GUNR vs NFRA
Northern Trust Morningstar Global Upstream Natural Resources ETF vs Northern Trust STOXX Global Broad Infrastructure ETF
Which is better, GUNR or NFRA?
Each has led over a different period.
GUNR has a lower expense ratio. GUNR led over 1Y, 5Y and the full window, NFRA over 3Y. NFRA is less concentrated, with 19.1% of the fund in its ten largest positions against 37.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | GUNR | NFRA |
|---|---|---|
| Expense Ratio | 0.46%Best | 0.47% |
| AUM | $7.1B | $3.0B |
| Dividend Yield | 2.34% | 5.92% |
| Holdings | 177 | 216 |
| YTD Return | +18.23%Best | +5.81% |
| 1Y Return | +26.45%Best | +5.79% |
| 3Y Return (annualized) | +13.49% | +13.61%Best |
| 5Y Return (annualized) | +10.18%Best | +5.62% |
| Volatility (annualized) | 18.8% | 12.6%Best |
| Max Drawdown | -49.7% | -32.9%Best |
| $10,000 over 5 years | $16,237Best | $13,144 |
| Top 10 Weight | 37.3% | 19.1%Best |
| Fund Family | Northern Trust Asset Management | Northern Trust Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 16, 2011 | Oct 8, 2013 |
Volatility and max drawdown are measured over the window both funds cover: Oct 9, 2013 to Oct 15, 2026 (13 years).
GUNR vs NFRA growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 13 years both funds cover.
GUNR vs NFRA Performance
Northern Trust Morningstar Global Upstream Natural Resources ETF (GUNR) is an ETF from Northern Trust Asset Management and Northern Trust STOXX Global Broad Infrastructure ETF (NFRA) is an ETF from Northern Trust Asset Management. Over the past year GUNR returned +26.45% while NFRA returned +5.79%. Year to date, GUNR is up 18.23% versus a gain of 5.81% for NFRA.
Over three years, GUNR compounded at +13.49% per year against +13.61% for NFRA; over five years the annualized figures are +10.18% and +5.62% respectively. Across the full 13-year window we track, GUNR has the edge at +5.39% annualized vs +5.05%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GUNR has been the more volatile fund, with annualized monthly volatility of 18.8% compared with 12.6% for NFRA. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -49.7% for GUNR and -32.9% for NFRA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GUNR charges 0.46% per year while NFRA charges 0.47%. On a $10,000 position that is $46 vs $47 annually, a gap of $1 per year that compounds over a long holding period. On income, GUNR currently yields 2.34% against 5.92% for NFRA.
Holdings Overlap
4.2% of GUNR's money is in holdings NFRA also owns. 12.2% of NFRA's money is in holdings GUNR also owns.
NFRA and GUNR share little of their money.
7 positions in common, counted across the 129 positions we hold weights for in GUNR and 72 in NFRA, against full books of 177 and 216.
What only one of them owns
Our book lists 20 positions for NFRA that do not appear in our book for GUNR (29.0% of the fund), and 32 for GUNR that do not appear in NFRA (35.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in GUNR | Weight in NFRA | Difference |
|---|---|---|---|
| UU:LNUnited Utilities Group PLC Ord Gbp0.05 | 1.02% | 1.86% | 0.84% |
| SBSP3:BVCia De Saneamento Basico Do Estado De Sao Paulo | 0.80% | 1.96% | 1.16% |
| SVT:LNSevern Trent Plc | 0.80% | 1.83% | 1.03% |
| AWKAmerican Water Works Co. Inc. | 1.18% | 1.43% | 0.25% |
| CSMG3:BVCia De Saneamento De Minas Gerais-copasa | 0.14% | 1.93% | 1.79% |
| PNN:LNPennon Group Plc | 0.20% | 1.62% | 1.42% |
| 0371:HKBeijing Enterprises Water Group Ltd | 0.06% | 1.56% | 1.50% |
You are not choosing between two funds in isolation.
Whichever of GUNR and NFRA you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GUNR or NFRA?
GUNR has an expense ratio of 0.46% while NFRA charges 0.47%. GUNR is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, GUNR or NFRA?
Over the past year GUNR returned +26.45% vs +5.79% for NFRA, so GUNR leads on 1-year performance. Over the longest common window we track (13 years), GUNR annualized +5.39% vs +5.05% for NFRA. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GUNR or NFRA?
GUNR has been the more volatile fund at 18.8% annualized versus 12.6% for NFRA. Worst drawdown: GUNR -49.7% vs NFRA -32.9%.
Should I hold both GUNR and NFRA?
GUNR and NFRA have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between GUNR and NFRA?
12.2% of NFRA's money is in holdings GUNR also owns. 12.2% of NFRA's is in holdings GUNR also owns. They hold 7 positions in common, counted across the 129 positions we hold weights for in GUNR and 72 in NFRA.
Which pays a higher dividend, GUNR or NFRA?
GUNR yields 2.34% while NFRA yields 5.92%, so NFRA currently pays the higher dividend yield.
Is NFRA better than GUNR?
GUNR has a lower expense ratio. GUNR led over 1Y, 5Y and the full window, NFRA over 3Y. NFRA is less concentrated, with 19.1% of the fund in its ten largest positions against 37.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.