GNOM vs. MNA ETF Comparison
Comparison of Global X Genomics & Biotechnology ETF (GNOM) to IQ Merger Arbitrage ETF (MNA)
GNOM
Global X Genomics & Biotechnology ETF
GNOM Description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Genomics Index ("underlying index"). The fund invests at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to provide exposure to exchange-listed companies that are positioned to benefit from further advances in the field of genomic science and biotechnology, as well as applications thereof (collectively, "Genomics & Biotechnology Companies"), as defined by Solactive AG, the provider of the underlying index. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$10.42
Average Daily Volume
75,133
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
$31.06
Average Daily Volume
56,743
29
Performance
Period | GNOM | MNA |
---|---|---|
30 Days | -4.58% | -1.51% |
60 Days | -13.67% | -1.29% |
90 Days | -3.43% | 0.11% |
12 Months | -17.91% | -0.95% |
0 Overlapping Holdings
Symbol | Grade | Weight in GNOM | Weight in MNA | Overlap |
---|
GNOM Overweight 38 Positions Relative to MNA
Symbol | Grade | Weight | |
---|---|---|---|
NTRA | A | 8.45% | |
MRNA | B | 5.13% | |
CRSP | F | 5.09% | |
RARE | D | 4.95% | |
A | C | 4.89% | |
SRPT | B | 4.4% | |
QGEN | C | 4.01% | |
ILMN | F | 3.93% | |
TECH | C | 3.79% | |
BMRN | F | 3.72% | |
RNA | A | 3.52% | |
RCKT | D | 3.42% | |
BNTX | D | 3.38% | |
ARWR | F | 3.38% | |
ALNY | D | 3.34% | |
NTLA | F | 3.05% | |
BEAM | F | 2.99% | |
MYGN | D | 2.94% | |
VCYT | D | 2.9% | |
TXG | F | 2.69% | |
LEGN | F | 2.57% | |
VRTX | D | 2.03% | |
SANA | C | 1.74% | |
GILD | F | 1.54% | |
VIR | C | 1.38% | |
RGNX | F | 1.32% | |
EDIT | F | 0.88% | |
CDNA | C | 0.81% | |
FLGT | F | 0.79% | |
PACB | F | 0.69% | |
ALLO | F | 0.63% | |
CRBU | F | 0.59% | |
LYEL | C | 0.55% | |
VERV | F | 0.55% | |
TSVT | D | 0.4% | |
QURE | F | 0.4% | |
PSTX | D | 0.27% | |
BLUE | F | 0.2% |
GNOM 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% |
GNOM: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords