EFRA vs. MNA ETF Comparison
Comparison of iShares Environmental Infrastructure and Industrials ETF (EFRA) to IQ Merger Arbitrage ETF (MNA)
EFRA
iShares Environmental Infrastructure and Industrials ETF
EFRA Description
The fund seeks to track the investment results of the index, which has been developed by FTSE International Limited (the "index provider" or "FTSE"). It is non-diversified.
Grade (RS Rating)
Last Trade
$31.28
Average Daily Volume
304
Number of Holdings
*
17
* 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
$31.06
Average Daily Volume
56,743
Number of Holdings
*
29
* may have additional holdings in another (foreign) market
Performance
| Period | EFRA | MNA |
|---|---|---|
| 30 Days | 2.25% | -1.51% |
| 60 Days | 5.35% | -1.29% |
| 90 Days | 9.24% | 0.11% |
| 12 Months | 14.83% | -0.95% |
1 Overlapping Holdings
| Symbol | Grade | Weight in EFRA | Weight in MNA | Overlap | |
|---|---|---|---|---|---|
| SRCL | F | 1.71% | 0.87% | 0.87% |
EFRA Underweight 28 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | B | -7.57% | |
| HES | B | -7.48% | |
| DFS | B | -6.7% | |
| ANSS | D | -6.47% | |
| ETRN | A | -6.26% | |
| X | F | -6.13% | |
| CTLT | C | -5.59% | |
| JNPR | D | -4.87% | |
| CPRI | F | -3.83% | |
| CERE | A | -2.81% | |
| AMED | D | -2.66% | |
| SIX | D | -2.51% | |
| FUSN | A | -2.5% | |
| AXNX | C | -2.37% | |
| DOOR | A | -2.15% | |
| OLK | D | -1.81% | |
| VZIO | D | -1.12% | |
| MGRC | D | -1.07% | |
| HAYN | C | -0.8% | |
| SP | B | -0.76% | |
| EVBG | B | -0.75% | |
| NS | D | -0.65% | |
| INBX | D | -0.61% | |
| HA | D | -0.59% | |
| NWLI | A | -0.53% | |
| TAST | A | -0.37% | |
| XT | C | --0.24% | |
| XOP | C | --6.52% |
EFRA: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords
Industries:
Biotechnology
Oil & Gas E&P
Oil & Gas Midstream
Software - Application
Airlines
Apparel Manufacturing
Building Materials
Business Services
Communication Equipment
Consumer Electronics
Credit Services
Diagnostics & Research
Drug Manufacturers - Specialty & Generic
Insurance - Life
Leisure
Medical Care
Medical Devices
Metal Fabrication
Rental & Leasing Services
Restaurants
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