EWP vs. MNA ETF Comparison
Comparison of iShares MSCI Spain Capped Index Fund (EWP) to IQ Merger Arbitrage ETF (MNA)
EWP
iShares MSCI Spain Capped Index Fund
EWP Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Spain 25/50 Index. The fund will at all times invest at least 80% of its assets in the securities of its underlying index and in depositary receipts ("DRs") representing securities in its underlying index. The MSCI Spain 25/50 Index consists of stocks traded primarily on the Madrid Stock Exchange. A capping methodology is applied that limits the weight of any single component to a maximum of 25% of the MSCI Spain 25/50 Index. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$31.77
Average Daily Volume
303,383
5
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
29
Performance
| Period | EWP | MNA |
|---|---|---|
| 30 Days | -1.00% | -1.51% |
| 60 Days | 7.59% | -1.29% |
| 90 Days | 7.01% | 0.11% |
| 12 Months | 16.67% | -0.95% |
0 Overlapping Holdings
| Symbol | Grade | Weight in EWP | Weight in MNA | Overlap |
|---|
EWP Underweight 29 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% | |
| SRCL | F | -0.87% | |
| 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% |
EWP: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords
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