ARGT vs. MGNR ETF Comparison
Comparison of Global X FTSE Argentina 20 ETF (ARGT) to American Beacon GLG Natural Resources ETF (MGNR)
ARGT
Global X FTSE Argentina 20 ETF
ARGT Description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE Argentina 20 Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index is designed to measure equity performance of the top 20 companies within the investable universe of Argentina-domiciled companies or companies that have substantial revenues or assets in Argentina. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$78.03
Average Daily Volume
178,235
19
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
$30.82
Average Daily Volume
14,595
23
Performance
| Period | ARGT | MGNR |
|---|---|---|
| 30 Days | 11.15% | 0.55% |
| 60 Days | 13.91% | 6.20% |
| 90 Days | 24.41% | 7.13% |
| 12 Months | 89.77% |
1 Overlapping Holdings
| Symbol | Grade | Weight in ARGT | Weight in MGNR | Overlap | |
|---|---|---|---|---|---|
| AGRO | A | 2.67% | 1.65% | 1.65% |
ARGT Underweight 22 Positions Relative to MGNR
| Symbol | Grade | Weight | |
|---|---|---|---|
| TRGP | A | -4.65% | |
| SW | A | -3.7% | |
| AA | A | -3.51% | |
| PR | C | -3.48% | |
| FANG | D | -3.16% | |
| KNTK | A | -2.96% | |
| X | D | -2.75% | |
| CDE | D | -2.43% | |
| FLNC | D | -2.35% | |
| BRBR | A | -2.18% | |
| GEV | A | -2.12% | |
| DAR | B | -2.12% | |
| CENX | A | -2.1% | |
| AR | B | -2.01% | |
| FSLR | F | -1.95% | |
| CF | A | -1.72% | |
| INGR | B | -1.66% | |
| PRIM | A | -1.46% | |
| CC | C | -1.39% | |
| CTVA | D | -1.07% | |
| NEM | F | -1.03% | |
| RRC | B | -0.98% |
ARGT: Top Represented Industries & Keywords
MGNR: Top Represented Industries & Keywords
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