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›ETF Providers›FlexShares›GUNR
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GUNR ETF · FlexShares Morningstar Global Upstream Natural Resources Index Fund ETF

The GUNR Exchange Traded Fund (ETF) is provided by FlexShares. It is built to track an index: Morningstar Global Upstream Natural Resources Index. The GUNR ETF provides physical exposure, so by buying it you actually own parts of all the 120 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update Today at 1:30 PM UTC
LIVE
CLOSED
This fund is part ofNatural Resources1M perf.+7.62%
Last price
$54.52
1M perf.
+4.91%
1M flows
-€16M
AuM
€6.41B
E/R
0.47%
Rating
ESG Consensus®
esg grade icon
GUNR
$54.52

Performance & flows

Segment for quartile rank
January 23, 2026 → April 23, 2026
0-20246810%FEBMARAPRFEBMARAPR
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GUNR
$54.82
+8.64%
Natural Resources
+4.72%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
+4.91%
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+8.64%
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+49.13%
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+40.80%
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+74.04%
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-0.04%
-0.04%
+19.83%
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Flows

Key fund info

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This ETF's jurisdiction country is not in your region (Europe and Middle East) Â· 
Main characteristics
CUSIP
33939L407
ISIN
US33939L4077
AuM
€6.41B
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E/R
0.47%
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Replication rating
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ESG Consensus®
esg grade icon
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More details
NAV
4/23/2026
$54.82
1D NAV change
-0.11%
Dividend policy
Replication method
Direct (Physical)
Replication model
Optimized sampling
No. of holdings
120
Inception date
9/16/2011
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Benchmark
Morningstar Global Upstream Natural Resources Index
Asset class
Factors
N/A
Investment strategy
FlexShares Morningstar® Global Upstream Natural Resources Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Morningstar® Global Upstream Natural Resources IndexTM (Underlying Index).
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

Segment for quartile rank

Historical risk/return profile

3M1Y3Y5Y
Returns
+8.64%
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+49.13%
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+40.80%
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+74.04%
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Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

Countries
USA
33.89%
Canada
18.33%
United Kingdom
11.12%
Australia
5.87%
Norway
3.76%
Brazil
3.58%
France
2.85%
Saudi Arabia
2.15%
Unavailable
2.76%
Other
15.70%
Sectors
Materials
44.23%
Energy
32.78%
Consumer Staples
9.67%
Utilities
4.84%
Industrials
1.82%
Real Estate
1.02%
Unavailable
5.65%
Diversification
Total weight of top 15 holdings out of 120
Top 15 holdings
Data as of March 31, 2026
EXXON
CORTEVA INC
NUTRIEN LTD
SHELL PLC
CHEVRON TEXACO
BHP GROUP LTD
ARCHER DANIELS
TOTALENERGIES SE
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AGNICO EAGLE MINES LTD
RIO TINTO
NEWMONT CORP
BP
TYSON FOODS
CF INDUSTRIES HOLDINGS
CONOCOPHILLIPS
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More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria
No
SDG

ESG Consensus® by Conser

Data as of February 27, 2026
Methodology

Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about GUNR ETF's sustainability, based on their methodology.

Learn more about Conser

ESG Consensus®
esg grade icon

ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.


GUNR’s has a Final Sustainability Grade of either C+, C, C-, or D.

This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight Enterprise
Holdings review
34.78% of holdings have positive scoring
67.70% of holdings have negative scoring
12.36%
18.33%
8.84%
35.25%
23.60%
Consensus levels
Strong
Medium
Weak
More sustainability metrics are available, exclusively in Trackinsight Enterprise

Replication

Trackinsight replication rating:
1-year trailing difference
As of March 31, 2026
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GUNR
N/A
Replication quality
Calculated over 12m, as of March 31, 2026
Tracking error
Tracking difference
1-year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Replication information
Index
Index ticker
Index dividend policy
Replication method
Replication model

Issuer

FlexShares
FlexShares ID Card
Number of funds
36
Total AuM
€22.98B
Expense ratio range
0.09% - 0.58%
Average expense ratio
0.2633%

Frequently asked questions about GUNR

What does FlexShares Morningstar Global Upstream Natural Resources Index Fund ETF, GUNR, invest in?

GUNR is a Passive ETF. This ETF provides exposure to Equities.

Which benchmark or index does GUNR replicate?

GUNR tracks the Morningstar Global Upstream Natural Resources Total Return Index - USD, through a optimized sampling replication method.

What is the Total Expense ratio (TER) of GUNR?

GUNR carries a total expense ratio (TER) of 0.47%, indicating the annual cost for holding the fund.

When was GUNR launched?

GUNR was introduced to the market on September 16, 2011. It trades on United States

Who is the ETF issuer of GUNR?

FlexShares Morningstar Global Upstream Natural Resources Index Fund ETF, GUNR, is provided by FlexShares. Learn more about FlexShares here.

What is the current assets under management (AUM) of GUNR?

GUNR oversees €6.41B in assets as of April 23, 2026.

How has GUNR performed lately?

Based on data from April 23, 2026, GUNR returned 4.91% over the past month, 8.64% over the last three months and 19.83% year-to-date.

What are the latest inflows or outflows for GUNR?

As of April 23, 2026, GUNR recorded net flows of -€16M over the last month and +€507M year-to-date.

Does GUNR distribute dividends?

GUNR follows a distributing dividend policy, meaning it pays out income to investors. As of April 23, 2026, its 12-month trailing yield was 2.23%.

What are the main country or region exposures of GUNR?

As of March 31, 2026, GUNR has significant geographic allocations in USA, Canada and United Kingdom.

In which sector or theme does GUNR invest in?

As of March 31, 2026, GUNR focuses largely on Materials, Energy and Consumer Staples.

How many securities does GUNR hold and how diversified is it?

As of March 31, 2026, GUNR holds 120 positions in its portfolio, with 46.02% of assets concentrated in its top 15 holdings.

What are the main positions in GUNR?

As of March 31, 2026, GUNR top three holdings include EXXON, CORTEVA INC and NUTRIEN LTD.

What is the base currency of GUNR?

The base currency of GUNR is USD.

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