AMND vs. MGNR

Last updated Apr 2, 2026

Compare and contrast key facts about ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND) and American Beacon GLG Natural Resources ETF (MGNR).

AMND and MGNR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMND is a passively managed fund by UBS that tracks the performance of the Alerian Midstream Energy Dividend Index. It was launched on Jul 15, 2020. MGNR is an actively managed fund by American Beacon. It was launched on Feb 5, 2024.

Performance

AMND vs. MGNR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND) and American Beacon GLG Natural Resources ETF (MGNR). The values are adjusted to include any dividend payments, if applicable.

AMND vs. MGNR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AMND ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050	0.00%	0.00%	40.80%
MGNR American Beacon GLG Natural Resources ETF	17.82%	50.57%	22.78%

Returns By Period

AMND

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MGNR

• 1D: 0.74%
• 1M: -4.73%
• YTD: 17.82%
• 6M: 27.81%
• 1Y: 75.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMND vs. MGNR - Expense Ratio Comparison

Both AMND and MGNR have an expense ratio of 0.75%.

AMND

ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050

MGNR

American Beacon GLG Natural Resources ETF

Return for Risk

AMND vs. MGNR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MGNR

MGNR Risk / Return Rank: 96
MGNR Sharpe Ratio Rank: 96
MGNR Sortino Ratio Rank: 95
MGNR Omega Ratio Rank: 96
MGNR Calmar Ratio Rank: 96
MGNR Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMND vs. MGNR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND) and American Beacon GLG Natural Resources ETF (MGNR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AMND	MGNR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.73	—

Correlation

The correlation between AMND and MGNR is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

AMND vs. MGNR - Dividend Comparison

AMND has not paid dividends to shareholders, while MGNR's dividend yield for the trailing twelve months is around 0.99%.

	TTM	2025	2024	2023	2022	2021	2020
AMND ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050	0.00%	0.00%	5.14%	6.56%	6.37%	7.10%	2.49%
MGNR American Beacon GLG Natural Resources ETF	0.99%	1.17%	0.79%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	AMND	MGNR	Difference
Max Drawdown Largest peak-to-trough decline	—	-22.06%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-16.06%	—
Current Drawdown Current decline from peak	—	-4.73%	—
Average Drawdown Average peak-to-trough decline	—	-4.01%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.58%	—

Volatility

Volatility by Period

	AMND	MGNR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.76%	—
Volatility (6M) Calculated over the trailing 6-month period	—	19.87%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	27.73%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	25.39%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	25.39%	—