RSHO vs. MGNR ETF Comparison
Comparison of Tema American Reshoring ETF (RSHO) to American Beacon GLG Natural Resources ETF (MGNR)
RSHO
Tema American Reshoring ETF
RSHO Description
Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, common and preferred stocks of publicly listed companies domiciled in the United States that are directly or indirectly economically tied to the rebuilding, bringing back of overseas economic activity, and revitalization of the American (i.e., United States) industrial base ("reshoring companies"). The fund is non-diversified.
Grade (RS Rating)
Last Trade
$37.61
Average Daily Volume
20,087
25
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
$30.30
Average Daily Volume
13,226
25
Performance
| Period | RSHO | MGNR |
|---|---|---|
| 30 Days | 0.34% | -2.01% |
| 60 Days | 7.95% | 9.14% |
| 90 Days | 8.87% | 12.85% |
| 12 Months | 35.77% |
1 Overlapping Holdings
| Symbol | Grade | Weight in RSHO | Weight in MGNR | Overlap | |
|---|---|---|---|---|---|
| PRIM | A | 4.41% | 1.34% | 1.34% |
RSHO Overweight 24 Positions Relative to MGNR
| Symbol | Grade | Weight | |
|---|---|---|---|
| AIT | A | 5.92% | |
| ETN | B | 5.35% | |
| ROK | D | 5.12% | |
| CLH | C | 5.06% | |
| IR | C | 4.44% | |
| FAST | A | 4.32% | |
| FLR | B | 3.84% | |
| VMC | A | 3.68% | |
| PH | A | 3.61% | |
| CAT | B | 3.45% | |
| HRI | B | 3.16% | |
| FSS | F | 3.12% | |
| ABBV | A | 3.05% | |
| LIN | D | 3.03% | |
| ATI | F | 2.95% | |
| WCC | A | 2.66% | |
| DHR | F | 2.55% | |
| EMR | A | 2.54% | |
| ALLE | C | 2.53% | |
| UNP | F | 2.25% | |
| TEX | F | 2.23% | |
| TKR | C | 2.17% | |
| APG | B | 2.01% | |
| TSM | B | 1.5% |
RSHO Underweight 24 Positions Relative to MGNR
| Symbol | Grade | Weight | |
|---|---|---|---|
| TRGP | A | -4.08% | |
| SW | A | -3.51% | |
| AA | B | -3.34% | |
| PR | F | -3.33% | |
| FSLR | C | -3.03% | |
| FANG | D | -2.94% | |
| X | C | -2.47% | |
| FLNC | A | -2.43% | |
| AR | F | -2.2% | |
| CDE | C | -2.0% | |
| CENX | B | -1.91% | |
| KNTK | B | -1.86% | |
| LBRT | F | -1.77% | |
| GEV | A | -1.77% | |
| INGR | C | -1.7% | |
| NEM | D | -1.69% | |
| AGRO | B | -1.57% | |
| DAR | C | -1.56% | |
| BRBR | A | -1.48% | |
| CF | B | -1.3% | |
| CTVA | A | -1.02% | |
| RRC | C | -0.99% | |
| RUN | C | -0.92% | |
| ENPH | D | -0.43% |
RSHO: Top Represented Industries & Keywords
MGNR: Top Represented Industries & Keywords
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