IDNA vs. MNA ETF Comparison
Comparison of iShares Genomics Immunology and Healthcare ETF (IDNA) to IQ Merger Arbitrage ETF (MNA)
IDNA
iShares Genomics Immunology and Healthcare ETF
IDNA Description
The investment seeks to track the investment results of the NYSE FactSet Global Genomics and Immuno Biopharma Index. The fund generally will invest at least 90% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index is composed of developed and emerging market companies that could benefit from the long-term growth and innovation in genomics, immunology and bioengineering. It is non-diversified.
Grade (RS Rating)
Last Trade
$23.86
Average Daily Volume
33,637
40
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 | IDNA | MNA |
|---|---|---|
| 30 Days | 2.36% | -1.51% |
| 60 Days | -1.45% | -1.29% |
| 90 Days | 6.80% | 0.11% |
| 12 Months | -0.87% | -0.95% |
0 Overlapping Holdings
| Symbol | Grade | Weight in IDNA | Weight in MNA | Overlap |
|---|
IDNA Overweight 40 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| SRPT | B | 5.83% | |
| RVMD | A | 5.57% | |
| MRNA | B | 5.14% | |
| MRK | B | 4.88% | |
| REGN | B | 4.22% | |
| EXEL | D | 4.14% | |
| INCY | D | 3.66% | |
| BNTX | D | 3.37% | |
| GILD | F | 3.25% | |
| BGNE | D | 3.07% | |
| IOVA | D | 3.05% | |
| SWTX | D | 2.86% | |
| ACLX | D | 2.42% | |
| TWST | B | 2.29% | |
| GERN | B | 2.17% | |
| BEAM | F | 1.98% | |
| DVAX | D | 1.91% | |
| LGND | D | 1.55% | |
| DNA | F | 1.37% | |
| BPMC | A | 1.29% | |
| MGNX | D | 1.12% | |
| FDMT | D | 1.12% | |
| BCRX | F | 1.1% | |
| CRSP | F | 0.98% | |
| ABCL | F | 0.96% | |
| RCUS | F | 0.95% | |
| DCPH | A | 0.91% | |
| VIR | C | 0.9% | |
| IBRX | B | 0.89% | |
| ARCT | F | 0.85% | |
| NRIX | D | 0.73% | |
| NVAX | D | 0.58% | |
| OABI | D | 0.56% | |
| EDIT | F | 0.56% | |
| VALN | D | 0.52% | |
| NTLA | F | 0.42% | |
| CRBU | F | 0.36% | |
| CVAC | D | 0.28% | |
| XNCR | C | 0.27% | |
| QURE | F | 0.26% |
IDNA 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% |
IDNA: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords
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