MNA vs. BBP ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to BioShares Biotechnology Products Fund (BBP)
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
$30.80
Average Daily Volume
52,500
32
BBP
BioShares Biotechnology Products Fund
BBP Description
The BioShares Biotechnology Products Fund (BBP) seeks investment results that correspond, before fees and expenses, to the price and yield performance of the LifeSci Biotechnology Products Index.Grade (RS Rating)
Last Trade
$52.29
Average Daily Volume
3,267
50
Performance
| Period | MNA | BBP |
|---|---|---|
| 30 Days | -1.88% | -6.34% |
| 60 Days | -1.60% | -13.53% |
| 90 Days | -1.88% | -9.98% |
| 12 Months | -1.61% | 2.84% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MNA | Weight in BBP | Overlap |
|---|
MNA Overweight 32 Positions Relative to BBP
| 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 | D | 5.56% | |
| JNPR | D | 4.99% | |
| MDC | A | 4.46% | |
| CPRI | F | 4.23% | |
| CERE | C | 2.78% | |
| AMED | D | 2.65% | |
| SIX | F | 2.49% | |
| FUSN | A | 2.47% | |
| AXNX | C | 2.38% | |
| DOOR | A | 2.12% | |
| OLK | D | 1.82% | |
| MGRC | D | 1.11% | |
| VZIO | C | 1.1% | |
| SRCL | C | 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 50 Positions Relative to BBP
| Symbol | Grade | Weight | |
|---|---|---|---|
| TARS | B | -3.8% | |
| ADMA | A | -3.17% | |
| LXRX | F | -2.71% | |
| SWTX | C | -2.6% | |
| AGIO | A | -2.58% | |
| SRPT | C | -2.58% | |
| ITCI | A | -2.54% | |
| MRNA | A | -2.51% | |
| LGND | B | -2.46% | |
| ASND | D | -2.45% | |
| NBIX | B | -2.28% | |
| BPMC | B | -2.14% | |
| KNSA | C | -2.13% | |
| REGN | C | -2.12% | |
| APLS | F | -2.07% | |
| EXEL | A | -2.04% | |
| VRTX | C | -2.02% | |
| HALO | C | -2.02% | |
| AMGN | C | -2.0% | |
| DCPH | D | -1.95% | |
| AXSM | D | -1.95% | |
| BMRN | A | -1.94% | |
| CRSP | F | -1.92% | |
| RARE | D | -1.92% | |
| PTCT | F | -1.91% | |
| UTHR | A | -1.9% | |
| INSM | D | -1.88% | |
| RYTM | C | -1.87% | |
| TBPH | B | -1.83% | |
| HRMY | F | -1.83% | |
| FOLD | F | -1.76% | |
| IMCR | D | -1.74% | |
| BNTX | F | -1.73% | |
| INCY | F | -1.73% | |
| IONS | D | -1.73% | |
| GILD | F | -1.71% | |
| LEGN | F | -1.7% | |
| ALNY | F | -1.64% | |
| BIIB | D | -1.58% | |
| SAGE | F | -1.53% | |
| BGNE | D | -1.49% | |
| BCRX | F | -1.49% | |
| TVTX | F | -1.48% | |
| BBIO | F | -1.46% | |
| MIRM | F | -1.44% | |
| IRWD | D | -1.43% | |
| ACAD | F | -1.27% | |
| AUPH | F | -1.15% | |
| ZLAB | F | -0.99% | |
| BLUE | F | -0.62% |
MNA: Top Represented Industries & Keywords
BBP: Top Represented Industries & Keywords
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