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Launched

American Beacon GLG Natural Resources ETF

MGNRNYSE ArcaAmerican BeaconD

$46.74−0.29 (−0.61%)

As of Nov 3, 2026, 3:59 PM ET

D30/ 100

Rank 11 of 14 in Natural Resources

D30/100Rank 11 of 14inNatural Resources
Intraday session: down, 79 prints from 47.03 to 46.74. Range 46.66 to 47.16. Use the arrow keys to read each point.46.8046.9047.1010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$1.23B
1Y total return
+16.7%
Yield · Last 12 months
0.84%
Holdings
52
Avg volume · 30D
184K sh
52W range
low $39.11high $56.45
Launched

The ETF.net MGNR Grade

Based on 5 of 6 pillars

D

Score 30 out of 100

Category
Natural Resources⁠
Rank
11 of 14
Six-pillar profile for MGNR. Scores out of 100: Cost 8, Risk 29, Mission not scored, Tradability 51, Holdings 57, Durability 53. Strongest: Holdings (57). Weakest: Cost (8). Based on 5 of 6 pillars.

Score 30 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F8 out of 100
    Rank 13 of 14

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D29 out of 100
    Rank 13 of 14

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C51 out of 100
    Rank 8 of 14

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B57 out of 100
    Rank 8 of 14

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C53 out of 100
    Rank 7 of 14

Our read on MGNR

ETF.net Research

In short

DAn actively run slice of the companies that dig, drill and grow the world's raw materials, launched in 2024. Its peer group is stuffed with cheap broad-market core funds; this one is the specialist picking resource stocks by hand.

Stated mandate

The Fund seeks long-term capital appreciation and invests primarily in equity securities of companies engaged in natural resources and related businesses.

Why people hold it

  • Stock picking, not index following: the managers hunt for long-term capital appreciation in natural-resources equities and can lean wherever they see value in the complex.
  • A rule keeps it honest: at least 80% of net assets must sit in natural-resources and resources-related equities, so the theme can't quietly drift into something else.yahoo.com
  • Real traction for a niche 2024 launch: assets in the hundreds of millions and moderate daily volume, not one of those thinly traded oddities.
  • Pays quarterly, and among active US equity ETFs it lands in the upper half of the pack on our review.

Worth knowing

  • Specialist pricing: 0.75% a year is above the typical active US equity ETF and several times what core peers such as DFAU (0.12%) or AVLC (0.15%) charge.
  • One theme, one cycle. Resource equities track commodity prices, which move in bigger swings than a diversified core portfolio.
  • Young fund: it opened in 2024, so its risk record covers a short stretch rather than a full commodity cycle.

MGNR Performance

Launched Feb 5, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
MGNR$11,674
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. MGNR $11,674. SPY $11,146. Use the arrow keys to read each point.$10,000$12,000$14,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for MGNR. Periods over one year show the average yearly return.
PeriodMGNR
Year to date+7.2%
1 month−5.1%
3 months−3.5%
1 year+16.7%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for MGNR
YearReturn barMGNR
2026 YTD+7.2%
2025+50.5%
2024+22.8%

History from Feb 6, 2024

MGNR in the news

MGNR Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 2, 2026.
0.84%Last 12 months
Payout per share
$0.40Last 12 months
Last payment
$0.05 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2024–2026

One bar per payment. 11 payments from 2024 to 2026 YTD. Apr 2, 2024 $0.08; Jul 2, 2024 $0.05; Oct 2, 2024 $0.07; Dec 20, 2024 $0.04; Apr 2, 2025 $0.07; Jul 2, 2025 $0.24; Oct 2, 2025 $0.06; Dec 22, 2025 $0.15; Apr 2, 2026 $0.15; Jul 2, 2026 $0.05; Oct 2, 2026 $0.05. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Oct 2, 2026Oct 6, 2026$0.05
Jul 2, 2026Jul 7, 2026$0.05
Apr 2, 2026Apr 7, 2026$0.15
Dec 22, 2025Dec 24, 2025$0.15
Oct 2, 2025Oct 6, 2025$0.06
Jul 2, 2025Jul 7, 2025$0.24
Apr 2, 2025Apr 4, 2025$0.07
Dec 20, 2024Dec 24, 2024$0.04
Oct 2, 2024Oct 4, 2024$0.07
Jul 2, 2024Jul 5, 2024$0.05
Apr 2, 2024Apr 5, 2024$0.08

$10,000 in MGNR 1 year ago paid $101 in dividends.

MGNR Risk

Risk pillarD29 out of 100Rank 13 of 14 in Natural Resources
How much the fund’s monthly returns vary, scaled to a year.
23.0%
Annualised · 32 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.98
vs 3-month T-bills · 32 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−22.1%
32 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.74
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

MGNR Cost

Compare MGNR and NANR

Overpaying vs NANR, cheapest in Natural Resources

$7,356

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • MGNR 0.75%

    $14,482

  • NANR 0.35% Cheapest

    $7,126

$10,000
30 years

Cost over time

  • MGNR 0.75%
  • NANR 0.35%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530MGNR $14,482NANR $7,126

Year by year

YearMGNRNANROverpaying
10$1,336$634$702
20$5,078$2,454$2,624
30$14,482$7,126$7,356

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