GUNR vs. NDIV
Compare and contrast key facts about FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) and Amplify Natural Resources Dividend Income ETF (NDIV).
GUNR and NDIV 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. NDIV is a passively managed fund by Amplify that tracks the performance of the EQM Natural Resources Dividend Income Index. It was launched on Aug 24, 2022. Both GUNR and NDIV 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
GUNR vs. NDIV - Performance Comparison
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GUNR vs. NDIV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GUNR FlexShares Morningstar Global Upstream Natural Resources Index Fund | 20.73% | 30.03% | -8.37% | -2.40% | 2.82% |
NDIV Amplify Natural Resources Dividend Income ETF | 32.07% | 2.85% | 6.18% | 15.52% | 1.82% |
Returns By Period
In the year-to-date period, GUNR achieves a 20.73% return, which is significantly lower than NDIV's 32.07% return.
GUNR
- 1D
- -0.02%
- 1M
- -0.96%
- YTD
- 20.73%
- 6M
- 27.72%
- 1Y
- 45.55%
- 3Y*
- 12.85%
- 5Y*
- 12.39%
- 10Y*
- 12.13%
NDIV
- 1D
- -2.80%
- 1M
- 5.95%
- YTD
- 32.07%
- 6M
- 25.89%
- 1Y
- 27.53%
- 3Y*
- 18.93%
- 5Y*
- —
- 10Y*
- —
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GUNR vs. NDIV - Expense Ratio Comparison
GUNR has a 0.46% expense ratio, which is lower than NDIV's 0.59% expense ratio.
Return for Risk
GUNR vs. NDIV — Risk / Return Rank
GUNR
NDIV
GUNR vs. NDIV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) and Amplify Natural Resources Dividend Income ETF (NDIV). 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.
| GUNR | NDIV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.44 | 1.13 | +1.31 |
Sortino ratioReturn per unit of downside risk | 3.02 | 1.59 | +1.43 |
Omega ratioGain probability vs. loss probability | 1.47 | 1.22 | +0.26 |
Calmar ratioReturn relative to maximum drawdown | 3.46 | 1.58 | +1.88 |
Martin ratioReturn relative to average drawdown | 19.38 | 4.86 | +14.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GUNR | NDIV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.44 | 1.13 | +1.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.76 | -0.42 |
Correlation
The correlation between GUNR and NDIV is 0.81, 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
GUNR vs. NDIV - Dividend Comparison
GUNR's dividend yield for the trailing twelve months is around 2.21%, less than NDIV's 5.23% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GUNR FlexShares Morningstar Global Upstream Natural Resources Index Fund | 2.21% | 2.81% | 3.39% | 3.55% | 4.12% | 3.61% | 2.79% | 3.25% | 3.27% | 2.00% | 1.73% | 4.50% |
NDIV Amplify Natural Resources Dividend Income ETF | 5.23% | 5.64% | 5.88% | 7.37% | 1.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GUNR vs. NDIV - Drawdown Comparison
The maximum GUNR drawdown since its inception was -45.64%, which is greater than NDIV's maximum drawdown of -19.73%. Use the drawdown chart below to compare losses from any high point for GUNR and NDIV.
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Drawdown Indicators
| GUNR | NDIV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.64% | -19.73% | -25.91% |
Max Drawdown (1Y)Largest decline over 1 year | -13.25% | -17.75% | +4.50% |
Max Drawdown (5Y)Largest decline over 5 years | -24.06% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -43.04% | — | — |
Current DrawdownCurrent decline from peak | -0.96% | -4.04% | +3.08% |
Average DrawdownAverage peak-to-trough decline | -10.50% | -4.27% | -6.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.38% | 5.77% | -3.39% |
Volatility
GUNR vs. NDIV - Volatility Comparison
FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) has a higher volatility of 5.25% compared to Amplify Natural Resources Dividend Income ETF (NDIV) at 4.93%. This indicates that GUNR's price experiences larger fluctuations and is considered to be riskier than NDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GUNR | NDIV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.25% | 4.93% | +0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 12.82% | 14.42% | -1.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.79% | 24.59% | -5.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.09% | 21.02% | -1.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.56% | 21.02% | -0.46% |