WEED vs. MGNR ETF Comparison
Comparison of Roundhill Cannabis ETF (WEED) to American Beacon GLG Natural Resources ETF (MGNR)
WEED
Roundhill Cannabis ETF
WEED Description
The fund is an actively managed ETF that seeks to achieve its investment objective by investing primarily in exchange-listed equity securities and total return swaps intended to provide exposure to the cannabis and hemp ecosystem. Under normal circumstances, at least 80% of the fund?s net assets will be invested in equity securities, including common stock and depositary receipts, of companies and REITs that derive at least 50% of their net revenue from, or invest a majority of their assets in, the cannabis and hemp ecosystem (?Cannabis Companies?). It is non-diversified.
Grade (RS Rating)
Last Trade
$20.33
Average Daily Volume
6,855
1
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
$32.43
Average Daily Volume
15,156
23
Performance
| Period | WEED | MGNR |
|---|---|---|
| 30 Days | -32.06% | 4.39% |
| 60 Days | -27.90% | 7.42% |
| 90 Days | -30.32% | 11.76% |
| 12 Months | -29.50% |
0 Overlapping Holdings
| Symbol | Grade | Weight in WEED | Weight in MGNR | Overlap |
|---|
WEED Overweight 1 Positions Relative to MGNR
| Symbol | Grade | Weight | |
|---|---|---|---|
| FIZZ | C | 3.82% |
WEED Underweight 23 Positions Relative to MGNR
| Symbol | Grade | Weight | |
|---|---|---|---|
| TRGP | A | -4.65% | |
| SW | A | -3.7% | |
| AA | A | -3.51% | |
| PR | B | -3.48% | |
| FANG | C | -3.16% | |
| KNTK | A | -2.96% | |
| X | C | -2.75% | |
| CDE | C | -2.43% | |
| FLNC | C | -2.35% | |
| BRBR | A | -2.18% | |
| GEV | A | -2.12% | |
| DAR | C | -2.12% | |
| CENX | B | -2.1% | |
| AR | B | -2.01% | |
| FSLR | F | -1.95% | |
| CF | A | -1.72% | |
| INGR | B | -1.66% | |
| AGRO | D | -1.65% | |
| PRIM | A | -1.46% | |
| CC | C | -1.39% | |
| CTVA | C | -1.07% | |
| NEM | D | -1.03% | |
| RRC | B | -0.98% |
WEED: Top Represented Industries & Keywords
MGNR: Top Represented Industries & Keywords
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