SPDR S&P Global Natural Resources ETF

GNR

Market cap $3.34B

During a season when investor activity is typically in its summer doldrums, these two industry exchange-traded funds (ETFs) were hotter than July — the iShares U.S. Home Construction ETF (ITB) and the SPDR S&P Global Natural Resources ETF (GNR). Since the beginning of May, both funds have been rising to the upside.

It is always fun to root for the underdog. Who doesn't like a good Cinderella story?

Natural resources are essential for key industries and offer investment opportunities. SPDR® S&P Global Natural Resources ETF provides exposure to agriculture, energy, and metals and mining sectors. The GNR ETF offers diversified holdings, international exposure, and potential for outperformance compared to other natural resources ETFs.

To close out the year, I thought it would be interesting to see which thematic categories experienced the most inflows in 2023, demonstrating proverbially “where the puck was going.” This data, sourced from Bloomberg and VettaFi's internal data, is interesting because it does not necessarily align with performance.

The SPDR® S&P Global Natural Resources ETF is an alternative to the S&P 500 for long-term saving. GNR focuses on natural resources and offers diversified equity exposure across agribusiness, energy, and metals & mining sectors. GNR has a lower PE ratio and higher dividend yield compared to the S&P 500, potentially providing better long-term returns.