CUT vs GNR
Invesco MSCI Global Timber ETF against State Street SPDR S&P Global Natural Resources ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
13%
14 shared positions
Fee gap
36 bp
GNR is cheaper
1-year return gap
31.2 pts
GNR is ahead
Larger fund
GNR
$5.1B
Side by side
| CUT | GNR | |
|---|---|---|
| Fund | Invesco MSCI Global Timber ETF | State Street SPDR S&P Global Natural Resources ETF |
| Issuer | Invesco | State Street SPDR |
| Category | Natural Resources & Agriculture | Natural Resources & Agriculture |
| Expense ratio | 0.76% | 0.40% |
| Assets | $29M | $5.1B |
| Average daily dollar volume | $41K | $32M |
| Listed | Nov 9, 2007 | Sep 13, 2010 |
| FrenzyCap score | 18 | 83 |
| 1-month return | −4.8% | −3.8% |
| 3-month return | −0.5% | +9.7% |
| Year to date | −5.2% | +21.6% |
| 1-year return | −4.5% | +26.8% |
| 30-day volatility | 13.4% | 15.5% |
| Worst drawdown, 1 year | −19.6% | −11.9% |
| Trailing 12-month yield | 2.60% | 2.41% |
| Holdings | 62 | 114 |
| Top 10 weight | 49.4% | 35.9% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | +9.4% |
| Holdings above 200-day average | — | 67% |
| Net flow, latest 3 reported months | $0 thru Jul 2026 | +$9.4M thru Jun 2026 |
| 30-day implied volatility | 66.8% | 31.4% |
| Holdings as of | as of Oct 8, 2026issuer data | as of Oct 8, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
61% of CUT · 13% of GNR
Sector mix of the stock holdings
| Sector | CUT | GNR | Gap |
|---|---|---|---|
| Materials | 29.5% | 34.4% | −4.9% |
| Energy | 0.0% | 29.5% | −29.5% |
| Real Estate | 8.7% | 0.9% | +7.9% |
| Consumer Staples | 0.0% | 6.6% | −6.6% |
| Consumer Discretionary | 4.8% | 0.9% | +3.9% |
| Technology | 3.4% | 0.0% | +3.4% |
| Industrials | 0.0% | 2.5% | −2.5% |
| Financials | 0.3% | 1.6% | −1.2% |
| Communication Services | 0.0% | 0.7% | −0.7% |
| Health Care | 0.3% | 0.0% | +0.3% |
More: full overlap table · CUT holdings · GNR holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.