FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) belongs to the Natural Resources 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 5 ETFs in the Natural Resources category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR S&P North American Natural Resources ETF | 0.35% | 710.17M | Dec 2015 | GUNR vs NANR | |
| iShares MSCI Global Metals & Mining Producers ETF | 0.39% | 2.16B | Jan 2012 | GUNR vs PICK | |
| ALPS/CoreCommodity Natural Resources ETF | 0.39% | 369.90M | Jul 2024 | GUNR vs CCNR | |
| SPDR S&P Global Natural Resources ETF | 0.40% | 4.48B | Sep 2010 | GUNR vs GNR | |
| T. Rowe Price Natural Resources ETF | 0.44% | 219.20M | Jun 2025 | GUNR vs TURF |
Best Risk-Adjusted Alternatives to GUNR
GUNR has a PortfoliosLab risk / return rank of 63. There are 3 ETFs in the Natural Resources category with higher risk-adjusted ranks, going as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ALPS/CoreCommodity Natural Resources ETF | 86 | 369.90M | Jul 2024 | GUNR vs CCNR | |
| SPDR S&P North American Natural Resources ETF | 68 | 710.17M | Dec 2015 | GUNR vs NANR | |
| iShares MSCI Global Metals & Mining Producers ETF | 63 | 2.16B | Jan 2012 | GUNR vs PICK | |
| Cohen & Steers Natural Resources Active ETF | 62 | 60.88M | Feb 2025 | GUNR vs CSNR | |
| SPDR S&P Global Natural Resources ETF | 60 | 4.48B | Sep 2010 | GUNR vs GNR |
Top Performing GUNR Alternatives (YTD)
GUNR is at 12.43% YTD. There are 5 ETFs in the Natural Resources category with higher YTD returns, going as high as 16.11%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ALPS/CoreCommodity Natural Resources ETF | 16.11% | 369.90M | Jul 2024 | GUNR vs CCNR | |
| SPDR S&P North American Natural Resources ETF | 15.86% | 710.17M | Dec 2015 | GUNR vs NANR | |
| iShares MSCI Global Metals & Mining Producers ETF | 14.65% | 2.16B | Jan 2012 | GUNR vs PICK | |
| SPDR S&P Global Natural Resources ETF | 13.35% | 4.48B | Sep 2010 | GUNR vs GNR | |
| Cohen & Steers Natural Resources Active ETF | 13.03% | 60.88M | Feb 2025 | GUNR vs CSNR |
Lowest Volatility Alternatives to GUNR
GUNR has 15.91% 1-year volatility. There is 1 ETF in the Natural Resources category with lower 1-year volatility, going as low as 14.36%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Agribusiness ETF | 14.36% | 962.86M | Aug 2007 | GUNR vs MOO | |
| T. Rowe Price Natural Resources ETF | 17.06% | 219.20M | Jun 2025 | GUNR vs TURF | |
| SPDR S&P Global Natural Resources ETF | 17.15% | 4.48B | Sep 2010 | GUNR vs GNR | |
| Cohen & Steers Natural Resources Active ETF | 17.79% | 60.88M | Feb 2025 | GUNR vs CSNR | |
| First Trust Indxx Global Natural Resources Income ... | 18.33% | 120.45M | Mar 2010 | GUNR vs FTRI |
Lowest Drawdown Alternatives to GUNR
GUNR has a 1-year max drawdown of -11.70%. There are 2 ETFs in the Natural Resources category with shallower 1-year drawdowns, going as shallow as -10.99%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR S&P Global Natural Resources ETF | -10.99% | 4.48B | Sep 2010 | GUNR vs GNR | |
| VanEck Agribusiness ETF | -11.17% | 962.86M | Aug 2007 | GUNR vs MOO | |
| SPDR S&P North American Natural Resources ETF | -12.31% | 710.17M | Dec 2015 | GUNR vs NANR | |
| Cohen & Steers Natural Resources Active ETF | -12.43% | 60.88M | Feb 2025 | GUNR vs CSNR | |
| ALPS/CoreCommodity Natural Resources ETF | -12.88% | 369.90M | Jul 2024 | GUNR vs CCNR |
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 10 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