MNA vs. CWS ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to AdvisorShares Focused Equity ETF (CWS)
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
$30.77
Average Daily Volume
54,589
33
CWS
AdvisorShares Focused Equity ETF
CWS Description
The AdvisorShares Focused Equity ETF seeks long-term capital appreciation. CWS aims to achieve its investment objective by investing primarily in a focused group of U.S. exchange-listed equity securities that the portfolio manager believes have favorable fundamental attributes.Grade (RS Rating)
Last Trade
$59.90
Average Daily Volume
15,982
23
Performance
| Period | MNA | CWS |
|---|---|---|
| 30 Days | -1.98% | -3.07% |
| 60 Days | -2.07% | -1.61% |
| 90 Days | -1.94% | 1.56% |
| 12 Months | -2.26% | 17.46% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MNA | Weight in CWS | Overlap | |
|---|---|---|---|---|---|
| MGRC | D | 1.17% | 3.69% | 1.17% |
MNA Overweight 32 Positions Relative to CWS
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | A | 7.3% | |
| HES | A | 7.19% | |
| X | D | 6.68% | |
| ANSS | B | 6.66% | |
| DFS | B | 6.41% | |
| ETRN | A | 5.74% | |
| CTLT | C | 5.56% | |
| JNPR | C | 5.02% | |
| CPRI | F | 4.66% | |
| MDC | A | 4.42% | |
| CERE | B | 2.78% | |
| AMED | D | 2.66% | |
| SIX | D | 2.64% | |
| FUSN | A | 2.46% | |
| AXNX | C | 2.37% | |
| DOOR | A | 2.1% | |
| OLK | D | 1.84% | |
| VZIO | A | 1.11% | |
| SRCL | D | 0.88% | |
| HAYN | A | 0.79% | |
| SP | A | 0.76% | |
| EVBG | A | 0.73% | |
| NS | D | 0.64% | |
| HA | C | 0.62% | |
| INBX | D | 0.6% | |
| NWLI | A | 0.52% | |
| EGLE | B | 0.5% | |
| KAMN | A | 0.48% | |
| NGMS | A | 0.41% | |
| TAST | A | 0.36% | |
| XT | C | -0.24% | |
| XOP | A | -6.53% |
MNA Underweight 22 Positions Relative to CWS
| Symbol | Grade | Weight | |
|---|---|---|---|
| MLR | A | -4.63% | |
| SYK | C | -4.43% | |
| APH | A | -4.41% | |
| HEI | A | -4.23% | |
| OTIS | A | -4.19% | |
| TMO | B | -4.1% | |
| SLGN | A | -4.03% | |
| ICE | C | -4.01% | |
| CE | B | -3.92% | |
| ABT | C | -3.9% | |
| AFL | B | -3.89% | |
| HSY | F | -3.89% | |
| ROL | B | -3.88% | |
| FICO | D | -3.85% | |
| INTU | C | -3.84% | |
| SAIC | D | -3.79% | |
| BR | B | -3.77% | |
| MCO | C | -3.75% | |
| PII | D | -3.7% | |
| AGM | C | -3.64% | |
| FDS | D | -3.52% | |
| AWK | F | -3.47% |
MNA: Top Represented Industries & Keywords
CWS: Top Represented Industries & Keywords
Compare ETFs
