GXG vs. MNA ETF Comparison
Comparison of Global X FTSE Colombia 20 ETF (GXG) to IQ Merger Arbitrage ETF (MNA)
GXG
Global X FTSE Colombia 20 ETF
GXG Description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE Colombia 20 Index. The fund invests its total assets in securities of companies that are listed on the Colombian Stock Exchange as well as cash and cash equivalents. It also invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index is designed to measure broad based equity market performance in Colombia. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$25.03
Average Daily Volume
24,027
3
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
$30.84
Average Daily Volume
54,250
32
Performance
| Period | GXG | MNA |
|---|---|---|
| 30 Days | 3.09% | -1.88% |
| 60 Days | 9.54% | -1.85% |
| 90 Days | 6.47% | -1.50% |
| 12 Months | 29.27% | -1.84% |
0 Overlapping Holdings
| Symbol | Grade | Weight in GXG | Weight in MNA | Overlap |
|---|
GXG Underweight 32 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | A | -7.33% | |
| HES | A | -7.07% | |
| X | D | -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 | B | -2.78% | |
| AMED | D | -2.65% | |
| SIX | D | -2.49% | |
| FUSN | A | -2.47% | |
| AXNX | C | -2.38% | |
| DOOR | A | -2.12% | |
| OLK | D | -1.82% | |
| MGRC | D | -1.11% | |
| VZIO | A | -1.1% | |
| SRCL | B | -0.86% | |
| HAYN | A | -0.8% | |
| SP | B | -0.76% | |
| EVBG | A | -0.74% | |
| HA | C | -0.63% | |
| INBX | C | -0.61% | |
| NS | B | -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% |
GXG: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords
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