GUNRvsXLB

FlexShares Morningstar Global Upstream Natural Resources ETF or State Street Materials Select Sector SPDR ETF, side by side from their own SEC filings. 11% of their stock holdings are the same at the same weight, across 5 stocks in both. XLB costs 0.08% a year against 0.46% for GUNR, $38 a year less on $10,000. Over the last twelve months GUNR returned +32.7% and XLB +17.9%.

11%of the two portfolios is the same stocks at the same weight
GUNR11% in stocks the other holds too
XLB19% in stocks the other holds too
stocks in bothstocks only in that fundbonds, cash and unmatched shares

The two funds

From each fund's latest N-PORT filing and its prospectus.

GUNRXLBYearly cost0.46%0.08%Net assets$7.2B$8.2BPositions19431Last 12 months+32.7%+17.9%3 years, a year+10.6%+9.1%5 years, a year+10.8%+6.4%Largest holdingXOM 5.1%LIN 14.1%Main sectorBasic Materials 31%Basic Materials 100%Holdings as ofJul 31, 2026Jun 30, 2026

Returns are total returns with dividends reinvested, from the funds’ own monthly figures; “(price)” marks a fund whose filing record is younger than a year, whose twelve months are its price change. The stronger figure in each row is set in bold. Past returns say what happened, not what will.

Growth of $100

Both funds from August 2019, the first month both report, dividends reinvested.

GUNR$194XLB$200
August 2019June 2026

What they both hold

5 stocks are in both funds: 11% of GUNR and 19% of XLB. The biggest shared positions:

Stockin GUNRin XLB
CTVA4.9%5.0%NEM1.9%5.8%CF1.8%2.2%FCX1.5%5.3%MOS0.7%0.9%

Only in GUNR

Its biggest stocks the other fund does not hold.

  1. XOMExxon Mobil Corporation5.1%
  2. BHPBHP Group Limited4.6%
  3. NTRNutrien Ltd.4.3%
  4. SHELShell plc3.8%
  5. CVXChevron Corporation3.7%
  6. ADMArcher Daniels Midland3.2%

Only in XLB

Its biggest stocks the other fund does not hold.

  1. LINLinde plc14.1%
  2. SHWSherwin-Williams4.9%
  3. ECLEcolab4.7%
  4. VMCVulcan Materials Company4.7%
  5. CRHCRH plc4.7%
  6. APDAir Products4.6%

More comparisons

GUNR vs VDEGUNR vs XLEBBCA vs GUNRGUNR vs HDVNOBL vs XLBPAVE vs XLBVOE vs XLBSPYD vs XLB

From each fund’s Form N-PORT (GUNR: July 2026, XLB: June 2026) and prospectus, via the SEC’s public data sets. Overlap counts only the stocks we can match to a listing: stock by stock, the smaller of the two weights, added up.