MGNR vs. OCEN ETF Comparison

Comparison of American Beacon GLG Natural Resources ETF (MGNR) to IQ Clean Oceans ETF (OCEN)

MGNR

American Beacon GLG Natural Resources ETF

MGNR Description

MGNR offers exposure to companies involved in various aspects of natural resources, including ownership, production, refining, processing, transportation, distribution, mining, exploration, storage, and related activities. In addition, it broadly defines natural resources, encompassing metals, agricultural products, timber, water, and energy from both fossil fuel and renewable sources, as well as chemicals. With a concentrated portfolio ranging from 30 to 60 global stocks, the fund primarily targets large and mid-cap stocks. The fund prioritizes firms with a track record of historical growth performance by combining top-down and bottom-up analyses, a commodities viewpoint with sub-sector selection, and bottom-up stock picking. Both growth and value investment styles are also incorporated. Holdings are divested based on changing market conditions, company performance, and valuation, aiming to optimize gains and minimize losses. The fund may invest in foreign currencies directly.

Grade (RS Rating)

Last Trade

$32.72

Average Daily Volume

18,379

Number of Holdings ^*

* may have additional holdings in another (foreign) market

OCEN

IQ Clean Oceans ETF

OCEN Description

The OCEN IQ Clean Oceans ETF tracks the IQ Clean Oceans Index, which seeks to track companies that help to protect and/or achieve cleaner oceans through reduced pollution and increased resource efficiency.

Grade (RS Rating)

Last Trade

$21.24

Average Daily Volume

157

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MGNR	OCEN
30 Days	6.59%	-3.72%
60 Days	8.67%	-8.29%
90 Days	11.27%	-6.13%
12 Months		4.80%

2 Overlapping Holdings

	Symbol	Grade	Weight in MGNR	Weight in OCEN	Overlap
	FSLR	F	1.95%	1.74%	1.74%
	SW	A	3.7%	2.65%	2.65%

MGNR Overweight 21 Positions Relative to OCEN

Symbol	Grade	Weight
TRGP	B	4.65%
AA	B	3.51%
PR	B	3.48%
FANG	D	3.16%
KNTK	B	2.96%
X	C	2.75%
CDE	D	2.43%
FLNC	C	2.35%
BRBR	A	2.18%
GEV	B	2.12%
DAR	C	2.12%
CENX	B	2.1%
AR	B	2.01%
CF	B	1.72%
INGR	B	1.66%
AGRO	D	1.65%
PRIM	A	1.46%
CC	C	1.39%
CTVA	C	1.07%
NEM	D	1.03%
RRC	B	0.98%

MGNR Underweight 20 Positions Relative to OCEN

Symbol	Grade	Weight
IR	B	-3.66%
INTC	D	-3.53%
EXC	C	-3.3%
MSFT	F	-3.23%
ABBV	D	-3.14%
NKE	D	-2.86%
NXPI	D	-2.79%
XYL	D	-2.77%
AWK	D	-2.51%
WSM	B	-2.02%
BALL	D	-1.74%
UMC	F	-1.52%
SUI	D	-1.45%
AYI	B	-0.9%
ENPH	F	-0.77%
BMI	B	-0.59%
ORA	B	-0.29%
OI	C	-0.27%
AGR	B	-0.27%
SEDG	F	-0.12%

MGNR: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Agricultural Inputs Aluminum Gold Oil & Gas Midstream Packaged Foods Utilities - Renewable Engineering & Construction Farm Products Packaging & Containers Solar Specialty Chemicals Steel Waste Management