IEO vs. MGNR
Compare and contrast key facts about iShares U.S. Oil & Gas Exploration & Production ETF (IEO) and American Beacon GLG Natural Resources ETF (MGNR).
IEO and MGNR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IEO is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Oil Exploration & Production Index. It was launched on May 5, 2006. MGNR is an actively managed fund by American Beacon. It was launched on Feb 5, 2024.
Performance
IEO vs. MGNR - Performance Comparison
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IEO vs. MGNR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IEO iShares U.S. Oil & Gas Exploration & Production ETF | 35.85% | 2.15% | 0.55% |
MGNR American Beacon GLG Natural Resources ETF | 17.82% | 50.57% | 22.78% |
Returns By Period
In the year-to-date period, IEO achieves a 35.85% return, which is significantly higher than MGNR's 17.82% return.
IEO
- 1D
- -3.37%
- 1M
- 7.98%
- YTD
- 35.85%
- 6M
- 30.59%
- 1Y
- 29.93%
- 3Y*
- 14.93%
- 5Y*
- 22.54%
- 10Y*
- 11.67%
MGNR
- 1D
- 0.74%
- 1M
- -4.73%
- YTD
- 17.82%
- 6M
- 27.81%
- 1Y
- 75.84%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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IEO vs. MGNR - Expense Ratio Comparison
IEO has a 0.42% expense ratio, which is lower than MGNR's 0.75% expense ratio.
Return for Risk
IEO vs. MGNR — Risk / Return Rank
IEO
MGNR
IEO vs. MGNR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Oil & Gas Exploration & Production ETF (IEO) 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.
| IEO | MGNR | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.98 | 2.75 | -1.77 |
Sortino ratioReturn per unit of downside risk | 1.39 | 3.21 | -1.83 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.49 | -0.29 |
Calmar ratioReturn relative to maximum drawdown | 1.40 | 4.80 | -3.39 |
Martin ratioReturn relative to average drawdown | 4.35 | 21.49 | -17.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IEO | MGNR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.98 | 2.75 | -1.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 1.73 | -1.56 |
Correlation
The correlation between IEO and MGNR is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
IEO vs. MGNR - Dividend Comparison
IEO's dividend yield for the trailing twelve months is around 1.95%, more than MGNR's 0.99% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEO iShares U.S. Oil & Gas Exploration & Production ETF | 1.95% | 2.61% | 2.63% | 3.00% | 3.77% | 2.62% | 3.17% | 1.85% | 1.67% | 0.94% | 0.98% | 2.03% |
MGNR American Beacon GLG Natural Resources ETF | 0.99% | 1.17% | 0.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IEO vs. MGNR - Drawdown Comparison
The maximum IEO drawdown since its inception was -79.17%, which is greater than MGNR's maximum drawdown of -22.06%. Use the drawdown chart below to compare losses from any high point for IEO and MGNR.
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Drawdown Indicators
| IEO | MGNR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.17% | -22.06% | -57.11% |
Max Drawdown (1Y)Largest decline over 1 year | -21.95% | -16.06% | -5.89% |
Max Drawdown (5Y)Largest decline over 5 years | -31.46% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -75.00% | — | — |
Current DrawdownCurrent decline from peak | -6.43% | -4.73% | -1.70% |
Average DrawdownAverage peak-to-trough decline | -26.42% | -4.01% | -22.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.07% | 3.58% | +3.49% |
Volatility
IEO vs. MGNR - Volatility Comparison
The current volatility for iShares U.S. Oil & Gas Exploration & Production ETF (IEO) is 7.35%, while American Beacon GLG Natural Resources ETF (MGNR) has a volatility of 8.76%. This indicates that IEO experiences smaller price fluctuations and is considered to be less risky than MGNR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IEO | MGNR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.35% | 8.76% | -1.41% |
Volatility (6M)Calculated over the trailing 6-month period | 17.66% | 19.87% | -2.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.67% | 27.73% | +2.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.64% | 25.39% | +5.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.94% | 25.39% | +9.55% |