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Trending ETFs

Name

As of 04/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$58.53

$3.39 B

3.36%

$1.96

0.40%

Vitals

YTD Return

3.3%

1 yr return

2.7%

3 Yr Avg Return

8.9%

5 Yr Avg Return

8.0%

Net Assets

$3.39 B

Holdings in Top 10

33.4%

52 WEEK LOW AND HIGH

$59.6
$51.57
$60.16

Expenses

OPERATING FEES

Expense Ratio 0.40%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 11.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 04/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$58.53

$3.39 B

3.36%

$1.96

0.40%

GNR - Profile

Distributions

  • YTD Total Return 3.3%
  • 3 Yr Annualized Total Return 8.9%
  • 5 Yr Annualized Total Return 8.0%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.17%
DIVIDENDS
  • Dividend Yield 3.4%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    SPDR® S&P® Global Natural Resources ETF
  • Fund Family Name
    State Street Global Advisors - advised funds
  • Inception Date
    Sep 14, 2010
  • Shares Outstanding
    60350000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Feehily

Fund Description

In seeking to track the performance of the S&P Global Natural Resources Index(the Index), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index. Instead, the Fund may purchase a subset of the securities in the Index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the Index. The quantity of holdings in the Fund will be based on a number of factors, including asset size of the Fund. Based on its analysis of these factors, SSGA Funds Management, Inc. (SSGA FM or the Adviser), the investment adviser to the Fund, either may invest the Fund's assets in a subset of securities in the Index or may invest the Fund's assets in substantially all of the securities represented in the Index in approximately the same proportions as the Index, as determined by the Adviser to be in the best interest of the Fund in pursuing its objective.
Under normal market conditions, the Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index and in depositary receipts (including American Depositary Receipts (ADRs) or Global Depositary Receipts (GDRs)) based on securities comprising the Index. In addition, in seeking to track the Index, the Fund may invest in equity securities that are not included in the Index (including common stock, preferred stock, depositary receipts and shares of other investment companies), cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds (including money market funds advised by the
Adviser). In seeking to track the Index, the Fund's assets may be concentrated in an industry or group of industries, but only to the extent that the Index concentrates in a particular industry or group of industries. Futures contracts (a type of derivative instrument) may be used by the Fund in seeking performance that corresponds to the Index and in managing cash flows.
The Index is comprised of 90 of the largest U.S. and foreign publicly-traded companies, based on market capitalization, in the natural resources and commodities businesses (as defined below) that meet certain investability requirements. The Index component securities represent a combination of the component securities included in each of the following three sub-indices: the S&P Global Natural Resources — Agriculture Index, the S&P Global Natural Resources — Energy Index and the S&P Global Natural Resources — Metals and Mining Index. Each sub-index imposes a 40% limit on exposure to U.S. stocks and a 15% limit on exposure to emerging market stocks. The weight of each sub-index equals one-third of the total weight of the Index. Membership in the Index is based on industry sector according to the Global Industry Classification Standard (GICS®). Companies in natural resources and commodities businesses include those significantly engaged in the following industries: agricultural products and services, forest and paper products; fertilizers and agricultural chemicals; paper and plastic packing products and materials; timber real estate investment trusts (REITs); integrated oil and gas; oil and gas drilling; oil and gas exploration and production; oil and gas refining and marketing; oil and gas equipment services; coal and consumable fuels; diversified metals and mining; steel; aluminum; copper; gold; silver; and precious metals and minerals. The Index includes publicly traded companies with stock traded on a developed market exchange, float-adjusted market capitalizations of a minimum of $1 billion and at least $5 million three-month average daily value traded. All Index constituents are weighted proportionally to their float-adjusted market capitalization within each sub-index, subject to a 5% single stock cap. A company's float-adjusted market capitalization is calculated by multiplying the number of shares readily available in the market by the price of such shares. Modifications are made to the weightings, if required, to conform to requirements applicable to regulated investment companies under the Internal Revenue Code of 1986, as amended (the Internal Revenue Code), and reduce single stock concentration. The Index is reconstituted annually after the close of business on the last business day of August. In addition, rebalancings occur after the close of business on the last business day of February, May and November. As of November 30, 2023, countries represented in the Fund included Australia, Brazil, Canada, Chile, Colombia, Finland, France, Germany, Ireland, Italy, Israel, Japan, the Netherlands, Norway, Peru, Singapore, South Africa, South Korea, Spain, Sweden, the United Kingdom and the United States. As of November 30, 2023, a significant portion of the Fund comprised companies located in the United States and the United Kingdom, although this may change from time to time. As of November 30, 2023, the Index comprised 89 securities.
The Index is sponsored by S&P Dow Jones Indices LLC  (the Index Provider), which is not affiliated with the Fund or the Adviser. The Index Provider determines the composition of the Index, relative weightings of the securities in the Index and publishes information regarding the market value of the Index.
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GNR - Performance

