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ETFs

FlexShares Global Upstream Natural Resources Index Fund

GUNR
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 16, 2011
Expense Ratio
0.46%
Type
Global Equities
Fund Owner
Flexshares (Northern Trust)
Volume (1m avg. daily)
$18,348,215
AUM
$7,285,544,540
Associated Index
Morningstar Global Upstream Natural Resources Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

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Exxon Mobil Corp.
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Shell Plc
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CVX
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RIO
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TTE
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2.77%
GLEN
Glencore plc
2.41%
Invest with GUNR

What is GUNR?

FlexShares Morningstar Global Upstream Natural Resources Index ETF seeks to provide investors exposure to the rising demand for natural resources that is being driven by globalization. It is one of the first ETFs with a balanced emphasis on the upstream portion of the natural resources supply chain, providing coverage of global companies in the energy, metals and agriculture sectors, while maintaining a core exposure to timberlands and water resources sectors.

ETFs related toGUNR

ETFs correlated to GUNR include GNR, RLY, INFL

GUNR
FlexShares Trust - FlexShares Global Upstream Natural Resources Index Fund
GNR
SSgA Active Trust - SPDR S&P Global Natural Resources ETF
RLY
SSgA Active Trust - SPDR SSgA Multi-Asset Real Return ETF
INFL
Listed Funds Trust - Horizon Kinetics Inflation Beneficiaries ETF
ICOW
Pacer Funds Trust - Pacer Developed Markets International Cash Cows 100 ETF
FYLD
Cambria Investment Management LP - Cambria Foreign Shareholder Yield ETF
GCOW
Pacer Funds Trust - Pacer Global Cash Cows Dividend ETF
PICK
BlackRock Institutional Trust Company N.A. - iShares MSCI Global Metals & Mining Producers ETF
IGE
BlackRock Institutional Trust Company N.A. - iShares North American Natural Resources ETF
AVIV
American Century ETF Trust - Avantis International Large Cap Value ETF
DFIV
Dimensional ETF Trust - Dimensional International Value ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toGUNR

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with GUNR using Composer

FAQ

GUNR is a Global Equities ETF. FlexShares Morningstar Global Upstream Natural Resources Index ETF seeks to provide investors exposure to the rising demand for natural resources that is being driven by globalization. It is one of the first ETFs with a balanced emphasis on the upstream portion of the natural resources supply chain, providing coverage of global companies in the energy, metals and agriculture sectors, while maintaining a core exposure to timberlands and water resources sectors.

GUNR tracks the Morningstar Global Upstream Natural Resources Index.

No, GUNR is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, GUNR is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on GUNR is 0.0242%. This is the percent change in the value of GUNR over the most recent 1-month period. The 3-month return on GUNR is 0.0304%. This is the percent change in the value of GUNR over the most recent 3-month period.

The standard deviation of GUNR for the past year is 0.2102%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to GUNR include PBW, IGF, and ARKK.

ETFs correlated to GUNR include GNR, RLY, and INFL.

ETFs that are inversely correlated to GUNR include OILD, ERY, and DUG.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.