GUNR
FlexShares Morningstar Global Upstream Natural Resources Index Fund
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.
Fund Basics
Fund sponsor | Northern Trust Investments Inc |
Category | Global Equities |
Asset class | Equity |
Website | link... |
Inception date | Sep 16, 2011 |
Assets (mns) | $7,275 |
Expense ratio | 46 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Proprietary |
Weighting | Tiered |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
EXXON MOBIL CORP | 5.0 % |
BHP BILLITON LTD | 4.9 % |
NUTRIEN LTD. | 4.7 % |
SHELL PLC | 4.1 % |
ARCHER-DANIELS-MIDLAND CO | 4.0 % |
CORTEVA INC | 3.4 % |
CHEVRON CORP | 3.3 % |
RIO TINTO PLC | 2.9 % |
TOTAL SA | 2.8 % |
GLENCORE INTERNATIONAL PLC | 2.4 % |
Constituent Breakdown
Number of holdings | 120 |
Herfindahl-Hirschman Index | 208 |
Wgt avg mkt cap (mns) | $71,171 |
Large cap (>$10bn) | 61.7% |
Mid cap ($2-10bn) | 15.0% |
Small cap (<$2bn) | 0.5% |
Developed mkts. | 88.8% |
Emerging mkts. | 11.2% |
Country Exposure
UNITED STATES | 35.3 % | |
CANADA | 14.6 % | |
BRITAIN | 12.8 % | |
AUSTRALIA | 9.0 % | |
NORWAY | 3.7 % | |
BRAZIL | 3.3 % | |
FRANCE | 2.8 % | |
SWITZERLAND | 2.4 % | |
SAUDI ARABIA | 2.3 % | |
FINLAND | 1.6 % |
Historical Performance
Standardized Annual Returns (as of 08/31/2023)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
---|---|---|---|---|---|---|
-4.1% | 2.5% | 9.4% | 15.6% | 8.2% | 5.8% | 5.5% |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 0.88 | 52% |
MSCI EAFE | 0.97 | 66% |
MSCI Emg Mkts | 0.76 | 39% |
Liquidity Measures
Avg. volume (000) | 563 |
Turnover | 0.3% |
Avg. Bid/Ask (% of price) | 0.03% |
ADV of underlying (mns) | $9,005 |
Technical Indicators
Recent close | $40.63 |
30d moving avg. | $40.84 |
Annualized volatility | 21.8% |
Relative strength (RSI) | 45 |
Short interest (ETF) | 0.3% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. GUNR |
Expenses vs. GUNR |
ALTAR Score™ vs. GUNR |
---|---|---|---|---|
GNR | SPDR S&P Global Natural Resources ETF | 60.7% | -6 bp | +0.6% |
HAP | VanEck Natural Resources ETF | 42.8% | +4 bp | -0.7% |
NANR | SPDR S&P North American Natural Resources ETF | 40.1% | -11 bp | -2.4% |
FILL | iShares MSCI Global Energy Producers ETF | 32.1% | -7 bp | -1.1% |
IXC | iShares Global Energy ETF | 31.2% | -2 bp | -1.7% |
MXI | iShares Global Materials ETF | 29.9% | -5 bp | -0.8% |
VEGI | iShares MSCI Global Agriculture Producers ETF | 26.8% | -7 bp | -0.3% |
IDMO | Invesco S&P International Developed Momentum ETF | 22.6% | -21 bp | -0.3% |
IDHQ | Invesco S&P International Developed Quality ETF | 20.6% | -17 bp | -0.8% |
PICK | iShares MSCI Global Metals & Mining Producers ETF | 20.6% | -7 bp | +3.4% |
Risk and Returns: GUNR vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
2018 | 2019 | 2020 | 2021 | 2022 | 2023E | 2024E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
2022 | 2023E | Fwd Est | 2024E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 9/28/2023
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
GUNR
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
GUNR
8.7%
Cat. Avg
4.2%
Fund Category: Global Equities
Avg. Return on Equity | --% |
Divided by: Fwd. P/BV | --x |
Less: Expenses | -- bp |
Equals: ALTAR Score™ | 8.7% |
Recommendation
SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.
Category Overview
There are 345 funds in the Global Equities category, with an average ALTAR Score™
of 4.2% and a standard deviation of
5.2%. GUNR's ALTAR Score™ is approximately
0.9 standard deviations
above
the category average. This places GUNR in the 81st percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
GUNR
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Market Activity
Latest price | |
Change | |
Volume | |
Bid/Ask Spread | |
Update |
Today's Trading
Trading data provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
GUNR | 46.0 | 2.6 | 48.6 |
Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .