NANR vs SMIN

Comparison between STATE STREET(R) SPDR(R) S&P(R) NORTH AMERICAN NATURAL RESOURCES ETF (NANR, ETF) and ISHARES MSCI INDIA SMALL-CAP ETF (SMIN, ETF).

5-Year PerformanceNANR has outperformed SMIN, delivering a return of +22.8% compared to +7.4%

NANR vs SMIN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NANR(ETF)	SMIN(ETF)
Net Assets	$758M	$757M
Expense Ratio	0.35%	0.74%
Max Drawdown	51.14%	61.74%
Sharpe Ratio	2.27	-0.22
5Y Beta	0.71	0.55
P/E Ratio	19.70	N/A
Forward P/E	14.10	N/A
5Y Dividends CAGR	7.34%	50.29%
5Y EPS CAGR	25.58%	N/A
Debt to Equity	18.32%	N/A
P/S Ratio	1.40	N/A
P/B Ratio	2.21	N/A

Net Assets

Winner

NANR

$758M

SMIN

$757M

Expense Ratio

Winner

NANR

0.35%

SMIN

0.74%

Max Drawdown

Winner

NANR

51.14%

SMIN

61.74%

Sharpe Ratio

Winner

NANR

2.27

SMIN

-0.22

5Y Beta

NANR

0.71

Winner

SMIN

0.55

P/E Ratio

NANR

19.70

SMIN

N/A

Forward P/E

NANR

14.10

SMIN

N/A

5Y Dividends CAGR

NANR

7.34%

Winner

SMIN

50.29%

5Y EPS CAGR

NANR

25.58%

SMIN

N/A

Debt to Equity

NANR

18.32%

SMIN

N/A

P/S Ratio

NANR

1.40

SMIN

N/A

P/B Ratio

NANR

2.21

SMIN

N/A

NANR vs SMIN - Historical Returns

Returns include dividend reinvestment.

Period	NANR	SMIN
1 month	+15.29%	+3.24%
3 months	+11.91%	+8.01%
6 months	+11.60%	+4.75%
1 year	+57.08%	-1.75%
5 years(CAGR)	+22.78%	+7.42%
10 years(CAGR)	+12.93%	+9.28%
Max(CAGR)	+15.68%	+8.95%

Winner

NANR

+15.29%

SMIN

+3.24%

Winner

NANR

+11.91%

SMIN

+8.01%

Winner

NANR

+11.60%

SMIN

+4.75%

Winner

NANR

+57.08%

SMIN

-1.75%

5Y(CAGR)

Winner

NANR

+22.78%

SMIN

+7.42%

10Y(CAGR)

Winner

NANR

+12.93%

SMIN

+9.28%

Max(CAGR)

Winner

NANR

+15.68%

SMIN

+8.95%

NANR vs SMIN - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	NANR	SMIN
2026	+33.46%	+2.44%
2025	+33.71%	-7.27%
2024	+1.99%	+16.26%
2023	-1.48%	+34.13%
2022	+25.72%	-15.79%
2021	+33.41%	+42.02%
2020	+1.21%	+16.25%
2019	+18.39%	-5.00%
2018	-18.31%	-26.02%
2017	+6.93%	+59.40%
2016	+40.16%	+0.34%
2015	-0.31%	-1.49%
2014	N/A	+57.98%
2013	N/A	-15.72%
2012	N/A	+1.32%

NANR vs SMIN Drawdown Comparison

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

The maximum drawdown for SMIN was -60.49%, occurring on Mar 23, 2020. Recovery took 848 trading sessions.

The current SMIN drawdown is -10.23%.

Rank	NANR	SMIN
#1	-49.15% Jan 24, 2018 - Jan 6, 2021	-60.49% Jan 12, 2018 - May 27, 2021
#2	-26.42% Apr 18, 2022 - May 17, 2024	-44.17% Feb 21, 2012 - May 16, 2014
#3	-18.38% Nov 22, 2024 - Jun 13, 2025	-30.86% Apr 10, 2015 - Sep 22, 2016
#4	-17.71% Dec 24, 2015 - Feb 17, 2016	-27.54% Sep 23, 2024 - Mar 30, 2026
#5	-17.01% Jun 4, 2021 - Oct 20, 2021	-24.80% Jan 12, 2022 - Aug 31, 2023
#6	-13.47% Jan 24, 2017 - Dec 21, 2017	-16.80% Oct 24, 2016 - Feb 8, 2017
#7	-12.31% Mar 2, 2026 - Aug 11, 2026	-11.50% Dec 3, 2014 - Jan 16, 2015
#8	-10.83% May 20, 2024 - Nov 22, 2024	-10.57% Feb 7, 2024 - Apr 23, 2024
#9	-10.00% Jan 14, 2021 - Feb 16, 2021	-10.37% Oct 18, 2021 - Jan 11, 2022
#10	-8.71% Aug 18, 2016 - Dec 13, 2016	-10.06% Jul 8, 2014 - Sep 5, 2014
#11	-8.32% Apr 29, 2016 - Jun 7, 2016	-9.99% Sep 11, 2014 - Nov 6, 2014
#12	-7.77% Nov 15, 2021 - Jan 4, 2022	-8.88% May 16, 2017 - Jul 14, 2017
#13	-7.17% Mar 12, 2021 - Apr 28, 2021	-8.70% Aug 7, 2017 - Sep 6, 2017
#14	-6.64% Mar 18, 2016 - Apr 12, 2016	-8.59% Sep 19, 2017 - Oct 24, 2017
#15	-5.83% Oct 8, 2025 - Nov 12, 2025	-7.05% Jun 9, 2014 - Jul 2, 2014

Correlation

Correlation between NANR and SMIN is 0.85 which considered as a strong positive correlation - the stocks tend to move together.

0.85

-101

Dividend Comparison (2012 - 2026)

NANR vs SMIN dividend yield comparison.

Year	NANR	SMIN
2026	0.78%	0.00%
2025	1.77%	2.01%
2024	2.20%	6.84%
2023	2.78%	0.41%
2022	2.70%	0.01%
2021	2.61%	1.27%
2020	2.73%	1.06%
2019	2.02%	1.75%
2018	1.95%	1.68%
2017	1.83%	0.89%
2016	5.01%	2.30%
2015	0.01%	0.93%
2014	0.00%	0.34%
2013	0.00%	0.75%
2012	0.00%	1.08%