NANR vs. FNARX
Compare and contrast key facts about SPDR S&P North American Natural Resources ETF (NANR) and Fidelity Natural Resources Fund (FNARX).
NANR is a passively managed fund by State Street that tracks the performance of the S&P BMI North American Natural Resources Index. It was launched on Dec 15, 2015. FNARX is managed by Fidelity. It was launched on Mar 3, 1997.
Performance
NANR vs. FNARX - Performance Comparison
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NANR vs. FNARX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NANR SPDR S&P North American Natural Resources ETF | 23.68% | 35.35% | 2.31% | -3.23% | 26.49% | 36.43% | 1.03% | 18.99% | -16.77% | 8.03% |
FNARX Fidelity Natural Resources Fund | 30.09% | 28.67% | 3.76% | 6.41% | 41.01% | 39.34% | -20.86% | 19.09% | -24.28% | -0.11% |
Returns By Period
In the year-to-date period, NANR achieves a 23.68% return, which is significantly lower than FNARX's 30.09% return. Over the past 10 years, NANR has outperformed FNARX with an annualized return of 14.17%, while FNARX has yielded a comparatively lower 12.75% annualized return.
NANR
- 1D
- -0.13%
- 1M
- -2.66%
- YTD
- 23.68%
- 6M
- 30.97%
- 1Y
- 53.36%
- 3Y*
- 18.77%
- 5Y*
- 19.18%
- 10Y*
- 14.17%
FNARX
- 1D
- 1.02%
- 1M
- 2.94%
- YTD
- 30.09%
- 6M
- 34.26%
- 1Y
- 51.80%
- 3Y*
- 22.10%
- 5Y*
- 24.94%
- 10Y*
- 12.75%
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NANR vs. FNARX - Expense Ratio Comparison
NANR has a 0.35% expense ratio, which is lower than FNARX's 0.82% expense ratio.
Return for Risk
NANR vs. FNARX — Risk / Return Rank
NANR
FNARX
NANR vs. FNARX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P North American Natural Resources ETF (NANR) and Fidelity Natural Resources Fund (FNARX). 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.
| NANR | FNARX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.33 | 2.44 | -0.11 |
Sortino ratioReturn per unit of downside risk | 2.85 | 2.97 | -0.11 |
Omega ratioGain probability vs. loss probability | 1.43 | 1.45 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 3.35 | 3.16 | +0.19 |
Martin ratioReturn relative to average drawdown | 15.72 | 14.80 | +0.92 |
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
| NANR | FNARX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.33 | 2.44 | -0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 1.00 | -0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.47 | +0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.31 | +0.33 |
Correlation
The correlation between NANR and FNARX is 0.89, 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
NANR vs. FNARX - Dividend Comparison
NANR's dividend yield for the trailing twelve months is around 1.43%, less than FNARX's 1.45% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NANR SPDR S&P North American Natural Resources ETF | 1.43% | 1.77% | 2.20% | 2.78% | 2.70% | 2.61% | 2.73% | 2.02% | 1.95% | 1.83% | 5.01% | 0.01% |
FNARX Fidelity Natural Resources Fund | 1.45% | 1.89% | 1.51% | 1.60% | 2.42% | 1.46% | 1.79% | 1.42% | 1.17% | 1.38% | 0.62% | 0.78% |
Drawdowns
NANR vs. FNARX - Drawdown Comparison
The maximum NANR drawdown since its inception was -49.15%, smaller than the maximum FNARX drawdown of -71.04%. Use the drawdown chart below to compare losses from any high point for NANR and FNARX.
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Drawdown Indicators
| NANR | FNARX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.15% | -71.04% | +21.89% |
Max Drawdown (1Y)Largest decline over 1 year | -16.17% | -16.94% | +0.77% |
Max Drawdown (5Y)Largest decline over 5 years | -26.42% | -29.93% | +3.51% |
Max Drawdown (10Y)Largest decline over 10 years | -49.15% | -64.10% | +14.95% |
Current DrawdownCurrent decline from peak | -2.66% | 0.00% | -2.66% |
Average DrawdownAverage peak-to-trough decline | -8.48% | -20.15% | +11.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.44% | 3.61% | -0.17% |
Volatility
NANR vs. FNARX - Volatility Comparison
SPDR S&P North American Natural Resources ETF (NANR) has a higher volatility of 5.37% compared to Fidelity Natural Resources Fund (FNARX) at 4.95%. This indicates that NANR's price experiences larger fluctuations and is considered to be riskier than FNARX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NANR | FNARX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.37% | 4.95% | +0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 15.56% | 14.00% | +1.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.03% | 21.75% | +1.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.10% | 25.17% | -2.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.74% | 27.08% | -3.34% |