{
 "ticker": "MGNR",
 "name": "American Beacon GLG Natural Resources ETF",
 "issuer": "American Beacon",
 "desk": "themes",
 "url": "https://etfiq.com/funds/mgnr",
 "html": "https://etfiq.com/funds/mgnr",
 "markdown": "https://etfiq.com/funds/mgnr.md",
 "as_of": "2026-11-04",
 "verdict": "Over the year to Nov 4, 2026, MGNR returned 21.7%, against 32.9% for GNR.",
 "promise": {
  "badge": null,
  "label": "Not measured",
  "category": "themes",
  "sentence": "ETFIQ has not yet listed which companies belong to the natural resources theme",
  "figure": null,
  "unit": null,
  "from": null,
  "to": null,
  "url": "https://etfiq.com/promise-index/"
 },
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "21.3%",
   "source": null,
   "as_of": "2026-11-04",
   "sentence": "MGNR, already in the S&P 500: 21.3%, as of Nov 4, 2026.",
   "cite": {
    "value": "21.3%",
    "as_of": "2026-11-04",
    "source": null,
    "url": "https://etfiq.com/funds/mgnr#fact-already-in-the-s-p-500",
    "text": "MGNR, already in the S&P 500: 21.3%, as of Nov 4, 2026."
   }
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "99.6%",
   "source": "ETFIQ",
   "as_of": "2026-11-04",
   "sentence": "MGNR, active share vs the S&P 500: 99.6%, as of Nov 4, 2026.",
   "cite": {
    "value": "99.6%",
    "as_of": "2026-11-04",
    "source": "ETFIQ",
    "url": "https://etfiq.com/funds/mgnr#fact-active-share-vs-the-s-p-500",
    "text": "MGNR, active share vs the S&P 500: 99.6%, as of Nov 4, 2026."
   }
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "41.3%",
   "source": null,
   "as_of": "2026-11-04",
   "sentence": "MGNR, top ten holdings: 41.3%, as of Nov 4, 2026.",
   "cite": {
    "value": "41.3%",
    "as_of": "2026-11-04",
    "source": null,
    "url": "https://etfiq.com/funds/mgnr#fact-top-ten-holdings",
    "text": "MGNR, top ten holdings: 41.3%, as of Nov 4, 2026."
   }
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+21.7%",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-11-04",
   "sentence": "MGNR, total return, 1 year: +21.7%, as of Nov 4, 2026.",
   "cite": {
    "value": "+21.7%",
    "as_of": "2026-11-04",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/mgnr#fact-total-return-1-year",
    "text": "MGNR, total return, 1 year: +21.7%, as of Nov 4, 2026."
   }
  },
  {
   "key": "12_month_yield_capital_gains_included_on_its_starting_price",
   "label": "12-month yield, capital gains included, on its starting price",
   "value": "1.0%",
   "source": "computed by ETFIQ from Tiingo daily prices and distributions",
   "as_of": "2026-11-04",
   "sentence": "MGNR, 12-month yield, capital gains included, on its starting price: 1.0%, as of Nov 4, 2026.",
   "cite": {
    "value": "1.0%",
    "as_of": "2026-11-04",
    "source": "computed by ETFIQ from Tiingo daily prices and distributions",
    "url": "https://etfiq.com/funds/mgnr#fact-12-month-yield-capital-gains-included-on-its-starting-price",
    "text": "MGNR, 12-month yield, capital gains included, on its starting price: 1.0%, as of Nov 4, 2026."
   }
  },
  {
   "key": "last_payment",
   "label": "Last payment (paid quarterly), ex-date Oct 2, 2026",
   "value": "$0.0465",
   "source": "Tiingo end-of-day distributions",
   "as_of": "2026-10-02",
   "sentence": "MGNR, last payment (paid quarterly), ex-date Oct 2, 2026: $0.0465, as of Oct 2, 2026.",
   "cite": {
    "value": "$0.0465",
    "as_of": "2026-10-02",
    "source": "Tiingo end-of-day distributions",
    "url": "https://etfiq.com/funds/mgnr#fact-last-payment",
    "text": "MGNR, last payment (paid quarterly), ex-date Oct 2, 2026: $0.0465, as of Oct 2, 2026."
