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
52
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
25
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% |
AIRR: Top Represented Industries & Keywords
MGNR: Top Represented Industries & Keywords