PWERvsMGNRETF Comparison
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Nomura Energy Transition ETF (PWER) belongs to the Multiple Trends segment. American Beacon GLG Natural Resources ETF (MGNR) is part of the Natural Resources segment. Both ETFs have the same top 3 sector exposures: Non-Energy Materials, Energy and Industrials. PWER is more expensive with a Total Expense Ratio (TER) of 0.8%, versus 0.75% for MGNR. PWER is up 32.5% year-to-date (YTD) with +$2M in YTD flows. MGNR performs worse with 24.99% YTD performance, and +$824M in YTD flows. Run a side-by-side ETF comparison of PWER and MGNR 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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PWER vs MGNR performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/02/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PWER MGNR | +9.63%+12.20% | -0.36%-2.42% | +32.50%+24.99% | +51.51%+52.13% | n/an/a | n/an/a |
| Flows | PWER MGNR | -+$361M | -+$435M | +$2M+$824M | +$2M+$941M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PWER MGNR | +23.44%+24.32% | +21.32%+24.11% | n/an/a | n/an/a |
| Max drawdown | PWER MGNR | -13.80%-15.40% | -13.80%-15.40% | n/an/a | n/an/a |
| Max drawdown duration | PWER MGNR | 79d92d | 79d92d | n/an/a | n/an/a |
Trading data
PWER | MGNR | |
Last sale 9/3/2026 at 3:27 PM | $46.75 | $55.14 |
| Previous close 09/02/2026 | $46.23 | $54.78 |
| Consolidated volume 09/02/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 9/3/2026 at 3:27 PM
Live
Closed
PWER | MGNR | |
|---|---|---|
| Last price | $46.75 | $55.14 |
| 1D performance | +1.13% | +0.66% |
| AuM | $12.86 M | $1.30 B |
| E/R | 0.8% | 0.75% |
Characteristics
PWER | MGNR | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Nomura | American Beacon |
| Benchmark | - | - |
| N° of holdings | 32 | 40 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 28, 2023 | February 6, 2024 |
| ESG | Yes | No |
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Exposure
Countries
PWER
USA
67.29%
Canada
19.98%
United Kingdom
8.09%
Other
4.63%
MGNR
USA
49.52%
Canada
27.08%
Other
23.4%
Sectors
PWER
Non-Energy Materi.
44.46%
Energy
39.74%
Industrials
11.5%
Other
4.31%
MGNR
Non-Energy Materi.
54.73%
Energy
26.22%
Industrials
8.24%
Consumer Non-Cycl.
8.2%
Other
2.6%
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Diversification
PWER
Total weight of top 15 holdings out of 15
64.5%
MGNR
Total weight of top 15 holdings out of 15
56.86%
Top 15 holdings
Data as of July 31, 2026
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%
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%
Frequently asked questions about PWER and MGNR
How have the PWER and MGNR ETFs performed in 2026?
As of September 2, 2026, PWER is up 32.5% year-to-date (YTD), while MGNR has returned 24.99%. That puts PWER better performer ahead so far this year.
Which ETF is attracting more investor money: PWER or MGNR?
Year-to-date, the PWER ETF saw +$2M in flows, compared to +$824M for MGNR.
Which ETF is more volatile: PWER or MGNR?
Over the past year, PWER had a volatility of 21.32%, while MGNR experienced 24.11%.
Which ETF is bigger: PWER or MGNR?
As of September 2, 2026, PWER holds $12.86 M in assets under management (AUM), while MGNR manages $1.30 B.
What sectors do the PWER and MGNR ETFs invest in?
PWER leans toward sectors like Non-Energy Materials, Energy and Industrials. Meanwhile, MGNR focuses on Non-Energy Materials, Energy and Industrials.
What are the top holdings of the PWER ETF and MGNR ETF?
PWER top holdings include Steel Dynamics, Inc., Valero Energy Corp. and Hudbay Minerals, Inc.. MGNR holds in its top three: ArcelorMittal SA, Hudbay Minerals, Inc. and Teck Resources Limited.
Which ETF is more diversified: PWER or MGNR?
PWER holds 32 securities with 64.5% of its assets in the top 15. MGNR has 40 securities and a top 15 weight of 56.86%.
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