MGNRvsGNRETF Comparison
VS
ETF 2
GNR
State Street SPDR S&P Global Natural Resources ETF
This fund is part of
Natural Resources
-0.34%
American Beacon GLG Natural Resources ETF (MGNR) and State Street SPDR S&P Global Natural Resources ETF (GNR) belong to the same industry segment: Natural Resources. MGNR's top 3 sector exposures are Non-Energy Materials, Energy and Industrials. In contrast, GNR's top sector exposures are Non-Energy Materials, Energy and Consumer Non-Cyclicals. MGNR is more expensive with a Total Expense Ratio (TER) of 0.75%, versus 0.4% for GNR. MGNR is up 23.81% year-to-date (YTD) with +$844M in YTD flows. GNR performs better with 27.79% YTD performance, and +$451M in YTD flows. Run a side-by-side ETF comparison of MGNR and GNR below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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MGNR vs GNR performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/11/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MGNR GNR | +2.92%+4.50% | +5.21%+11.02% | +23.81%+27.79% | +41.38%+37.77% | n/a+55.47% | n/a+80.73% |
| Flows | MGNR GNR | +$373M+$150M | +$430M+$99M | +$844M+$451M | +$960M+$733M | -+$454M | -+$1.66B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MGNR GNR | +20.88%+13.76% | +24.13%+15.10% | n/a+15.09% | n/a+17.89% |
| Max drawdown | MGNR GNR | -9.43%-7.23% | -15.40%-10.66% | n/a-19.80% | n/a-25.18% |
| Max drawdown duration | MGNR GNR | 54d43d | 101d158d | n/a457d | n/a758d |
Trading data
MGNR | GNR | |
Last sale 9/14/2026 at 1:30 PM | $53.09 | $77.62 |
| Previous close 09/11/2026 | $54.27 | $78.59 |
| Consolidated volume 09/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
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MGNR
is actively managed and doesn’t replicate an indexMGNR | GNR | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/14/2026 at 1:30 PM
Live
Closed
MGNR | GNR | |
|---|---|---|
| Last price | $53.09 | $77.62 |
| 1D performance | -2.17% | -1.23% |
| AuM | $1.31 B | $5.31 B |
| E/R | 0.75% | 0.4% |
Characteristics
MGNR | GNR | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | American Beacon | State Street Investment Management |
| Benchmark | - | S&P Global Natural Resources Index |
| N° of holdings | 40 | 87 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 6, 2024 | September 13, 2010 |
| ESG | No | No |
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Exposure
Countries
MGNR
USA
49.52%
Canada
27.08%
Other
23.4%
GNR
USA
30.01%
Canada
17.9%
United Kingdom
9.47%
Australia
8.04%
Other
34.59%
Sectors
MGNR
Non-Energy Materi.
54.73%
Energy
26.22%
Industrials
8.24%
Consumer Non-Cycl.
8.2%
Other
2.6%
GNR
Non-Energy Materi.
58.43%
Energy
30.27%
Other
11.3%
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Diversification
MGNR
Total weight of top 15 holdings out of 15
56.86%
GNR
Total weight of top 15 holdings out of 15
41.69%
Top 15 holdings
Data as of July 31, 2026
MGNR
ArcelorMittal SA
4.70%
Hudbay Minerals, Inc.
4.68%
Teck Resources Limited
4.41%
Smurfit WestRock Plc
4.40%
Range Resources Corp.
4.34%
Vista Energy SAB de CV
3.81%
First Quantum Minerals Ltd.
3.77%
Venture Global, Inc.
3.73%
Antero Resources Corp.
3.67%
Darling Ingredients, Inc.
3.59%
Freeport-McMoRan, Inc.
3.52%
Anglogold Ashanti Plc
3.17%
Bunge Global SA
3.16%
EQT Corp.
3.02%
Nextpower, Inc.
2.90%
GNR
BHP Group Ltd.
5.17%
Nutrien Ltd.
4.93%
Shell Plc
4.53%
TotalEnergies SE
3.13%
Corteva, Inc.
2.84%
UPM-Kymmene Oyj
2.79%
Chevron Corp.
2.70%
Newmont Corp.
2.50%
Freeport-McMoRan, Inc.
2.20%
BP Plc
2.04%
Archer-Daniels-Midland Co.
2.04%
Agnico Eagle Mines Ltd.
1.78%
Canadian Natural Resources Ltd.
1.73%
Glencore Plc
1.70%
Reliance Industries Ltd.
1.62%
Frequently asked questions about MGNR and GNR
How have the MGNR and GNR ETFs performed in 2026?
As of September 11, 2026, MGNR is up 23.81% year-to-date (YTD), while GNR has returned 27.79%. That puts GNR better performer ahead so far this year.
Which ETF is attracting more investor money: MGNR or GNR?
Year-to-date, the MGNR ETF saw +$844M in flows, compared to +$451M for GNR.
Which ETF is more volatile: MGNR or GNR?
Over the past year, MGNR had a volatility of 24.13%, while GNR experienced 15.1%.
Which ETF is bigger: MGNR or GNR?
As of September 11, 2026, MGNR holds $1.31 B in assets under management (AUM), while GNR manages $5.31 B.
What sectors do the MGNR and GNR ETFs invest in?
MGNR leans toward sectors like Non-Energy Materials, Energy and Industrials. Meanwhile, GNR focuses on Non-Energy Materials and Energy.
What are the top holdings of the MGNR ETF and GNR ETF?
MGNR top holdings include ArcelorMittal SA, Hudbay Minerals, Inc. and Teck Resources Limited. GNR holds in its top three: BHP Group Ltd., Nutrien Ltd. and Shell Plc.
Which ETF is more diversified: MGNR or GNR?
MGNR holds 40 securities with 56.86% of its assets in the top 15. GNR has 87 securities and a top 15 weight of 41.69%.
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Latest news about MGNR & GNR
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