GTEK vs GUNR
Goldman Sachs Future Tech Leaders Equity ETF vs Northern Trust Morningstar Global Upstream Natural Resources ETF
Which is better, GTEK or GUNR?
Each has led over a different period.
GUNR has a lower expense ratio. GTEK led over 1Y and 3Y, GUNR over 5Y and the full window. GTEK is less concentrated, with 30.6% of the fund in its ten largest positions against 36.9%.
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 | GTEK | GUNR |
|---|---|---|
| Expense Ratio | 0.75% | 0.46%Best |
| AUM | $193M | $6.9B |
| Dividend Yield | 0.00% | 2.30% |
| Holdings | 124 | 343 |
| YTD Return | +24.57%Best | +15.17% |
| 1Y Return | +25.16%Best | +20.93% |
| 3Y Return (annualized) | +28.00%Best | +14.19% |
| 5Y Return (annualized) | +4.00% | +9.68%Best |
| Volatility (annualized) | 27.4% | 18.5%Best |
| Max Drawdown | -53.8% | -24.1%Best |
| $10,000 over 5 years | $12,167 | $15,872Best |
| Top 10 Weight | 30.6%Best | 36.9% |
| Fund Family | Goldman Sachs Asset Management | Northern Trust Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 14, 2021 | Sep 16, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Sep 16, 2021 to Nov 11, 2026 (5.2 years).
GTEK vs GUNR 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 5.2 years both funds cover.
GTEK vs GUNR Performance
Goldman Sachs Future Tech Leaders Equity ETF (GTEK) is an ETF from Goldman Sachs Asset Management and Northern Trust Morningstar Global Upstream Natural Resources ETF (GUNR) is an ETF from Northern Trust Asset Management. Over the past year GTEK returned +25.16% while GUNR returned +20.93%. Year to date, GTEK is up 24.57% versus a gain of 15.17% for GUNR.
Over three years, GTEK compounded at +28.00% per year against +14.19% for GUNR; over five years the annualized figures are +4.00% and +9.68% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GTEK has been the more volatile fund, with annualized monthly volatility of 27.4% compared with 18.5% for GUNR. 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 -53.8% for GTEK and -24.1% for GUNR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.20. They move largely independently of each other.
Fees and Cost Over Time
GTEK charges 0.75% per year while GUNR charges 0.46%. On a $10,000 position that is $75 vs $46 annually, a gap of $29 per year that compounds over a long holding period. On income, GTEK currently yields 0.00% against 2.30% for GUNR.
Holdings Overlap
We hold position weights for 57 holdings in GTEK and 131 in GUNR, totalling 98.6% and 99.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 57 positions we hold weights for in GTEK and 131 in GUNR, against full books of 124 and 343.
What only one of them owns
Our book lists 33 positions for GUNR that do not appear in our book for GTEK (34.0% of the fund), and 27 for GTEK that do not appear in GUNR (46.0%).
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.
You are not choosing between two funds in isolation.
Whichever of GTEK and GUNR 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, GTEK or GUNR?
GTEK has an expense ratio of 0.75% while GUNR charges 0.46%. GUNR is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, GTEK or GUNR?
Over the past year GTEK returned +25.16% vs +20.93% for GUNR, so GTEK leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GTEK or GUNR?
GTEK has been the more volatile fund at 27.4% annualized versus 18.5% for GUNR. Worst drawdown: GTEK -53.8% vs GUNR -24.1%.
Should I hold both GTEK and GUNR?
GTEK and GUNR have a monthly-return correlation of 0.20, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, GTEK or GUNR?
GTEK yields 0.00% while GUNR yields 2.30%, so GUNR currently pays the higher dividend yield.
Is GUNR better than GTEK?
GUNR has a lower expense ratio. GTEK led over 1Y and 3Y, GUNR over 5Y and the full window. GTEK is less concentrated, with 30.6% of the fund in its ten largest positions against 36.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.