GUNR vs. VGUS
GUNR (FlexShares Morningstar Global Upstream Natural Resources Index Fund) and VGUS (Vanguard Ultra-Short Treasury ETF) are both exchange-traded funds - GUNR is a Natural Resources fund tracking the Morningstar Global Upstream Natural Resources Index, while VGUS is a Ultrashort Bond fund tracking the Bloomberg Short Treasury Index. Both are passively managed. Over the past year, GUNR returned 28.93% vs 3.86% for VGUS. At a correlation of -0.08, they often move in opposite directions. GUNR charges 0.46%/yr vs 0.07%/yr for VGUS.
Performance
GUNR vs. VGUS - Performance Comparison
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Returns By Period
In the year-to-date period, GUNR achieves a 11.59% return, which is significantly higher than VGUS's 1.59% return.
GUNR
- 1D
- -0.10%
- 1M
- -6.06%
- YTD
- 11.59%
- 6M
- 11.39%
- 1Y
- 28.93%
- 3Y*
- 12.18%
- 5Y*
- 9.52%
- 10Y*
- 10.65%
VGUS
- 1D
- 0.01%
- 1M
- 0.18%
- YTD
- 1.59%
- 6M
- 1.69%
- 1Y
- 3.86%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GUNR vs. VGUS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GUNR FlexShares Morningstar Global Upstream Natural Resources Index Fund | 11.59% | 23.12% |
VGUS Vanguard Ultra-Short Treasury ETF | 1.59% | 3.78% |
Correlation
The correlation between GUNR and VGUS is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.08 |
Correlation (All Time) Calculated using the full available price history since Feb 11, 2025 | -0.08 |
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Return for Risk
GUNR vs. VGUS — Risk / Return Rank
GUNR
VGUS
GUNR vs. VGUS - 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 Vanguard Ultra-Short Treasury ETF (VGUS). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GUNR | VGUS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -10.03 | ||
| Sortino ratioReturn per unit of downside risk | -31.74 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 10.51 | -9.18 |
| Calmar ratioReturn relative to maximum drawdown | 3.31 | 53.22 | -49.91 |
| Martin ratioReturn relative to average drawdown | 12.68 | 402.91 | -390.23 |
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Drawdowns
GUNR vs. VGUS - Drawdown Comparison
The maximum GUNR drawdown since its inception was -45.64%, which is greater than VGUS's maximum drawdown of -0.07%. Use the drawdown chart below to compare losses from any high point for GUNR and VGUS.
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Drawdown Indicators
| GUNR | VGUS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.64% | -0.07% | -45.57% |
Max Drawdown (1Y)Largest decline over 1 year | -8.78% | -0.07% | -8.71% |
Max Drawdown (3Y)Largest decline over 3 years | -19.59% | — | — |
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 | -8.78% | 0.00% | -8.78% |
Average DrawdownAverage peak-to-trough decline | -10.39% | -0.00% | -10.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.29% | 0.01% | +2.28% |
Volatility
GUNR vs. VGUS - Volatility Comparison
FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) has a higher volatility of 5.11% compared to Vanguard Ultra-Short Treasury ETF (VGUS) at 0.12%. This indicates that GUNR's price experiences larger fluctuations and is considered to be riskier than VGUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GUNR | VGUS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.11% | 0.12% | +4.99% |
Volatility (6M)Calculated over the trailing 6-month period | 13.19% | 0.18% | +13.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.86% | 0.33% | +15.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.01% | 0.34% | +18.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.43% | 0.34% | +20.09% |
GUNR vs. VGUS - Expense Ratio Comparison
GUNR has a 0.46% expense ratio, which is higher than VGUS's 0.07% expense ratio.
Dividends
GUNR vs. VGUS - Dividend Comparison
GUNR's dividend yield for the trailing twelve months is around 2.40%, less than VGUS's 3.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GUNR FlexShares Morningstar Global Upstream Natural Resources Index Fund | 2.40% | 2.81% | 3.39% | 3.55% | 4.12% | 3.61% | 2.79% | 3.25% | 3.27% | 2.00% | 1.73% | 4.50% |
VGUS Vanguard Ultra-Short Treasury ETF | 3.60% | 3.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GUNR and VGUS have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GUNR has higher volatility (5.11%) compared to VGUS (0.12%). In terms of maximum drawdown, GUNR dropped -45.64% vs VGUS's -0.07%.
On 1-year performance, GUNR leads with 28.93% vs 3.86% for VGUS. On fees, VGUS is cheaper at 0.07% per year. On volatility, VGUS has been the lower-risk option at 0.12%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, GUNR has performed better with a 28.93% return vs 3.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VGUS is cheaper with a 0.07% expense ratio, compared with 0.46% for GUNR.
VGUS has the higher dividend yield at 3.60%, compared with 2.40% for GUNR.
GUNR is categorized as Natural Resources, while VGUS is Ultrashort Bond. GUNR tracks Morningstar Global Upstream Natural Resources Index, while VGUS tracks Bloomberg Short Treasury Index. They also come from different issuers: Northern Trust and Vanguard. Their fees differ too: 0.46% for GUNR and 0.07% for VGUS.
VGUS currently has the higher Sharpe Ratio (11.86 vs 1.84), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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