MNA vs. FDG ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to American Century Focused Dynamic Growth ETF (FDG)
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
$31.46
Average Daily Volume
41,884
36
FDG
American Century Focused Dynamic Growth ETF
FDG Description
The investment seeks long-term capital growth. The fund will invest primarily in securities of large cap companies, but may invest in companies of any market capitalization. It normally invests in a relatively limited number of companies, generally 30 to 45 securities, but may incorporate more securities to account for liquidity constraints. The fund will invest principally in U.S. exchange-listed common stocks and American Depositary Receipts (ADRs).Grade (RS Rating)
Last Trade
$82.67
Average Daily Volume
12,653
37
Performance
Period | MNA | FDG |
---|---|---|
30 Days | 0.45% | 4.28% |
60 Days | 0.29% | 12.84% |
90 Days | 0.00% | 15.32% |
12 Months | 1.72% | 47.00% |
0 Overlapping Holdings
Symbol | Grade | Weight in MNA | Weight in FDG | Overlap |
---|
MNA Overweight 36 Positions Relative to FDG
Symbol | Grade | Weight | |
---|---|---|---|
WRK | B | 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 | B | 4.45% | |
DFS | B | 4.07% | |
MDC | A | 3.18% | |
JNPR | C | 3.06% | |
CTLT | C | 2.59% | |
AMED | F | 2.49% | |
SIX | C | 2.46% | |
CERE | B | 2.16% | |
CBAY | A | 1.91% | |
OLK | C | 1.81% | |
DOOR | A | 1.79% | |
WH | D | 1.61% | |
AXNX | B | 1.38% | |
CPE | C | 1.05% | |
PGTI | A | 0.73% | |
SP | B | 0.71% | |
EVBG | B | 0.69% | |
VZIO | C | 0.67% | |
NS | B | 0.63% | |
HA | D | 0.58% | |
INBX | D | 0.5% | |
NWLI | A | 0.49% | |
EGLE | A | 0.48% | |
KAMN | A | 0.45% | |
DSKE | A | 0.41% | |
NGMS | B | 0.38% | |
CATC | C | 0.34% | |
MGRC | D | 0.3% | |
XOP | B | -1.26% |
MNA Underweight 37 Positions Relative to FDG
Symbol | Grade | Weight | |
---|---|---|---|
AMZN | B | -9.57% | |
NVDA | B | -8.27% | |
TSLA | F | -6.53% | |
MSFT | A | -4.88% | |
META | B | -4.79% | |
CRM | B | -4.78% | |
GOOG | B | -4.75% | |
REGN | B | -4.01% | |
ISRG | B | -3.65% | |
CMG | B | -3.56% | |
MA | B | -3.22% | |
OKTA | C | -3.17% | |
NFLX | B | -3.14% | |
STZ | B | -2.8% | |
CDNS | B | -2.62% | |
HUBS | C | -2.62% | |
MPWR | D | -2.43% | |
ALNY | F | -2.28% | |
V | C | -2.21% | |
WAB | B | -2.12% | |
SQ | C | -2.11% | |
WHD | C | -1.63% | |
ARGX | D | -1.49% | |
NKE | F | -1.33% | |
KEYS | C | -1.31% | |
SPGI | D | -1.13% | |
DOCU | C | -1.09% | |
BPMC | C | -1.06% | |
ASND | C | -1.02% | |
PCTY | D | -0.92% | |
RKLB | F | -0.9% | |
VRSK | F | -0.9% | |
SAM | D | -0.82% | |
BILL | F | -0.79% | |
GGG | A | -0.77% | |
ICE | B | -0.71% | |
SHOP | D | -0.31% |
MNA: Top Represented Industries & Keywords
FDG: Top Represented Industries & Keywords