DTCR vs. MNA ETF Comparison
Comparison of Global X Data Center & Digital Infrastructure ETF (DTCR) to IQ Merger Arbitrage ETF (MNA)
DTCR
Global X Data Center & Digital Infrastructure ETF
DTCR Description
DTCR invests in firms from both developed and emerging markets that derive bulk of their revenues in Data Center REITs and Digital Infrastructure. These firms are involved in the ownership, operation, and development of data centers and cellular towers. Also included are the digital infrastructure hardware firms that manufacture, design, or assemble the servers or other hardware for data centers and cellular towers. The underlying index uses an algorithm that ranks these firms according to the frequency of specific keywords and will primarily include real estate companies. The market cap-weighted index imposes the following constraints to limit concentration to larger caps: maximum weight of a data center/cellular tower company is 12.0%, server/hardware company at 2%, minimum weight of a company is at 0.3%, and aggregate weight of companies above 4.5% are capped at 45%, while the remaining are capped at 4.5%. The index undergoes semi-annual rebalance and reconstitution. Prior to April 1, 2024, the fund traded under the ticker VPN and has since removed REITs to its fund name.
Grade (RS Rating)
Last Trade
$17.29
Average Daily Volume
113,741
17
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
$32.75
Average Daily Volume
48,345
44
Performance
| Period | DTCR | MNA |
|---|---|---|
| 30 Days | -1.87% | -0.33% |
| 60 Days | 1.52% | -0.36% |
| 90 Days | 6.52% | 0.55% |
| 12 Months | 24.09% | 6.67% |
0 Overlapping Holdings
| Symbol | Grade | Weight in DTCR | Weight in MNA | Overlap |
|---|
DTCR Underweight 44 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| DFS | B | -8.65% | |
| CTLT | C | -5.63% | |
| JNPR | D | -4.99% | |
| HCP | B | -4.36% | |
| FYBR | C | -3.64% | |
| MRO | B | -3.51% | |
| SMAR | B | -3.2% | |
| ALTR | B | -3.12% | |
| BALY | B | -2.82% | |
| ALE | A | -2.69% | |
| ENV | B | -2.59% | |
| K | A | -2.47% | |
| AXNX | A | -2.39% | |
| AY | A | -2.1% | |
| B | A | -2.08% | |
| IBTX | B | -2.04% | |
| RCM | A | -2.01% | |
| SPR | D | -1.97% | |
| INFN | D | -1.72% | |
| NAPA | A | -1.6% | |
| EVRI | A | -1.59% | |
| SASR | B | -1.5% | |
| VZIO | A | -1.31% | |
| HTLF | B | -1.25% | |
| FBMS | B | -1.19% | |
| ZUO | B | -1.18% | |
| AGS | A | -0.84% | |
| HAYN | A | -0.77% | |
| PFC | B | -0.65% | |
| GATO | C | -0.41% | |
| CFB | B | -0.4% | |
| PGRU | A | -0.35% | |
| RVNC | F | -0.32% | |
| SRDX | B | -0.27% | |
| BUSE | B | --0.42% | |
| WSBC | B | --0.66% | |
| RNST | B | --1.2% | |
| CDE | C | --1.2% | |
| UMBF | B | --1.28% | |
| AUB | B | --1.5% | |
| BA | F | --1.63% | |
| SSB | B | --2.03% | |
| IP | A | --4.24% | |
| COF | C | --9.37% |
DTCR: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords
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