FlexShares Global Upstream Natural Resources Index Fund
Snapshot*
Top 10 Holdings
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
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
Follow the Global Trend
Create your own algorithmic trading strategy with GUNR using Composer
News Related to GUNR
JPMorgan's Mining Stock Picks For A 'V-Shaped Recovery,' Analyst Sees 50% Returns Over Two Years
Apr 9, 2025 • by Surbhi Jain
Miners Urge Chile To Cut Bureaucracy Before Country Loses Copper Leadership
Apr 9, 2025 • by Stjepan Kalinic
Reuters Reported BHP Considered Spinning Off Iron Ore, Coal Divisions
Apr 2, 2025 • by Benzinga NewsdeskTrump's Copper Tariffs Might Come Sooner Rather Than Later, Insiders Warn
Mar 26, 2025 • by Stjepan Kalinic
FAQ
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.