It is not just GUNR’s oil exposure that is helping the ETF outpace rival funds. When GUNR’s mining holdings are discussed, that conversation does not end with stocks like Freeport-McMoRan. Rather GUNR’s offers exposure to 15 gold, silver and other precious metals mining names. That does not mean GUNR should be confused with a traditional gold miners ETF, but it does show the fund is a way for conservative investors to participate in further upside for the suddenly high-flying precious metals miners. [Gold Miners ETFs Crosses 50-Day Moving Average for First Time in 9 Months]
GUNR, which has 122 holdings, has a P/E ratio of 16.84 and a price-to-cash-flow ratio of 10.4, according to issuer data.
FlexShares Morningstar Global Upstream Natural Resources ETF
ETF Trends editorial team contributed to this post.