MGNR vs. PBOG
MGNR (American Beacon GLG Natural Resources ETF) and PBOG (Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF) are both Energy Equities funds. MGNR is actively managed, while PBOG is passively managed. At a 0.17 correlation, their price movements are largely independent. MGNR charges 0.75%/yr vs 0.13%/yr for PBOG.
Performance
MGNR vs. PBOG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MGNR achieves a 11.44% return, which is significantly lower than PBOG's 25.11% return.
MGNR
- 1D
- 1.60%
- 1M
- -6.66%
- 6M
- 4.34%
- YTD
- 11.44%
- 1Y
- 48.48%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PBOG
- 1D
- 0.21%
- 1M
- -2.13%
- 6M
- 21.62%
- YTD
- 25.11%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MGNR vs. PBOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MGNR American Beacon GLG Natural Resources ETF | 11.44% | 8.00% |
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF | 25.11% | 1.39% |
Correlation
The correlation between MGNR and PBOG is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 25, 2025 | 0.17 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MGNR vs. PBOG — Risk / Return Rank
MGNR
PBOG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MGNR vs. PBOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon GLG Natural Resources ETF (MGNR) and Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF (PBOG). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MGNR | PBOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.33 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.18 | — | — |
| Martin ratioReturn relative to average drawdown | 9.91 | — | — |
Loading charts...
Drawdowns
MGNR vs. PBOG - Drawdown Comparison
The maximum MGNR drawdown since its inception was -22.06%, which is greater than PBOG's maximum drawdown of -19.24%. Use the drawdown chart below to compare losses from any high point for MGNR and PBOG.
Loading charts...
Drawdown Indicators
| MGNR | PBOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.06% | -19.24% | -2.82% |
Max Drawdown (1Y)Largest decline over 1 year | -15.34% | — | — |
Current DrawdownCurrent decline from peak | -13.04% | -11.82% | -1.22% |
Average DrawdownAverage peak-to-trough decline | -4.18% | -4.96% | +0.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.91% | — | — |
Volatility
MGNR vs. PBOG - Volatility Comparison
Loading charts...
Volatility by Period
| MGNR | PBOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.73% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 19.30% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 24.61% | 24.14% | +0.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.19% | 24.14% | +1.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.19% | 24.14% | +1.05% |
MGNR vs. PBOG - Expense Ratio Comparison
MGNR has a 0.75% expense ratio, which is higher than PBOG's 0.13% expense ratio.
Dividends
MGNR vs. PBOG - Dividend Comparison
MGNR's dividend yield for the trailing twelve months is around 0.84%, more than PBOG's 0.14% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
MGNR American Beacon GLG Natural Resources ETF | 0.84% | 1.17% | 0.79% |
PBOG Portfolio Building Block Integrated Oil & Gas and Exploration & Production Index ETF | 0.14% | 0.17% | 0.00% |
Frequently Asked Questions
MGNR and PBOG have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PBOG is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PBOG is cheaper with a 0.13% expense ratio, compared with 0.75% for MGNR.
MGNR has the higher dividend yield at 0.84%, compared with 0.14% for PBOG.
They also come from different issuers: American Beacon and Portfolio Building Blocks. Their fees differ too: 0.75% for MGNR and 0.13% for PBOG.
Find the right allocation for MGNR and PBOG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer