MNA vs. BNGE ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to First Trust S-Network Streaming and Gaming ETF (BNGE)
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
$32.80
Average Daily Volume
49,131
44
BNGE
First Trust S-Network Streaming and Gaming ETF
BNGE Description
First Trust S-Network Streaming & Gaming ETF is an exchange traded fund launched and managed by First Trust Advisors L.P. The fund invests in public equity markets of global region. It invests in stocks of companies operating across consumer discretionary, consumer services, hotels, restaurants and leisure, casinos and gaming, gaming operations, online gaming operations, leisure facilities, amusement and recreation services, amusement operations, parks and services, video game arcades, content streaming sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the S-Network Streaming & Gaming Index, by using full replication technique. First Trust S-Network Streaming & Gaming ETF was formed on January 25, 2022 and is domiciled in the United States.Grade (RS Rating)
Last Trade
$27.96
Average Daily Volume
2,138
26
Performance
| Period | MNA | BNGE |
|---|---|---|
| 30 Days | -0.18% | 9.57% |
| 60 Days | -0.27% | 9.36% |
| 90 Days | 0.61% | 10.41% |
| 12 Months | 6.73% | 23.09% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MNA | Weight in BNGE | Overlap | |
|---|---|---|---|---|---|
| BALY | C | 2.82% | 0.48% | 0.48% |
MNA Overweight 43 Positions Relative to BNGE
| Symbol | Grade | Weight | |
|---|---|---|---|
| DFS | B | 8.65% | |
| CTLT | B | 5.63% | |
| JNPR | F | 4.99% | |
| HCP | B | 4.36% | |
| FYBR | D | 3.64% | |
| MRO | B | 3.51% | |
| SMAR | A | 3.2% | |
| ALTR | B | 3.12% | |
| ALE | A | 2.69% | |
| ENV | B | 2.59% | |
| K | A | 2.47% | |
| AXNX | C | 2.39% | |
| AY | B | 2.1% | |
| B | B | 2.08% | |
| IBTX | B | 2.04% | |
| RCM | F | 2.01% | |
| SPR | D | 1.97% | |
| INFN | C | 1.72% | |
| NAPA | B | 1.6% | |
| EVRI | A | 1.59% | |
| SASR | B | 1.5% | |
| VZIO | A | 1.31% | |
| HTLF | B | 1.25% | |
| FBMS | B | 1.19% | |
| ZUO | B | 1.18% | |
| AGS | A | 0.84% | |
| HAYN | C | 0.77% | |
| PFC | A | 0.65% | |
| GATO | D | 0.41% | |
| CFB | B | 0.4% | |
| PGRU | A | 0.35% | |
| RVNC | F | 0.32% | |
| SRDX | B | 0.27% | |
| BUSE | B | -0.42% | |
| WSBC | A | -0.66% | |
| RNST | B | -1.2% | |
| CDE | D | -1.2% | |
| UMBF | B | -1.28% | |
| AUB | B | -1.5% | |
| BA | F | -1.63% | |
| SSB | B | -2.03% | |
| IP | B | -4.24% | |
| COF | B | -9.37% |
MNA Underweight 25 Positions Relative to BNGE
| Symbol | Grade | Weight | |
|---|---|---|---|
| SPOT | B | -5.4% | |
| TTWO | A | -5.05% | |
| DIS | B | -5.01% | |
| EA | A | -4.94% | |
| NFLX | A | -4.9% | |
| RBLX | C | -4.84% | |
| FLUT | A | -4.8% | |
| YY | C | -4.44% | |
| SONY | B | -4.14% | |
| NTES | D | -4.08% | |
| WBD | C | -3.95% | |
| AMD | F | -3.61% | |
| DKNG | B | -3.47% | |
| GME | C | -2.01% | |
| ROKU | D | -1.7% | |
| TME | D | -1.7% | |
| MGM | D | -1.6% | |
| LNW | D | -1.57% | |
| U | C | -0.96% | |
| SRAD | A | -0.68% | |
| PENN | C | -0.54% | |
| RSI | B | -0.5% | |
| FUBO | F | -0.49% | |
| MOMO | D | -0.44% | |
| IQ | F | -0.41% |
MNA: Top Represented Industries & Keywords
BNGE: Top Represented Industries & Keywords
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