GUNR vs. OIH
Compare and contrast key facts about FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) and VanEck Vectors Oil Services ETF (OIH).
GUNR and OIH 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. OIH is a passively managed fund by VanEck that tracks the performance of the MVIS US Listed Oil Services 25 Index. It was launched on Dec 20, 2011. Both GUNR and OIH 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 OIH.
Key characteristics
| GUNR | OIH | |
|---|---|---|
| YTD Return | -1.86% | -1.51% |
| 1Y Return | 5.35% | -3.08% |
| 3Y Return (Ann) | 3.76% | 15.27% |
| 5Y Return (Ann) | 8.09% | 7.17% |
| 10Y Return (Ann) | 5.28% | -8.49% |
| Sharpe Ratio | 0.39 | -0.06 |
| Sortino Ratio | 0.62 | 0.10 |
| Omega Ratio | 1.08 | 1.01 |
| Calmar Ratio | 0.33 | -0.02 |
| Martin Ratio | 1.13 | -0.15 |
| Ulcer Index | 5.19% | 11.44% |
| Daily Std Dev | 14.96% | 26.89% |
| Max Drawdown | -45.64% | -94.24% |
| Current Drawdown | -11.92% | -72.90% |
Correlation
The correlation between GUNR and OIH is 0.75, 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.
Performance
GUNR vs. OIH - Performance Comparison
In the year-to-date period, GUNR achieves a -1.86% return, which is significantly lower than OIH's -1.51% return. Over the past 10 years, GUNR has outperformed OIH with an annualized return of 5.28%, while OIH has yielded a comparatively lower -8.49% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GUNR vs. OIH - Expense Ratio Comparison
GUNR has a 0.46% expense ratio, which is higher than OIH's 0.35% expense ratio.
Risk-Adjusted Performance
GUNR vs. OIH - 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 VanEck Vectors Oil Services ETF (OIH). 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. OIH - Dividend Comparison
GUNR's dividend yield for the trailing twelve months is around 3.49%, more than OIH's 1.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GUNR FlexShares Morningstar Global Upstream Natural Resources Index Fund | 3.49% | 3.55% | 4.12% | 3.61% | 2.79% | 3.25% | 3.28% | 2.00% | 1.73% | 4.50% | 2.80% | 2.03% |
OIH VanEck Vectors Oil Services ETF | 1.39% | 1.36% | 0.95% | 0.98% | 1.23% | 2.20% | 2.13% | 2.60% | 1.40% | 2.39% | 2.38% | 1.13% |
Drawdowns
GUNR vs. OIH - Drawdown Comparison
The maximum GUNR drawdown since its inception was -45.64%, smaller than the maximum OIH drawdown of -94.24%. Use the drawdown chart below to compare losses from any high point for GUNR and OIH. For additional features, visit the drawdowns tool.
Volatility
GUNR vs. OIH - Volatility Comparison
The current volatility for FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) is 3.56%, while VanEck Vectors Oil Services ETF (OIH) has a volatility of 11.06%. This indicates that GUNR experiences smaller price fluctuations and is considered to be less risky than OIH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.