MGNR vs. XLE
Compare and contrast key facts about American Beacon GLG Natural Resources ETF (MGNR) and State Street Energy Select Sector SPDR ETF (XLE).
MGNR and XLE 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. XLE is a passively managed fund by State Street that tracks the performance of the Energy Select Sector Index. It was launched on Dec 16, 1998.
Performance
MGNR vs. XLE - Performance Comparison
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MGNR vs. XLE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MGNR American Beacon GLG Natural Resources ETF | 16.96% | 50.57% | 22.78% |
XLE State Street Energy Select Sector SPDR ETF | 37.91% | 7.88% | 5.89% |
Returns By Period
In the year-to-date period, MGNR achieves a 16.96% return, which is significantly lower than XLE's 37.91% return.
MGNR
- 1D
- 3.40%
- 1M
- -5.17%
- YTD
- 16.96%
- 6M
- 28.13%
- 1Y
- 75.70%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XLE
- 1D
- -1.13%
- 1M
- 10.27%
- YTD
- 37.91%
- 6M
- 39.21%
- 1Y
- 35.32%
- 3Y*
- 17.71%
- 5Y*
- 23.99%
- 10Y*
- 11.65%
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MGNR vs. XLE - Expense Ratio Comparison
MGNR has a 0.75% expense ratio, which is higher than XLE's 0.08% expense ratio.
Return for Risk
MGNR vs. XLE — Risk / Return Rank
MGNR
XLE
MGNR vs. XLE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon GLG Natural Resources ETF (MGNR) and State Street Energy Select Sector SPDR ETF (XLE). 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 | XLE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.74 | 1.42 | +1.32 |
Sortino ratioReturn per unit of downside risk | 3.21 | 1.84 | +1.37 |
Omega ratioGain probability vs. loss probability | 1.49 | 1.28 | +0.22 |
Calmar ratioReturn relative to maximum drawdown | 4.62 | 1.96 | +2.67 |
Martin ratioReturn relative to average drawdown | 20.79 | 5.16 | +15.63 |
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
| MGNR | XLE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.74 | 1.42 | +1.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.93 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.40 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.71 | 0.32 | +1.40 |
Correlation
The correlation between MGNR and XLE is 0.45, 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. XLE - Dividend Comparison
MGNR's dividend yield for the trailing twelve months is around 1.00%, less than XLE's 2.44% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGNR American Beacon GLG Natural Resources ETF | 1.00% | 1.17% | 0.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLE State Street Energy Select Sector SPDR ETF | 2.44% | 3.28% | 3.36% | 3.55% | 3.68% | 4.21% | 5.62% | 6.72% | 3.54% | 3.03% | 2.26% | 3.39% |
Drawdowns
MGNR vs. XLE - Drawdown Comparison
The maximum MGNR drawdown since its inception was -22.06%, smaller than the maximum XLE drawdown of -71.26%. Use the drawdown chart below to compare losses from any high point for MGNR and XLE.
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Drawdown Indicators
| MGNR | XLE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.06% | -71.26% | +49.20% |
Max Drawdown (1Y)Largest decline over 1 year | -16.06% | -18.79% | +2.73% |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.04% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -66.81% | — |
Current DrawdownCurrent decline from peak | -5.43% | -2.08% | -3.35% |
Average DrawdownAverage peak-to-trough decline | -4.01% | -18.05% | +14.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.57% | 7.14% | -3.57% |
Volatility
MGNR vs. XLE - Volatility Comparison
American Beacon GLG Natural Resources ETF (MGNR) has a higher volatility of 9.73% compared to State Street Energy Select Sector SPDR ETF (XLE) at 5.05%. This indicates that MGNR's price experiences larger fluctuations and is considered to be riskier than XLE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MGNR | XLE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.73% | 5.05% | +4.68% |
Volatility (6M)Calculated over the trailing 6-month period | 19.87% | 13.94% | +5.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.75% | 24.93% | +2.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.41% | 26.06% | -0.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.41% | 29.48% | -4.07% |