MGNR vs. QQQN ETF Comparison
Comparison of American Beacon GLG Natural Resources ETF (MGNR) to VictoryShares Nasdaq Next 50 ETF (QQQN)
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
$32.54
Average Daily Volume
18,408
23
QQQN
VictoryShares Nasdaq Next 50 ETF
QQQN Description
The investment seeks to provide investment results that track the performance of the Nasdaq Q-50 Index before fees and expenses. The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index is composed of the 50 largest nonfinancial domestic and international companies listed on The Nasdaq Stock Market based on market capitalization after excluding the companies included in the Nasdaq-100 Index.Grade (RS Rating)
Last Trade
$31.65
Average Daily Volume
6,312
49
Performance
| Period | MGNR | QQQN |
|---|---|---|
| 30 Days | 6.00% | 3.53% |
| 60 Days | 5.91% | 4.80% |
| 90 Days | 10.50% | 10.05% |
| 12 Months | 35.21% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MGNR | Weight in QQQN | Overlap | |
|---|---|---|---|---|---|
| FSLR | F | 1.95% | 2.01% | 1.95% |
MGNR Overweight 22 Positions Relative to QQQN
MGNR Underweight 48 Positions Relative to QQQN
| Symbol | Grade | Weight | |
|---|---|---|---|
| APP | B | -4.61% | |
| ALNY | D | -3.68% | |
| MSTR | C | -3.64% | |
| MPWR | F | -3.59% | |
| AXON | B | -3.25% | |
| TSCO | C | -3.07% | |
| EBAY | C | -3.03% | |
| NTAP | C | -2.37% | |
| UAL | B | -2.36% | |
| CHKP | D | -2.26% | |
| ICLR | F | -2.26% | |
| WDC | C | -2.23% | |
| TCOM | B | -2.22% | |
| PTC | A | -2.16% | |
| STX | D | -2.12% | |
| TER | F | -1.98% | |
| STLD | B | -1.94% | |
| EXPE | B | -1.92% | |
| ZM | B | -1.86% | |
| ZBRA | A | -1.86% | |
| HOLX | D | -1.84% | |
| SSNC | A | -1.81% | |
| ARGX | B | -1.77% | |
| VRSN | F | -1.77% | |
| JBHT | C | -1.74% | |
| DKNG | C | -1.73% | |
| ULTA | F | -1.68% | |
| GEN | A | -1.61% | |
| MANH | C | -1.61% | |
| LNT | A | -1.55% | |
| ENTG | D | -1.52% | |
| AKAM | F | -1.52% | |
| UTHR | C | -1.52% | |
| ALGN | D | -1.51% | |
| SNY | F | -1.51% | |
| SWKS | F | -1.48% | |
| NTNX | B | -1.45% | |
| NTRA | B | -1.43% | |
| NDSN | B | -1.39% | |
| BSY | D | -1.39% | |
| CPB | D | -1.37% | |
| BMRN | F | -1.3% | |
| BNTX | C | -1.06% | |
| ENPH | F | -1.04% | |
| NWSA | B | -0.95% | |
| FOXA | C | -0.92% | |
| FOX | B | -0.88% | |
| NWS | B | -0.51% |
MGNR: Top Represented Industries & Keywords
QQQN: Top Represented Industries & Keywords
Compare ETFs
