MGNR vs. XLE ETF Comparison

Comparison of American Beacon GLG Natural Resources ETF (MGNR) to SPDR Select Sector Fund - Energy Select Sector (XLE)

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

$27.07

Average Daily Volume

24,490

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XLE

SPDR Select Sector Fund - Energy Select Sector

XLE Description

The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Energy Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: oil, gas & consumable fuels; and energy equipment & services. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$86.01

Average Daily Volume

12,981,105

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MGNR	XLE
30 Days	1.91%	-1.51%
60 Days	-10.65%	-3.95%
90 Days	-9.70%	-3.66%
12 Months		-2.50%

3 Overlapping Holdings

Symbol	Grade	Weight in MGNR	Weight in XLE	Overlap
FANG	D	4.07%	2.57%	2.57%
OXY	F	3.68%	2.83%	2.83%
TRGP	A	4.66%	2.37%	2.37%

MGNR Overweight 3 Positions Relative to XLE

Symbol	Grade	Weight
PR	D	4.36%
DAR	D	4.01%
AU	C	3.85%

MGNR Underweight 19 Positions Relative to XLE

Symbol	Grade	Weight
XOM	C	-23.76%
CVX	F	-16.79%
EOG	D	-4.96%
COP	D	-4.46%
SLB	F	-4.43%
MPC	D	-4.35%
PSX	D	-4.23%
WMB	B	-4.05%
OKE	A	-3.81%
VLO	D	-3.41%
KMI	B	-3.05%
HES	F	-2.8%
BKR	D	-2.58%
DVN	F	-2.09%
HAL	F	-2.03%
EQT	D	-1.43%
CTRA	F	-1.32%
MRO	C	-1.18%
APA	F	-0.76%

MGNR: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Gold Oil & Gas Midstream Waste Management