GLRY vs. MNA ETF Comparison
Comparison of Inspire Faithward Mid Cap Momentum ESG ETF (GLRY) to IQ Merger Arbitrage ETF (MNA)
GLRY
Inspire Faithward Mid Cap Momentum ESG ETF
GLRY Description
The investment seeks to maximize growth and outperform the results (before fees and expenses) of the broader U.S. midcap stock market. The fund, an actively managed exchange traded fund (ETF), invests at least 80% of its net assets plus any borrowings for investment purposes in midcap stocks. Midcap stocks are defined as stocks of companies with market capitalizations between $3 billion and $10 billion that meet the fund's environmental, social and governance (ESG) criteria.
Grade (RS Rating)
Last Trade
$29.16
Average Daily Volume
14,738
34
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
$30.79
Average Daily Volume
51,686
32
Performance
| Period | GLRY | MNA |
|---|---|---|
| 30 Days | -1.40% | -2.13% |
| 60 Days | 3.82% | -1.63% |
| 90 Days | 10.05% | -1.85% |
| 12 Months | 23.66% | -1.70% |
0 Overlapping Holdings
| Symbol | Grade | Weight in GLRY | Weight in MNA | Overlap |
|---|
GLRY Overweight 34 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| EME | A | 4.27% | |
| KNSL | D | 3.66% | |
| WIRE | A | 3.62% | |
| BWXT | C | 3.3% | |
| MUSA | A | 3.24% | |
| EHC | A | 3.22% | |
| VNT | C | 3.19% | |
| ARCB | B | 3.09% | |
| CASY | A | 3.07% | |
| CW | A | 3.07% | |
| RGA | A | 3.05% | |
| BJ | A | 3.03% | |
| MSA | A | 3.02% | |
| ATR | B | 3.0% | |
| UTHR | A | 2.99% | |
| FLS | A | 2.98% | |
| CHRD | A | 2.89% | |
| LAMR | C | 2.82% | |
| SEIC | C | 2.82% | |
| FCN | A | 2.8% | |
| CHE | D | 2.79% | |
| AN | A | 2.75% | |
| DINO | C | 2.74% | |
| TX | A | 2.71% | |
| OHI | C | 2.68% | |
| BRC | A | 2.68% | |
| ORI | A | 2.68% | |
| KBH | C | 2.65% | |
| KD | C | 2.58% | |
| OGE | A | 2.58% | |
| PII | F | 2.46% | |
| GPI | A | 2.38% | |
| QLYS | B | 2.19% | |
| ACLS | F | 2.05% |
GLRY Underweight 32 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | A | -7.33% | |
| HES | A | -7.07% | |
| X | F | -6.79% | |
| ANSS | C | -6.42% | |
| DFS | A | -6.26% | |
| ETRN | A | -5.74% | |
| CTLT | C | -5.56% | |
| JNPR | C | -4.99% | |
| MDC | A | -4.46% | |
| CPRI | F | -4.23% | |
| CERE | A | -2.78% | |
| AMED | D | -2.65% | |
| SIX | D | -2.49% | |
| FUSN | A | -2.47% | |
| AXNX | C | -2.38% | |
| DOOR | A | -2.12% | |
| OLK | C | -1.82% | |
| MGRC | D | -1.11% | |
| VZIO | B | -1.1% | |
| SRCL | D | -0.86% | |
| HAYN | A | -0.8% | |
| SP | C | -0.76% | |
| EVBG | A | -0.74% | |
| HA | D | -0.63% | |
| INBX | D | -0.61% | |
| NS | C | -0.59% | |
| NWLI | A | -0.52% | |
| KAMN | A | -0.49% | |
| NGMS | A | -0.42% | |
| TAST | A | -0.37% | |
| XT | D | --0.24% | |
| XOP | A | --6.49% |
GLRY: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords
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