MGNRvsPWERETF Comparison
VS
American Beacon GLG Natural Resources ETF (MGNR) belongs to the Natural Resources segment. Nomura Energy Transition ETF (PWER) is part of the Multiple Trends segment. Both ETFs have the same top 3 sector exposures: Non-Energy Materials, Energy and Industrials. MGNR is less expensive with a Total Expense Ratio (TER) of 0.75%, versus 0.8% for PWER. MGNR is up 23.81% year-to-date (YTD) with +$844M in YTD flows. PWER performs better with 32.41% YTD performance, and +$2M in YTD flows. Run a side-by-side ETF comparison of MGNR and PWER below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
MGNR vs PWER 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 PWER | +2.92%+1.83% | +5.21%+7.56% | +23.81%+32.41% | +41.38%+47.01% | n/an/a | n/an/a |
| Flows | MGNR PWER | +$373M- | +$430M- | +$844M+$2M | +$960M+$2M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MGNR PWER | +20.88%+19.30% | +24.13%+21.44% | n/an/a | n/an/a |
| Max drawdown | MGNR PWER | -9.43%-8.53% | -15.40%-13.80% | n/an/a | n/an/a |
| Max drawdown duration | MGNR PWER | 54d53d | 101d79d | n/an/a | n/an/a |
Trading data
MGNR | PWER | |
Last sale 9/11/2026 at 1:30 PM | $54.27 | $46.21 |
| Previous close 09/10/2026 | $54.39 | $46.01 |
| Consolidated volume 09/10/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 9/11/2026 at 1:30 PM
Live
Closed
MGNR | PWER | |
|---|---|---|
| Last price | $54.27 | $46.21 |
| 1D performance | -0.22% | +0.42% |
| AuM | $1.31 B | $12.86 M |
| E/R | 0.75% | 0.8% |
Characteristics
MGNR | PWER | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | American Beacon | Nomura |
| Benchmark | - | - |
| N° of holdings | 40 | 32 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 6, 2024 | November 28, 2023 |
| ESG | No | Yes |
Advertisement
Exposure
Countries
MGNR
USA
49.52%
Canada
27.08%
Other
23.4%
PWER
USA
67.29%
Canada
19.98%
United Kingdom
8.09%
Other
4.63%
Sectors
MGNR
Non-Energy Materi.
54.73%
Energy
26.22%
Industrials
8.24%
Consumer Non-Cycl.
8.2%
Other
2.6%
PWER
Non-Energy Materi.
44.46%
Energy
39.74%
Industrials
11.5%
Other
4.31%
Advertisement
Diversification
MGNR
Total weight of top 15 holdings out of 15
56.86%
PWER
Total weight of top 15 holdings out of 15
64.5%
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%
PWER
Steel Dynamics, Inc.
6.84%
Valero Energy Corp.
5.72%
Hudbay Minerals, Inc.
5.30%
HF Sinclair Corp.
5.13%
Ero Copper Corp.
4.91%
Arcosa, Inc.
4.37%
ConocoPhillips
4.27%
EOG Resources, Inc.
4.13%
First Solar, Inc.
3.95%
Shell Plc
3.87%
Alcoa Corp.
3.39%
Teck Resources Limited
3.30%
Permian Resources Corp.
3.14%
EQT Corp.
3.11%
Baker Hughes Co.
3.06%
Frequently asked questions about MGNR and PWER
How have the MGNR and PWER ETFs performed in 2026?
As of September 11, 2026, MGNR is up 23.81% year-to-date (YTD), while PWER has returned 32.41%. That puts PWER better performer ahead so far this year.
Which ETF is attracting more investor money: MGNR or PWER?
Year-to-date, the MGNR ETF saw +$844M in flows, compared to +$2M for PWER.
Which ETF is more volatile: MGNR or PWER?
Over the past year, MGNR had a volatility of 24.13%, while PWER experienced 21.44%.
Which ETF is bigger: MGNR or PWER?
As of September 11, 2026, MGNR holds $1.31 B in assets under management (AUM), while PWER manages $12.86 M.
What sectors do the MGNR and PWER ETFs invest in?
MGNR leans toward sectors like Non-Energy Materials, Energy and Industrials. Meanwhile, PWER focuses on Non-Energy Materials, Energy and Industrials.
What are the top holdings of the MGNR ETF and PWER ETF?
MGNR top holdings include ArcelorMittal SA, Hudbay Minerals, Inc. and Teck Resources Limited. PWER holds in its top three: Steel Dynamics, Inc., Valero Energy Corp. and Hudbay Minerals, Inc..
Which ETF is more diversified: MGNR or PWER?
MGNR holds 40 securities with 56.86% of its assets in the top 15. PWER has 32 securities and a top 15 weight of 64.5%.
Advertisement
Advertisement
