MGNR vs. COWS ETF Comparison
Comparison of American Beacon GLG Natural Resources ETF (MGNR) to Amplify Cash Flow Dividend Leaders ETF (COWS)
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
COWS
Amplify Cash Flow Dividend Leaders ETF
COWS Description
COWS is an index tracking fund utilizing a replication strategy. The index strategy aims to invest in US stocks of companies perceived to be stable and pay dividends. The starting investment universe considers the 1000 most liquid US-listed companies, excluding the financial sector. Filtering this universe, the 100 highest ranked free cash flow yielding stocks, as measured by equally weighting the stocks average trailing and forward cash flow yield. Companies with no forward estimates for free cash flow yields or earnings are removed. The investment universe is then filtered to identify dividend paying stocks with three years of uninterrupted dividend growth. Stocks with a payout ratio greater than 75% are eliminated. The top 10% of dividend yielding stocks are selected for the index. This process results in 40-100 stocks being selected and initially equally weighted in the index. Industry exposure is capped at 24%. Index holdings are reconstituted and rebalanced on a quarterly basis.Grade (RS Rating)
Last Trade
$28.14
Average Daily Volume
9,289
10
Performance
| Period | MGNR | COWS |
|---|---|---|
| 30 Days | 23.57% | -4.81% |
| 60 Days | 23.57% | 2.70% |
| 90 Days | 4.81% | |
| 12 Months |
0 Overlapping Holdings
| Symbol | Grade | Weight in MGNR | Weight in COWS | Overlap |
|---|
MGNR: Top Represented Industries & Keywords
COWS: Top Represented Industries & Keywords
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