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 46 ETFs in the Energy Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity MSCI Energy Index ETF | 0.08% | 2.03B | Oct 2013 | MGNR vs FENY | |
| State Street Energy Select Sector SPDR ETF | 0.08% | 38.95B | Dec 1998 | MGNR vs XLE | |
| Vanguard Energy ETF | 0.10% | 12.70B | Sep 2004 | MGNR vs VDE | |
| Portfolio Building Block Integrated Oil & Gas and ... | 0.13% | 11.66M | 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 91. There are 2 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Oil Refiners ETF | 93 | 171.68M | Aug 2015 | MGNR vs CRAK | |
| SPDR S&P Oil & Gas Equipment & Services ETF | 92 | 578.84M | Jun 2006 | MGNR vs XES | |
| Invesco Dynamic Oil & Gas Services ETF | 91 | 128.85M | Oct 2005 | MGNR vs PXJ | |
| Ishares Lithium Miners And Producers ETF | 91 | 25.66M | Jun 2023 | MGNR vs ILIT | |
| VanEck Vectors Oil Services ETF | 91 | 2.37B | Dec 2011 | MGNR vs OIH |
Top Performing MGNR Alternatives (YTD)
MGNR is at 28.15% YTD. There are 29 ETFs in the Energy Equities category with higher YTD returns, going as high as 51.54%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR S&P Oil & Gas Equipment & Services ETF | 51.54% | 578.84M | Jun 2006 | MGNR vs XES | |
| VanEck Vectors Oil Services ETF | 51.16% | 2.37B | Dec 2011 | MGNR vs OIH | |
| iShares U.S. Oil Equipment & Services ETF | 47.79% | 636.98M | May 2006 | MGNR vs IEZ | |
| Invesco Dynamic Oil & Gas Services ETF | 47.03% | 128.85M | Oct 2005 | MGNR vs PXJ | |
| WEBs Energy XLE Defined Volatility ETF | 42.81% | — | Jul 2025 | MGNR vs DVXE |
Lowest Volatility Alternatives to MGNR
MGNR has 23.04% 1-year volatility. There are 38 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 9.04%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ClearBridge Sustainable Infrastructure ETF | 9.04% | 12.46M | Dec 2022 | MGNR vs INFR | |
| Macquarie Global Listed Infrastructure ETF | 10.78% | 6.30M | Nov 2023 | MGNR vs BILD | |
| FT Energy Income Partners Strategy ETF | 11.21% | 523.56M | Nov 2022 | MGNR vs EIPX | |
| Bny Mellon Global Infrastructure Income ETF | 11.63% | 1.08B | Nov 2022 | MGNR vs BKGI | |
| Westwood Salient Enhanced Midstream Income ETF | 12.12% | 152.76M | Apr 2024 | MGNR vs MDST |
Lowest Drawdown Alternatives to MGNR
MGNR has a 1-year max drawdown of -12.38%. There are 36 ETFs in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -4.12%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Energy Income Partners Strategy ETF | -4.12% | 523.56M | Nov 2022 | MGNR vs EIPX | |
| iShares North American Natural Resources ETF | -5.54% | 803.30M | Oct 2001 | MGNR vs IGE | |
| Macquarie Global Listed Infrastructure ETF | -6.05% | 6.30M | Nov 2023 | MGNR vs BILD | |
| TrueShares Eagle Global Renewable Energy Income ET... | -6.06% | 7.72M | Dec 2022 | MGNR vs RNWZ | |
| Bny Mellon Global Infrastructure Income ETF | -6.16% | 1.08B | Nov 2022 | MGNR vs BKGI |
Other ETFs from American Beacon
The 3 most viewed American Beacon ETFs shown here include AHLT, BTR, BSR and span 3 categories. AUM among these funds goes as high as $49M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| American Beacon AHL Trend ETF | Systematic Trend | 68 | 12.65% | 49.47M | Aug 2023 | MGNR vs AHLT | |
| Beacon Tactical Risk ETF | Large Cap Blend Equities | 58 | 8.53% | 36.80M | Apr 2023 | MGNR vs BTR | |
| Beacon Selective Risk ETF | Tactical Allocation | 35 | 3.01% | 38.23M | Apr 2023 | MGNR vs BSR |
Often Compared With MGNR
Investors most often compare MGNR with FCCM.NEO, CNEQ, IDRV. These 20 comparison targets span 6 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