.6% |
| Real Estate | 0.2% | 1.0% |
| Communication Services | 0.0% | 0.0% |
| Other Sectors | 0.0% | 0.0% |
| Unclassified | 0.0% | 5.5% |
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 (0% of IXC, 6% of GNR).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IXC | +5.9% | +29.6% | +39.8% | +15.2% | +21.2% | +9.8% | 2.93% |
| GNR | +9.0% | +20.6% | +37.3% | +13.2% | +11.1% | +10.4% | 2.46% |
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 IXC vs GNR →
Shared Holdings(27)
The top 10 shared positions account for 71% of the overlap, led by SHEL, TTE and CVX.
 SHELShell PLC ORD EUR0.07 | 7.00% | 4.37% | 4.37% |
|---|---|---|---|
 TTETotalEnergies SE EUR2.5 | 4.96% | 3.01% | 3.01% |
 CVXChevron Corp. COM | 10.32% | 2.56% | 2.56% |
 BP-BP plc | 3.27% | 1.89% | 1.89% |
 CNQCanadian Natural Resources Limited COM NPV | 2.70% | 1.63% | 1.63% |
 SUSuncor Energy Inc. COM NPV 'NEW' | 2.09% | 1.27% | 1.27% |
 COPConocoPhillips COM | 4.30% | 1.03% | 1.03% |
 ENIEni SpA | 1.57% | 0.97% | 0.97% |
 WDSWoodside Energy Group Ltd | 1.20% | 0.73% | 0.73% |
 CCJCameco Corp. | 1.26% | 0.71% | 0.71% |
 VLOValero Energy Corp. COM | 2.01% | 0.66% | 0.66% |
 CVECenovus Energy, Inc. | 0.96% | 0.66% | 0.66% |
 MPCMarathon Petroleum Corp. COM | 1.92% | 0.63% | 0.63% |
 PSXPhillips 66 COM | 1.95% | 0.59% | 0.59% |
 PBRPetroleo Brasileiro SA - Petrobras | 1.03% | 0.59% | 0.59% |
 EQNREquinor ASA NOK2.50 | 0.96% | 0.56% | 0.56% |
 REPRepsol SA EUR1 | 0.83% | 0.56% | 0.56% |
 SLBSLB Ltd. COM USD0.01 | 2.04% | 0.55% | 0.55% |
 EOGEOG Resources Inc. COM | 2.09% | 0.53% | 0.53% |
 BKRBaker Hughes Co., Class A | 1.61% | 0.44% | 0.44% |
 DVNDevon Energy Corporation COM | 0.83% | 0.36% | 0.36% |
 IMOImperial Oil Ltd. | 0.52% | 0.33% | 0.33% |
 OXYOccidental Petroleum Corp. COM | 1.24% | 0.29% | 0.29% |
 FANGDiamondback Energy Inc COM | 1.02% | 0.26% | 0.26% |
 EQTEQT Corporation COM | 1.06% | 0.23% | 0.23% |
Frequently Asked Questions
How much do IXC and GNR overlap?
IXC and GNR overlap by 25.7% of portfolio weight. They share 27 holdings (IXC holds 60 positions and GNR holds 94), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IXC and GNR?
The two portfolios are 25.7% 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 IXC and GNR?
The largest positions held by both funds are SHEL, TTE, CVX, BP- and CNQ. Together the top 10 shared positions account for 71% of the total overlap.
What does IXC own that GNR doesn't?
33 positions (40.0% of IXC) are unique to IXC, led by XOM, ENB and WMB. In the other direction, 67 positions (73.6% of GNR) are unique to GNR.