GUNR vs IVV
FlexShares Morningstar Global Upstream Natural Resources Index Fund vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. GUNR delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | GUNR | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.46% | 0.03% | |
| AUM | $6.9B | $907.0B | |
| Dividend Yield | 2.33% | 1.10% | |
| Holdings | 177 | 508 | |
| YTD Return | +23.49% | +12.71% | |
| 1Y Return | +39.55% | +21.89% | |
| 3Y Return (annualized) | +15.91% | +22.08% | |
| 5Y Return (annualized) | +13.24% | +12.96% | |
| Volatility (annualized) | 18.6% | 15.1% | |
| Max Drawdown | -49.7% | -56.5% | |
| Fund Family | Flexshares Trust | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Sep 16, 2011 | May 15, 2000 |
GUNR vs IVV Performance
FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) is a ETF from Flexshares Trust and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year GUNR returned +39.55% while IVV returned +21.89%. Year to date, GUNR is up 23.49% versus a gain of 12.71% for IVV.
Over three years, GUNR compounded at +15.91% per year against +22.08% for IVV; over five years the annualized figures are +13.24% and +12.96% respectively. Across the full 15-year window we track, IVV has the edge at +7.00% annualized vs +5.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GUNR has been the more volatile fund, with annualized monthly volatility of 18.6% compared with 15.1% for IVV. 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 -56.5% for IVV. 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 0.66. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GUNR charges 0.46% per year while IVV charges 0.03%. On a $10,000 position that is $46 vs $3 annually, a gap of $43 per year that compounds over a long holding period. On income, GUNR currently yields 2.33% against 1.10% for IVV.
Holdings Overlap
GUNR and IVV share 20 holdings out of 615 unique holdings combined, representing a 2.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GUNR or IVV?
GUNR has an expense ratio of 0.46% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $43 per year of difference.
Which performed better, GUNR or IVV?
Over the past year GUNR returned +39.55% vs +21.89% for IVV, so GUNR leads on 1-year performance. Over the longest common window we track (15 years), GUNR annualized +5.04% vs +7.00% for IVV. Past performance does not guarantee future results.
Which is riskier, GUNR or IVV?
GUNR has been the more volatile fund at 18.6% annualized versus 15.1% for IVV. Worst drawdown: GUNR -49.7% vs IVV -56.5%.
Should I hold both GUNR and IVV?
GUNR and IVV have a monthly-return correlation of 0.66, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GUNR and IVV?
GUNR and IVV share 20 common holdings with a 2.8% weight overlap. Combined, they hold 615 unique securities.
Which pays a higher dividend, GUNR or IVV?
GUNR yields 2.33% while IVV yields 1.10%, so GUNR currently pays the higher dividend yield.
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