FlexShares Morningstar Global Upstream Natural Resources Index Fund
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- Description
- Performance
- Comps
Fundamentals
Valuation
Rating
FlexShares Morningstar Global Upstream Natural Resources Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the Morningstar Global Upstream Natural Resources Index. |
Category | Global Equities |
Fund Sponsor | Northern Trust Investments Inc |
Website | www.flexshares.com |
Inception date | Sep 16, 2011 |
Assets (mns) | $3,710 |
Currency | USD |
Expense ratio | 46 bp |
Distributions | Quarterly |
Regulation | Open-Ended Fund |
Custodian | JPMorgan Chase Bank |
Weighting | Tiered |
Index replication | Optimized |
Uses derivatives | No |
Options available | Yes |
No. of constituents | 120 |
Wgt avg mkt cap (mns) | $51,013 |
Large cap (>$10bn) | 78.3% |
Mid cap ($2-10bn) | 18.2% |
Small cap (<$2bn) | 0.4% |
Developed mkts | 84.3% |
Emerging mkts | 13.9% |
EXXON MOBIL CORP | 5.2 % |
CHEVRON CORP | 4.8 % |
ARCHER-DANIELS-MIDLAND CO | 3.7 % |
BHP BILLITON LTD | 3.7 % |
CORTEVA INC | 3.7 % |
NUTRIEN LTD. | 3.3 % |
RIO TINTO PLC | 3.3 % |
TOTAL SA | 2.6 % |
NEWMONT MINING CORP | 2.5 % |
BARRICK GOLD CORP | 2.3 % | Total | 35.1 % |
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UNITED STATES | 37.3 % |
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CANADA | 12.6 % |
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BRITAIN | 10.4 % |
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AUSTRALIA | 7.2 % |
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FRANCE | 3.6 % |
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RUSSIA | 3.5 % |
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NORWAY | 3.0 % |
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BRAZIL | 2.9 % |
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MALAYSIA | 1.9 % |
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JAPAN | 1.7 % |
HISTORICAL PERFORMANCE 

Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
0.4% | 0.4% | 10.9% | -- | 3.4% |
versus... | Beta | R-squared |
S&P500 | 1.10 | 81% |
MSCI EAFE | 1.16 | 89% |
MSCI Emg. Mkts. | 0.96 | 78% |
Recent close | $34.61 |
30d moving avg. | $33.68 |
Annualized volatility | 22.9% |
Short interest (ETF) | 0.4% |
Relative strength (RSI) | 58 |
Avg. volume (thou.) | 643 |
Turnover | 0.6% |
Bid/Ask (% of price) | 0.03% |
ADV underlying (mns) | $14,049 |
FINDING ALTERNATIVE FUNDS
Below is a list of 97 potential alternatives to the FlexShares Morningstar Global Upstream Natural Resources Index Fund ETF based on the alternatives' overlap in portfolio holdings with GUNR. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.
Benchmark ticker: | GUNR | Expense: | 46 bp | ALTAR Score™: | 5.1% |
Ticker | Fund Name |
Overlap1 vs GUNR (%) |
Expense ratio (bp) |
Savings vs GUNR (bp) |
ALTAR Score™ (%) |
ALTAR vs GUNR (%) |
GNR | SPDR S&P Global Natural Resources ETF | 51.1 | 40 | 6 | 5.2 | +0.1 |
