---
ticker: "MGNR"
name: "American Beacon GLG Natural Resources ETF"
url: "https://etf.net/etf/MGNR"
grade: "D"
score: 30
graded_at: "2026-10-12"
category: "Natural Resources"
category_rank: "11 of 14"
methodology: "https://etf.net/methodology"
---

# MGNR: American Beacon GLG Natural Resources ETF

Grade **D**, Score 30 of 100. Rank 11 of 14 in Natural Resources.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 8 | 13 of 14 |
| Mission | Not scored | — |
| Risk | 30 | 14 of 14 |
| Tradability | 49 | 8 of 14 |
| Holdings | 59 | 7 of 14 |
| Durability | 53 | 7 of 14 |

## Top holdings

The fund holds 51 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | MT | Arcelormittal Ny Registered Ny Reg Shrs | 4.24% |
| 2 | RRC | Range Resources Corp Common Stock USD.01 | 4.20% |
| 3 | VG | Venture Global Inc Class A Common Stock USD.01 | 4.18% |
| 4 | SW | Smurfit Westrock PLC Common Stock | 3.90% |
| 5 | HBM | Hudbay Minerals Inc Common Stock | 3.81% |
| 6 | TECK | Teck Resources Ltd Cls B Common Stock | 3.73% |
| 7 | AU | Anglogold Ashanti PLC Common Stock | 3.71% |
| 8 | AR | Antero Resources Corp Common Stock USD.01 | 3.59% |
| 9 | EQX | Equinox Gold Corp Common Stock | 3.58% |
| 10 | VIST | Vista Energy Sab De Cv Adr | 3.54% |
| 11 | DAR | Darling Ingredients Inc Common Stock USD.01 | 3.52% |
| 12 | 3750 | Contemporary Amperex Techn H Common Stock CNY1.0 | 3.41% |
| 13 | FCX | Freeport Mcmoran Inc Common Stock USD.1 | 3.27% |
| 14 | KGC | Kinross Gold Corp Common Stock | 3.24% |
| 15 | MEOH | Methanex Corp Common Stock | 3.03% |
| 16 | BG | Bunge Global SA Common Stock USD.01 | 3.01% |
| 17 | FM | First Quantum Minerals Ltd Common Stock | 3.00% |
| 18 | NESTE | Neste Oyj Common Stock | 2.83% |
| 19 | PR | Permian Resources Corp Class A Common Stock USD.0001 | 2.32% |
| 20 | AA | Alcoa Corp Common Stock USD.01 | 2.21% |
| 21 | FANG | Diamondback Energy Inc Common Stock USD.01 | 2.17% |
| 22 | CS | Capstone Copper Corp Common Stock | 2.04% |
| 23 | BE | Bloom Energy Corp A Common Stock USD.0001 | 1.83% |
| 24 | GFI | Gold Fields Ltd Spons Adr Adr | 1.77% |
| 25 | HL | Hecla Mining Co Common Stock USD.25 | 1.69% |
| 26 | EGO | Eldorado Gold Corp Common Stock | 1.53% |
| 27 | NTR | Nutrien Ltd Common Stock | 1.51% |
| 28 | VYLR | Vylor Inc Common Stock USD.01 | 1.47% |
| 29 | NXT | Nextpower Inc Common Stock USD.0001 | 1.45% |
| 30 | IP | International Paper Co Common Stock USD1.0 | 1.39% |

Source: etf.net, https://etf.net/etf/MGNR. Please cite the page URL.