HJEN vs. MGNR ETF Comparison
Comparison of Direxion Hydrogen ETF (HJEN) to American Beacon GLG Natural Resources ETF (MGNR)
HJEN
Direxion Hydrogen ETF
HJEN Description
The Direxion Hydrogen ETF offers exposure to 30 companies leading the way towards net-zero emissions by providing more accessible, efficient, sustainable solutions across the following five hydrogen-related sub-themes. HJEN may be considered a satellite holding to complement other broader positions within a portfolio. Hydrogen Production and Generation: Companies involved in the process of hydrogen generation, in either liquid or solid form. Hydrogen Storage and Supply: Companies engaged in providing storage and transportation services of hydrogen. It also includes companies that supply hydrogen to various users and operate hydrogen fueling stations across countries. Fuel Cell and Battery: Companies manufacturing fuel cells and batteries that are run on hydrogen-based technology. Hydrogen Systems and Solutions: Companies offering equipment, components or technology used in hydrogen industry. Those involved in providing solutions and systems to the value chain across hydrogen generation, storage and supply. Membrane and Catalyst: Companies that design and produce membrane, filters, catalyst or membrane assemblies for fuel cell, or hydrogen-related, technologies.
Grade (RS Rating)
Last Trade
$10.39
Average Daily Volume
13,975
7
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
$30.29
Average Daily Volume
37,778
7
Performance
| Period | HJEN | MGNR |
|---|---|---|
| 30 Days | -4.82% | 23.57% |
| 60 Days | -0.42% | 23.57% |
| 90 Days | -5.50% | |
| 12 Months | -23.20% |
1 Overlapping Holdings
| Symbol | Grade | Weight in HJEN | Weight in MGNR | Overlap | |
|---|---|---|---|---|---|
| APD | C | 4.31% | 3.25% | 3.25% |
HJEN: Top Represented Industries & Keywords
MGNR: Top Represented Industries & Keywords
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