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Trending ETFs

Name

As of 05/20/2024

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

$43.46

$6.25 B

1.46%

$0.64

0.47%

Vitals

YTD Return

6.6%

1 yr return

11.0%

3 Yr Avg Return

7.7%

5 Yr Avg Return

10.5%

Net Assets

$6.25 B

Holdings in Top 10

36.9%

52 WEEK LOW AND HIGH

$43.4
$37.61
$43.46

Expenses

OPERATING FEES

Expense Ratio 0.47%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 29.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 05/20/2024

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

$43.46

$6.25 B

1.46%

$0.64

0.47%

GUNR - Profile

Distributions

  • YTD Total Return 6.6%
  • 3 Yr Annualized Total Return 7.7%
  • 5 Yr Annualized Total Return 10.5%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 1.5%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    FlexShares Morningstar Global Upstream Natural Resources Index Fund
  • Fund Family Name
    Flexshares Trust
  • Inception Date
    Sep 16, 2011
  • Shares Outstanding
    188900001
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Robert Anstine

Fund Description

The Underlying Index is designed to reflect the performance of a selection of equity securities that are traded in or are issued by companies classified as developed or emerging markets (including the U.S.), as determined by Morningstar, Inc. (the “Index Provider”) pursuant to its index methodology. To be eligible for inclusion in the Underlying Index, a security must be issued by a company that has significant economic interests in one of the following natural resource categories: energy, agriculture, precious or industrial metals, timber or water, as determined by the Index Provider pursuant to its index methodology (collectively, the “Natural Resources sector”). Securities determined to be within the Natural Resources sector are then excluded from the Underlying Index if (i) they have an average daily traded value of less than $1 million or (ii) for securities within the energy, agriculture or precious or industrial metals categories of the Natural Resources sector, they have a full market capitalization of less than $1 billion, or for securities within the timber or water categories of the Natural Resources sector, they have a full market capitalization of less than $500 million. Securities within the
Underlying Index are then weighted based on their float-adjusted market capitalization within each category of the Natural Resources sector, and weight caps are applied to limit exposure to any particular category within the Natural Resources sector, any individual security, the U.S. and emerging markets.
As of December 31, 2023, the Underlying Index was comprised of 120 issues with market capitalizations ranging from $959 million to $2.1 trillion. The Underlying Index is reconstituted on a semi-annual basis and is rebalanced quarterly. The Fund generally rebalances and reconstitutes its portfolio in accordance with the Underlying Index.
NTI uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.
NTI uses a representative sampling strategy to manage the Fund. “Representative sampling” is investing in a representative sample of securities that collectively has an investment profile similar to the Underlying Index. The Fund may or may not hold all of the securities that are included in the Underlying Index. The Fund reserves the right to invest in substantially all of the securities in its Underlying Index in approximately the same proportions (i.e., replication) if NTI determines that it is in the best interest of the Fund.
Under normal circumstances, the Fund will invest at least 80% of its total assets (exclusive of collateral held from securities lending) in the securities of the Underlying Index and in American Depositary Receipts (“ADRs”) and Global Depositary Receipts (“GDRs”) (collectively “Depositary Receipts”) based on the securities in the Underlying Index. The Fund may also invest up to 20% of its assets in cash and cash equivalents, including shares of money market funds advised by NTI or its affiliates, futures contracts, options on futures contracts and forward currency contracts, as well as securities not included in the Underlying Index, but which NTI believes will help the Fund track its Underlying Index.
The Underlying Index is sponsored by the Index Provider, an organization that is independent of the Fund and NTI. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.
The Fund may lend securities representing up to one-third of the value of the Fund’s total assets (including the value of the collateral received).
From time to time the Fund may focus its investments (i.e.,invest more than 15% of its total assets) in one or more particular countries or geographic regions. As of December 31, 2023, the Fund focused its investments in the United States, the United Kingdom, Canada, Australia and Norway.
Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. As of December 31, 2023, the Underlying Index was concentrated in the Natural Resources sector. The components of the Underlying Index, and the degree to which these components represent certain industries or sectors, may change over time.
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GUNR - Performance

Return Ranking - Trailing

Period GUNR Return Category Return Low Category Return High Rank in Category (%)
YTD 6.6% -11.4% 37.9% 79.05%
1 Yr 11.0% -28.4% 90.8% 82.69%
3 Yr 7.7%* -12.1% 27.5% 49.51%
5 Yr 10.5%* -0.4% 27.4% 68.37%
10 Yr 5.3%* -7.2% 13.3% 52.44%

* Annualized

Return Ranking - Calendar

Period GUNR Return Category Return Low Category Return High Rank in Category (%)
2023 -5.8% -13.1% 52.1% 67.31%
2022 10.1% -34.9% 34.0% 36.89%
2021 21.4% -4.9% 83.5% 73.27%
2020 -3.0% -23.4% 126.4% 77.78%
2019 14.5% -25.1% 36.9% 34.69%

Total Return Ranking - Trailing

Period GUNR Return Category Return Low Category Return High Rank in Category (%)
YTD 6.6% -11.4% 37.9% 79.05%
1 Yr 11.0% -28.4% 90.8% 82.69%
3 Yr 7.7%* -12.1% 27.5% 49.51%
5 Yr 10.5%* -0.4% 27.4% 68.37%
10 Yr 5.3%* -7.2% 13.3% 52.44%

