GAST vs. MNA ETF Comparison
Comparison of Gabelli Asset ETF (GAST) to IQ Merger Arbitrage ETF (MNA)
GAST
Gabelli Asset ETF
GAST Description
Gabelli ETFs Trust - Gabelli Asset ETF is an exchange traded fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of companies across diversified market capitalization. Gabelli ETFs Trust - Gabelli Asset ETF was formed on January 5, 2022 and is domiciled in the United States.
Grade (RS Rating)
Last Trade
$26.16
Average Daily Volume
39
38
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
$31.10
Average Daily Volume
52,629
29
Performance
| Period | GAST | MNA |
|---|---|---|
| 30 Days | -0.55% | -0.83% |
| 60 Days | 2.94% | -1.52% |
| 90 Days | 6.56% | -0.61% |
| 12 Months | 19.89% | -0.99% |
0 Overlapping Holdings
| Symbol | Grade | Weight in GAST | Weight in MNA | Overlap |
|---|
GAST Overweight 38 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| ROK | F | 5.43% | |
| EMR | C | 4.89% | |
| AME | D | 4.52% | |
| CHKP | D | 3.84% | |
| AZZ | C | 3.42% | |
| ICE | C | 3.3% | |
| ITT | A | 3.28% | |
| FSTR | C | 3.24% | |
| REZI | D | 3.0% | |
| GOOGL | B | 2.81% | |
| RSG | C | 2.78% | |
| KE | C | 2.72% | |
| GWW | D | 2.72% | |
| MATW | D | 2.56% | |
| TNC | D | 2.55% | |
| SPB | C | 2.49% | |
| PTC | D | 2.48% | |
| FTV | D | 2.27% | |
| ORCL | D | 2.07% | |
| NABL | D | 2.04% | |
| NEM | B | 2.01% | |
| GOLD | B | 2.01% | |
| OII | B | 1.97% | |
| NOC | B | 1.94% | |
| KD | A | 1.92% | |
| AZEK | D | 1.91% | |
| ITRI | A | 1.86% | |
| MRCY | D | 1.8% | |
| FLS | A | 1.78% | |
| AMZN | A | 1.73% | |
| JCI | B | 1.65% | |
| RES | F | 1.36% | |
| OXY | C | 1.26% | |
| TXN | A | 1.24% | |
| PRLB | D | 1.05% | |
| HAL | F | 1.03% | |
| NATL | B | 0.8% | |
| NDAQ | D | 0.64% |
GAST Underweight 29 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| HES | B | -7.4% | |
| PXD | B | -7.39% | |
| DFS | C | -6.45% | |
| ANSS | D | -6.37% | |
| X | D | -6.23% | |
| ETRN | B | -6.13% | |
| CTLT | D | -5.62% | |
| JNPR | D | -4.83% | |
| CPRI | F | -3.84% | |
| CERE | B | -2.88% | |
| AMED | C | -2.7% | |
| FUSN | A | -2.51% | |
| SIX | C | -2.49% | |
| AXNX | C | -2.39% | |
| DOOR | A | -2.18% | |
| OLK | C | -1.84% | |
| VZIO | D | -1.12% | |
| MGRC | D | -1.06% | |
| SRCL | D | -0.86% | |
| HAYN | D | -0.81% | |
| SP | C | -0.77% | |
| EVBG | B | -0.75% | |
| NS | D | -0.65% | |
| HA | D | -0.61% | |
| INBX | D | -0.61% | |
| NWLI | A | -0.53% | |
| TAST | A | -0.37% | |
| XT | D | --0.25% | |
| XOP | B | --6.21% |
GAST: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords
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