- ISIN
- US78463X5418
- CUSIP
- 78463X541
- Issuer
- State Street
- Inception Date
- Sep 13, 2010
- Region
- Developed Markets (Broad)
- Category
- Natural Resources
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P Global Natural Resources Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $5B
Highlights
- Avg. Volume (1M)
- 244K
- Avg. Volume Value (1M)
- $16.75M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
GNR Performance Chart
SPDR S&P Global Natural Resources ETF (GNR) is up 16.2% since the beginning of the year. GNR is currently trading at $71 per share. Investors who bought $1,000 worth of GNR shares 5 years ago would now be looking at an investment worth $1,603.
Loading charts...
Returns By Period
SPDR S&P Global Natural Resources ETF (GNR) has returned 16.17% so far this year and 30.45% over the past 12 months. Over the last ten years, GNR has returned 9.96% per year, falling short of the S&P 500 Index benchmark, which averaged 13.08% annually.
SPDR S&P Global Natural Resources ETF
- 1D
- 0.11%
- 1M
- 6.05%
- 6M
- 2.65%
- YTD
- 16.17%
- 1Y
- 30.45%
- 3Y*
- 11.29%
- 5Y*
- 9.90%
- 10Y*
- 9.96%
- ALL TIME*
- 5.37%
Benchmark (S&P 500 Index)
- 1D
- 0.21%
- 1M
- 1.02%
- 6M
- 6.45%
- YTD
- 8.52%
- 1Y
- 16.26%
- 3Y*
- 17.48%
- 5Y*
- 10.95%
- 10Y*
- 13.08%
- ALL TIME*
- 8.07%
GNR Monthly Returns History
Based on dividend-adjusted daily data since Sep 14, 2010, GNR's average daily return is +0.03%, while the average monthly return is +0.59%. At this rate, an investment would double in approximately 9.8 years.
Historically, 55% of months were positive and 45% were negative. The best month was Nov 2020 with a return of +16.9%, while the worst month was Mar 2020 at -19.0%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, GNR closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +14.2%, while the worst single day was Mar 9, 2020 at -13.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 9.67% | 10.86% | -1.16% | 0.15% | -1.64% | -7.40% | 5.99% | 16.17% | |||||
| 2025 | 4.88% | 0.23% | 1.80% | -3.72% | 3.57% | 3.62% | 0.52% | 6.51% | 1.96% | -0.73% | 3.88% | 3.37% | 28.68% |
| 2024 | -5.77% | 0.15% | 8.36% | -0.52% | 3.57% | -4.86% | 1.59% | -0.12% | 1.76% | -4.09% | -0.65% | -7.00% | -8.27% |
| 2023 | 7.59% | -6.26% | -0.73% | -0.21% | -9.48% | 6.45% | 7.72% | -3.58% | -0.48% | -4.49% | 4.49% | 3.66% | 2.95% |
| 2022 | 4.24% | 3.98% | 7.33% | -4.94% | 5.36% | -15.60% | 4.03% | -0.33% | -8.42% | 10.76% | 10.59% | -3.66% | 10.20% |
| 2021 | 0.67% | 8.94% | 2.34% | 3.86% | 5.42% | -2.46% | -0.47% | -1.65% | -1.02% | 5.30% | -4.62% | 6.95% | 24.73% |
Benchmark Metrics
SPDR S&P Global Natural Resources ETF has an annualized alpha of -5.31%, beta of 0.97, and R2 of 0.59 versus S&P 500 Index. Calculated based on daily prices since September 14, 2010.
- This ETF participated in 111.03% of S&P 500 Index downside but only 78.12% of its upside - more exposed to losses than it benefited from rallies.
- This ETF had an annualized alpha of -5.31% versus S&P 500 Index - delivering less than market exposure alone would predict.
- With beta of 0.97 and R2 of 0.59, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -5.31%
- Beta
- 0.97
- R²
- 0.59
- Upside Capture
- 78.12%
- Downside Capture
- 111.03%
Expense Ratio
GNR has an expense ratio of 0.40%, placing it in the medium range.
Return for Risk
Risk / Return Rank
GNR ranks 75 for risk / return — better than 75% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for SPDR S&P Global Natural Resources ETF (GNR) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GNR | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.23 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.78 | 1.80 | +0.98 |
| Martin ratioReturn relative to average drawdown | 8.86 | 7.70 | +1.15 |
Dividends
Dividend History
SPDR S&P Global Natural Resources ETF provided a 2.55% dividend yield over the last twelve months, with an annual payout of $1.82 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.82 | $1.72 | $2.36 | $1.91 | $2.49 | $1.86 | $1.25 | $1.77 | $1.45 | $1.18 | $0.84 | $1.47 |
Dividend yield | 2.55% | 2.76% | 4.73% | 3.37% | 4.37% | 3.44% | 2.78% | 3.84% | 3.51% | 2.40% | 2.06% | 4.59% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR S&P Global Natural Resources ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.86 | $0.00 | $0.86 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.76 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.96 | $1.72 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.99 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.37 | $2.36 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.93 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.98 | $1.91 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.17 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.33 | $2.49 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.69 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.16 | $1.86 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the SPDR S&P Global Natural Resources ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the SPDR S&P Global Natural Resources ETF was 51.37%, occurring on Jan 20, 2016. Recovery took 1251 trading sessions.
The current SPDR S&P Global Natural Resources ETF drawdown is 4.87%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-51.37%Jan 2016 | 4y 9mo | 4y 11mo | 9y 9moApr 2011 - Jan 2021 | — |
-25.66%Sep 2022 | 5mo 8d | 1y 7mo | 2y 1moApr 2022 - May 2024 | Bear market2022 |
-21.15%Apr 2025 | 10mo 22d | 4mo 16d | 1y 3moMay 2024 - Aug 2025 | 2025 selloff2025 |
-11.88%Sep 2021 | 3mo 19d | 3mo 16d | 7mo 5dJun 2021 - Jan 2022 | — |
-10.99%Jul 2026 | 4mo | — | 4mo 28dMar 2026 - now | — |
Drawdown Indicators
| GNR | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.37% | -56.78% | +5.41% |
Max Drawdown (1Y)Largest decline over 1 year | -10.99% | -9.10% | -1.89% |
Max Drawdown (3Y)Largest decline over 3 years | -21.15% | -18.90% | -2.25% |
Max Drawdown (5Y)Largest decline over 5 years | -25.66% | -25.43% | -0.23% |
Max Drawdown (10Y)Largest decline over 10 years | -48.59% | -33.92% | -14.67% |
Current DrawdownCurrent decline from peak | -4.87% | -2.38% | -2.49% |
Average DrawdownAverage peak-to-trough decline | -14.88% | -10.70% | -4.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.45% | 2.12% | +1.33% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with GNR
Add SPDR S&P Global Natural Resources ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with GNR