MNA vs. IETC ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to iShares Evolved U.S. Technology ETF (IETC)
MNA
IQ Merger Arbitrage ETF
MNA Description
The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Merger Arbitrage Index. The fund employs a "passive management" to track the performance of the underlying index, which was developed by Financial Development Holdco LLC ("IndexIQ"). The underlying index seeks to employ a systematic investment process designed to identify opportunities in companies whose equity securities trade in developed markets, including the U.S., and which are involved in announced mergers, acquisitions and other buyout-related transactions. It is non-diversified.
Grade (RS Rating)
Last Trade
$31.11
Average Daily Volume
58,691
Number of Holdings
*
36
* may have additional holdings in another (foreign) market
IETC
iShares Evolved U.S. Technology ETF
IETC Description
The investment seeks to provide access to U.S. companies with technology exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization technology companies. It will hold common stock of those companies that fall into the Technology Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as technology companies. The fund is non-diversified.Grade (RS Rating)
Last Trade
$70.68
Average Daily Volume
35,946
Number of Holdings
*
150
* may have additional holdings in another (foreign) market
Performance
| Period | MNA | IETC |
|---|---|---|
| 30 Days | 1.10% | 4.39% |
| 60 Days | -0.89% | 0.68% |
| 90 Days | -0.99% | 3.45% |
| 12 Months | 0.78% | 43.76% |
MNA Overweight 34 Positions Relative to IETC
| Symbol | Grade | Weight | |
|---|---|---|---|
| X | F | 6.39% | |
| DFS | C | 6.38% | |
| ETRN | B | 6.17% | |
| CTLT | D | 5.57% | |
| HCP | C | 4.38% | |
| SWAV | B | 4.34% | |
| CPRI | F | 3.95% | |
| CERE | D | 2.81% | |
| AIRC | A | 2.75% | |
| AMED | C | 2.73% | |
| FUSN | A | 2.48% | |
| ALPN | A | 2.47% | |
| AXNX | D | 2.38% | |
| HIBB | B | 2.33% | |
| DOOR | A | 2.15% | |
| CHX | D | 2.1% | |
| WIRE | C | 1.89% | |
| OLK | C | 1.88% | |
| VZIO | D | 1.09% | |
| MGRC | D | 1.08% | |
| SRCL | F | 0.87% | |
| HAYN | D | 0.78% | |
| SP | B | 0.76% | |
| EVBG | C | 0.74% | |
| HA | C | 0.62% | |
| INBX | D | 0.61% | |
| AMK | D | 0.61% | |
| NWLI | C | 0.53% | |
| SLCA | C | 0.41% | |
| MODN | C | 0.38% | |
| TAST | A | 0.37% | |
| DCPH | A | 0.29% | |
| HTLF | B | 0.25% | |
| XOP | D | -6.93% |
MNA Underweight 148 Positions Relative to IETC
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSFT | B | -10.13% | |
| AVGO | B | -9.51% | |
| NVDA | C | -8.59% | |
| AMZN | C | -8.22% | |
| CRM | D | -5.19% | |
| ACN | F | -5.05% | |
| ORCL | C | -3.55% | |
| AAPL | C | -2.67% | |
| GOOGL | A | -2.29% | |
| CSCO | F | -2.23% | |
| META | D | -2.1% | |
| GOOG | A | -1.96% | |
| CDNS | D | -1.87% | |
| IBM | D | -1.79% | |
| MSI | A | -1.77% | |
| NOW | C | -1.47% | |
| ICE | B | -1.39% | |
| ADBE | F | -1.08% | |
| VRSN | F | -1.07% | |
| MANH | D | -1.0% | |
| QCOM | B | -0.99% | |
| MRVL | C | -0.89% | |
| MA | D | -0.83% | |
| PH | D | -0.79% | |
| AMD | D | -0.78% | |
| CDW | D | -0.71% | |
| EQIX | D | -0.66% | |
| SPGI | B | -0.63% | |
| SNOW | D | -0.59% | |
| ADP | B | -0.58% | |
| FDS | C | -0.57% | |
| IT | D | -0.51% | |
| TYL | B | -0.5% | |
| CRWD | C | -0.5% | |
| V | B | -0.49% | |
| CSGP | D | -0.44% | |
| INTC | F | -0.44% | |
| ANET | B | -0.4% | |
| PANW | C | -0.38% | |
| DELL | B | -0.38% | |
| ZM | D | -0.38% | |
| LMT | B | -0.37% | |
| COIN | D | -0.37% | |
| NET | F | -0.33% | |
| NTAP | B | -0.3% | |
| MCO | A | -0.29% | |
| SNAP | C | -0.29% | |
| TXN | B | -0.28% | |
| FIS | A | -0.28% | |
| BA | D | -0.27% | |
