IVV vs MGNR
iShares Core S&P 500 ETF vs American Beacon GLG Natural Resources ETF
Quick Verdict
IVV has a lower expense ratio. MGNR delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | MGNR | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.75% | |
| AUM | $907.0B | $198M | |
| Dividend Yield | 1.10% | 0.84% | |
| Holdings | 508 | 45 | |
| YTD Return | +12.28% | +22.49% | |
| 1Y Return | +20.94% | +59.31% | |
| 3Y Return (annualized) | +21.81% | - | |
| 5Y Return (annualized) | +13.05% | - | |
| Volatility (annualized) | 15.1% | 21.9% | |
| Max Drawdown | -56.5% | -22.1% | |
| Fund Family | iShares by BlackRock (US) | American Beacon Funds | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Feb 5, 2024 |
IVV vs MGNR Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and American Beacon GLG Natural Resources ETF (MGNR) is a ETF from American Beacon Funds. Over the past year IVV returned +20.94% while MGNR returned +59.31%. Year to date, IVV is up 12.28% versus a gain of 22.49% for MGNR.
Risk: Volatility and Drawdowns
MGNR has been the more volatile fund, with annualized monthly volatility of 21.9% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -56.5% for IVV and -22.1% for MGNR. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.42. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while MGNR charges 0.75%. On a $10,000 position that is $3 vs $75 annually, a gap of $72 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.84% for MGNR.
Holdings Overlap
IVV and MGNR share 8 holdings out of 539 unique holdings combined, representing a 0.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or MGNR?
IVV has an expense ratio of 0.03% while MGNR charges 0.75%. IVV is the cheaper option. On a $10,000 investment, that is $72 per year of difference.
Which performed better, IVV or MGNR?
Over the past year IVV returned +20.94% vs +59.31% for MGNR, so MGNR leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +6.98% vs +38.81% for MGNR. Past performance does not guarantee future results.
Which is riskier, IVV or MGNR?
MGNR has been the more volatile fund at 21.9% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs MGNR -22.1%.
Should I hold both IVV and MGNR?
IVV and MGNR have a monthly-return correlation of 0.42, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and MGNR?
IVV and MGNR share 8 common holdings with a 0.4% weight overlap. Combined, they hold 539 unique securities.
Which pays a higher dividend, IVV or MGNR?
IVV yields 1.10% while MGNR yields 0.84%, so IVV currently pays the higher dividend yield.
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