HAP | VanEck Vectors Natural Resources ETF | 42.6 | 50 | -4 | 4.8 | -0.2 |
NANR | SPDR S&P North American Natural Resources ETF | 38.2 | 35 | 11 | 3.1 | -2.0 |
GRES | IQ Global Resources ETF | 35.3 | 78 | -32 | 5.6 | +0.5 |
MXI | iShares Global Materials ETF | 29.2 | 45 | 1 | 5.0 | -0.1 |
VEGI | iShares MSCI Global Agriculture Producers ETF | 25.9 | 39 | 7 | 4.4 | -0.7 |
FILL | iShares MSCI Global Energy Producers ETF | 25.7 | 39 | 7 | 5.6 | +0.5 |
IXC | iShares Global Energy ETF | 23.5 | 46 | 0 | 5.2 | +0.1 |
MOO | VanEck Vectors Agribusiness ETF | 21.4 | 56 | -10 | 4.6 | -0.5 |
DFAI | Dimensional International Core Equity Market ETF | 20.6 | 18 | 28 | 6.4 | +1.3 |
FTRI | First Trust Indxx Global Natural Resources Income ETF | 18.2 | 70 | -24 | 7.7 | +2.6 |
IGE | iShares North American Natural Resources ETF | 17.7 | 46 | 0 | 3.7 | -1.4 |
PICK | iShares MSCI Global Metals & Mining Producers ETF | 17.2 | 39 | 7 | 5.5 | +0.4 |
FTAG | First Trust Indxx Global Agriculture ETF | 16.7 | 70 | -24 | 5.1 | +0.0 |
XLE | Energy Select Sector SPDR Fund | 13.3 | 13 | 33 | 4.0 | -1.1 |
FENY | Fidelity MSCI Energy Index ETF | 13.3 | 8 | 38 | 3.6 | -1.5 |
IYE | iShares U.S. Energy ETF | 13.3 | 42 | 4 | 3.5 | -1.6 |
VDE | Vanguard Energy Index Fund | 13.3 | 10 | 36 | 3.5 | -1.6 |
JHME | John Hancock Multifactor Energy ETF | 13.3 | 40 | 6 | 3.4 | -1.7 |
IYM | iShares U.S. Basic Materials ETF | 12.9 | 43 | 3 | 4.5 | -0.6 |
ISDX | Invesco RAFI Strategic Developed ex-US ETF | 12.6 | 23 | 23 | 6.3 | +1.2 |
FTXN | First Trust Nasdaq Oil & Gas ETF | 12.2 | 60 | -14 | 2.4 | -2.6 |
FXN | First Trust Energy AlphaDEX Fund | 12.0 | 65 | -19 | 1.8 | -3.3 |
HDV | iShares Core High Dividend ETF | 11.8 | 8 | 38 | 6.4 | +1.3 |
VAW | Vanguard Materials Index Fund | 11.6 | 10 | 36 | 5.0 | -0.1 |
RYE | Invesco S&P 500 Equal Weight Energy ETF | 11.6 | 40 | 6 | 3.3 | -1.8 |
RTM | Invesco S&P 500 Equal Weight Materials ETF | 11.4 | 40 | 6 | 4.7 | -0.4 |
XLB | Materials Select Sector SPDR Fund | 11.4 | 13 | 33 | 4.8 | -0.3 |
FLGB | Franklin FTSE United Kingdom ETF | 11.4 | 9 | 37 | 6.9 | +1.8 |
XOP | SPDR S&P Oil & Gas Exploration & Production ETF | 11.2 | 35 | 11 | 3.0 | -2.1 |
FMAT | Fidelity MSCI Materials Index ETF | 11.2 | 8 | 38 | 5.0 | -0.1 |
EWU | iShares MSCI United Kingdom ETF | 11.2 | 51 | -5 | 6.5 | +1.4 |
ZGBR | SPDR Solactive United Kingdom ETF | 11.2 | 14 | 32 | 7.0 | +1.9 |
FYLD | Cambria Foreign Shareholder Yield ETF | 11.1 | 59 | -13 | 5.6 | +0.6 |
FTXG | First Trust Nasdaq Food & Beverage ETF | 10.8 | 60 | -14 | 5.5 | +0.5 |
VYMI | Vanguard International High Dividend Yield ETF | 10.8 | 27 | 19 | 9.0 | +4.0 |
ZCAN | SPDR Solactive Canada ETF | 10.7 | 14 | 32 | 6.5 | +1.4 |
HDAW | Xtrackers MSCI All World ex US High Dividend Yield Equity ET | 10.7 | 20 | 26 | 9.4 | +4.4 |
EWC | iShares MSCI Canada ETF | 10.5 | 51 | -5 | 6.3 | +1.2 |
IDV | iShares International Select Dividend ETF | 10.4 | 49 | -3 | 8.9 | +3.8 |
