Which is more different from the S&P 500, IGE or MGNR?

IGE has 49% of its weight in S&P 500 names and MGNR has 21%, so MGNR differs more from the index.

Which is cheaper, IGE or MGNR?

IGE charges 0.37% a year and MGNR charges 0.75%, so IGE is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

IGE vs MGNR: Holdings Overlap & Returns

Share on X Download as PDF

IGE holds 49.1% of its weight in S&P 500 companies and MGNR 21.3%.

askIQ about this page

askIQ about IGE and MGNR

Net assets: $797m on Nov 4, 2026 for iShares North American Natural Resources ETF, and $842m on Jul 31, 2026 for American Beacon GLG Natural Resources ETF.

IGE on its own →MGNR on its own →

At a glance

49.1%

IGE in the S&P 500

21.3%

MGNR in the S&P 500

+37.1%

IGE total return, 1 year

+21.7%

MGNR total return, 1 year

IGE · 1 year to Nov 4, 2026 51% of its weight is outside the S&P 500

49% of IGE's weight is in S&P 500 companies and 51% is outside the index. Holdings as of Nov 3, 2026.

MGNR · 1 year to Nov 4, 2026 79% of its weight is outside the S&P 500

21% of MGNR's weight is in S&P 500 companies and 79% is outside the index. Holdings as of Jul 31, 2026.

Pair scorecard

IGE costs 0.38 points a year less; their one-year returns differ by 15.4 points.

Points (pts) are percentage points.

IGE vs MGNR: Holdings Overlap & Returns
Measure	IGE	MGNR
Return
Measure	IGE	MGNR
Total return, 1 year	+37.1%	+21.7%
Drawdown
Measure	IGE	MGNR
Below its all-time high	5.4%, high on Oct 30, 2026	16.0%, high on Jun 2, 2026
Against its benchmark
Measure	IGE	MGNR
What it tracks	Natural resources	Natural resources
Its benchmark, total return, 1 year		+32.9%
Against its benchmark, 1 year		behind by 11.2 pts
Cost and size
Measure	IGE	MGNR
Expense ratio	0.37%	0.75%
Net assets, IGE as of Nov 4, 2026 and MGNR as of Jul 31, 2026	$797m	$842m
Holdings
Measure	IGE	MGNR
Holdings in common	not published

Method

Window by window

Window by window: IGE vs MGNR: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	IGE	MGNR	IGE	MGNR
3 months	+5.8%	−6.7%	not measured	−8.1 pts vs GNR
6 months	+4.0%	−12.8%	not measured	−13.2 pts vs GNR
1 year	+37.1%	+21.7%	not measured	−11.2 pts vs GNR
3 years	+64.8%	–	not measured	–
Since launchNot the same days: IGE Nov 2001 · MGNR Feb 2024	+595.7%	+98.8%	not measured	+45.6 pts vs GNR

– means no data for this window. Open this comparison in the app →

Side by side

IGE iShares North American Natural Resources ETF · Holds 151 stocks in natural resources, 49% of its weight in S&P 500 companies MGNR American Beacon GLG Natural Resources ETF · Holds 40 stocks in natural resources, 21% of its weight in S&P 500 companies

Issuer iShares American Beacon

Theme Natural resources Natural resources

In the S&P 500 49.1% 21.3%

Active share vs the S&P 500 97.5% 99.6%

In the Nasdaq-100 2.3% 2.3%

Holdings 151 40

Top ten, share of the fund 45.0% 41.3%

Expense ratio 0.37% 0.75%

Fee for the differing part 0.38% 0.75%

Total return, 1 year +37.1% +21.7%

vs its benchmark not measured −11.2 pts vs GNR

Below its high −5.4% −16.0%

Net assets, IGE as of Nov 4, 2026 and MGNR as of Jul 31, 2026 $797m $842m

As of Nov 4, 2026. Source: ETFIQ.

Client brief:

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Your saved page · Privacy.

Alert

About each fund

IGE

By weight, 49% of IGE's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 45% of the fund across 151 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned +37.1% with distributions reinvested. It sits 5.4% below its all-time high of Oct 30, 2026.

MGNR

By weight, 21% of MGNR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 41% of the fund across 40 positions, as filed for Jul 31, 2026. Over the year to Nov 4, 2026 the fund returned +21.7% with distributions reinvested against +32.9% for its benchmark, the S&P Global Natural Resources Index, so a holder was behind by 11.2 pts. It sits 16.0% below its all-time high of Jun 2, 2026.

Questions people ask

Which is more different from the S&P 500, IGE or MGNR?: IGE has 49% of its weight in S&P 500 names and MGNR has 21%, so MGNR differs more from the index.
Which is cheaper, IGE or MGNR?: IGE charges 0.37% a year and MGNR charges 0.75%, so IGE is cheaper. Fees come from each fund's prospectus.

Other comparisons

IGE vs CCNR IGE vs FTRI IGE vs CSNR IGE vs FTWO MGNR vs GNR MGNR vs FTRI MGNR vs CSNR MGNR vs FTWO

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →IGE on its own →MGNR on its own →IGE dividend history →IGE holdings →MGNR dividend history →Method →Standards and sources →

Sources and dates

IGE filings on SEC EDGAR ↗

IGE prospectus with the expense ratio (SEC) ↗

iShares page for IGE ↗

MGNR filings on SEC EDGAR ↗

MGNR prospectus with the expense ratio (SEC) ↗

American Beacon website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, IGE against MGNR, data as of Nov 4, 2026. https://etfiq.com/compare/themes/ige-vs-mgnr

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.