* Annualized

Total Return Ranking - Calendar

Period GUNR Return Category Return Low Category Return High Rank in Category (%)
2023 -2.4% -12.2% 57.6% 75.00%
2022 14.9% -32.2% 35.5% 37.86%
2021 26.1% -2.5% 83.6% 56.44%
2020 0.5% -22.2% 127.8% 77.78%
2019 18.4% -25.1% 38.7% 35.71%

GUNR - Holdings

Concentration Analysis

GUNR Category Low Category High GUNR % Rank
Net Assets 6.25 B 1.33 M 6.25 B 0.95%
Number of Holdings 187 25 445 3.81%
Net Assets in Top 10 2.36 B 512 K 3.57 B 1.90%
Weighting of Top 10 36.93% 16.6% 76.7% 79.05%

Top 10 Holdings

  1. Exxon Mobil Corp. 5.21%
  2. BHP Group Ltd. 5.05%
  3. Nutrien Ltd. 4.25%
  4. Shell plc 4.02%
  5. Corteva, Inc. 3.64%
  6. Archer-Daniels-Midland Co. 3.30%
  7. Chevron Corp. 3.23%
  8. Rio Tinto plc 3.18%
  9. TotalEnergies SE 2.89%
  10. Vale SA 2.16%

Asset Allocation

Weighting Return Low Return High GUNR % Rank
Stocks
99.33% 0.00% 101.45% 54.29%
Other
3.18% -0.01% 21.04% 1.90%
Bonds
0.88% 0.00% 81.02% 2.86%
Cash
0.51% 0.00% 22.14% 76.19%
Preferred Stocks
0.00% 0.00% 6.94% 84.76%
Convertible Bonds
0.00% 0.00% 0.43% 85.71%

Stock Sector Breakdown

Weighting Return Low Return High GUNR % Rank
Basic Materials
45.99% 2.49% 100.00% 37.14%
Energy
32.74% 0.00% 89.67% 53.33%
Consumer Defense
14.91% 0.00% 33.96% 3.81%
Utilities
3.36% 0.00% 35.93% 20.95%
Industrials
1.90% 0.00% 63.67% 76.19%
Real Estate
1.09% 0.00% 36.20% 18.10%
Technology
0.00% 0.00% 17.68% 90.48%
Healthcare
0.00% 0.00% 22.67% 90.48%
Financial Services
0.00% 0.00% 4.52% 82.86%
Communication Services
0.00% 0.00% 0.21% 82.86%
Consumer Cyclical
0.00% 0.00% 43.37% 95.24%

Stock Geographic Breakdown

Weighting Return Low Return High GUNR % Rank
Non US
64.01% 0.00% 89.20% 5.71%
US
35.32% 0.00% 100.01% 93.33%

Bond Sector Breakdown

Weighting Return Low Return High GUNR % Rank
Cash & Equivalents
0.51% 0.00% 100.00% 67.62%
Derivative
0.01% -0.10% 0.51% 8.57%
Securitized
0.00% 0.00% 0.00% 82.18%
Corporate
0.00% 0.00% 96.42% 87.13%
Municipal
0.00% 0.00% 0.00% 82.18%
Government
0.00% 0.00% 91.38% 82.18%

Bond Geographic Breakdown

Weighting Return Low Return High GUNR % Rank
US
0.88% 0.00% 81.02% 2.86%
Non US
0.00% 0.00% 2.30% 82.86%

GUNR - Expenses

Operational Fees

GUNR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.47% 0.08% 4.45% 84.76%
Management Fee 0.46% 0.00% 1.25% 18.10%
12b-1 Fee 0.00% 0.00% 1.00% 14.89%
Administrative Fee N/A 0.03% 0.25% N/A

Sales Fees

GUNR 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

GUNR 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.

GUNR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 29.00% 4.00% 169.00% 31.40%

GUNR - Distributions

Dividend Yield Analysis

GUNR Category Low Category High GUNR % Rank
Dividend Yield 1.46% 0.00% 12.19% 20.95%

Dividend Distribution Analysis

GUNR Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Monthly Annual

Net Income Ratio Analysis

GUNR Category Low Category High GUNR % Rank
Net Income Ratio N/A -35.65% 6.21% 7.89%

Capital Gain Distribution Analysis

GUNR Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

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GUNR - Fund Manager Analysis

Managers

Robert Anstine


Start Date

Tenure

Tenure Rank

Oct 31, 2013

8.59

8.6%

Robert Anstine is Vice President of NTI. Mr. Anstine joined NTI in 2011 and is responsible for managing various global index equity portfolios. In addition, he has been involved with the investment management of the FlexShares equity index funds since their inception. Prior to joining NTI and since 2007, Mr. Anstine worked at Northern Trust as an operations manager.

Brendan Sullivan


Start Date

Tenure

Tenure Rank

Jun 21, 2016

5.95

6.0%

Brendan Sullivan is a Vice President of Northern Trust Investments Inc. Mr. Sullivan joined NTI in 2012 and is a Senior Portfolio Manager responsible for the management of international equity index portfolios, overlay mandates and equity exchange-traded funds. Prior to joining NTI in May 2012, Mr. Sullivan was an Index Strategist at RBC Capital Markets, where he produced research and advised clients on implementing strategies around index events.

Volter Bagriy


Start Date

Tenure

Tenure Rank

Mar 01, 2021

1.25

1.3%

Mr. Bagriy joined Northern Trust Investments, Inc. in 2014 and serves as a portfolio manager on the Global Index team.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 24.18 7.63 0.54