Return Ranking - Trailing

Period GNR Return Category Return Low Category Return High Rank in Category (%)
YTD 3.3% -13.5% 21.3% 61.32%
1 Yr 2.7% -29.0% 75.5% 69.52%
3 Yr 8.9%* -13.3% 30.6% 45.19%
5 Yr 8.0%* -4.1% 23.1% 69.70%
10 Yr 4.9%* -7.3% 12.3% 57.83%

* Annualized

Return Ranking - Calendar

Period GNR Return Category Return Low Category Return High Rank in Category (%)
2023 -0.6% -13.1% 52.1% 56.19%
2022 5.7% -34.9% 34.0% 39.42%
2021 20.5% -4.9% 83.5% 76.47%
2020 -3.0% -23.4% 126.4% 79.00%
2019 11.9% -25.1% 36.9% 54.55%

Total Return Ranking - Trailing

Period GNR Return Category Return Low Category Return High Rank in Category (%)
YTD 3.3% -13.5% 21.3% 61.32%
1 Yr 2.7% -29.0% 75.5% 69.52%
3 Yr 8.9%* -13.3% 30.6% 45.19%
5 Yr 8.0%* -4.1% 23.1% 69.70%
10 Yr 4.9%* -7.3% 12.3% 57.83%

* Annualized

Total Return Ranking - Calendar

Period GNR Return Category Return Low Category Return High Rank in Category (%)
2023 2.9% -12.2% 57.6% 51.43%
2022 10.2% -32.2% 35.5% 41.35%
2021 24.7% -2.5% 83.6% 73.53%
2020 0.0% -22.2% 127.8% 79.00%
2019 16.5% -25.1% 38.7% 51.52%

GNR - Holdings

Concentration Analysis

GNR Category Low Category High GNR % Rank
Net Assets 3.39 B 1.33 M 6.25 B 4.67%
Number of Holdings 110 23 445 18.69%
Net Assets in Top 10 1.33 B 627 K 3.57 B 5.61%
Weighting of Top 10 33.38% 16.6% 77.8% 80.37%

Top 10 Holdings

  1. BHP Group Ltd 5.27%
  2. Shell PLC 4.77%
  3. TotalEnergies SE 3.76%
  4. Exxon Mobil Corp 3.73%
  5. UPM-Kymmene Oyj 3.07%
  6. Glencore PLC 2.86%
  7. Freeport-McMoRan Inc 2.58%
  8. BP PLC 2.45%
  9. Nutrien Ltd 2.45%
  10. Chevron Corp 2.44%

Asset Allocation

Weighting Return Low Return High GNR % Rank
Stocks
98.96% 0.00% 104.40% 63.55%
Cash
2.80% 0.00% 22.14% 28.04%
Other
0.03% -0.01% 21.04% 10.28%
Preferred Stocks
0.00% 0.00% 7.55% 89.72%
Convertible Bonds
0.00% 0.00% 0.43% 89.72%
Bonds
0.00% 0.00% 81.02% 90.65%

