GNR - SPDR S&P Global Natural Resources ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
47.30
-0.11 (-0.23%)
At close: 4:00PM EDT
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Previous Close47.41
Open47.42
Bid42.00 x 800
Ask47.32 x 900
Day's Range47.18 - 47.45
52 Week Range39.44 - 53.32
Volume23,504
Avg. Volume107,885
Net Assets1.23B
NAV47.29
PE Ratio (TTM)N/A
Yield3.13%
YTD Return14.63%
Beta (3Y Monthly)1.00
Expense Ratio (net)0.40%
Inception Date2010-09-13
Trade prices are not sourced from all markets
  • How Vale’s Valuation Multiples Look
    Market Realist4 months ago

    How Vale’s Valuation Multiples Look

    Currently, Vale (VALE) is trading at a forward EV-to-EBITDA multiple of 4.9x, which is a discount of 23% to its past five-year average multiple. Diversified miners (GNR) Rio Tinto (RIO) and BHP Billiton (BHP) are trading at similar multiples of 5.5x and 6.1x, respectively.

  • ETF Trends5 months ago

    Another Way to Fight Inflation

    Investors looking to protect portfolios against inflation often turn to Treasury Inflation Protection Securities (TIPS), but there are other ways to buffer a portfolio against rising consumer prices. Hard assets often perform well when inflationary pressures rise, a scenario that could benefit equity-based exchange traded funds such as the SPDR S&P North American Natural Resources ETF (NANR). NANR tracks the S&P BMI North American Natural Resources Index, which is a subset of the S&P Global Large MidCap Commodity and Natural Resources Index, according to State Street Global Advisors (SSgA), the third-largest U.S. ETF issuer.

  • ETF Trends10 months ago

    Late Cycle ETF Ideas: NANR and GNR

    On a historical basis, cyclical sectors, including materials, have been solid performers in the latter stages of the business cycle. That could spell opportunity with exchange traded funds, such as the ...

  • Why Iron Ore Port Inventories Barely Budged from Record Highs
    Market Realist10 months ago

    Why Iron Ore Port Inventories Barely Budged from Record Highs

    In this article, we’ll look at China’s iron ore port inventories and what they suggest for iron ore prices. The inventories at port reflect the difference between demand and supply. Usually, if iron ore isn’t used up by steel mills, it piles up at ports. Therefore, increasing inventories reflect weak demand and vice versa.

  • Iron Ore Inventories Stay Near Record Highs: Could Prices Cave?
    Market Realist11 months ago

    Iron Ore Inventories Stay Near Record Highs: Could Prices Cave?

    In this article, we’ll look at China’s iron ore port inventories and what they suggest for iron ore prices. These inventories reflect the difference between demand and supply. Usually, if iron ore isn’t used up by steel mills, it piles up at ports. Therefore, increasing inventories reflect weak demand, and vice versa.

  • Is a Valuation Rerating in the Cards for Vale Stock?
    Market Realist11 months ago

    Is a Valuation Rerating in the Cards for Vale Stock?

    Vale’s CFO, Luciano Siani Pires, said during Vale Day on December 6 that the company deserves a rerating of its valuation. Diversified miners (GNR) Rio Tinto (RIO) and BHP Billiton (BHP) are trading at similar multiples of 6.3x and 6.6x, respectively.

  • Iron Ore Inventories Ease Slightly But Not Enough to Support Prices
    Market Realistlast year

    Iron Ore Inventories Ease Slightly But Not Enough to Support Prices

    Iron ore port inventories in China reflect the balance between demand and supply. Usually, if iron ore isn’t used up by steel mills, it piles up at ports. Because this indicator helps provide a sense of the direction of iron ore prices, it’s important to track.