MGNR vs. IDRV
Compare and contrast key facts about American Beacon GLG Natural Resources ETF (MGNR) and iShares Self-Driving EV and Tech ETF (IDRV).
MGNR and IDRV 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. IDRV is a passively managed fund by iShares that tracks the performance of the NYSE FactSet Global Autonomous Driving and Electric Vehicle Index. It was launched on Apr 16, 2019.
Performance
MGNR vs. IDRV - Performance Comparison
Loading graphics...
MGNR vs. IDRV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MGNR American Beacon GLG Natural Resources ETF | 16.96% | 50.57% | 22.78% |
IDRV iShares Self-Driving EV and Tech ETF | 1.59% | 32.24% | -1.46% |
Returns By Period
In the year-to-date period, MGNR achieves a 16.96% return, which is significantly higher than IDRV's 1.59% return.
MGNR
- 1D
- 3.40%
- 1M
- -5.17%
- YTD
- 16.96%
- 6M
- 28.13%
- 1Y
- 75.70%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IDRV
- 1D
- 3.81%
- 1M
- -5.49%
- YTD
- 1.59%
- 6M
- 6.01%
- 1Y
- 34.35%
- 3Y*
- 2.36%
- 5Y*
- -1.93%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MGNR vs. IDRV - Expense Ratio Comparison
MGNR has a 0.75% expense ratio, which is higher than IDRV's 0.48% expense ratio.
Return for Risk
MGNR vs. IDRV — Risk / Return Rank
MGNR
IDRV
MGNR vs. IDRV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon GLG Natural Resources ETF (MGNR) and iShares Self-Driving EV and Tech ETF (IDRV). 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 | IDRV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.74 | 1.26 | +1.49 |
Sortino ratioReturn per unit of downside risk | 3.21 | 1.86 | +1.35 |
Omega ratioGain probability vs. loss probability | 1.49 | 1.24 | +0.25 |
Calmar ratioReturn relative to maximum drawdown | 4.62 | 2.00 | +2.62 |
Martin ratioReturn relative to average drawdown | 20.79 | 7.79 | +13.00 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| MGNR | IDRV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.74 | 1.26 | +1.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.07 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.71 | 0.28 | +1.44 |
Correlation
The correlation between MGNR and IDRV is 0.61, 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
MGNR vs. IDRV - Dividend Comparison
MGNR's dividend yield for the trailing twelve months is around 1.00%, less than IDRV's 1.68% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
MGNR American Beacon GLG Natural Resources ETF | 1.00% | 1.17% | 0.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IDRV iShares Self-Driving EV and Tech ETF | 1.68% | 1.70% | 2.68% | 2.17% | 2.29% | 1.12% | 0.69% | 1.29% |
Drawdowns
MGNR vs. IDRV - Drawdown Comparison
The maximum MGNR drawdown since its inception was -22.06%, smaller than the maximum IDRV drawdown of -53.00%. Use the drawdown chart below to compare losses from any high point for MGNR and IDRV.
Loading graphics...
Drawdown Indicators
| MGNR | IDRV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.06% | -53.00% | +30.94% |
Max Drawdown (1Y)Largest decline over 1 year | -16.06% | -16.33% | +0.27% |
Max Drawdown (5Y)Largest decline over 5 years | — | -53.00% | — |
Current DrawdownCurrent decline from peak | -5.43% | -25.25% | +19.82% |
Average DrawdownAverage peak-to-trough decline | -4.01% | -22.51% | +18.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.57% | 4.20% | -0.63% |
Volatility
MGNR vs. IDRV - Volatility Comparison
The current volatility for American Beacon GLG Natural Resources ETF (MGNR) is 9.73%, while iShares Self-Driving EV and Tech ETF (IDRV) has a volatility of 11.58%. This indicates that MGNR experiences smaller price fluctuations and is considered to be less risky than IDRV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MGNR | IDRV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.73% | 11.58% | -1.85% |
Volatility (6M)Calculated over the trailing 6-month period | 19.87% | 18.45% | +1.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.75% | 27.45% | +0.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.41% | 27.44% | -2.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.41% | 28.10% | -2.69% |