BBC vs. MNA ETF Comparison

Comparison of Virtus LifeSci Biotech Clinical Trials ETF (BBC) to IQ Merger Arbitrage ETF (MNA)

BBC

Virtus LifeSci Biotech Clinical Trials ETF

BBC Description

The Fund seeks investment results that correspond, before fees and expenses, to the price and yield performance of the LifeSci Biotechnology Clinical Trials Index, which tracks the performance of select clinical trials stage biotechnology companies.

Grade (RS Rating)

Last Trade

$27.96

Average Daily Volume

4,219

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$31.17

Average Daily Volume

54,429

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BBC	MNA
30 Days	2.13%	-0.23%
60 Days	-8.27%	-1.09%
90 Days	5.22%	0.64%
12 Months	12.58%	-1.09%

1 Overlapping Holdings

	Symbol	Grade	Weight in BBC	Weight in MNA	Overlap
	INBX	D	1.02%	0.61%	0.61%

BBC Overweight 89 Positions Relative to MNA

Symbol	Grade	Weight
VKTX	B	3.23%
ALPN	A	2.82%
CGEM	B	2.62%
RNA	B	2.53%
VERA	C	2.31%
SANA	C	1.87%
DYN	D	1.77%
GERN	B	1.54%
MRUS	B	1.47%
KROS	D	1.43%
CYTK	D	1.41%
LQDA	D	1.41%
KURA	C	1.38%
MGNX	D	1.31%
BCYC	D	1.28%
IOVA	D	1.28%
IGMS	C	1.23%
MLYS	C	1.23%
SMMT	C	1.21%
FDMT	D	1.2%
RVMD	B	1.17%
NRIX	D	1.15%
KRYS	D	1.12%
KYMR	D	1.12%
COGT	C	1.11%
ALXO	B	1.06%
CRNX	B	1.04%
PTGX	D	1.01%
IDYA	C	0.98%
DAWN	B	0.95%
LYEL	C	0.92%
ARDX	C	0.92%
ANAB	C	0.92%
PGEN	D	0.91%
SNDX	D	0.88%
PHAT	C	0.86%
ALLO	F	0.86%
CMPS	D	0.86%
XENE	D	0.85%
IMTX	D	0.84%
CLDX	D	0.84%
PCVX	D	0.83%
XNCR	C	0.82%
ACLX	D	0.82%
ITOS	C	0.82%
MORF	F	0.78%
ARCT	F	0.78%
BLTE	C	0.76%
ARVN	D	0.74%
ORIC	D	0.74%
RCUS	F	0.73%
AKRO	F	0.72%
NUVL	D	0.71%
RXRX	F	0.71%
REPL	F	0.7%
MDGL	D	0.7%
VIR	C	0.69%
DVAX	D	0.69%
OLMA	F	0.68%
ARWR	F	0.67%
SRRK	D	0.66%
TERN	F	0.65%
ETNB	F	0.65%
RCKT	D	0.64%
ZNTL	F	0.63%
BMEA	F	0.63%
RGNX	F	0.63%
NVAX	D	0.62%
TGTX	C	0.61%
BEAM	F	0.61%
SAVA	B	0.61%
PLRX	F	0.59%
ABCL	F	0.58%
VRDN	F	0.58%
NTLA	F	0.57%
DNLI	F	0.55%
ALEC	F	0.54%
RLAY	F	0.54%
IMVT	F	0.53%
CRBU	F	0.5%
QURE	F	0.45%
PRTA	F	0.45%
CABA	F	0.42%
EDIT	F	0.41%
IRON	F	0.4%
CVAC	F	0.36%
VERV	F	0.36%
RAPT	F	0.34%
ALLK	F	0.29%

BBC Underweight 28 Positions Relative to MNA

Symbol	Grade	Weight
HES	B	-7.4%
PXD	B	-7.39%
DFS	B	-6.45%
ANSS	D	-6.37%
X	D	-6.23%
ETRN	B	-6.13%
CTLT	D	-5.62%
JNPR	D	-4.83%
CPRI	F	-3.84%
CERE	B	-2.88%
AMED	D	-2.7%
FUSN	A	-2.51%
SIX	C	-2.49%
AXNX	C	-2.39%
DOOR	A	-2.18%
OLK	D	-1.84%
VZIO	D	-1.12%
MGRC	D	-1.06%
SRCL	D	-0.86%
HAYN	C	-0.81%
SP	C	-0.77%
EVBG	B	-0.75%
NS	D	-0.65%
HA	D	-0.61%
NWLI	A	-0.53%
TAST	A	-0.37%
XT	D	--0.25%
XOP	B	--6.21%

BBC: Top Represented Industries & Keywords

Industries: Biotechnology Diagnostics & Research Drug Manufacturers - Specialty & Generic Medical Care Facilities