AIRR vs. MGNR ETF Comparison

Comparison of First Trust RBA American Industrial Renaissance ETF (AIRR) to American Beacon GLG Natural Resources ETF (MGNR)
AIRR

First Trust RBA American Industrial Renaissance ETF

AIRR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Richard Bernstein Advisors American Industrial Renaissance Index (the "index"). The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. equity securities that comprise the index. The index is designed to measure the performance of small and mid cap U.S. companies in the industrial and community banking sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$75.44

Average Daily Volume

201,749

Number of Holdings *

52

* may have additional holdings in another (foreign) market
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

$30.30

Average Daily Volume

13,226

Number of Holdings *

25

* may have additional holdings in another (foreign) market
Performance
Period AIRR MGNR
30 Days 1.19% -2.01%
60 Days 10.42% 9.14%
90 Days 10.81% 12.85%
12 Months 51.72%
1 Overlapping Holdings
Symbol Grade Weight in AIRR Weight in MGNR Overlap
PRIM A 2.3% 1.34% 1.34%
AIRR Overweight 51 Positions Relative to MGNR
Symbol Grade Weight
MLI A 3.41%
BWXT B 3.14%
AAON B 3.11%
AIT A 3.11%
GVA A 3.02%
CNM D 3.01%
CHRW C 3.01%
RBC D 3.01%
MSM D 2.98%
WMS C 2.95%
ZWS A 2.93%
EME A 2.91%
HII F 2.89%
HRI B 2.87%
KEX D 2.85%
MDU F 2.82%
ATKR D 2.77%
CLH C 2.76%
DY D 2.75%
MTZ A 2.42%
FIX B 2.42%
FSS F 2.41%
ROAD B 2.09%
ACA A 1.74%
MWA A 1.71%
FNB B 1.66%
STRL B 1.56%
ASB A 1.38%
WTFC B 1.37%
ONB B 1.32%
BLBD C 1.16%
GBX A 1.15%
MRCY D 1.13%
HEES C 1.08%
VSEC B 1.04%
WNC D 0.91%
FULT C 0.89%
FFBC B 0.85%
TPC B 0.85%
POWL A 0.83%
LMB C 0.8%
TGI C 0.8%
PRK C 0.77%
AMRC B 0.76%
DNOW D 0.75%
FRME D 0.72%
FCF D 0.65%
PRLB B 0.63%
XMTR B 0.56%
LKFN C 0.55%
TRNS F 0.53%
AIRR Underweight 24 Positions Relative to MGNR
Symbol Grade Weight
TRGP A -4.08%
SW A -3.51%
AA B -3.34%
PR F -3.33%
FSLR C -3.03%
FANG D -2.94%
X C -2.47%
FLNC A -2.43%
AR F -2.2%
CDE C -2.0%
CENX B -1.91%
KNTK B -1.86%
LBRT F -1.77%
GEV A -1.77%
INGR C -1.7%
NEM D -1.69%
AGRO B -1.57%
DAR C -1.56%
BRBR A -1.48%
CF B -1.3%
CTVA A -1.02%
RRC C -0.99%
RUN C -0.92%
ENPH D -0.43%
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