| VRSK | A | -0.27% | |
| MU | B | -0.26% | |
| CPAY | D | -0.26% | |
| G | D | -0.24% | |
| CME | C | -0.23% | |
| TTEK | A | -0.23% | |
| MMC | A | -0.22% | |
| BKNG | C | -0.22% | |
| MPWR | C | -0.21% | |
| PLTR | D | -0.21% | |
| PINS | B | -0.21% | |
| UBER | D | -0.21% | |
| BAH | B | -0.2% | |
| LRCX | D | -0.2% | |
| SNPS | C | -0.2% | |
| KLAC | B | -0.19% | |
| BSY | A | -0.19% | |
| QLYS | F | -0.18% | |
| KEYS | C | -0.18% | |
| VRT | C | -0.18% | |
| WDAY | D | -0.18% | |
| PAYX | B | -0.17% | |
| SMCI | D | -0.16% | |
| TTD | B | -0.16% | |
| GPN | F | -0.16% | |
| DDOG | D | -0.15% | |
| IQV | D | -0.15% | |
| FTNT | D | -0.15% | |
| NXPI | B | -0.15% | |
| HPQ | C | -0.15% | |
| AKAM | F | -0.15% | |
| QRVO | F | -0.15% | |
| ADSK | F | -0.15% | |
| TRU | C | -0.14% | |
| JKHY | C | -0.14% | |
| DASH | D | -0.14% | |
| OMC | B | -0.14% | |
| IRM | B | -0.13% | |
| NSIT | B | -0.13% | |
| CACI | B | -0.13% | |
| HUBS | D | -0.12% | |
| TER | B | -0.12% | |
| SLB | F | -0.11% | |
| SQ | D | -0.11% | |
| IPG | D | -0.11% | |
| CFLT | C | -0.11% | |
| ABNB | D | -0.11% | |
| EBAY | C | -0.11% | |
| MSCI | F | -0.1% | |
| VEEV | D | -0.1% | |
| FICO | A | -0.1% | |
| A | B | -0.1% | |
| AON | F | -0.09% | |
| ASGN | C | -0.09% | |
| ROP | C | -0.09% | |
| EA | F | -0.09% | |
| SLAB | D | -0.08% | |
| SSNC | B | -0.08% | |
| TRMB | D | -0.08% | |
| PSTG | B | -0.08% | |
| DLR | C | -0.07% | |
| NDAQ | B | -0.07% | |
| BR | C | -0.07% | |
| ROK | F | -0.07% | |
| SAIC | C | -0.06% | |
| BBY | D | -0.06% | |
| J | F | -0.06% | |
| INTU | B | -0.06% | |
| PAYC | F | -0.06% | |
| FBIN | D | -0.06% | |
| TDY | D | -0.05% | |
| DOCN | D | -0.05% | |
| MMS | B | -0.05% | |
| CPNG | B | -0.05% | |
| LPLA | C | -0.05% | |
| APPN | F | -0.04% | |
| ENPH | D | -0.04% | |
| OKTA | D | -0.04% | |
| DXC | F | -0.04% | |
| CL | B | -0.04% | |
| ILMN | F | -0.04% | |
| AMRC | D | -0.04% | |
| MRCY | D | -0.03% | |
| GLW | A | -0.03% | |
| SEE | C | -0.03% | |
| XYL | A | -0.03% | |
| BILL | F | -0.03% | |
| ROL | C | -0.02% | |
| APTV | D | -0.02% | |
| RBLX | F | -0.02% | |
| ZI | F | -0.02% | |
| TEAM | F | -0.01% | |
| RIVN | D | -0.01% | |
| TOST | B | -0.01% | |
| SMAR | C | -0.01% | |
| GDDY | B | -0.01% | |
| ALGN | F | -0.0% | |
| FTV | D | -0.0% |
MNA: Top Represented Industries & Keywords
Industries:
Biotechnology
Software - Application
Medical Devices
Airlines
Apparel Manufacturing
Asset Management
Banks - Regional - US
Building Materials
Business Services
Communication Equipment
Consumer Electronics
Credit Services
Diagnostics & Research
Drug Manufacturers - Specialty & Generic
Electronic Components
Industrial Metals & Minerals
Insurance - Life
Medical Care
Metal Fabrication
Oil & Gas Equipment & Services
IETC: Top Represented Industries & Keywords
Industries:
Software - Application
Business Services
Semiconductors
Software - Infrastructure
Information Technology Services
Internet Content & Information
Capital Markets
Computer Systems
Diversified Industrials
Scientific & Technical Instruments
Semiconductor Equipment & Materials
Communication Equipment
Diagnostics & Research
Engineering & Construction
Financial Data & Stock Exchanges
Specialty Retail
Advertising Agencies
Aerospace & Defense
Credit Services
Data Storage
Keywords:
S&P 500
Nasdaq 100
Computing
Cloud Computing
Work From Home
Mobile Devices
Semiconductor
Software As A Service
Cloud Infrastructure
Software
Integrated Circuits
Electronics
Operating System
Telecommunications
Dow Jones Component
Information Management
Information Technology Management
Payment Systems
Software Development
Aerospace
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