FINX vs. MNA ETF Comparison

Comparison of Global X FinTech Thematic ETF (FINX) to IQ Merger Arbitrage ETF (MNA)

FINX

Global X FinTech Thematic ETF

FINX Description

The Global X FinTech Thematic ETF (FINX) seeks to invest in companies on the leading edge of the emerging financial technology sector, which encompasses a range of innovations helping to transform established industries like insurance, investing, fundraising, and third-party lending through unique mobile and digital solutions

Grade (RS Rating)

Last Trade

$33.55

Average Daily Volume

66,750

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

$32.80

Average Daily Volume

49,131

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FINX	MNA
30 Days	14.94%	-0.18%
60 Days	20.34%	-0.27%
90 Days	23.94%	0.61%
12 Months	57.52%	6.73%

1 Overlapping Holdings

	Symbol	Grade	Weight in FINX	Weight in MNA	Overlap
	ENV	B	0.81%	2.59%	0.81%

FINX Overweight 41 Positions Relative to MNA

Symbol	Grade	Weight
PYPL	B	7.2%
FI	A	7.15%
FIS	C	6.47%
INTU	C	5.35%
SQ	B	5.31%
COIN	C	5.2%
SSNC	B	4.33%
TOST	B	4.08%
XRX	F	3.95%
GWRE	A	3.77%
GPN	B	3.4%
AFRM	B	3.26%
SOFI	A	3.09%
JKHY	D	2.96%
BILL	A	2.14%
HQY	B	1.94%
ACIW	B	1.41%
UPST	B	1.37%
FOUR	B	1.33%
NCNO	B	1.09%
MARA	C	1.08%
PAYO	A	0.88%
VIRT	B	0.74%
VERX	B	0.69%
STNE	F	0.65%
FLYW	C	0.61%
RIOT	C	0.57%
LMND	B	0.52%
MLNK	B	0.41%
DLO	C	0.39%
LC	A	0.39%
PAGS	F	0.38%
CIFR	B	0.38%
SPNS	F	0.37%
BLND	B	0.24%
LPRO	C	0.18%
PAY	B	0.16%
CTLP	B	0.15%
IIIV	C	0.14%
TREE	F	0.14%
MITK	C	0.1%

FINX Underweight 43 Positions Relative to MNA

Symbol	Grade	Weight
DFS	B	-8.65%
CTLT	B	-5.63%
JNPR	F	-4.99%
HCP	B	-4.36%
FYBR	D	-3.64%
MRO	B	-3.51%
SMAR	A	-3.2%
ALTR	B	-3.12%
BALY	C	-2.82%
ALE	A	-2.69%
K	A	-2.47%
AXNX	C	-2.39%
AY	B	-2.1%
B	B	-2.08%
IBTX	B	-2.04%
RCM	F	-2.01%
SPR	D	-1.97%
INFN	C	-1.72%
NAPA	B	-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	C	-0.77%
PFC	A	-0.65%
GATO	D	-0.41%
CFB	B	-0.4%
PGRU	A	-0.35%
RVNC	F	-0.32%
SRDX	B	-0.27%
BUSE	B	--0.42%
WSBC	A	--0.66%
RNST	B	--1.2%
CDE	D	--1.2%
UMBF	B	--1.28%
AUB	B	--1.5%
BA	F	--1.63%
SSB	B	--2.03%
IP	B	--4.24%
COF	B	--9.37%