MNA vs. BCUS ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to Bancreek U.S. Large Cap ETF (BCUS)
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
$31.07
Average Daily Volume
56,343
29
BCUS
Bancreek U.S. Large Cap ETF
BCUS Description
The fund is an actively managed exchange-traded fund ("ETF") that invests in equity securities consisting primarily of common and preferred stock and securities convertible into common stock. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities of U.S.-listed large capitalization companies.Grade (RS Rating)
Last Trade
$27.29
Average Daily Volume
6,959
10
Performance
| Period | MNA | BCUS |
|---|---|---|
| 30 Days | -1.37% | -4.29% |
| 60 Days | -1.24% | -2.01% |
| 90 Days | 0.00% | 2.61% |
| 12 Months | -0.72% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MNA | Weight in BCUS | Overlap |
|---|
MNA Overweight 29 Positions Relative to BCUS
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | B | 7.57% | |
| HES | B | 7.48% | |
| DFS | B | 6.7% | |
| ANSS | F | 6.47% | |
| ETRN | A | 6.26% | |
| X | F | 6.13% | |
| CTLT | C | 5.59% | |
| JNPR | D | 4.87% | |
| CPRI | F | 3.83% | |
| CERE | A | 2.81% | |
| AMED | D | 2.66% | |
| SIX | C | 2.51% | |
| FUSN | A | 2.5% | |
| AXNX | C | 2.37% | |
| DOOR | A | 2.15% | |
| OLK | C | 1.81% | |
| VZIO | D | 1.12% | |
| MGRC | D | 1.07% | |
| SRCL | F | 0.87% | |
| HAYN | B | 0.8% | |
| SP | C | 0.76% | |
| EVBG | B | 0.75% | |
| NS | D | 0.65% | |
| INBX | D | 0.61% | |
| HA | D | 0.59% | |
| NWLI | A | 0.53% | |
| TAST | A | 0.37% | |
| XT | C | -0.24% | |
| XOP | B | -6.52% |
MNA: Top Represented Industries & Keywords
BCUS: Top Represented Industries & Keywords
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