MNA vs. FCLD ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to Fidelity Cloud Computing ETF (FCLD)
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
$31.48
Average Daily Volume
43,948
36
FCLD
Fidelity Cloud Computing ETF
FCLD Description
The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Cloud Computing Index. Normally investing at least 80% of assets in securities included in the Fidelity Cloud Computing Index and in depositary receipts representing securities included in the index. The Fidelity Cloud Computing Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum that provide products or services enabling the increased adoption of cloud computing, characterized by the delivery of computing services over the internet.Grade (RS Rating)
Last Trade
$25.27
Average Daily Volume
31,503
47
Performance
Period | MNA | FCLD |
---|---|---|
30 Days | 0.51% | 3.33% |
60 Days | 0.35% | 7.87% |
90 Days | 0.22% | 11.89% |
12 Months | 1.43% | 52.44% |
0 Overlapping Holdings
Symbol | Grade | Weight in MNA | Weight in FCLD | Overlap |
---|
MNA Overweight 36 Positions Relative to FCLD
Symbol | Grade | Weight | |
---|---|---|---|
WRK | A | 6.73% | |
PXD | A | 6.27% | |
HES | C | 6.12% | |
X | D | 5.06% | |
SHV | A | 4.8% | |
CPRI | F | 4.53% | |
BIL | B | 4.52% | |
ANSS | C | 4.45% | |
DFS | A | 4.07% | |
MDC | A | 3.18% | |
JNPR | B | 3.06% | |
CTLT | C | 2.59% | |
AMED | F | 2.49% | |
SIX | C | 2.46% | |
CERE | C | 2.16% | |
CBAY | A | 1.91% | |
OLK | D | 1.81% | |
DOOR | A | 1.79% | |
WH | D | 1.61% | |
AXNX | B | 1.38% | |
CPE | C | 1.05% | |
PGTI | A | 0.73% | |
SP | A | 0.71% | |
EVBG | B | 0.69% | |
VZIO | C | 0.67% | |
NS | C | 0.63% | |
HA | D | 0.58% | |
INBX | D | 0.5% | |
NWLI | A | 0.49% | |
EGLE | C | 0.48% | |
KAMN | A | 0.45% | |
DSKE | A | 0.41% | |
NGMS | A | 0.38% | |
CATC | D | 0.34% | |
MGRC | D | 0.3% | |
XOP | A | -1.26% |
MNA Underweight 47 Positions Relative to FCLD
Symbol | Grade | Weight | |
---|---|---|---|
ORCL | C | -5.13% | |
MSFT | C | -4.64% | |
CRM | C | -4.47% | |
INTU | C | -4.33% | |
NOW | D | -4.23% | |
EQIX | D | -3.38% | |
SMCI | C | -3.16% | |
WDAY | D | -2.91% | |
MSTR | C | -2.75% | |
DLR | D | -2.74% | |
SNOW | F | -2.62% | |
DDOG | D | -2.5% | |
HUBS | C | -2.43% | |
NTAP | C | -2.42% | |
HPE | C | -2.41% | |
TEAM | F | -2.41% | |
SPLK | A | -2.32% | |
WDC | B | -2.13% | |
NTNX | C | -2.04% | |
MDB | F | -2.02% | |
ZM | D | -1.96% | |
XRX | D | -1.94% | |
STX | C | -1.92% | |
PSTG | C | -1.91% | |
TWLO | F | -1.8% | |
DAY | F | -1.71% | |
DT | F | -1.67% | |
PATH | D | -1.65% | |
DBX | F | -1.46% | |
CFLT | C | -1.45% | |
BOX | C | -1.4% | |
ESTC | D | -1.34% | |
FIVN | F | -1.32% | |
CVLT | A | -1.31% | |
AYX | B | -1.26% | |
TDC | F | -1.23% | |
RNG | C | -1.2% | |
FROG | C | -1.17% | |
GTLB | D | -1.13% | |
PEGA | C | -1.09% | |
DOCN | C | -1.06% | |
VRNT | C | -0.99% | |
AI | F | -0.95% | |
INFA | C | -0.93% | |
FSLY | F | -0.85% | |
VERX | C | -0.81% | |
SWI | C | -0.7% |
MNA: Top Represented Industries & Keywords
FCLD: Top Represented Industries & Keywords