CNRG vs. MGNR ETF Comparison
Comparison of SPDR S&P Kensho Clean Power ETF (CNRG) to American Beacon GLG Natural Resources ETF (MGNR)
CNRG
SPDR S&P Kensho Clean Power ETF
CNRG Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Clean Power Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to capture companies whose products and services are driving innovation behind clean power. The fund may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds. It is non-diversified.
Grade (RS Rating)
Last Trade
$63.49
Average Daily Volume
12,989
41
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
$32.72
Average Daily Volume
18,379
23
Performance
Period | CNRG | MGNR |
---|---|---|
30 Days | 6.28% | 6.59% |
60 Days | -1.27% | 8.67% |
90 Days | 1.55% | 11.27% |
12 Months | 0.89% |
CNRG Overweight 38 Positions Relative to MGNR
Symbol | Grade | Weight | |
---|---|---|---|
BE | B | 4.95% | |
TSLA | B | 4.2% | |
GNRC | B | 3.85% | |
ACA | A | 3.79% | |
CEG | D | 3.28% | |
NEE | D | 3.24% | |
ORA | B | 3.2% | |
AGR | B | 3.12% | |
ALE | A | 3.1% | |
AY | B | 3.06% | |
DQ | F | 3.0% | |
CMI | A | 2.87% | |
VMI | B | 2.74% | |
GLW | B | 2.71% | |
JKS | F | 2.68% | |
AMSC | B | 2.64% | |
NOVA | F | 2.37% | |
AMRC | F | 2.29% | |
TAC | B | 2.25% | |
ADTN | A | 2.2% | |
EBR | F | 2.18% | |
RUN | F | 2.12% | |
ROCK | C | 2.11% | |
AES | F | 2.06% | |
PLUG | F | 2.01% | |
CSIQ | F | 1.96% | |
SHLS | F | 1.9% | |
AMAT | F | 1.56% | |
ARRY | C | 1.48% | |
ENPH | F | 1.44% | |
RNW | D | 1.43% | |
AMPS | C | 1.42% | |
HY | D | 1.3% | |
SEDG | F | 0.74% | |
GNE | D | 0.67% | |
TPIC | F | 0.4% | |
MNTK | F | 0.36% | |
ENIC | D | 0.33% |
CNRG Underweight 20 Positions Relative to MGNR
CNRG: Top Represented Industries & Keywords
MGNR: Top Represented Industries & Keywords