MGNR vs. PXE ETF Comparison
Comparison of American Beacon GLG Natural Resources ETF (MGNR) to PowerShares Dynamic Energy E&P (PXE)
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
PXE
PowerShares Dynamic Energy E&P
PXE Description
The PowerShares Energy Exploration & Production Portfolio (Fund) is based on the Dynamic Energy Exploration & Production IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is composed of stocks of 30 U.S. companies involved in the exploration and production of natural resources used to produce energy. These companies are engaged principally in exploration, extraction and production of crude oil and natural gas from land-based or offshore wells. These companies include petroleum refineries that process the crude oil into finished products, such as gasoline and automotive lubricants, and companies involved in gathering and processing natural gas, and manufacturing natural gas liquid. The Fund is rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$35.92
Average Daily Volume
47,467
29
Performance
| Period | MGNR | PXE |
|---|---|---|
| 30 Days | 23.57% | 1.76% |
| 60 Days | 23.57% | 12.89% |
| 90 Days | 18.07% | |
| 12 Months | 41.79% |
MGNR Underweight 26 Positions Relative to PXE
| Symbol | Grade | Weight | |
|---|---|---|---|
| VLO | B | -5.35% | |
| MPC | B | -5.28% | |
| DVN | A | -5.27% | |
| COP | A | -5.19% | |
| EOG | A | -5.18% | |
| CTRA | A | -4.92% | |
| PSX | B | -4.83% | |
| SM | A | -3.0% | |
| CRK | A | -2.97% | |
| CNX | A | -2.92% | |
| PBF | A | -2.9% | |
| MRO | B | -2.87% | |
| MUR | A | -2.84% | |
| GPOR | A | -2.79% | |
| RRC | A | -2.76% | |
| CHK | A | -2.73% | |
| MTDR | A | -2.67% | |
| CHRD | A | -2.65% | |
| DK | B | -2.61% | |
| NFG | A | -2.6% | |
| APA | B | -2.54% | |
| CRC | A | -2.45% | |
| CRGY | F | -2.39% | |
| DINO | D | -2.3% | |
| CVI | D | -2.29% | |
| PARR | D | -1.98% |
MGNR: Top Represented Industries & Keywords
PXE: Top Represented Industries & Keywords
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