MNA vs. EINC ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to VanEck Vectors Energy Income ETF (EINC)
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
$31.03
Average Daily Volume
56,343
29
EINC
VanEck Vectors Energy Income ETF
EINC Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® North America Energy Infrastructure Index. The fund will normally invest at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is a rules-based index designed to give investors a means to track the overall performance of North American companies involved in the midstream energy segment, which includes master limited partnerships (MLPs) and corporations involved in oil and gas storage and transportation. The fund is non-diversified.Grade (RS Rating)
Last Trade
$74.36
Average Daily Volume
4,334
24
Performance
| Period | MNA | EINC |
|---|---|---|
| 30 Days | -1.37% | -1.02% |
| 60 Days | -1.24% | 5.16% |
| 90 Days | 0.00% | 10.60% |
| 12 Months | -0.72% | 28.37% |
MNA Overweight 27 Positions Relative to EINC
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | A | 7.57% | |
| HES | A | 7.48% | |
| DFS | B | 6.7% | |
| ANSS | D | 6.47% | |
| X | F | 6.13% | |
| CTLT | C | 5.59% | |
| JNPR | C | 4.87% | |
| CPRI | F | 3.83% | |
| CERE | A | 2.81% | |
| AMED | D | 2.66% | |
| SIX | D | 2.51% | |
| FUSN | A | 2.5% | |
| AXNX | B | 2.37% | |
| DOOR | A | 2.15% | |
| OLK | C | 1.81% | |
| VZIO | C | 1.12% | |
| MGRC | D | 1.07% | |
| SRCL | F | 0.87% | |
| HAYN | A | 0.8% | |
| SP | A | 0.76% | |
| EVBG | A | 0.75% | |
| INBX | C | 0.61% | |
| HA | C | 0.59% | |
| NWLI | A | 0.53% | |
| TAST | A | 0.37% | |
| XT | D | -0.24% | |
| XOP | B | -6.52% |
MNA Underweight 22 Positions Relative to EINC
| Symbol | Grade | Weight | |
|---|---|---|---|
| OKE | B | -7.98% | |
| WMB | A | -7.16% | |
| LNG | D | -6.47% | |
| KMI | A | -5.57% | |
| TRGP | A | -4.82% | |
| DTM | A | -4.69% | |
| ET | A | -4.55% | |
| EPD | B | -4.47% | |
| MPLX | A | -4.43% | |
| AM | A | -3.69% | |
| PAA | B | -3.64% | |
| WES | A | -2.52% | |
| HESM | C | -2.28% | |
| AROC | B | -1.68% | |
| PAGP | B | -1.29% | |
| ENLC | B | -1.21% | |
| KNTK | A | -1.11% | |
| NEXT | A | -0.69% | |
| GEL | A | -0.53% | |
| NGL | C | -0.28% | |
| OSG | B | -0.27% | |
| DKL | D | -0.18% |
MNA: Top Represented Industries & Keywords
EINC: Top Represented Industries & Keywords
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