American Beacon GLG Natural Resources ETF (MGNR) belongs to the Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MGNR. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MGNR
MGNR charges 0.75% annually. There are 42 ETFs in the Energy Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | 0.08% | 36.84B | Dec 1998 | MGNR vs XLE | |
| Fidelity MSCI Energy Index ETF | 0.08% | 1.90B | Oct 2013 | MGNR vs FENY | |
| Vanguard Energy ETF | 0.09% | 11.80B | Sep 2004 | MGNR vs VDE | |
| Portfolio Building Block Integrated Oil & Gas and ... | 0.13% | 526.25M | Nov 2025 | MGNR vs PBOG | |
| Global X PureCap MSCI Energy ETF | 0.15% | — | Jul 2025 | MGNR vs GXPE |
Best Risk-Adjusted Alternatives to MGNR
MGNR has a PortfoliosLab risk / return rank of 75. There are 7 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung U.S. Natural Gas Infrastructure ET... | 91 | 7.93M | May 2025 | MGNR vs USNG | |
| Invesco Dynamic Oil & Gas Services ETF | 87 | 126.14M | Oct 2005 | MGNR vs PXJ | |
| Bastion Energy ETF | 84 | — | Jun 2025 | MGNR vs BESF | |
| FT Energy Income Partners Strategy ETF | 83 | 518.62M | Nov 2022 | MGNR vs EIPX | |
| SPDR S&P Oil & Gas Equipment & Services ETF | 82 | 527.65M | Jun 2006 | MGNR vs XES |
Top Performing MGNR Alternatives (YTD)
MGNR is at 13.14% YTD. There are 46 ETFs in the Energy Equities category with higher YTD returns, going as high as 42.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Dynamic Oil & Gas Services ETF | 42.12% | 126.14M | Oct 2005 | MGNR vs PXJ | |
| SPDR S&P Oil & Gas Equipment & Services ETF | 39.22% | 527.65M | Jun 2006 | MGNR vs XES | |
| Amplify Samsung U.S. Natural Gas Infrastructure ET... | 36.17% | 7.93M | May 2025 | MGNR vs USNG | |
| VanEck Oil Services ETF | 35.03% | 2.12B | Dec 2011 | MGNR vs OIH | |
| WEBs Energy XLE Defined Volatility ETF | 34.11% | — | Jul 2025 | MGNR vs DVXE |
Lowest Volatility Alternatives to MGNR
MGNR has 24.46% 1-year volatility. There are 39 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 10.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Macquarie Global Listed Infrastructure ETF | 10.86% | 6.30M | Nov 2023 | MGNR vs BILD | |
| FT Energy Income Partners Strategy ETF | 11.17% | 518.62M | Nov 2022 | MGNR vs EIPX | |
| Bny Mellon Global Infrastructure Income ETF | 11.64% | 1.14B | Nov 2022 | MGNR vs BKGI | |
| Westwood Salient Enhanced Midstream Income ETF | 12.45% | 152.76M | Apr 2024 | MGNR vs MDST | |
| NEOS MLP & Energy Infrastructure High Income ETF | 13.05% | 657.68M | Dec 2025 | MGNR vs MLPI |
Lowest Drawdown Alternatives to MGNR
MGNR has a 1-year max drawdown of -12.38%. There are 22 ETFs in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -5.17%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Energy Income Partners Strategy ETF | -5.17% | 518.62M | Nov 2022 | MGNR vs EIPX | |
| Macquarie Global Listed Infrastructure ETF | -6.05% | 6.30M | Nov 2023 | MGNR vs BILD | |
| Bny Mellon Global Infrastructure Income ETF | -6.16% | 1.14B | Nov 2022 | MGNR vs BKGI | |
| Westwood Salient Enhanced Midstream Income ETF | -6.74% | 152.76M | Apr 2024 | MGNR vs MDST | |
| Amplify Samsung U.S. Natural Gas Infrastructure ET... | -6.82% | 7.93M | May 2025 | MGNR vs USNG |
Other ETFs from American Beacon
The 3 most viewed American Beacon ETFs shown here include AHLT, BSR, BTR and span 3 categories. AUM among these funds goes as high as $133M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| American Beacon AHL Trend ETF | Systematic Trend | 66 | 9.50% | 133.25M | Aug 2023 | MGNR vs AHLT | |
| Beacon Selective Risk ETF | Tactical Allocation | 35 | 2.77% | 38.23M | Apr 2023 | MGNR vs BSR | |
| Beacon Tactical Risk ETF | Large Cap Blend Equities | 61 | 7.96% | 36.80M | Apr 2023 | MGNR vs BTR |
Often Compared With MGNR
Investors most often compare MGNR with FCCM.NEO, IDRV, CNEQ. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare MGNR with Any Fund or Stock
Compare MGNR with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MGNR with funds that move differently
American Beacon GLG Natural Resources ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MGNR.
Explore MGNR Diversifiers