MGNRvsPWERETF Comparison
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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 12.05% year-to-date (YTD) with +$463M in YTD flows. PWER performs better with 20% 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.
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MGNR vs PWER performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/30/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MGNR PWER | +1.18%+2.38% | -8.90%-2.86% | +12.05%+20.00% | +49.47%+43.82% | n/an/a | n/an/a |
| Flows | MGNR PWER | +$29M- | +$132M- | +$463M+$2M | +$584M+$2M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MGNR PWER | +24.29%+24.44% | +23.89%+21.09% | n/an/a | n/an/a |
| Max drawdown | MGNR PWER | -15.40%-13.80% | -15.40%-13.80% | n/an/a | n/an/a |
| Max drawdown duration | MGNR PWER | 58d58d | 58d58d | n/an/a | n/an/a |
Trading data
MGNR | PWER | |
Last sale 7/31/2026 at 4:52 PM | $48.75 | $41.69 |
| Previous close 07/30/2026 | $49.18 | $40.79 |
| Consolidated volume 07/30/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 7/31/2026 at 4:52 PM
Live
Closed
MGNR | PWER | |
|---|---|---|
| Last price | $48.75 | $41.69 |
| 1D performance | -0.87% | +2.19% |
| AuM | $847.68 M | $11.65 M |
| E/R | 0.75% | 0.8% |
Characteristics
MGNR | PWER | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | American Beacon | Nomura |
| Benchmark | - | - |
| N° of holdings | 44 | 32 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 6, 2024 | November 28, 2023 |
| ESG | No | Yes |
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Exposure
Countries
MGNR
USA
50.31%
Canada
22.92%
Other
26.77%
PWER
USA
67.09%
Canada
20.78%
United Kingdom
7.52%
Other
4.61%
Sectors
MGNR
Non-Energy Materi.
53.87%
Energy
25.46%
Industrials
12.39%
Consumer Non-Cycl.
7.66%
Other
0.62%
PWER
Non-Energy Materi.
45.27%
Energy
35.78%
Industrials
14.47%
Other
4.48%
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Diversification
MGNR
Total weight of top 15 holdings out of 15
52.98%
PWER
Total weight of top 15 holdings out of 15
64.39%
Top 15 holdings
Data as of June 30, 2026
MGNR
Smurfit WestRock Plc
4.89%
Teck Resources Limited
4.84%
Hudbay Minerals, Inc.
4.48%
ArcelorMittal SA
4.08%
Range Resources Corp.
3.65%
Vista Energy SAB de CV
3.49%
Anglogold Ashanti Plc
3.27%
Darling Ingredients, Inc.
3.27%
Antero Resources Corp.
3.20%
Nextpower, Inc.
3.13%
Alcoa Corp.
3.13%
Bloom Energy Corp.
3.08%
Bunge Global SA
2.98%
Kinross Gold Corp.
2.84%
Venture Global, Inc.
2.66%
PWER
Steel Dynamics, Inc.
6.41%
Hudbay Minerals, Inc.
5.67%
Ero Copper Corp.
5.01%
Valero Energy Corp.
4.89%
First Solar, Inc.
4.53%
Generac Holdings, Inc.
4.51%
Arcosa, Inc.
4.49%
Alcoa Corp.
4.01%
HF Sinclair Corp.
4.01%
ConocoPhillips
3.78%
EOG Resources, Inc.
3.70%
GE Vernova, Inc.
3.49%
Shell Plc
3.35%
Teck Resources Limited
3.35%
EQT Corp.
3.19%
Frequently asked questions about MGNR and PWER
How have the MGNR and PWER ETFs performed in 2026?
As of July 30, 2026, MGNR is up 12.05% year-to-date (YTD), while PWER has returned 20%. 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 +$463M in flows, compared to +$2M for PWER.
Which ETF is more volatile: MGNR or PWER?
Over the past year, MGNR had a volatility of 23.89%, while PWER experienced 21.09%.
Which ETF is bigger: MGNR or PWER?
As of July 30, 2026, MGNR holds $847.68 M in assets under management (AUM), while PWER manages $11.65 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 Smurfit WestRock Plc, Teck Resources Limited and Hudbay Minerals, Inc.. PWER holds in its top three: Steel Dynamics, Inc., Hudbay Minerals, Inc. and Ero Copper Corp..
Which ETF is more diversified: MGNR or PWER?
MGNR holds 44 securities with 52.98% of its assets in the top 15. PWER has 32 securities and a top 15 weight of 64.39%.
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