   }
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$842m",
   "source": "SEC filing, whole fund, as filed for Jul 31, 2026",
   "as_of": "2026-07-31",
   "sentence": "MGNR, net assets: $842m (SEC filing, whole fund, as filed for Jul 31, 2026).",
   "cite": {
    "value": "$842m",
    "as_of": "2026-07-31",
    "source": "SEC filing, whole fund, as filed for Jul 31, 2026",
    "url": "https://etfiq.com/funds/mgnr#fact-net-assets",
    "text": "MGNR, net assets: $842m (SEC filing, whole fund, as filed for Jul 31, 2026)."
   }
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, May 28, 2026",
   "as_of": "2026-05-28",
   "sentence": "MGNR, expense ratio: 0.75% (485BPOS XBRL, May 28, 2026).",
   "cite": {
    "value": "0.75%",
    "as_of": "2026-05-28",
    "source": "485BPOS XBRL, May 28, 2026",
    "url": "https://etfiq.com/funds/mgnr#fact-expense-ratio",
    "text": "MGNR, expense ratio: 0.75% (485BPOS XBRL, May 28, 2026)."
   }
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Natural resources",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "Feb 6, 2024",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "21.3%",
   "source": "ETFIQ"
  },
  {
   "key": "outside_the_s_p_500_by_weight",
   "label": "Outside the S&P 500, by weight",
   "value": "79%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "99.6%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "2.3%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "99.8%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "41.3%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "40",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Jul 31, 2026",
   "source": "SEC N-PORT"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "ArcelorMittal SA 4.7%, Hudbay Minerals Inc 4.7%, Teck Resources Ltd 4.4%, Smurfit Westrock PLC 4.4%, Range Resources Corp 4.4%, Vista Energy SAB de CV 3.8%, First Quantum Minerals Ltd 3.8%, Venture Global Inc 3.8%, Antero Resources Corp 3.7%, Darling Ingredients Inc 3.6%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$842m",
   "source": "SEC filing, whole fund, as filed for Jul 31, 2026"
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "S&P Global Natural Resources Index, measured by GNR, which tracks the same index",
   "source": "ETFIQ, from its filings"
  },
  {
   "key": "benchmark_named_in",
   "label": "Benchmark named in",
   "value": "its shareholder report, N-CSR/A, Apr 8, 2026",
   "source": null
  },
  {
   "key": "mgnr_1_year_to_nov_4_2026",
   "label": "MGNR, 1 year to Nov 4, 2026",
   "value": "+21.7%",
   "source": null
  },
  {
   "key": "gnr_the_same_days",
   "label": "GNR, the same days",
   "value": "+32.9%",
   "source": null
  },
  {
   "key": "against_its_benchmark_1_year",
   "label": "Against its benchmark, 1 year",
   "value": "\u221211.2 pts",
   "source": "ETFIQ"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u221216.0%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, May 28, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.75%",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Total return": "\u22125.7%",
   "Benchmark (GNR)": "\u22120.5%",
   "Gap to GNR": "\u22125.2 pts",
   "S&P 500 (SPY)": "\u22121.0%"
  },
  {
   "window": "3 months",
   "Total return": "\u22126.7%",
   "Benchmark (GNR)": "+1.4%",
   "Gap to GNR": "\u22128.1 pts",
   "S&P 500 (SPY)": "\u22120.1%"
  },
  {
   "window": "6 months",
   "Total return": "\u221212.8%",
   "Benchmark (GNR)": "+0.4%",
   "Gap to GNR": "\u221213.2 pts",
   "S&P 500 (SPY)": "+5.0%"
  },
  {
   "window": "Year to date",
   "Total return": "+7.6%",
   "Benchmark (GNR)": "+21.1%",
   "Gap to GNR": "\u221213.5 pts",
   "S&P 500 (SPY)": "+13.3%"
  },
  {
   "window": "1 year",
   "Total return": "+21.7%",
   "Benchmark (GNR)": "+32.9%",
   "Gap to GNR": "\u221211.2 pts",
   "S&P 500 (SPY)": "+14.8%"
  },
  {
   "window": "Since launch",
   "Total return": "+98.8%",
   "Benchmark (GNR)": "+53.2%",
   "Gap to GNR": "+45.6 pts",
   "S&P 500 (SPY)": "+60.3%"
  },
  {
   "window": "Since launch, annualised",
   "Total return": "+28.4%",
   "Benchmark (GNR)": "\u2013",
   "Gap to GNR": "\u2013",
   "S&P 500 (SPY)": "\u2013"
  }
 ],
 "questions": [
  {
   "q": "How much of MGNR is in S&P 500 companies?",
   "a": "By its holdings filed for Jul 31, 2026, 21% of MGNR by weight is stocks the S&P 500 already holds. Its active share against the index is 100%, so that share is the part doing something different."
