FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) belongs to the Commodity Producers Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with GUNR. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GUNR
GUNR charges 0.46% annually. There are 7 ETFs in the Commodity Producers Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Themes Lithium & Battery Metal Miners ETF | 0.35% | — | Sep 2024 | GUNR vs LIMI | |
| Themes Copper Miners ETF | 0.35% | — | Sep 2024 | GUNR vs COPA | |
| Themes Uranium & Nuclear ETF | 0.35% | — | Sep 2024 | GUNR vs URAN | |
| SPDR S&P North American Natural Resources ETF | 0.35% | 772.92M | Dec 2015 | GUNR vs NANR | |
| ALPS/CoreCommodity Natural Resources ETF | 0.39% | 393.31M | Jul 2024 | GUNR vs CCNR |
Best Risk-Adjusted Alternatives to GUNR
GUNR has a PortfoliosLab risk / return rank of 84. There are 7 ETFs in the Commodity Producers Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ALPS/CoreCommodity Natural Resources ETF | 95 | 393.31M | Jul 2024 | GUNR vs CCNR | |
| Global X Lithium & Battery Tech ETF | 94 | 2.24B | Jul 2010 | GUNR vs LIT | |
| Themes Lithium & Battery Metal Miners ETF | 90 | — | Sep 2024 | GUNR vs LIMI | |
| Amplify Lithium & Battery Technology ETF | 87 | 140.46M | Jun 2018 | GUNR vs BATT | |
| SPDR S&P North American Natural Resources ETF | 86 | 772.92M | Dec 2015 | GUNR vs NANR |
Top Performing GUNR Alternatives (YTD)
GUNR is at 19.20% YTD. There are 12 ETFs in the Commodity Producers Equities category with higher YTD returns, going as high as 30.84%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Lithium & Battery Tech ETF | 30.84% | 2.24B | Jul 2010 | GUNR vs LIT | |
| Themes Copper Miners ETF | 29.17% | — | Sep 2024 | GUNR vs COPA | |
| VanEck Copper and Green Metals ETF | 28.94% | 38.60M | Nov 2021 | GUNR vs EMET | |
| iShares Copper and Metals Mining ETF | 27.29% | 473.11M | Jun 2023 | GUNR vs ICOP | |
| ALPS/CoreCommodity Natural Resources ETF | 27.16% | 393.31M | Jul 2024 | GUNR vs CCNR |
Lowest Volatility Alternatives to GUNR
GUNR has 15.14% 1-year volatility. No ETFs in the Commodity Producers Equities category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 16.39%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR S&P Global Natural Resources ETF | 16.39% | 4.87B | Sep 2010 | GUNR vs GNR | |
| T. Rowe Price Natural Resources ETF | 16.51% | 119.66M | Jun 2025 | GUNR vs TURF | |
| Cohen & Steers Natural Resources Active ETF | 17.03% | 60.88M | Feb 2025 | GUNR vs CSNR | |
| First Trust Indxx Global Natural Resources Income ... | 17.32% | 133.03M | Mar 2010 | GUNR vs FTRI | |
| ALPS/CoreCommodity Natural Resources ETF | 17.74% | 393.31M | Jul 2024 | GUNR vs CCNR |
Lowest Drawdown Alternatives to GUNR
GUNR has a 1-year max drawdown of -6.81%. There is 1 ETF in the Commodity Producers Equities category with a shallower 1-year drawdown, going as shallow as -6.47%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ALPS/CoreCommodity Natural Resources ETF | -6.47% | 393.31M | Jul 2024 | GUNR vs CCNR | |
| SPDR S&P Global Natural Resources ETF | -7.97% | 4.87B | Sep 2010 | GUNR vs GNR | |
| Cohen & Steers Natural Resources Active ETF | -8.39% | 60.88M | Feb 2025 | GUNR vs CSNR | |
| SPDR S&P North American Natural Resources ETF | -8.93% | 772.92M | Dec 2015 | GUNR vs NANR | |
| First Trust Indxx Global Natural Resources Income ... | -11.87% | 133.03M | Mar 2010 | GUNR vs FTRI |
Other ETFs from Northern Trust
The 10 most viewed Northern Trust ETFs shown here include ESG, HYGV, QLC and span 9 categories. AUM among these funds goes as high as $3B.
Often Compared With GUNR
Investors most often compare GUNR with HAP, XLB, IGE. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare GUNR with Any Fund or Stock
Compare GUNR with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GUNR with funds that move differently
FlexShares Morningstar Global Upstream Natural Resources Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GUNR.
Explore GUNR Diversifiers