GUNR vs JQUA

Comparison between FLEXSHARES MORNINGSTAR GLOBAL UPSTREAM NATURAL RESOURCES INDEX FUND (GUNR, ETF) and JPMORGAN U.S. QUALITY FACTOR ETF (JQUA, ETF).

5-Year PerformanceJQUA has outperformed GUNR, delivering a return of +13.3% compared to +11.2%

GUNR vs JQUA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GUNR(ETF)	JQUA(ETF)
Net Assets	$7.50B	$7.50B
Expense Ratio	0.46%	0.12%
Max Drawdown	49.68%	32.92%
Sharpe Ratio	2.47	1.17
5Y Beta	0.56	0.84
P/E Ratio	N/A	25.28
Forward P/E	N/A	19.19
PEG Ratio	N/A	0.31
5Y Dividends CAGR	5.36%	7.25%
5Y EPS CAGR	N/A	20.39%
Debt to Equity	N/A	0.88%
P/S Ratio	N/A	3.48
P/B Ratio	N/A	5.59

Net Assets

GUNR

$7.50B

JQUA

$7.50B

Expense Ratio

GUNR

0.46%

Winner

JQUA

0.12%

Max Drawdown

GUNR

49.68%

Winner

JQUA

32.92%

Sharpe Ratio

Winner

GUNR

2.47

JQUA

1.17

5Y Beta

Winner

GUNR

0.56

JQUA

0.84

P/E Ratio

GUNR

N/A

JQUA

25.28

Forward P/E

GUNR

N/A

JQUA

19.19

PEG Ratio

GUNR

N/A

JQUA

0.31

5Y Dividends CAGR

GUNR

5.36%

Winner

JQUA

7.25%

5Y EPS CAGR

GUNR

N/A

JQUA

20.39%

Debt to Equity

GUNR

N/A

JQUA

0.88%

P/S Ratio

GUNR

N/A

JQUA

3.48

P/B Ratio

GUNR

N/A

JQUA

5.59

GUNR vs JQUA - Holdings Comparison

GUNR and JQUA have 7 common holdings. Overlap is 3.04%

GUNR's top 25 holdings weight is 60.33%. JQUA's top 25 holdings weight is 33.89%.

Rank	GUNR	JQUA
#1	CORTEVA INC (CTVA) - 5.17%	ALPHABET INC CLASS A (GOOGL) - 2.34%
#2	EXXON MOBIL CORP (XOM) - 4.97%	BROADCOM INC (AVGO) - 2.13%
#3	NUTRIEN LTD (n/a) - 4.92%	APPLE INC (AAPL) - 2.08%
#4	BHP GROUP LTD (n/a) - 4.23%	NVIDIA CORP (NVDA) - 1.99%
#5	SHELL PLC (n/a) - 3.86%	MICRON TECHNOLOGY INC (MU) - 1.97%
#6	CHEVRON CORP (CVX) - 3.76%	EXXON MOBIL CORP (XOM) - 1.88%
#7	ARCHER-DANIELS-MIDLAND CO (ADM) - 3.45%	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.72%
#8	TOTALENERGIES SE (TTE:XPAR) - 2.86%	META PLATFORMS INC CLASS A (META) - 1.68%
#9	RIO TINTO PLC ORDINARY SHARES (n/a) - 2.24%	MICROSOFT CORP (MSFT) - 1.66%
#10	NEWMONT CORP (NEM) - 2.01%	JOHNSON & JOHNSON (JNJ) - 1.65%
#11	AGNICO EAGLE MINES LTD (AEM) - 1.90%	VISA INC CLASS A (V) - 1.64%
#12	TYSON FOODS INC CLASS A (TSN) - 1.87%	ADVANCED MICRO DEVICES INC (AMD) - 1.62%
#13	BP PLC (n/a) - 1.77%	COSTCO WHOLESALE CORP (COST) - 1.43%
#14	CF INDUSTRIES HOLDINGS INC (CF) - 1.70%	CISCO SYSTEMS INC (CSCO) - 1.24%
#15	BUNGE GLOBAL SA (BG) - 1.69%	MASTERCARD INC CLASS A (MA) - 1.22%
#16	CONOCOPHILLIPS (COP) - 1.58%	LAM RESEARCH CORP (LRCX) - 1.22%
#17	CANADIAN NATURAL RESOURCES LTD (CNQ) - 1.46%	ABBVIE INC (ABBV) - 1.15%
#18	GLENCORE PLC (n/a) - 1.45%	APPLIED MATERIALS INC (AMAT) - 1.14%
#19	INDUSTRIES QATAR QSC (n/a) - 1.45%	PROCTER & GAMBLE CO (PG) - 1.12%
#20	FREEPORT-MCMORAN INC (FCX) - 1.42%	GE VERNOVA INC (GEV) - 1.08%
#21	MOWI ASA (n/a) - 1.39%	ROSS STORES INC (ROST) - 0.40%
#22	BARRICK MINING CORP (n/a) - 1.35%	O'REILLY AUTOMOTIVE INC (ORLY) - 0.39%
#23	YARA INTERNATIONAL ASA (n/a) - 1.31%	PROGRESSIVE CORP (PGR) - 0.38%
#24	SUNCOR ENERGY INC (SU) - 1.30%	ILLINOIS TOOL WORKS INC (ITW) - 0.38%
#25	VALE SA (n/a) - 1.22%	MARSH (MRSH) - 0.38%
Total Holdings	168	254

GUNR vs JQUA - Historical Returns

Returns include dividend reinvestment.

