MNA vs. DGIN ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to VanEck Digital India ETF (DGIN)
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
$30.79
Average Daily Volume
51,686
32
DGIN
VanEck Digital India ETF
DGIN Description
VanEck Digital India ETF is an exchange traded fund launched and managed by Van Eck Associates Corporation. The fund invests in public equity markets of India. It invests in stocks of companies operating across communication services, telecommunication services, information technology, software and services, IT services, data processing and outsourced services, internet merchant services, payment processors, payment services providers and gateways, payment wallets, internet services and infrastructure, infrastructure services, hardware services, IT consulting and other services, information technology (IT) consulting, software, technology hardware and equipment, communications equipment, internet applications and e-commerce sites including financial services sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the MVIS Digital India Index, by using full replication technique. VanEck Digital India ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$37.71
Average Daily Volume
9,269
3
Performance
| Period | MNA | DGIN |
|---|---|---|
| 30 Days | -2.13% | -0.51% |
| 60 Days | -1.63% | -4.64% |
| 90 Days | -1.85% | 0.62% |
| 12 Months | -1.70% | 37.52% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MNA | Weight in DGIN | Overlap |
|---|
MNA Overweight 32 Positions Relative to DGIN
| 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: Top Represented Industries & Keywords
DGIN: Top Represented Industries & Keywords
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