MGNR vs. EVX ETF Comparison
Comparison of American Beacon GLG Natural Resources ETF (MGNR) to Market Vectors Environment Index ETF Fund (EVX)
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
EVX
Market Vectors Environment Index ETF Fund
EVX Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Environmental Services Index (the "Environmental Services Index"). The fund normally invests at least 80% of its total assets in common stocks and American depositary receipts ("ADRs") of companies involved in the environmental services industry. It is non-diversified.Grade (RS Rating)
Last Trade
$188.59
Average Daily Volume
1,124
20
Performance
Period | MGNR | EVX |
---|---|---|
30 Days | 6.59% | 2.90% |
60 Days | 8.67% | 4.89% |
90 Days | 11.27% | 5.43% |
12 Months | 32.17% |
1 Overlapping Holdings
Symbol | Grade | Weight in MGNR | Weight in EVX | Overlap | |
---|---|---|---|---|---|
DAR | C | 2.12% | 4.49% | 2.12% |
MGNR Overweight 22 Positions Relative to EVX
MGNR Underweight 19 Positions Relative to EVX
MGNR: Top Represented Industries & Keywords
EVX: Top Represented Industries & Keywords