GUNR vs. IGE
Compare and contrast key facts about FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) and iShares North American Natural Resources ETF (IGE).
GUNR and IGE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GUNR is a passively managed fund by Northern Trust that tracks the performance of the Morningstar Global Upstream Natural Resources Index. It was launched on Sep 16, 2011. IGE is a passively managed fund by iShares that tracks the performance of the S&P North American Natural Resources Sector Index. It was launched on Oct 26, 2001. Both GUNR and IGE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GUNR or IGE.
Correlation
The correlation between GUNR and IGE is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GUNR vs. IGE - Performance Comparison
Key characteristics
GUNR:
-0.28
IGE:
-0.20
GUNR:
-0.27
IGE:
-0.13
GUNR:
0.96
IGE:
0.98
GUNR:
-0.22
IGE:
-0.23
GUNR:
-0.63
IGE:
-0.73
GUNR:
8.18%
IGE:
6.12%
GUNR:
18.22%
IGE:
22.16%
GUNR:
-45.64%
IGE:
-67.62%
GUNR:
-13.35%
IGE:
-10.93%
Returns By Period
In the year-to-date period, GUNR achieves a 5.36% return, which is significantly higher than IGE's -0.54% return. Over the past 10 years, GUNR has outperformed IGE with an annualized return of 5.18%, while IGE has yielded a comparatively lower 3.52% annualized return.
GUNR
5.36%
-2.71%
-4.35%
-6.18%
12.41%
5.18%
IGE
-0.54%
-7.22%
-4.98%
-5.32%
19.59%
3.52%
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GUNR vs. IGE - Expense Ratio Comparison
Both GUNR and IGE have an expense ratio of 0.46%.
Risk-Adjusted Performance
GUNR vs. IGE — Risk-Adjusted Performance Rank
GUNR
IGE
GUNR vs. IGE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) and iShares North American Natural Resources ETF (IGE). 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.
Dividends
GUNR vs. IGE - Dividend Comparison
GUNR's dividend yield for the trailing twelve months is around 3.52%, more than IGE's 2.61% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GUNR FlexShares Morningstar Global Upstream Natural Resources Index Fund | 3.52% | 3.39% | 3.55% | 4.12% | 3.61% | 2.79% | 3.25% | 3.28% | 2.00% | 1.73% | 4.50% | 2.80% |
IGE iShares North American Natural Resources ETF | 2.61% | 2.54% | 2.85% | 2.95% | 2.92% | 3.34% | 5.55% | 2.68% | 2.11% | 1.66% | 3.07% | 1.83% |
Drawdowns
GUNR vs. IGE - Drawdown Comparison
The maximum GUNR drawdown since its inception was -45.64%, smaller than the maximum IGE drawdown of -67.62%. Use the drawdown chart below to compare losses from any high point for GUNR and IGE. For additional features, visit the drawdowns tool.
Volatility
GUNR vs. IGE - Volatility Comparison
The current volatility for FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) is 12.27%, while iShares North American Natural Resources ETF (IGE) has a volatility of 15.41%. This indicates that GUNR experiences smaller price fluctuations and is considered to be less risky than IGE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.