PWER vs. MGNR ETF Comparison

Comparison of Macquarie Energy Transition ETF (PWER) to American Beacon GLG Natural Resources ETF (MGNR)
PWER

Macquarie Energy Transition ETF

PWER Description

The ETF seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in a diversified portfolio of securities in the energy, materials, industrial, renewable energy, and utilities sectors that meet the fund"s investment criteria.

Grade (RS Rating)

Last Trade

$28.71

Average Daily Volume

616

Number of Holdings *

23

* may have additional holdings in another (foreign) market
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

$32.53

Average Daily Volume

15,156

Number of Holdings *

23

* may have additional holdings in another (foreign) market
Performance
Period PWER MGNR
30 Days -0.34% 4.39%
60 Days 3.53% 7.42%
90 Days 3.40% 11.76%
12 Months
6 Overlapping Holdings
Symbol Grade Weight in PWER Weight in MGNR Overlap
AA A 5.16% 3.51% 3.51%
CF A 5.73% 1.72% 1.72%
DAR C 1.05% 2.12% 1.05%
FLNC C 1.01% 2.35% 1.01%
FSLR F 5.08% 1.95% 1.95%
PR B 2.21% 3.48% 2.21%
PWER Overweight 17 Positions Relative to MGNR
Symbol Grade Weight
GNRC B 4.37%
MP C 4.28%
APD A 3.83%
MPC C 3.65%
VLO C 3.63%
COP B 3.12%
EQT A 2.83%
RUN F 2.83%
CHRD F 2.12%
BKR A 2.04%
SLB C 2.04%
MTUS D 1.98%
ENPH F 1.4%
EOG A 1.14%
STLD B 1.09%
OXY D 0.85%
LEU C 0.74%
PWER Underweight 17 Positions Relative to MGNR
Symbol Grade Weight
TRGP A -4.65%
SW A -3.7%
FANG C -3.16%
KNTK A -2.96%
X C -2.75%
CDE C -2.43%
BRBR A -2.18%
GEV A -2.12%
CENX B -2.1%
AR B -2.01%
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%
Compare ETFs