ARKG vs. MNA ETF Comparison
Comparison of ARK Genomic Revolution Multi-Sector ETF (ARKG) to IQ Merger Arbitrage ETF (MNA)
ARKG
ARK Genomic Revolution Multi-Sector ETF
ARKG Description
Companies within ARKG are focused on and are expected to substantially benefit from extending and enhancing the quality of human and other life by incorporating technological and scientific developments and advancements in genomics into their business. The companies held in ARKG may develop, produce or enable: CRISPR Targeted Therapeutics Bioinformatics Molecular Diagnostics Stem Cells Agricultural Biology ARKG will be concentrated in issuers in any industry or group of industries in the health care sector, including issuers having their principal business activities in the biotechnology industry. ARKG is an actively managed ETF that seeks long-term growth of capital by investing under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of companies across multiple sectors, including health care, information technology, materials, energy and consumer discretionary, that are relevant to the Fund’s investment theme of the genomics revolution.
Grade (RS Rating)
Last Trade
$23.93
Average Daily Volume
2,338,689
37
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
$30.93
Average Daily Volume
56,316
29
Performance
| Period | ARKG | MNA |
|---|---|---|
| 30 Days | -15.47% | -1.68% |
| 60 Days | -24.23% | -1.56% |
| 90 Days | -17.50% | -0.45% |
| 12 Months | -15.20% | -1.13% |
0 Overlapping Holdings
| Symbol | Grade | Weight in ARKG | Weight in MNA | Overlap |
|---|
ARKG Overweight 37 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| CRSP | F | 7.23% | |
| TWST | C | 6.83% | |
| RXRX | D | 5.57% | |
| EXAS | F | 5.28% | |
| SDGR | F | 4.54% | |
| IONS | D | 4.52% | |
| ACCD | F | 3.98% | |
| NTLA | D | 3.73% | |
| BEAM | F | 3.59% | |
| ARCT | D | 3.56% | |
| TXG | F | 3.54% | |
| TDOC | F | 3.5% | |
| CDNA | C | 3.43% | |
| MRNA | A | 3.21% | |
| DNA | F | 3.18% | |
| VCYT | D | 2.96% | |
| VEEV | D | 2.88% | |
| VRTX | C | 2.73% | |
| NRIX | D | 2.52% | |
| ADPT | F | 2.13% | |
| MASS | F | 1.74% | |
| INCY | D | 1.62% | |
| QSI | D | 1.59% | |
| VERV | F | 1.45% | |
| CMPS | C | 1.31% | |
| PACB | F | 1.29% | |
| REGN | C | 1.22% | |
| PATH | F | 1.16% | |
| ABSI | B | 1.13% | |
| CERS | D | 1.08% | |
| AMGN | B | 1.07% | |
| PRME | F | 1.01% | |
| RPTX | F | 0.66% | |
| PSNL | B | 0.63% | |
| BFLY | F | 0.62% | |
| NTRA | A | 0.58% | |
| GH | F | 0.48% |
ARKG Underweight 29 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | A | -7.57% | |
| HES | A | -7.48% | |
| DFS | B | -6.7% | |
| ANSS | D | -6.47% | |
| ETRN | B | -6.26% | |
| X | F | -6.13% | |
| CTLT | C | -5.59% | |
| JNPR | C | -4.87% | |
| CPRI | F | -3.83% | |
| CERE | A | -2.81% | |
| AMED | D | -2.66% | |
| SIX | D | -2.51% | |
| FUSN | A | -2.5% | |
| AXNX | B | -2.37% | |
| DOOR | A | -2.15% | |
| OLK | C | -1.81% | |
| VZIO | C | -1.12% | |
| MGRC | D | -1.07% | |
| SRCL | F | -0.87% | |
| HAYN | A | -0.8% | |
| SP | A | -0.76% | |
| EVBG | A | -0.75% | |
| NS | C | -0.65% | |
| INBX | C | -0.61% | |
| HA | C | -0.59% | |
| NWLI | A | -0.53% | |
| TAST | A | -0.37% | |
| XT | D | --0.24% | |
| XOP | B | --6.52% |
ARKG: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords
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