  },
  {
   "q": "What does MGNR hold?",
   "a": "40 positions as filed for Jul 31, 2026, with the top ten at 41% of the fund. The largest are ArcelorMittal SA at 4.7%, Hudbay Minerals Inc at 4.7%, Teck Resources Ltd at 4.4%."
  },
  {
   "q": "Has MGNR beaten the S&P 500?",
   "a": "Over the year to Nov 4, 2026 MGNR returned +21.7% with distributions reinvested, against +14.8% for the S&P 500, so it finished ahead of the index by 6.9 points."
  },
  {
   "q": "What does MGNR cost?",
   "a": "The prospectus expense ratio is 0.75% a year. Because 100% of the fund differs from the S&P 500, the fee on that differing part works out at 0.75%."
  }
 ],
 "key_stats": [
  {
   "key": "high52",
   "label": "52-week high, daily closes to Nov 4, 2026",
   "value": "$56.35 on Jun 2, 2026",
   "as_of": "2026-06-02",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 56.35,
   "window": {
    "from": "2025-11-05",
    "to": "2026-11-04"
   }
  },
  {
   "key": "low52",
   "label": "52-week low, daily closes to Nov 4, 2026",
   "value": "$39.26 on Nov 20, 2025",
   "as_of": "2025-11-20",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 39.258,
   "window": {
    "from": "2025-11-05",
    "to": "2026-11-04"
   }
  },
  {
   "key": "inrange",
   "label": "Close on Nov 4, 2026, within that range",
   "value": "$47.21, 47% of the way from the low to the high",
   "as_of": "2026-11-04",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 47.21
  },
  {
   "key": "beta",
   "label": "Beta to its benchmark, 1 year",
   "value": "1.24, against GNR",
   "as_of": "2026-11-04",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 1.242,
   "window": {
    "from": "2025-11-05",
    "to": "2026-11-04"
   }
  },
  {
   "key": "r2",
   "label": "R-squared, the same days",
   "value": "0.77",
   "as_of": "2026-11-04",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 0.7653,
   "window": {
    "from": "2025-11-05",
    "to": "2026-11-04"
   }
  },
  {
   "key": "betawin",
   "label": "Beta and R-squared measured over",
   "value": "251 daily total returns, Nov 5, 2025 to Nov 4, 2026",
   "as_of": "2026-11-04",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "window": {
    "from": "2025-11-05",
    "to": "2026-11-04"
   }
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "40",
   "as_of": "2026-11-04",
   "source": null
  },
  {
   "key": "top10",
   "label": "Top ten holdings weight",
   "value": "41.3%",
   "as_of": "2026-11-04",
   "source": null
  }
 ],
 "trading": {
  "as_of": "2026-04-15",
  "score": null,
  "tier": null,
  "status": "not-scored",
  "lines": [
   "Not scored."
  ],
  "page": "https://etfiq.com/funds/mgnr/trading/"
 },
 "outside_us": [
  {
   "key": "statutory",
   "label": "US tax withheld on dividends, no treaty",
   "value": "30%",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf",
   "number": 30.0,
   "url": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf"
  },
  {
   "key": "treaty",
   "label": "Treaty rates on dividends (IRS table, read Oct 30, 2026)",
   "value": "65 countries, 10% to 30%",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf",
   "number": 65.0,
   "url": "https://www.irs.gov/individuals/international-taxpayers/tax-treaty-tables"
  },
  {
   "key": "qii",
   "label": "MGNR interest-related and short-term gain dividends",
   "value": "not read by ETFIQ"
  },
  {
   "key": "estate",
   "label": "US estate tax filing threshold, non-resident holders",
   "value": "$60,000",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/instructions/i706na",
   "number": 60000.0,
   "url": "https://www.irs.gov/instructions/i706na"
  },
  {
   "key": "dist",
   "label": "Share class",
   "value": "Distributing",
   "source": "https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title26-section852&num=0&edition=prelim",
   "url": "https://etfiq.com/learn/non-us-holders"
  }
 ],
 "generated": "2026-11-05",
 "license": "https://etfiq.com/license/",
 "license_text": "Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, MGNR, thematic ETFs, data as of Nov 4, 2026. https://etfiq.com/funds/mgnr"
}