NANR vs RMT

Comparison between STATE STREET(R) SPDR(R) S&P(R) NORTH AMERICAN NATURAL RESOURCES ETF (NANR, ETF) and Royce Micro-Cap Trust Inc (RMT, ETF).

5-Year PerformanceNANR has outperformed RMT, delivering a return of +15.2% compared to +11.2%

NANR vs RMT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NANR(ETF)	RMT(ETF)
Net Assets	$795M	$792M
Expense Ratio	0.35%	N/A
Max Drawdown	51.14%	80.41%
Sharpe Ratio	1.99	2.46
5Y Beta	0.74	1.04
P/E Ratio	24.60	N/A
Forward P/E	13.63	N/A
5Y Dividends CAGR	7.34%	9.95%
5Y EPS CAGR	27.74%	N/A
Debt to Equity	20.21%	N/A
P/S Ratio	1.54	N/A
P/B Ratio	2.35	N/A

Net Assets

Winner

NANR

$795M

RMT

$792M

Expense Ratio

NANR

0.35%

RMT

N/A

Max Drawdown

Winner

NANR

51.14%

RMT

80.41%

Sharpe Ratio

NANR

1.99

Winner

RMT

2.46

5Y Beta

Winner

NANR

0.74

RMT

1.04

P/E Ratio

NANR

24.60

RMT

N/A

Forward P/E

NANR

13.63

RMT

N/A

5Y Dividends CAGR

NANR

7.34%

Winner

RMT

9.95%

5Y EPS CAGR

NANR

27.74%

RMT

N/A

Debt to Equity

NANR

20.21%

RMT

N/A

P/S Ratio

NANR

1.54

RMT

N/A

P/B Ratio

NANR

2.35

RMT

N/A

NANR vs RMT - Historical Returns

Returns include dividend reinvestment.

Period	NANR	RMT
1 month	-2.91%	+1.18%
3 months	-1.81%	+15.36%
6 months	+21.07%	+35.00%
1 year	+47.85%	+66.06%
5 years(CAGR)	+15.19%	+11.16%
10 years(CAGR)	+11.86%	+15.08%
Max(CAGR)	+14.53%	+11.97%

NANR

-2.91%

Winner

RMT

+1.18%

NANR

-1.81%

Winner

RMT

+15.36%

NANR

+21.07%

Winner

RMT

+35.00%

NANR

+47.85%

Winner

RMT

+66.06%

5Y(CAGR)

Winner

NANR

+15.19%

RMT

+11.16%

10Y(CAGR)

NANR

+11.86%

Winner

RMT

+15.08%

Max(CAGR)

Winner

NANR

+14.53%

RMT

+11.97%

NANR vs RMT - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NANR	RMT
2026	+16.65%	+32.54%
2025	+33.71%	+16.36%
2024	+1.99%	+15.85%
2023	-1.48%	+16.03%
2022	+25.72%	-17.73%
2021	+33.41%	+24.55%
2020	+1.21%	+28.08%
2019	+18.39%	+23.34%
2018	-18.31%	-14.85%
2017	+6.93%	+25.55%
2016	+40.16%	+24.01%
2015	-0.31%	-16.65%
2014	N/A	+4.96%
2013	N/A	+45.52%
2012	N/A	+12.91%
2011	N/A	-7.91%
2010	N/A	+31.11%
2009	N/A	+31.18%
2008	N/A	-45.83%
2007	N/A	-20.10%
2006	N/A	+25.82%
2005	N/A	+10.12%
2004	N/A	+32.63%
2003	N/A	+60.28%
2002	N/A	-12.03%
2001	N/A	+29.99%
2000	N/A	+12.78%
1999	N/A	+11.57%

NANR vs RMT Drawdown Comparison

The maximum drawdown for NANR was -49.15%, occurring on Mar 18, 2020. Recovery took 743 trading sessions.

The maximum drawdown for RMT was -73.93%, occurring on Mar 9, 2009. Recovery took 1607 trading sessions.

The current NANR drawdown is -6.60%. The current RMT drawdown is -3.44%.

Rank	NANR	RMT
#1	-49.15% Jan 24, 2018 - Jan 6, 2021	-73.93% Feb 23, 2007 - Jul 12, 2013
#2	-26.42% Apr 18, 2022 - May 17, 2024	-50.36% Aug 31, 2018 - Nov 16, 2020
#3	-18.38% Nov 22, 2024 - Jun 13, 2025	-41.33% May 6, 2002 - Aug 21, 2003
#4	-17.71% Dec 24, 2015 - Feb 17, 2016	-32.84% Jul 3, 2014 - Dec 23, 2016
#5	-17.01% Jun 4, 2021 - Oct 20, 2021	-30.71% Nov 8, 2021 - Jul 15, 2024
#6	-13.47% Jan 24, 2017 - Dec 21, 2017	-26.38% Jan 24, 2025 - Aug 13, 2025
#7	-10.83% May 20, 2024 - Nov 22, 2024	-24.20% Jul 20, 2001 - Dec 26, 2001
#8	-10.00% Jan 14, 2021 - Feb 16, 2021	-17.66% Apr 12, 2004 - Oct 1, 2004
#9	-8.93% Mar 2, 2026 - Mar 20, 2026	-17.16% May 10, 2006 - Nov 10, 2006
#10	-8.71% Aug 18, 2016 - Dec 13, 2016	-15.79% Dec 28, 2004 - Jul 20, 2005
#11	-8.32% Apr 29, 2016 - Jun 7, 2016	-15.51% Feb 2, 2001 - May 17, 2001
#12	-7.77% Nov 15, 2021 - Jan 4, 2022	-14.30% Mar 22, 2000 - Sep 12, 2000
#13	-7.17% Mar 12, 2021 - Apr 28, 2021	-13.22% Sep 13, 2000 - Jan 18, 2001
#14	-6.64% Mar 18, 2016 - Apr 12, 2016	-11.71% Aug 3, 2005 - Nov 23, 2005
#15	-5.83% Oct 8, 2025 - Nov 12, 2025	-11.36% Oct 27, 2025 - Dec 10, 2025

Correlation

Correlation between NANR and RMT is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (1999 - 2026)

NANR vs RMT dividend yield comparison.

Year	NANR	RMT
2026	0.89%	1.38%
2025	1.77%	7.57%
2024	2.20%	7.59%
2023	2.78%	8.01%
2022	2.70%	10.94%
2021	2.61%	7.27%
2020	2.73%	6.03%
2019	2.02%	7.96%
2018	1.95%	10.11%
2017	1.83%	7.31%
2016	5.01%	7.84%
2015	0.01%	17.36%
2014	0.00%	28.77%
2013	0.00%	10.94%
2012	0.00%	5.40%
2011	0.00%	4.56%
2010	0.00%	0.82%
2009	0.00%	2.99%
2008	0.00%	21.17%
2007	0.00%	11.28%
2006	0.00%	7.72%
2005	0.00%	12.71%
2004	0.00%	8.73%
2003	0.00%	7.30%
2002	0.00%	9.48%
2001	0.00%	5.43%
2000	0.00%	19.95%
1999	0.00%	3.00%