XES vs. MGNR
Compare and contrast key facts about SPDR S&P Oil & Gas Equipment & Services ETF (XES) and American Beacon GLG Natural Resources ETF (MGNR).
XES and MGNR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XES is a passively managed fund by State Street that tracks the performance of the S&P Oil & Gas Equipment & Services Select Industry Index. It was launched on Jun 19, 2006. MGNR is an actively managed fund by American Beacon. It was launched on Feb 5, 2024.
Performance
XES vs. MGNR - Performance Comparison
Loading graphics...
XES vs. MGNR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
XES SPDR S&P Oil & Gas Equipment & Services ETF | 39.21% | 5.89% | 0.66% |
MGNR American Beacon GLG Natural Resources ETF | 17.82% | 50.57% | 22.78% |
Returns By Period
In the year-to-date period, XES achieves a 39.21% return, which is significantly higher than MGNR's 17.82% return.
XES
- 1D
- -2.19%
- 1M
- 0.77%
- YTD
- 39.21%
- 6M
- 55.34%
- 1Y
- 59.95%
- 3Y*
- 16.36%
- 5Y*
- 16.76%
- 10Y*
- -2.56%
MGNR
- 1D
- 0.74%
- 1M
- -4.73%
- YTD
- 17.82%
- 6M
- 27.81%
- 1Y
- 75.84%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
XES vs. MGNR - Expense Ratio Comparison
XES has a 0.35% expense ratio, which is lower than MGNR's 0.75% expense ratio.
Return for Risk
XES vs. MGNR — Risk / Return Rank
XES
MGNR
XES vs. MGNR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Oil & Gas Equipment & Services ETF (XES) 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.
| XES | MGNR | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.50 | 2.75 | -1.25 |
Sortino ratioReturn per unit of downside risk | 1.97 | 3.21 | -1.24 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.49 | -0.20 |
Calmar ratioReturn relative to maximum drawdown | 2.26 | 4.80 | -2.53 |
Martin ratioReturn relative to average drawdown | 6.81 | 21.49 | -14.68 |
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
| XES | MGNR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.50 | 2.75 | -1.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.06 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.08 | 1.73 | -1.81 |
Correlation
The correlation between XES and MGNR is 0.58, 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
XES vs. MGNR - Dividend Comparison
XES's dividend yield for the trailing twelve months is around 1.22%, more than MGNR's 0.99% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XES SPDR S&P Oil & Gas Equipment & Services ETF | 1.22% | 1.69% | 1.31% | 0.66% | 0.36% | 1.81% | 1.33% | 1.43% | 1.14% | 1.68% | 0.64% | 2.47% |
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
XES vs. MGNR - Drawdown Comparison
The maximum XES drawdown since its inception was -95.65%, which is greater than MGNR's maximum drawdown of -22.06%. Use the drawdown chart below to compare losses from any high point for XES and MGNR.
Loading graphics...
Drawdown Indicators
| XES | MGNR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.65% | -22.06% | -73.59% |
Max Drawdown (1Y)Largest decline over 1 year | -27.52% | -16.06% | -11.46% |
Max Drawdown (5Y)Largest decline over 5 years | -45.95% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -91.23% | — | — |
Current DrawdownCurrent decline from peak | -73.12% | -4.73% | -68.39% |
Average DrawdownAverage peak-to-trough decline | -54.22% | -4.01% | -50.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.15% | 3.58% | +5.57% |
Volatility
XES vs. MGNR - Volatility Comparison
The current volatility for SPDR S&P Oil & Gas Equipment & Services ETF (XES) is 7.93%, while American Beacon GLG Natural Resources ETF (MGNR) has a volatility of 8.76%. This indicates that XES 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.
Loading graphics...
Volatility by Period
| XES | MGNR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.93% | 8.76% | -0.83% |
Volatility (6M)Calculated over the trailing 6-month period | 22.22% | 19.87% | +2.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.10% | 27.73% | +12.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.83% | 25.39% | +14.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.19% | 25.39% | +19.80% |