MNA vs. BBH ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to Market Vectors Biotech ETF (BBH)
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
$30.89
Average Daily Volume
51,686
32
BBH
Market Vectors Biotech ETF
BBH Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors US Listed Biotech 25 Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Biotech Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the biotechnology industry. Such companies may include small- and medium-capitalization companies and foreign companies that are listed on a U.S. exchange. It is non-diversified.Grade (RS Rating)
Last Trade
$154.55
Average Daily Volume
7,755
25
Performance
| Period | MNA | BBH |
|---|---|---|
| 30 Days | -2.13% | -6.27% |
| 60 Days | -1.63% | -6.65% |
| 90 Days | -1.85% | -7.21% |
| 12 Months | -1.70% | -1.48% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MNA | Weight in BBH | Overlap |
|---|
MNA Overweight 32 Positions Relative to BBH
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | A | 7.33% | |
| HES | A | 7.07% | |
| X | F | 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 | A | 2.78% | |
| AMED | D | 2.65% | |
| SIX | D | 2.49% | |
| FUSN | A | 2.47% | |
| AXNX | C | 2.38% | |
| DOOR | A | 2.12% | |
| OLK | C | 1.82% | |
| MGRC | D | 1.11% | |
| VZIO | B | 1.1% | |
| SRCL | D | 0.86% | |
| HAYN | A | 0.8% | |
| SP | C | 0.76% | |
| EVBG | A | 0.74% | |
| HA | D | 0.63% | |
| INBX | D | 0.61% | |
| NS | C | 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% |
MNA Underweight 25 Positions Relative to BBH
| Symbol | Grade | Weight | |
|---|---|---|---|
| AMGN | D | -14.82% | |
| VRTX | C | -9.58% | |
| GILD | F | -7.99% | |
| REGN | D | -7.74% | |
| MRNA | A | -5.6% | |
| IQV | C | -4.83% | |
| ARGX | F | -4.53% | |
| BIIB | D | -4.31% | |
| ICLR | C | -4.24% | |
| ILMN | D | -4.22% | |
| BMRN | D | -3.12% | |
| BGNE | D | -2.9% | |
| NBIX | B | -2.73% | |
| CRL | D | -2.59% | |
| SRPT | B | -2.37% | |
| NTRA | A | -2.36% | |
| BNTX | F | -2.23% | |
| EXAS | F | -2.21% | |
| TECH | F | -2.17% | |
| ALNY | F | -1.99% | |
| QGEN | D | -1.92% | |
| INCY | F | -1.84% | |
| RGEN | D | -1.78% | |
| CRSP | F | -0.98% | |
| CYTK | D | -0.94% |
MNA: Top Represented Industries & Keywords
BBH: Top Represented Industries & Keywords
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