GUNR vs PIO
Northern Trust Morningstar Global Upstream Natural Resources ETF compared with Invesco Global Water ETF on yield, payout growth, payment schedule, cost and risk.
GUNR
Northern Trust Morningstar Global Upstream Natural Resources ETF
TTM yield · Quarterly
PIO
Invesco Global Water ETF
TTM yield · Quarterly
Quick take
- PIO yields more today: 2.77% vs 2.46% (forward).
- PIO has grown its payout faster: 7.5%/yr vs 5.3%/yr over the last 5 years.
- Both pay every quarter.
- Over the last year GUNR delivered the higher total return: +34.9% vs -0.3% (price change plus payouts).
- GUNR is cheaper to own: 0.46% vs 0.75% expense ratio.
- GUNR has the steadier distribution: consistency 74/100 vs 0/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | GUNR | PIO |
|---|---|---|
| Share price | $56.78 | $44.25 |
| TTM yield | 2.14% | 0.91% |
| Forward yield | 2.46% | 2.77% |
| Annual payout per share | $1.396 | $1.224 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Sep 17, 2026 (est.) | Sep 21, 2026 (est.) |
| Expense ratio | 0.46% | 0.75% |
| 1-year payout growth | -3.3% | -16.4% |
| 5-year payout CAGR | +5.3% | +7.5% |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 74/100 | 0/100 |
| 1-year total return | +34.9% | -0.3% |
| 1-year price return | +32.0% | -1.2% |
| Size (market cap / AUM) | 7.3B | 272.5M |
| Years paying | 14.7 | 17.7 |
| Sector / category | Natural Resources | Natural Resources |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| GUNR | PIO | |
|---|---|---|
| Shares | 176.1 | 226.0 |
| Income per year | $246 | $277 |
| Income per month (avg) | $20 | $23 |
At forward yields, before taxes. Model GUNR · Model PIO
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| GUNR Sep 17, 2026 | Oct 1, 2026 | $0.349 | Est. |
| GUNR Dec 17, 2026 | Dec 31, 2026 | $0.349 | Est. |
| GUNR Mar 18, 2027 | Apr 1, 2027 | $0.349 | Est. |
| PIO Sep 21, 2026 | Sep 25, 2026 | $0.306 | Est. |
| PIO Dec 21, 2026 | Dec 25, 2026 | $0.306 | Est. |
| PIO Mar 22, 2027 | Mar 26, 2027 | $0.306 | Est. |
Annual payouts per share
GUNRPIO
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, GUNR or PIO?
GUNR currently has the higher trailing yield: GUNR yields 2.14% and PIO yields 0.91%. Yield changes daily with price, so check the live figures above.
How often do GUNR and PIO pay?
GUNR pays every quarter and PIO pays every quarter. GUNR's next ex-date is Sep 17, 2026 and PIO's is Sep 21, 2026.
Which has grown its dividend faster, GUNR or PIO?
PIO has grown its payout faster: 7.5%/yr vs 5.3%/yr over the last 5 years.
Is GUNR or PIO better for income?
It depends on what you are optimising for. GUNR and PIO differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.