MOO vs. MGNR ETF Comparison
Comparison of Market Vectors Agribusiness ETF (MOO) to American Beacon GLG Natural Resources ETF (MGNR)
MOO
Market Vectors Agribusiness ETF
MOO Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® Global Agribusiness Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Agribusiness Index is comprised of equity securities of companies that generate at least 50% of their revenues from: (i) agri-chemicals and fertilizers, seeds and traits, (ii) farm/irrigation equipment and farm machinery and/or (iii) agricultural products, aquaculture and fishing, livestocks, plantations and trading of agricultural products. It is non-diversified.
Grade (RS Rating)
Last Trade
$71.52
Average Daily Volume
57,791
17
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 | MOO | MGNR |
|---|---|---|
| 30 Days | -0.83% | 6.59% |
| 60 Days | -3.08% | 8.67% |
| 90 Days | -2.17% | 11.27% |
| 12 Months | -0.40% |
MOO Underweight 20 Positions Relative to MGNR
MOO: Top Represented Industries & Keywords
MGNR: Top Represented Industries & Keywords
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