American Beacon GLG Natural Resources ETF (MGNR)
MGNR is an actively managed ETF by American Beacon. MGNR launched on Feb 5, 2024 and has a 0.75% expense ratio.
ETF Info
| Issuer | American Beacon |
|---|---|
| Inception Date | Feb 5, 2024 |
| Category | Energy Equities |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Value |
Expense Ratio
MGNR features an expense ratio of 0.75%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in American Beacon GLG Natural Resources ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 17.79% |
| 1 month | 0.38% | 0.18% |
| 6 months | 7.32% | 7.53% |
| 1 year | N/A | 26.42% |
| 5 years (annualized) | N/A | 13.48% |
| 10 years (annualized) | N/A | 10.85% |
Monthly Returns
The table below presents the monthly returns of MGNR, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 4.37% | 11.51% | 4.41% | 7.59% | -6.67% | -0.79% | -0.37% | 20.85% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for American Beacon GLG Natural Resources ETF (MGNR) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
American Beacon GLG Natural Resources ETF granted a 0.44% dividend yield in the last twelve months. The annual payout for that period amounted to $0.13 per share.
| Period | TTM |
|---|---|
| Dividend | $0.13 |
Dividend yield | 0.44% |
Monthly Dividends
The table displays the monthly dividend distributions for American Beacon GLG Natural Resources ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.08 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.13 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the American Beacon GLG Natural Resources ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the American Beacon GLG Natural Resources ETF was 17.75%, occurring on Aug 5, 2024. The portfolio has not yet recovered.
The current American Beacon GLG Natural Resources ETF drawdown is 8.41%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.75% | May 21, 2024 | 52 | Aug 5, 2024 | — | — | — |
| -4.96% | Apr 30, 2024 | 2 | May 1, 2024 | 4 | May 7, 2024 | 6 |
| -3.53% | Apr 10, 2024 | 7 | Apr 18, 2024 | 5 | Apr 25, 2024 | 12 |
| -2.44% | Feb 13, 2024 | 1 | Feb 13, 2024 | 2 | Feb 15, 2024 | 3 |
| -1.48% | Feb 20, 2024 | 1 | Feb 20, 2024 | 1 | Feb 21, 2024 | 2 |
Volatility
Volatility Chart
The current American Beacon GLG Natural Resources ETF volatility is 8.35%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.