Stock Sector Breakdown

Weighting Return Low Return High GNR % Rank
Basic Materials
51.63% 2.49% 100.00% 34.58%
Energy
34.70% 0.00% 89.67% 43.93%
Consumer Cyclical
6.62% 0.00% 43.37% 14.02%
Consumer Defense
4.85% 0.00% 33.96% 30.84%
Real Estate
1.38% 0.00% 36.20% 16.82%
Industrials
0.82% 0.00% 63.67% 80.37%
Utilities
0.00% 0.00% 35.93% 96.26%
Technology
0.00% 0.00% 17.68% 95.33%
Healthcare
0.00% 0.00% 22.67% 93.46%
Financial Services
0.00% 0.00% 4.52% 93.46%
Communication Services
0.00% 0.00% 0.21% 89.72%

Stock Geographic Breakdown

Weighting Return Low Return High GNR % Rank
Non US
55.97% 0.00% 89.20% 14.02%
US
42.99% 0.00% 104.40% 75.70%

GNR - Expenses

Operational Fees

GNR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.40% 0.08% 4.45% 91.59%
Management Fee 0.40% 0.00% 1.25% 14.02%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.25% N/A

Sales Fees

GNR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

GNR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

GNR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 11.00% 4.00% 169.00% 8.05%

GNR - Distributions

Dividend Yield Analysis

GNR Category Low Category High GNR % Rank
Dividend Yield 3.36% 0.00% 12.06% 27.10%

Dividend Distribution Analysis

GNR Category Low Category High Category Mod
Dividend Distribution Frequency None Annual SemiAnnual Annual

Net Income Ratio Analysis

GNR Category Low Category High GNR % Rank
Net Income Ratio 4.17% -35.65% 6.21% 4.72%

Capital Gain Distribution Analysis

GNR Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

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GNR - Fund Manager Analysis

Managers

Michael Feehily


Start Date

Tenure

Tenure Rank

Jan 31, 2011

11.34

11.3%

Mr. Feehily, CFA, is a Managing Director of SSGA and the Adviser and Co-Head of Passive Equity Strategies in North America in the Global Equity Beta Solutions Group. In this capacity, Mr. Feehily has oversight of the North American Passive Equity teams in Boston and Montreal. In addition, Mr. Feehily is a member of the Senior Management Group. Mr. Feehily rejoined SSgA in 2010 after spending the previous four years at State Street Global Markets LLC where he helped to build the Exposure Solutions business.

Karl Schneider


Start Date

Tenure

Tenure Rank

Jan 31, 2015

7.33

7.3%

Karl Schneider, CAIA, is a Vice President of SSGA and SSGA FM, and Head of U.S. Equity Strategies for GEBS, where in addition to overseeing the management of the U.S. equity index strategies, he also serves as a portfolio manager for a number of the group's passive equity portfolios. Previously within GEBS, he served as a portfolio manager and product specialist for synthetic beta strategies, including commodities, buy/write, and hedge fund replication. Prior to joining GEBS, Mr. Schneider worked as a portfolio manager in SSGA's Currency Management Group, managing both active currency selection and traditional passive hedging overlay portfolios. He joined SSGA in 1996. Mr. Schneider holds a BS in finance and investments from Babson College and an MS in finance from Boston College. He has earned the Chartered Alternative Investment Analyst designation. Mr. Schneider is a member of the CAIA Association.

David Chin


Start Date

Tenure

Tenure Rank

Jan 03, 2017

5.41

5.4%

David Chin is a Vice President of SSGA and a Senior Portfolio Manager in the Global Equity Beta Solutions Group at SSGA. Prior to joining SSGA in 1999, Mr. Chin was a product analyst in the Analytical Services Group at Frank Russell Company. Before this, he worked at OneSource Information Systems developing investment software. Preceding this, he was affiliated with PanAgora Asset Management in the Research and Development group creating quantitative investment models for international equities. Mr. Chin has been working in the investment management field since 1992. Mr. Chin holds a Bachelor of Science in Management Information Systems from the University of Massachusetts/Boston and a Master of Business Administration from the University of Arizona.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 24.18 7.62 0.16