Northern Trust Morningstar Global Upstream Natural Resources ETF (GUNR) is a real-assets ETF. As of October 9, 2026, ETF Copilot scores GUNR 4.7 out of 10 — highest on Value (6.6), lowest on Growth (1.1). Its ten largest holdings are 37% of the fund.
What stands out in GUNR's data
A global ETF focused on upstream natural resources companies.
Its projected growth rate trails the typical real-assets fund.
Growth estimate is 10%, below the category median of 14%.
Adds exposure to the upstream natural resources sector, a diversifier for portfolios tied to commodities.
Why did GUNR move this week? It rose 1.4% in the week to October 9, 2026 — CIA de Saneamento Basico DO Estado de SAO Paulo and Shell drove it
GUNR rose 1.4% in the week to October 9, 2026. The holdings that moved it most were CIA de Saneamento Basico DO Estado de SAO Paulo (+24.2%), Shell (+5.7%) and Exxonmobil (+3.0%); Mosaic (−11.1%) pushed the other way.
How is GUNR rated? ETF Copilot scores Northern Trust Morningstar Global Upstream Natural Resources ETF (GUNR) 4.7 out of 10
As of October 9, 2026, ETF Copilot scores Northern Trust Morningstar Global Upstream Natural Resources ETF (GUNR) 4.7 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 4.7 / 10
- Growth: 1.1 / 10
- Value: 6.6 / 10
- Risk: 6.2 / 10
- Quality: 6.1 / 10
- Return: 5.3 / 10
What's inside GUNR?
What's inside GUNR: Size (Large 67%, Mid 27%, Small 6%); Geography (International 67%, US 33%).
What are GUNR's top holdings? The ten largest are 37% of the fund
Exxonmobil, BHP, Nutrien, Shell, Chevron, Archer-Daniels-Midland, Totalenergies SE, Rio Tinto, Agnico Eagle Mines and Newmont are GUNR's largest holdings, in that order.
Less concentrated than 92% of Real Assets ETFs.
Half of GUNR's weight sits in its 18 largest positions, and once those weights are taken into account it behaves like 48 equally weighted holdings.
What is GUNR's expense ratio? 0.47% a year
As of October 9, 2026, GUNR charges 0.47% a year, yields 2.29% and holds $7.0B in assets across 128 positions.
| Measure | GUNR |
|---|---|
| Expense ratio | 0.47% |
| Dividend yield | 2.29% |
| Assets under management | $7.0B |
| Holdings | 128 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Northern Trust Morningstar Global Upstream Natural Resources ETF (GUNR) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/gunr
ETF Copilot Pro unlocks GUNR's price and what each holding weighs.
Try Pro free →