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GNR is a passive equity ETF built to track the S&P Global Natural Resources Index by holding a portfolio that aims to mirror the index’s risk/return profile (often through sampling, not necessarily every stock). It targets natural-resources-linked companies across three buckets—energy, metals & mining, and agriculture—then applies index rules like regional caps (U.S. capped at 40%, emerging markets capped at 15%) and a 5% max per stock, with an annual rebalance.
You’re buying shares of real companies around the world that produce or support energy, metals/mining, and agriculture. It’s not a fund of commodities themselves—you own the stocks of the businesses tied to those commodities.
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Natural Resources
Showing the largest holdings by weight in GNR
| Logo | Ticker | ETF Weight | Market Value | |
|---|---|---|---|---|
| SHELL PLC | SHELL PLC | 5.17% | $255.3M | |
XO | XOM EXXON MOBIL CORP | EXXON MOBIL CORP | 5.02% | $247.8M |
BH | BHP.AX BHP GROUP LTD | BHP GROUP LTD | 4.42% | $218.3M |
NT | NTR.TO NUTRIEN LTD | NUTRIEN LTD | 4.41% | $217.4M |
| TOTALENERGIES SE | TOTALENERGIES SE | 3.63% | $179.2M | |
NE | NEM NEWMONT CORP | NEWMONT CORP | 2.94% | $144.9M |
| UPM KYMMENE OYJ | UPM KYMMENE OYJ | 2.85% | $140.5M | |
CV | CVX CHEVRON CORP | CHEVRON CORP | 2.77% | $136.8M |
CT | CTVA CORTEVA INC | CORTEVA INC | 2.61% | $128.7M |
AE | AEM.TO AGNICO EAGLE MINES LTD | AGNICO EAGLE MINES LTD | 2.46% | $121.3M |
Breakdown of GNR by sector weightings (%)
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Top countries by weight (%)
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