XME vs. MGNR ETF Comparison
Comparison of SPDR S&P Metals & Mining ETF (XME) to American Beacon GLG Natural Resources ETF (MGNR)
XME
SPDR S&P Metals & Mining ETF
XME Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the metals and mining segment of a U.S. total market composite index. In seeking to track the performance of the S&P Metals & Mining Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the metals and mining industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.
Grade (RS Rating)
Last Trade
$68.69
Average Daily Volume
1,695,382
36
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 | XME | MGNR |
---|---|---|
30 Days | 1.27% | 4.39% |
60 Days | 11.34% | 7.42% |
90 Days | 15.06% | 11.76% |
12 Months | 28.00% |
XME Overweight 31 Positions Relative to MGNR
Symbol | Grade | Weight | |
---|---|---|---|
STLD | B | 5.22% | |
CRS | A | 5.16% | |
HCC | B | 4.9% | |
CMC | B | 4.89% | |
RS | B | 4.76% | |
BTU | B | 4.58% | |
CEIX | B | 4.45% | |
NUE | D | 4.35% | |
FCX | F | 4.33% | |
CLF | F | 4.11% | |
ARCH | B | 3.99% | |
UEC | B | 3.93% | |
ATI | C | 3.88% | |
RGLD | C | 3.84% | |
AMR | C | 3.71% | |
HL | C | 3.51% | |
MP | C | 2.69% | |
LEU | C | 1.44% | |
KALU | C | 1.25% | |
MTRN | C | 1.15% | |
SXC | A | 0.98% | |
RYI | C | 0.92% | |
IE | D | 0.77% | |
WS | B | 0.75% | |
MTUS | D | 0.53% | |
HAYN | A | 0.51% | |
GATO | C | 0.5% | |
METC | C | 0.48% | |
MUX | F | 0.44% | |
RDUS | C | 0.4% | |
ZEUS | C | 0.4% |
XME Underweight 18 Positions Relative to MGNR
XME: Top Represented Industries & Keywords
MGNR: Top Represented Industries & Keywords