Period	GUNR	JQUA
1 month	-0.04%	+6.60%
3 months	+5.22%	+6.95%
6 months	+26.75%	+10.21%
1 year	+47.06%	+17.29%
5 years(CAGR)	+11.17%	+13.34%
10 years(CAGR)	+11.83%	+14.26%
Max(CAGR)	+6.74%	+14.26%

GUNR

-0.04%

Winner

JQUA

+6.60%

GUNR

+5.22%

Winner

JQUA

+6.95%

Winner

GUNR

+26.75%

JQUA

+10.21%

Winner

GUNR

+47.06%

JQUA

+17.29%

5Y(CAGR)

GUNR

+11.17%

Winner

JQUA

+13.34%

10Y(CAGR)

GUNR

+11.83%

Winner

JQUA

+14.26%

Max(CAGR)

GUNR

+6.74%

Winner

JQUA

+14.26%

GUNR vs JQUA - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	GUNR	JQUA
2026	+20.38%	+8.06%
2025	+29.00%	+12.00%
2024	-8.48%	+21.92%
2023	-0.79%	+25.36%
2022	+14.22%	-13.11%
2021	+23.80%	+30.71%
2020	+0.09%	+15.70%
2019	+18.20%	+28.30%
2018	-11.09%	-2.96%
2017	+17.38%	+5.07%
2016	+32.10%	N/A
2015	-24.58%	N/A
2014	-7.45%	N/A
2013	-3.62%	N/A
2012	+4.44%	N/A
2011	+0.55%	N/A

GUNR vs JQUA Drawdown Comparison

The maximum drawdown for GUNR was -45.72%, occurring on Jan 20, 2016. Recovery took 868 trading sessions.

The maximum drawdown for JQUA was -32.92%, occurring on Mar 23, 2020. Recovery took 122 trading sessions.

The current GUNR drawdown is -0.04%. The current JQUA drawdown is -0.45%.

Rank	GUNR	JQUA
#1	-45.72% Jul 24, 2014 - Jan 3, 2018	-32.92% Feb 19, 2020 - Aug 12, 2020
#2	-43.04% Jan 2, 2020 - Dec 4, 2020	-22.47% Dec 29, 2021 - Jul 13, 2023
#3	-24.02% Apr 18, 2022 - Sep 11, 2025	-17.07% Sep 21, 2018 - Mar 21, 2019
#4	-18.56% May 21, 2018 - Dec 26, 2019	-16.81% Feb 18, 2025 - Jul 3, 2025
#5	-17.58% Feb 27, 2012 - Jan 29, 2013	-9.67% Jan 26, 2018 - Aug 9, 2018
#6	-15.68% Jan 29, 2013 - May 7, 2014	-8.78% Jul 31, 2023 - Nov 20, 2023
#7	-13.93% Oct 28, 2011 - Jan 27, 2012	-8.22% Sep 2, 2020 - Nov 11, 2020
#8	-11.23% Jun 2, 2021 - Oct 20, 2021	-7.13% Jan 27, 2026 - Apr 15, 2026
#9	-10.30% Sep 22, 2011 - Oct 12, 2011	-6.32% Jul 16, 2024 - Aug 19, 2024
#10	-10.19% Jan 26, 2018 - May 16, 2018	-5.88% Apr 30, 2019 - Jun 19, 2019
#11	-7.43% Jan 14, 2021 - Feb 16, 2021	-5.84% Mar 21, 2024 - Jun 17, 2024
#12	-7.09% Oct 20, 2021 - Dec 27, 2021	-5.82% Sep 3, 2021 - Oct 25, 2021
#13	-6.80% Mar 2, 2026 - Apr 7, 2026	-5.52% Jul 26, 2019 - Oct 28, 2019
#14	-5.92% Mar 12, 2021 - Apr 15, 2021	-5.48% Dec 6, 2024 - Feb 5, 2025
#15	-4.61% Mar 10, 2022 - Mar 21, 2022	-5.36% Oct 27, 2025 - Dec 10, 2025

Correlation

Correlation between GUNR and JQUA is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88

-101

Dividend Comparison (2011 - 2026)

GUNR vs JQUA dividend yield comparison.

Year	GUNR	JQUA
2026	0.35%	0.26%
2025	2.81%	1.19%
2024	3.39%	1.24%
2023	3.55%	1.22%
2022	4.12%	1.60%
2021	3.61%	1.32%
2020	2.79%	1.44%
2019	3.25%	1.67%
2018	3.27%	2.10%
2017	2.00%	0.40%
2016	1.73%	0.00%
2015	4.50%	0.00%
2014	2.80%	0.00%
2013	2.03%	0.00%
2012	1.03%	0.00%
2011	0.54%	0.00%