TINT vs. MGNR ETF Comparison
Comparison of ProShares Smart Materials ETF (TINT) to American Beacon GLG Natural Resources ETF (MGNR)
TINT
ProShares Smart Materials ETF
TINT Description
ProShares Smart Materials ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies focused on making or applying industrial innovations which allow for improved products, processes, or techniques through advanced, responsive, or intelligent materials sectors. The fund invests in growth and value stocks of companies across diversified market capitalizations. It replicates the performance of the Solactive Smart Materials Index, by using full replication technique. ProShares Smart Materials ETF was formed on October 26, 2021 and is domiciled in the United States.
Grade (RS Rating)
Last Trade
$30.51
Average Daily Volume
114
16
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
23
Performance
| Period | TINT | MGNR |
|---|---|---|
| 30 Days | -8.24% | 4.39% |
| 60 Days | -7.99% | 7.42% |
| 90 Days | -5.10% | 11.76% |
| 12 Months | -0.33% |
TINT Underweight 21 Positions Relative to MGNR
TINT: Top Represented Industries & Keywords
MGNR: Top Represented Industries & Keywords
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