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FTRI vs. GNR
Performance
Return for Risk
Dividends
Drawdowns
Volatility

FTRI vs. GNR

Last updated Apr 2, 2026

Compare and contrast key facts about First Trust Indxx Global Natural Resources Income ETF (FTRI) and SPDR S&P Global Natural Resources ETF (GNR).

FTRI and GNR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTRI is a passively managed fund by First Trust that tracks the performance of the Indxx Global Natural Resources Income Index. It was launched on Mar 11, 2010. GNR is a passively managed fund by State Street that tracks the performance of the S&P Global Natural Resources Index. It was launched on Sep 13, 2010. Both FTRI and GNR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

FTRI vs. GNR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Indxx Global Natural Resources Income ETF (FTRI) and SPDR S&P Global Natural Resources ETF (GNR). The values are adjusted to include any dividend payments, if applicable.

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FTRI vs. GNR - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
FTRI
First Trust Indxx Global Natural Resources Income ETF		15.22%33.62%-3.93%1.53%7.49%25.29%-0.79%21.97%-8.34%11.77%
GNR
SPDR S&P Global Natural Resources ETF		19.84%28.68%-8.27%2.95%10.20%24.73%-0.03%16.49%-13.19%22.64%

Returns By Period

In the year-to-date period, FTRI achieves a 15.22% return, which is significantly lower than GNR's 19.84% return. Both investments have delivered pretty close results over the past 10 years, with FTRI having a 11.56% annualized return and GNR not far ahead at 11.63%.

FTRI

1D
0.75%
1M
-5.54%
YTD
15.22%
6M
21.02%
1Y
38.78%
3Y*
15.31%
5Y*
11.97%
10Y*
11.56%

GNR

1D
-0.27%
1M
-1.86%
YTD
19.84%
6M
27.71%
1Y
43.54%
3Y*
13.30%
5Y*
11.99%
10Y*
11.63%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

First Trust Indxx Global Natural Resources Income ETF

SPDR S&P Global Natural Resources ETF

Often compared with FTRI:
FTRI vs. COPXFTRI vs. SPYFTRI vs. NANRFTRI vs. NDIVFTRI vs. XLBFTRI vs. DYNFFTRI vs. XLE
Often compared with GNR:
GNR vs. REMXGNR vs. XLEGNR vs. BCIGNR vs. VAWGNR vs. SPYGNR vs. XLBGNR vs. MXI

FTRI vs. GNR - Expense Ratio Comparison

FTRI has a 0.70% expense ratio, which is higher than GNR's 0.40% expense ratio.

FTRI
First Trust Indxx Global Natural Resources Income ETF
GNR
SPDR S&P Global Natural Resources ETF

Return for Risk

FTRI vs. GNR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FTRI
FTRI Risk / Return Rank: 8888
Overall Rank
FTRI Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
FTRI Sortino Ratio Rank: 8787
Sortino Ratio Rank
FTRI Omega Ratio Rank: 8686
Omega Ratio Rank
FTRI Calmar Ratio Rank: 8787
Calmar Ratio Rank
FTRI Martin Ratio Rank: 9090
Martin Ratio Rank
GNR
GNR Risk / Return Rank: 9191
Overall Rank
GNR Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
GNR Sortino Ratio Rank: 9191
Sortino Ratio Rank
GNR Omega Ratio Rank: 9292
Omega Ratio Rank
GNR Calmar Ratio Rank: 8989
Calmar Ratio Rank
GNR Martin Ratio Rank: 9595
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FTRI vs. GNR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx Global Natural Resources Income ETF (FTRI) and SPDR S&P Global Natural Resources ETF (GNR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

FTRIGNRDifference

Sharpe ratio

Return per unit of total volatility

1.90

2.11

-0.21

Sortino ratio

Return per unit of downside risk

2.43

2.71

-0.28

Omega ratio

Gain probability vs. loss probability

1.36

1.41

-0.06

Calmar ratio

Return relative to maximum drawdown

2.93

2.98

-0.05

Martin ratio

Return relative to average drawdown

12.73

15.59

-2.86

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTRI vs. GNR - Sharpe Ratio Comparison

The current FTRI Sharpe Ratio is 1.90, which is comparable to the GNR Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of FTRI and GNR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

FTRIGNRDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.90

2.11

-0.21

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.57

0.59

-0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.52

0.53

-0.01

Sharpe Ratio (All Time)

Calculated using the full available price history

0.51

0.26

+0.24

Correlation

The correlation between FTRI and GNR is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

FTRI vs. GNR - Dividend Comparison

FTRI's dividend yield for the trailing twelve months is around 2.25%, less than GNR's 2.31% yield.

TTM20252024202320222021202020192018201720162015
FTRI
First Trust Indxx Global Natural Resources Income ETF		2.25%2.35%4.29%6.56%8.37%6.58%3.64%6.25%4.24%3.60%2.96%0.89%
GNR
SPDR S&P Global Natural Resources ETF		2.31%2.76%4.73%3.37%4.37%3.44%2.78%3.84%3.51%2.40%2.06%4.59%

Drawdowns

FTRI vs. GNR - Drawdown Comparison

The maximum FTRI drawdown since its inception was -43.82%, smaller than the maximum GNR drawdown of -51.37%. Use the drawdown chart below to compare losses from any high point for FTRI and GNR.

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Drawdown Indicators

FTRIGNRDifference

Max Drawdown

Largest peak-to-trough decline

-43.82%

-51.37%

+7.55%

Max Drawdown (1Y)

Largest decline over 1 year

-13.35%

-14.80%

+1.45%

Max Drawdown (5Y)

Largest decline over 5 years

-27.51%

-25.66%

-1.85%

Max Drawdown (10Y)

Largest decline over 10 years

-43.82%

-48.59%

+4.77%

Current Drawdown

Current decline from peak

-5.54%

-1.86%

-3.68%

Average Drawdown

Average peak-to-trough decline

-8.49%

-15.10%

+6.61%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.10%

2.83%

+0.27%

Volatility

FTRI vs. GNR - Volatility Comparison

First Trust Indxx Global Natural Resources Income ETF (FTRI) has a higher volatility of 6.29% compared to SPDR S&P Global Natural Resources ETF (GNR) at 5.51%. This indicates that FTRI's price experiences larger fluctuations and is considered to be riskier than GNR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FTRIGNRDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.29%

5.51%

+0.78%

Volatility (6M)

Calculated over the trailing 6-month period

14.48%

13.76%

+0.72%

Volatility (1Y)

Calculated over the trailing 1-year period

20.49%

20.70%

-0.21%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.92%

20.35%

+0.57%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.32%

22.01%

+0.31%