NANR
SPDR S&P North American Natural Resources ETF
The SPDR S&P North American Natural Resources ETF tracks an index of US and Canadian firms involved in natural resources and commodities businesses. Firms fall into one of three categories: energy, materials or agriculture.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 784.2 M
ASSETS UNDER MGMT
35 bp
EXPENSES
Fund Basics
| Inception date | Dec 15, 2015 |
| Regulation | Open-End Investment Company |
| Fund Website | link... |
| Distributions | Semi-annual |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| EXXON MOBIL CORP | 8.8 % |
| CHEVRON CORP | 6.1 % |
| NEWMONT MINING CORP | 4.8 % |
| AGNICO-EAGLE MINES LTD | 3.7 % |
| CORTEVA INC | 3.2 % |
| FREEPORT-MCMORAN COPPER | 3.2 % |
| CONOCOPHILLIPS | 2.6 % |
| BARRICK MINING CORP | 2.5 % |
| NUTRIEN LTD. | 2.1 % |
| ARCHER-DANIELS-MIDLAND CO | 2.0 % |
Constituent Breakdown
| Number of holdings | 177 |
| Herfindahl-Hirschman Index | 248 |
| Wgt avg mkt cap (mns) | $103,016 |
| Large cap (>$10bn) | 74.9% |
| Mid cap ($2-10bn) | 13.1% |
| Small cap (<$2bn) | 1.1% |
| Developed mkts. | 91.3% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 63.0 % |
 |
CANADA | 26.5 % |
 |
IRELAND | 1.2 % |
 |
BRITAIN | 0.5 % |
Historical Performance
Standardized Performance (as of 03/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 23.8% | 51.3% | 24.1% | 16.1% | 16.9% | 11.2% | -- | 12.4% |
| Dividend Yield | 0.0% | 3.0% | 2.5% | 2.7% | 2.9% | 2.9% | -- | 2.9% |
| Total Returns | 23.8% | 54.3% | 26.6% | 18.8% | 19.8% | 14.1% | -- | 15.3% | Ann. Volatility | 24.6% | 23.1% | 20.5% | 19.9% | 23.1% | 23.7% | -- | 24.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.77 | 41% |
| MSCI EAFE | 0.87 | 45% |
| MSCI Emg Mkts | 0.72 | 40% |
Liquidity Measures
| Avg. volume (000) | 50 |
| ADV traded (mns) | $4 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 0.13% |
Technical Indicators
| 30d moving avg. (EMA) | $82.90 |
| Relative strength (RSI) | 54 |
| MACD/Signal | 0.23/0.46 |
| Bollinger Bands (Upper/Lower) | $85.03/$82.39 |
| Short interest (% of AUM) | 0.0% |
Distributions
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. NANR |
Expenses vs. NANR |
ALTAR Score™ vs. NANR |
|---|---|---|---|---|
| GNR | SPDR S&P Global Natural Resources ETF | 46.3% | +5 bp | +1.7% |
| IGE | iShares North American Natural Resources ETF | 43.6% | +6 bp | -0.4% |
| FTWO | Strive FAANG 2.0 ETF | 43.2% | +14 bp | -2.2% |
| GUNR | FlexShares Morningstar Global Upstream Natural Resources Ind | 37.5% | +11 bp | +1.0% |
| IXC | iShares Global Energy ETF | 34.9% | +9 bp | +1.2% |
| VDE | Vanguard Energy ETF | 33.9% | -26 bp | +0.6% |
| FENY | Fidelity MSCI Energy Index ETF | 33.8% | -27 bp | +0.7% |
| IYE | iShares U.S. Energy ETF | 31.8% | +5 bp | +0.5% |
| TEXN | iShares Texas Equity ETF | 30.2% | -15 bp | -0.8% |
| XLE | Energy Select Sector SPDR | 29.7% | -27 bp | +0.7% |
Risk and Returns: NANR 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.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| 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 4/29/2026
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
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
6.4%
ALTAR SCORE™
77th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 586 funds in the Global Equity category with an average
ALTAR Score™ of 4.4% and a standard deviation
of 2.7%. NANR's ALTAR Score™ is approximately 0.8 standard
deviations above the category average. This places NANR in the 77th percentile
among funds in the category.
Sell-Side Consensus
$87.56
PRICE TARGET
+6.6%
UPSIDE