FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR)

FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) — real-assets ETF. Analyze it on ETF Copilot.

Global upstream natural resources, focused on inflation-hedging commodities.

A focused play on commodity-driven growth, built on upstream resource exposure.

35% of GUNR is its ten largest holdings.

Less concentrated than 96% of Thematic - Real Assets ETFs.

What's inside GUNR: Size (Large 65%, Mid 27%, Small 8%); Geography (International 63%, US 37%).

Half of GUNR's weight sits in its 19 largest positions, and once those weights are taken into account it behaves like 48 equally weighted holdings.

GUNR is ranked #5 of 10 in ETF Copilot's Real Assets list.

As of August 25, 2026, ETF Copilot scores FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) 5.9 out of 10 overall.

Updated August 25, 2026

ETF Copilot scores (0–10 scale, higher is better):

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