MGNR vs. BILD

Last updated Apr 2, 2026

Compare and contrast key facts about American Beacon GLG Natural Resources ETF (MGNR) and Macquarie Global Listed Infrastructure ETF (BILD).

MGNR and BILD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MGNR is an actively managed fund by American Beacon. It was launched on Feb 5, 2024. BILD is an actively managed fund by Macquarie. It was launched on Nov 28, 2023.

Performance

MGNR vs. BILD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Beacon GLG Natural Resources ETF (MGNR) and Macquarie Global Listed Infrastructure ETF (BILD). The values are adjusted to include any dividend payments, if applicable.

MGNR vs. BILD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MGNR American Beacon GLG Natural Resources ETF	17.82%	50.57%	22.78%
BILD Macquarie Global Listed Infrastructure ETF	9.56%	21.08%	1.11%

Returns By Period

In the year-to-date period, MGNR achieves a 17.82% return, which is significantly higher than BILD's 9.56% return.

MGNR

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

BILD

• 1D: 0.55%
• 1M: -2.79%
• YTD: 9.56%
• 6M: 11.25%
• 1Y: 26.51%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MGNR vs. BILD - Expense Ratio Comparison

MGNR has a 0.75% expense ratio, which is higher than BILD's 0.49% expense ratio.

MGNR

American Beacon GLG Natural Resources ETF

BILD

Macquarie Global Listed Infrastructure ETF

Return for Risk

MGNR vs. BILD — 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

BILD

BILD Risk / Return Rank: 91
BILD Sharpe Ratio Rank: 91
BILD Sortino Ratio Rank: 91
BILD Omega Ratio Rank: 91
BILD Calmar Ratio Rank: 90
BILD Martin Ratio Rank: 92

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.

MGNR vs. BILD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Beacon GLG Natural Resources ETF (MGNR) and Macquarie Global Listed Infrastructure ETF (BILD). 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.

	MGNR	BILD	Difference
Sharpe ratio Return per unit of total volatility	2.75	2.10	+0.65
Sortino ratio Return per unit of downside risk	3.21	2.74	+0.47
Omega ratio Gain probability vs. loss probability	1.49	1.41	+0.08
Calmar ratio Return relative to maximum drawdown	4.80	3.30	+1.49
Martin ratio Return relative to average drawdown	21.49	14.23	+7.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MGNR vs. BILD - Sharpe Ratio Comparison

The current MGNR Sharpe Ratio is 2.75, which is higher than the BILD Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of MGNR and BILD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MGNR	BILD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.75	2.10	+0.65
Sharpe Ratio (All Time) Calculated using the full available price history	1.73	1.03	+0.70

Correlation

The correlation between MGNR and BILD is 0.38, 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

MGNR vs. BILD - Dividend Comparison

MGNR's dividend yield for the trailing twelve months is around 0.99%, less than BILD's 2.80% yield.

	TTM	2025	2024	2023
MGNR American Beacon GLG Natural Resources ETF	0.99%	1.17%	0.79%	0.00%
BILD Macquarie Global Listed Infrastructure ETF	2.80%	3.05%	5.53%	0.52%

Drawdowns

MGNR vs. BILD - Drawdown Comparison

The maximum MGNR drawdown since its inception was -22.06%, which is greater than BILD's maximum drawdown of -14.78%. Use the drawdown chart below to compare losses from any high point for MGNR and BILD.

Drawdown Indicators

	MGNR	BILD	Difference
Max Drawdown Largest peak-to-trough decline	-22.06%	-14.78%	-7.28%
Max Drawdown (1Y) Largest decline over 1 year	-16.06%	-8.09%	-7.97%
Current Drawdown Current decline from peak	-4.73%	-2.98%	-1.75%
Average Drawdown Average peak-to-trough decline	-4.01%	-3.75%	-0.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.58%	1.88%	+1.70%

Volatility

MGNR vs. BILD - Volatility Comparison

American Beacon GLG Natural Resources ETF (MGNR) has a higher volatility of 8.76% compared to Macquarie Global Listed Infrastructure ETF (BILD) at 3.66%. This indicates that MGNR's price experiences larger fluctuations and is considered to be riskier than BILD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MGNR	BILD	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.76%	3.66%	+5.10%
Volatility (6M) Calculated over the trailing 6-month period	19.87%	7.35%	+12.52%
Volatility (1Y) Calculated over the trailing 1-year period	27.73%	12.66%	+15.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.39%	13.12%	+12.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.39%	13.12%	+12.27%