ETF comparison
GUNR vs XLB
Both Materials.
FlexShares Morningstar Global Upstream Natural Resources Index Fund · State Street Materials Select Sector SPDR ETF
Holdings overlap
5 positions appear in both funds. Buying equal dollars of GUNR and XLB would leave roughly 10.6% of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
XLB is 38 bps cheaper than GUNR. On a $100,000 position that's about $380/yr more in fees for GUNR.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with GUNR vs XLB.
Top shared holdings
5 shared in total| # | Holding | In GUNR | In XLB | Overlap |
|---|---|---|---|---|
| 1 | Corteva, Inc. | 5.00% | 4.75% | 4.75% |
| 2 | Newmont Corp. | 2.05% | 7.36% | 2.05% |
| 3 | CF Industries Holdings, Inc. | 1.65% | 2.54% | 1.65% |
| 4 | Freeport-McMoRan, Inc. | 1.42% | 5.26% | 1.42% |
| 5 | Mosaic Co. (The) | 0.70% | 1.01% | 0.70% |
Only in GUNR
135 total- Exxon Mobil Corp. 4.96%
- Nutrien Ltd. 4.83%
- BHP Group Ltd. 4.16%
- Shell plc 3.89%
- Chevron Corp. 3.78%
- Archer-Daniels-Midland Co. 3.25%
- TotalEnergies SE 2.87%
- Rio Tinto plc 2.24%
- Agnico Eagle Mines Ltd. 1.99%
- BP plc 1.81%
Only in XLB
22 total- Linde PLC 14.42%
- Air Products and Chemicals Inc 4.67%
- Sherwin-Williams Co/The 4.60%
- CRH PLC 4.51%
- Vulcan Materials Co 4.51%
- Martin Marietta Materials Inc 4.40%
- Nucor Corp 4.39%
- Ecolab Inc 4.29%
- Dow Inc 3.75%
- Steel Dynamics Inc 3.10%
Open GUNR or XLB at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.