MBCC vs. MNA ETF Comparison
Comparison of Monarch Blue Chips Core ETF (MBCC) to IQ Merger Arbitrage ETF (MNA)
MBCC
Monarch Blue Chips Core ETF
MBCC Description
The investment seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Kingsview Blue Chips Core Index. The fund generally invests at least 80% of its total assets in the component securities of the index. The index consists of established, well-recognized companies listed on the S&P 500 from a broad range of industries that demonstrate strength in the marketplace based on fundamental company data such as revenue, revenue growth, net income, and net income growth.
Grade (RS Rating)
Last Trade
$32.07
Average Daily Volume
11,872
24
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 | MBCC | MNA |
|---|---|---|
| 30 Days | 2.68% | 1.10% |
| 60 Days | -0.54% | -0.89% |
| 90 Days | 2.19% | -0.99% |
| 12 Months | 25.42% | 0.78% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MBCC | Weight in MNA | Overlap |
|---|
MBCC Overweight 24 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| GE | C | 5.51% | |
| NVDA | C | 4.68% | |
| EMR | B | 4.52% | |
| PEP | B | 4.5% | |
| ALL | C | 4.49% | |
| AMZN | C | 4.48% | |
| ORCL | C | 4.37% | |
| COST | B | 4.37% | |
| LLY | B | 4.28% | |
| MRK | B | 4.28% | |
| AAPL | C | 4.27% | |
| TMO | B | 4.24% | |
| NFLX | B | 4.24% | |
| MSFT | B | 4.17% | |
| V | B | 4.12% | |
| MA | D | 4.01% | |
| DIS | D | 3.96% | |
| AMT | C | 3.92% | |
| MCD | F | 3.83% | |
| NKE | F | 3.76% | |
| CRM | D | 3.72% | |
| ADBE | F | 3.6% | |
| SBUX | F | 3.33% | |
| INTC | F | 2.92% |
MBCC Underweight 36 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| ANSS | D | -6.4% | |
| 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% |
MBCC: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords
Compare ETFs
