BlackRock Natural Resources Trust Fund (MAGRX) belongs to the Energy Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MAGRX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MAGRX
MAGRX charges 0.87% annually. There are 16 mutual funds in the Energy Equities category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Energy Index Fund Admiral Shares | 0.10% | 11.80B | Oct 2004 | MAGRX vs VENAX | |
| Vanguard Energy Fund Admiral Shares | 0.33% | 7.10B | Nov 2001 | MAGRX vs VGELX | |
| Vanguard Energy Opportunities Fund Investor Shares | 0.45% | 7.10B | May 1984 | MAGRX vs VGENX | |
| Frontier MFG Core Infrastructure Fund | 0.50% | — | Jan 2012 | MAGRX vs FMGIX | |
| T. Rowe Price New Era Fund | 0.56% | — | Jan 1969 | MAGRX vs PRNEX |
Best Risk-Adjusted Alternatives to MAGRX
MAGRX has a PortfoliosLab risk / return rank of 50. There are 32 mutual funds in the Energy Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Global Energy Transition Fund Class Y | 96 | — | May 2007 | MAGRX vs RSNYX | |
| Victory Global Energy Transition Fund | 96 | — | Nov 1995 | MAGRX vs RSNRX | |
| Cohen & Steers MLP & Energy Opportunity Fund, Inc. | 95 | — | Dec 2013 | MAGRX vs MLOZX | |
| Delaware Ivy Energy Fund | 93 | — | Apr 2006 | MAGRX vs IEYYX | |
| GMO Resources Fund | 86 | — | Dec 2011 | MAGRX vs GOFIX |
Top Performing MAGRX Alternatives (YTD)
MAGRX is at 11.11% YTD. There are 65 mutual funds in the Energy Equities category with higher YTD returns, going as high as 61.97%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Oil Equipment & Services UltraSector ProFund | 61.97% | — | Jun 2006 | MAGRX vs OEPIX | |
| Rydex Energy Services Fund | 37.59% | — | Mar 1998 | MAGRX vs RYVIX | |
| Victory Global Energy Transition Fund Class Y | 34.31% | — | May 2007 | MAGRX vs RSNYX | |
| Victory Global Energy Transition Fund | 34.09% | — | Nov 1995 | MAGRX vs RSNRX | |
| Cohen & Steers MLP & Energy Opportunity Fund, Inc. | 32.43% | — | Dec 2013 | MAGRX vs MLOZX |
Lowest Volatility Alternatives to MAGRX
MAGRX has 17.35% 1-year volatility. There are 56 mutual funds in the Energy Equities category with lower 1-year volatility, going as low as 7.94%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pax Global Sustainable Infrastructure Fund | 7.94% | — | Dec 2016 | MAGRX vs PAXDX | |
| JHancock Infrastructure Fund | 9.87% | — | Dec 2013 | MAGRX vs JEEIX | |
| Cohen & Steers Global Infrastructure Fund, Inc. | 9.87% | — | May 2004 | MAGRX vs CSUIX | |
| Centre Global Infrastructure Fund | 9.96% | — | Jan 2018 | MAGRX vs DHIVX | |
| EIP Growth and Income Fund (NEW) | 9.97% | — | Aug 2006 | MAGRX vs EIPIX |
Lowest Drawdown Alternatives to MAGRX
MAGRX has a 1-year max drawdown of -9.27%. There are 51 mutual funds in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -4.49%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pax Global Sustainable Infrastructure Fund | -4.49% | — | Dec 2016 | MAGRX vs PAXDX | |
| EIP Growth and Income Fund (NEW) | -4.51% | — | Aug 2006 | MAGRX vs EIPIX | |
| Cohen & Steers MLP & Energy Opportunity Fund, Inc. | -4.71% | — | Dec 2013 | MAGRX vs MLOZX | |
| Centre Global Infrastructure Fund | -5.29% | — | Jan 2018 | MAGRX vs DHIVX | |
| Delaware Ivy Energy Fund | -5.56% | — | Apr 2006 | MAGRX vs IEYYX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 30 | 11.26% | — | Sep 2021 | MAGRX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 65 | 9.77% | — | Jul 1993 | MAGRX vs WFSPX | |
| BlackRock Global Long/Short Equity Fund Class I | Long-Short | 96 | 13.03% | — | Dec 2012 | MAGRX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 69 | 12.39% | — | May 2011 | MAGRX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 77 | 11.90% | — | Dec 1991 | MAGRX vs FASGX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 28 | 1.80% | — | Aug 2005 | MAGRX vs BDJ | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 64 | 11.89% | — | Jul 2010 | MAGRX vs ASFYX | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 69 | 43.67% | — | Apr 2000 | MAGRX vs BGSAX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 77 | 14.17% | — | Sep 1999 | MAGRX vs FAMRX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 79 | 7.45% | — | Oct 2007 | MAGRX vs FFANX |
Often Compared With MAGRX
Investors most often compare MAGRX with HYGW, GAGEX, VUG. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare MAGRX with Any Fund or Stock
Compare MAGRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MAGRX with funds that move differently
BlackRock Natural Resources Trust Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MAGRX.
Explore MAGRX Diversifiers