BBCA | JPMorgan BetaBuilders Canada ETF | 10.1 | 19 | 27 | 6.5 | +1.4 |
HDEF | Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF | 10.0 | 20 | 26 | 8.4 | +3.3 |
IDOG | ALPS International Sector Dividend Dogs ETF | 9.9 | 50 | -4 | 8.2 | +3.1 |
JHMS | John Hancock Multifactor Consumer Staples ETF | 9.8 | 40 | 6 | 5.7 | +0.6 |
RING | iShares MSCI Global Gold Miners ETF | 9.8 | 39 | 7 | 4.0 | -1.1 |
FNDF | Schwab Fundamental International Large Co. Index ETF | 9.8 | 25 | 21 | 7.7 | +2.6 |
DFAE | Dimensional Emerging Core Equity Market ETF | 9.7 | 35 | 11 | 7.0 | +1.9 |
FCTR | First Trust Lunt U.S. Factor Rotation ETF | 9.6 | 65 | -19 | 1.2 | -3.9 |
VRAI | Virtus Real Asset Income ETF | 9.5 | 55 | -9 | 8.8 | +3.7 |
FXG | First Trust Consumer Staples AlphaDEX Fund | 9.5 | 64 | -18 | 7.7 | +2.6 |
EFAS | Global X MSCI SuperDividend EAFE ETF | 9.4 | 56 | -10 | 8.1 | +3.0 |
SGDM | Sprott Gold Miners ETF | 9.4 | 50 | -4 | 3.5 | -1.6 |
PEY | Invesco High Yield Equity Dividend Achievers ETF | 9.4 | 52 | -6 | 8.2 | +3.2 |
JHMA | John Hancock Multifactor Materials ETF | 9.2 | 40 | 6 | 5.4 | +0.3 |
INFL | Horizon Kinetics Inflation Beneficiaries ETF | 9.1 | 85 | -39 | 3.7 | -1.4 |
EFV | iShares MSCI EAFE Value ETF | 9.1 | 39 | 7 | 8.4 | +3.3 |
PYZ | Invesco DWA Basic Materials Momentum ETF | 9.0 | 60 | -14 | 4.2 | -0.9 |
FLCA | Franklin FTSE Canada ETF | 9.0 | 9 | 37 | 6.9 | +1.8 |
IVLU | iShares Edge MSCI Intl Value Factor ETF | 8.9 | 30 | 16 | 9.9 | +4.8 |
PXF | Invesco FTSE RAFI Developed Markets ex-U.S. ETF | 8.8 | 45 | 1 | 7.6 | +2.5 |
SDY | SPDR S&P Dividend ETF | 8.5 | 35 | 11 | 6.4 | +1.3 |
FXZ | First Trust Materials AlphaDEX Fund | 8.5 | 65 | -19 | 5.8 | +0.7 |
DIVO | Amplify YieldShares CWP Dividend & Option Income ETF | 8.4 | 49 | -3 | 4.1 | -1.0 |
CID | VictoryShares Intl High Dividend Volatility Wtd Index ETF | 8.2 | 45 | 1 | 9.7 | +4.6 |
DOO | WisdomTree International Dividend ex-Financials Fund | 8.2 | 58 | -12 | 7.7 | +2.6 |
BBAX | JPMorgan BetaBuilders Developed Asia ex-Japan ETF | 8.1 | 19 | 27 | 5.9 | +0.8 |
DGT | SPDR Global Dow ETF | 8.0 | 50 | -4 | 6.3 | +1.2 |
EPP | iShares MSCI Pacific ex-Japan ETF | 7.9 | 48 | -2 | 5.5 | +0.5 |
IQIN | IQ 500 International ETF | 7.9 | 25 | 21 | 7.6 | +2.5 |
ABEQ | Absolute Core Strategy ETF | 7.8 | 88 | -42 | 4.3 | -0.8 |
SPVU | Invesco S&P 500 Enhanced Value ETF | 7.4 | 13 | 33 | 9.5 | +4.4 |
MAGA | Point Bridge GOP Stock Tracker ETF | 7.4 | 72 | -26 | 5.3 | +0.3 |
IQDG | WisdomTree International Quality Dividend Growth Fund | 7.2 | 42 | 4 | 6.0 | +0.9 |
IHDG | WisdomTree International Hedged Quality Dividend Growth Fund | 7.2 | 58 | -12 | 5.8 | +0.7 |
BLES | Inspire Global Hope Large Cap ETF | 7.2 | 52 | -6 | 5.6 | +0.5 |
FLAU | Franklin FTSE Australia ETF | 7.2 | 9 | 37 | 5.7 | +0.6 |
EWA | iShares MSCI Australia ETF | 7.2 | 51 | -5 | 5.1 | +0.1 |
PXH | Invesco FTSE RAFI Emerging Markets ETF | 7.1 | 50 | -4 | 11.6 | +6.5 |
IQDF | FlexShares International Quality Dividend Index Fund | 7.1 | 47 | -1 | 7.9 | +2.8 |
