IHAK vs. MNA ETF Comparison

Comparison of iShares Cybersecurity and Tech ETF (IHAK) to IQ Merger Arbitrage ETF (MNA)
IHAK

iShares Cybersecurity and Tech ETF

IHAK Description

The investment seeks to track the investment results of the NYSE® FactSet® Global Cyber Security IndexTM. 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 are involved in cyber security and technology, including cyber security hardware, software, products, and services. It is non-diversified.

Grade (RS Rating)

Last Trade

$46.85

Average Daily Volume

110,152

Number of Holdings *

25

* may have additional holdings in another (foreign) market
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

$31.48

Average Daily Volume

43,948

Number of Holdings *

36

* may have additional holdings in another (foreign) market
Performance
Period IHAK MNA
30 Days -2.03% 0.51%
60 Days 0.13% 0.35%
90 Days 3.13% 0.22%
12 Months 33.43% 1.43%
2 Overlapping Holdings
Symbol Grade Weight in IHAK Weight in MNA Overlap
EVBG B 1.63% 0.69% 0.69%
JNPR C 4.71% 3.06% 3.06%
IHAK Overweight 23 Positions Relative to MNA
Symbol Grade Weight
OKTA C 5.15%
CRWD C 5.1%
CYBR B 4.75%
FTNT C 4.67%
TENB C 4.26%
CACI C 4.19%
BAH B 4.17%
ALRM C 4.1%
CHKP B 4.09%
S D 4.07%
VRNS D 3.94%
SAIC D 3.86%
ZS D 3.59%
PANW D 3.52%
AKAM D 3.38%
RPD F 3.2%
QLYS D 3.19%
CALX F 2.24%
YOU C 2.12%
ATEN C 1.1%
RDWR C 0.78%
OSPN D 0.49%
CHGX B 0.39%
IHAK Underweight 34 Positions Relative to MNA
Symbol Grade Weight
WRK B -6.73%
PXD A -6.27%
HES C -6.12%
X D -5.06%
SHV A -4.8%
CPRI F -4.53%
BIL B -4.52%
ANSS B -4.45%
DFS B -4.07%
MDC A -3.18%
CTLT C -2.59%
AMED F -2.49%
SIX C -2.46%
CERE B -2.16%
CBAY A -1.91%
OLK C -1.81%
DOOR A -1.79%
WH D -1.61%
AXNX B -1.38%
CPE C -1.05%
PGTI A -0.73%
SP B -0.71%
VZIO C -0.67%
NS B -0.63%
HA D -0.58%
INBX D -0.5%
NWLI A -0.49%
EGLE A -0.48%
KAMN A -0.45%
DSKE A -0.41%
NGMS B -0.38%
CATC C -0.34%
MGRC D -0.3%
XOP B --1.26%
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