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- Upturn Summary
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Upturn AI Summary
SPDR S&P® North American Natural Resources ETF(NANR)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NANR
11/06/2026: NANR (2-star) is currently NOT-A-BUY. Pass it for now.
NANR provides diversified exposure to North American natural resource companies across the energy, metals, mining, and agricultural sectors. It is a cost-effective, passive vehicle managed by State Street, making it a reliable option for thematic allocation. While it offers a strong hedge against inflation and potential for cyclical growth, it carries significant risk related to commodity price volatility and sector-specific downturns. This ETF is best suited for long-term investors who understand commodity cycles and want to balance their portfolio with tangible resource producers.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | This fund is cyclical rather than high-growth, making it better for economic expansion phases. |
| Momentum investor | Strong fit while signal remains positive | Natural resource stocks often exhibit strong momentum during commodity bull markets. |
| Value investor | Strong fit | Natural resource companies often trade at reasonable valuations and may offer attractive dividend yields. |
| Dividend/Income investor | Strong fit | Many firms in the energy and mining sectors are cash-flow generative and prioritize dividend payments. |
| Low-risk investor | Weak fit | High exposure to commodity price volatility makes this fund unsuitable for risk-averse portfolios. |
Investor Profile
Ideal Investor Profile
Investors seeking cyclical exposure and inflation protection within their equity portfolio.
Suitability
Best for long-term investors looking to diversify away from tech and growth-heavy portfolios.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | Commodity prices are inherently volatile, directly impacting the stock prices of the companies held. |
| Market risk | Medium / high | Broader economic downturns can lead to reduced demand for raw materials, hurting the entire sector. |
| Concentration | Medium / high | The fund is limited to North American companies, exposing it to specific regional regulatory and geopolitical risks. |
| Tracking/expense | Low | The passive management style ensures consistent tracking of the underlying index with minimal cost drag. |
| Liquidity | Medium | Moderate trading volume may lead to wider spreads for very large orders. |
| Business/sector quality | Medium | The sector's cyclical nature makes business quality dependent on global commodity price cycles. |
Risk Analysis
Volatility
NANR exhibits higher-than-market volatility due to its concentration in commodity-linked sectors.
Market Risk
The primary risk is the high beta to commodity price movements and sensitivity to economic expansion cycles.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Sector | Energy (Oil, Gas, and Consumable Fuels) | 45 | Provides primary exposure to price fluctuations in oil and gas markets. |
| Sector | Materials (Metals and Mining) | 35 | Offers access to industrial metals and mining companies essential for global infrastructure. |
| Sector | Agriculture and Forestry | 18 | Provides diversification through exposure to timber, paper, and agricultural commodity producers. |
| Cash/collateral | Cash and Cash Equivalents | 2 | Maintained for daily operational liquidity and dividend distribution management. |
Analysis of Past Performance
Type ETF | Historic Profit 12.34% | Avg. Invested days 40 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 11/06/2026 |
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