JPIN | JPMorgan Diversified Return International Equity ETF | 7.1 | 37 | 9 | 7.1 | +2.0 |
IVAL | Alpha Architect International Quantitative Value ETF | 7.0 | 59 | -13 | 8.3 | +3.2 |
IQDY | FlexShares International Quality Dividend Dynamic Index Fund | 6.9 | 47 | -1 | 8.1 | +3.1 |
VOE | Vanguard Mid-Cap Value Index Fund | 6.9 | 7 | 39 | 6.6 | +1.5 |
DTH | WisdomTree International High Dividend Fund | 6.8 | 58 | -12 | 8.7 | +3.6 |
TPHD | Timothy Plan High Dividend Stock ETF | 6.8 | 52 | -6 | 5.6 | +0.5 |
CZA | Invesco Zacks Mid-Cap ETF | 6.7 | 69 | -23 | 5.6 | +0.5 |
FIDI | Fidelity International High Dividend ETF | 6.6 | 39 | 7 | 10.1 | +5.1 |
PBJ | Invesco Dynamic Food & Beverage ETF | 6.6 | 63 | -17 | 5.8 | +0.7 |
EQRR | ProShares Equities for Rising Rates ETF | 6.6 | 35 | 11 | 6.2 | +1.1 |
ALTL | Pacer Lunt Large Cap Alternator ETF | 6.5 | 60 | -14 | 5.6 | +0.5 |
SPHB | Invesco S&P 500 High Beta ETF | 6.5 | 25 | 21 | 6.0 | +0.9 |
JMIN | JPMorgan U.S. Minimum Volatility ETF | 6.5 | 12 | 34 | 5.3 | +0.2 |
IDHQ | Invesco S&P International Developed Quality ETF | 6.5 | 29 | 17 | 4.8 | -0.3 |
BKIE | BNY Mellon International Equity ETF | 6.4 | 4 | 42 | 6.5 | +1.5 |
IEV | iShares Europe ETF | 6.4 | 59 | -13 | 6.2 | +1.1 |
VIDI | Vident International Equity Fund | 6.4 | 59 | -13 | 9.7 | +4.6 |
DEW | WisdomTree Global High Dividend Fund | 6.4 | 58 | -12 | 8.8 | +3.7 |
1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.
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RESULTS & ESTIMATES
2015 | 2016 | 2017 | 2018 | 2019 | 2020E | 2021E | |
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Sales per share | ** | ** | ** | ** | ** | ** | ** |
Earnings per share | ** | ** | ** | ** | ** | ** | ** |
Dividends per share ![]() |
** | ** | ** | ** | ** | ** | ** |
Book value per share | ** | ** | ** | ** | ** | ** | ** |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
OTHER FUNDAMENTAL METRICS
Long term EPS growth est. | **% | Debt-to-equity | **x | |
Asset turnover | **% | Assets-to-equity | **x |
*Six months ago = 100 |
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VALUATION METRICS
2019 | 2020E | 2021E | |
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Price-to-sales | ** | ** | ** |
Price-to-earnings | ** | ** | ** |
Price-to-cash flow | ** | ** | ** |
Price-to-growth | ** | ** | ** |
Price-to-book value | ** | ** | ** |
Yield | ** | ** | ** |
Historical valuation trends
Forward multiple: |
FlexShares Morningstar Global Upstream Natural Resources Index Fund | |||
Relative to: |
S&P500 | MSCI EAFE | MSCI Emg. Mkts. | Other ETF: |
OVERWEIGHT |
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals. |
ALTAR Score™
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MODERN PORTFOLIO THEORY
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CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
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