GNR vs SCHD
State Street SPDR S&P Global Natural Resources ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. GNR delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | GNR | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.40% | 0.06% | |
| AUM | $4.7B | $103.7B | |
| Dividend Yield | 2.71% | 3.31% | |
| Holdings | 115 | 104 | |
| YTD Return | +20.33% | +25.33% | |
| 1Y Return | +39.40% | +32.31% | |
| 3Y Return (annualized) | +13.97% | +15.40% | |
| 5Y Return (annualized) | +11.23% | +9.70% | |
| Volatility (annualized) | 19.6% | 13.6% | |
| Max Drawdown | -60.6% | -33.4% | |
| Fund Family | SPDR State Street Global Advisors | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Sep 13, 2010 | Oct 20, 2011 |
GNR vs SCHD Performance
State Street SPDR S&P Global Natural Resources ETF (GNR) is a ETF from SPDR State Street Global Advisors and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year GNR returned +39.40% while SCHD returned +32.31%. Year to date, GNR is up 20.33% versus a gain of 25.33% for SCHD.
Over three years, GNR compounded at +13.97% per year against +15.40% for SCHD; over five years the annualized figures are +11.23% and +9.70% respectively. Across the full 15-year window we track, SCHD has the edge at +11.45% annualized vs +3.84%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GNR has been the more volatile fund, with annualized monthly volatility of 19.6% compared with 13.6% for SCHD. 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 -60.6% for GNR and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
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
GNR charges 0.40% per year while SCHD charges 0.06%. On a $10,000 position that is $40 vs $6 annually, a gap of $34 per year that compounds over a long holding period. On income, GNR currently yields 2.71% against 3.31% for SCHD.
Holdings Overlap
GNR and SCHD share 6 holdings out of 185 unique holdings combined, representing a 4.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GNR or SCHD?
GNR has an expense ratio of 0.40% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $34 per year of difference.
Which performed better, GNR or SCHD?
Over the past year GNR returned +39.40% vs +32.31% for SCHD, so GNR leads on 1-year performance. Over the longest common window we track (15 years), GNR annualized +3.84% vs +11.45% for SCHD. Past performance does not guarantee future results.
Which is riskier, GNR or SCHD?
GNR has been the more volatile fund at 19.6% annualized versus 13.6% for SCHD. Worst drawdown: GNR -60.6% vs SCHD -33.4%.
Should I hold both GNR and SCHD?
GNR and SCHD have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GNR and SCHD?
GNR and SCHD share 6 common holdings with a 4.9% weight overlap. Combined, they hold 185 unique securities.
Which pays a higher dividend, GNR or SCHD?
GNR yields 2.71% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.