IVRS vs. MNA ETF Comparison
Comparison of iShares Future Metaverse Tech and Communications ETF (IVRS) to IQ Merger Arbitrage ETF (MNA)
IVRS
iShares Future Metaverse Tech and Communications ETF
IVRS Description
The underlying index measures the performance of equity securities issued by U.S. and non-U.S. companies that enable the "metaverse" and virtual interactions, as determined by Morningstar or its affiliates. The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$32.68
Average Daily Volume
256
28
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
$31.11
Average Daily Volume
58,691
36
Performance
| Period | IVRS | MNA |
|---|---|---|
| 30 Days | 5.66% | 1.10% |
| 60 Days | -0.18% | -0.89% |
| 90 Days | -1.08% | -0.99% |
| 12 Months | 20.06% | 0.78% |
1 Overlapping Holdings
| Symbol | Grade | Weight in IVRS | Weight in MNA | Overlap | |
|---|---|---|---|---|---|
| ANSS | D | 4.46% | 6.4% | 4.46% |
IVRS Overweight 27 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| META | D | 5.84% | |
| TTWO | D | 4.65% | |
| PTC | C | 4.49% | |
| EA | F | 4.3% | |
| SONY | F | 4.17% | |
| ADSK | F | 4.07% | |
| U | F | 3.77% | |
| GRMN | A | 3.69% | |
| RBLX | F | 3.51% | |
| AAPL | C | 3.33% | |
| MSFT | B | 3.13% | |
| NVDA | C | 2.95% | |
| SNPS | C | 2.91% | |
| ZM | D | 2.86% | |
| CDNS | D | 2.78% | |
| GOOGL | A | 1.65% | |
| CRM | D | 0.43% | |
| AMD | D | 0.38% | |
| ADBE | F | 0.35% | |
| QCOM | B | 0.3% | |
| MU | B | 0.22% | |
| INTC | F | 0.22% | |
| ANET | B | 0.15% | |
| SNAP | C | 0.06% | |
| AZPN | B | 0.03% | |
| YY | D | 0.02% | |
| MTCH | F | 0.01% |
IVRS Underweight 35 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| X | F | -6.39% | |
| DFS | C | -6.38% | |
| ETRN | B | -6.17% | |
| CTLT | D | -5.57% | |
| JNPR | D | -4.73% | |
| HCP | C | -4.38% | |
| SWAV | B | -4.34% | |
| CPRI | F | -3.95% | |
| CERE | D | -2.81% | |
| AIRC | A | -2.75% | |
| AMED | C | -2.73% | |
| FUSN | A | -2.48% | |
| ALPN | A | -2.47% | |
| AXNX | D | -2.38% | |
| HIBB | B | -2.33% | |
| DOOR | A | -2.15% | |
| CHX | D | -2.1% | |
| WIRE | C | -1.89% | |
| OLK | C | -1.88% | |
| VZIO | D | -1.09% | |
| MGRC | D | -1.08% | |
| SRCL | F | -0.87% | |
| HAYN | D | -0.78% | |
| SP | B | -0.76% | |
| EVBG | C | -0.74% | |
| HA | C | -0.62% | |
| INBX | D | -0.61% | |
| AMK | D | -0.61% | |
| NWLI | C | -0.53% | |
| SLCA | C | -0.41% | |
| MODN | C | -0.38% | |
| TAST | A | -0.37% | |
| DCPH | A | -0.29% | |
| HTLF | B | -0.25% | |
| XOP | D | --6.93% |
IVRS: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords
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