CLOU vs. MNA ETF Comparison
Comparison of Global X Cloud Computing ETF (CLOU) to IQ Merger Arbitrage ETF (MNA)
CLOU
Global X Cloud Computing ETF
CLOU Description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Cloud Computing Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of cloud computing technology. It is non-diversified.
Grade (RS Rating)
Last Trade
$21.75
Average Daily Volume
245,745
34
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
$31.48
Average Daily Volume
43,948
36
Performance
Period | CLOU | MNA |
---|---|---|
30 Days | -0.41% | 0.51% |
60 Days | -3.97% | 0.35% |
90 Days | -4.02% | 0.22% |
12 Months | 24.29% | 1.43% |
1 Overlapping Holdings
Symbol | Grade | Weight in CLOU | Weight in MNA | Overlap | |
---|---|---|---|---|---|
EVBG | B | 2.12% | 0.69% | 0.69% |
CLOU Overweight 33 Positions Relative to MNA
Symbol | Grade | Weight | |
---|---|---|---|
WIX | B | 5.58% | |
PCOR | A | 5.33% | |
DOCN | C | 5.14% | |
NFLX | B | 4.87% | |
CRM | B | 4.85% | |
SHOP | D | 4.33% | |
WDAY | D | 4.27% | |
ZS | D | 4.02% | |
TWLO | D | 3.93% | |
PAYC | D | 3.88% | |
BOX | C | 3.71% | |
SPSC | D | 3.67% | |
FIVN | F | 3.63% | |
ZM | D | 3.59% | |
QLYS | D | 3.58% | |
DLR | D | 3.49% | |
AKAM | D | 3.4% | |
FRSH | F | 3.29% | |
WK | F | 3.11% | |
DBX | F | 3.03% | |
FSLY | F | 2.46% | |
AMZN | B | 2.14% | |
MSFT | A | 2.0% | |
PUBM | B | 1.48% | |
GOOGL | B | 1.48% | |
HSTM | D | 1.18% | |
YEXT | D | 1.11% | |
VMEO | C | 0.93% | |
VNET | D | 0.38% | |
IBM | C | 0.31% | |
BABA | D | 0.3% | |
KC | D | 0.15% | |
TWOU | F | 0.04% |
CLOU Underweight 35 Positions Relative to MNA
Symbol | Grade | Weight | |
---|---|---|---|
WRK | B | -6.73% | |
PXD | A | -6.27% | |
HES | C | -6.12% | |
X | D | -5.06% | |
SHV | A | -4.8% | |
CPRI | F | -4.53% | |
BIL | B | -4.52% | |
ANSS | B | -4.45% | |
DFS | B | -4.07% | |
MDC | A | -3.18% | |
JNPR | C | -3.06% | |
CTLT | C | -2.59% | |
AMED | F | -2.49% | |
SIX | C | -2.46% | |
CERE | B | -2.16% | |
CBAY | A | -1.91% | |
OLK | C | -1.81% | |
DOOR | A | -1.79% | |
WH | D | -1.61% | |
AXNX | B | -1.38% | |
CPE | C | -1.05% | |
PGTI | A | -0.73% | |
SP | B | -0.71% | |
VZIO | C | -0.67% | |
NS | B | -0.63% | |
HA | D | -0.58% | |
INBX | D | -0.5% | |
NWLI | A | -0.49% | |
EGLE | A | -0.48% | |
KAMN | A | -0.45% | |
DSKE | A | -0.41% | |
NGMS | B | -0.38% | |
CATC | C | -0.34% | |
MGRC | D | -0.3% | |
XOP | B | --1.26% |
CLOU: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords