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

$33.05

Average Daily Volume

86,402

Number of Holdings *

32

* may have additional holdings in another (foreign) market
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

$78.39

Average Daily Volume

23,836

Number of Holdings *

37

* may have additional holdings in another (foreign) market
Performance
MNA FDG
30 Days 0.15%
60 Days -1.28% -4.25%
90 Days -0.48% 3.82%
12 Months 7.51% 76.47%
0 Overlapping Holdings
Grade Symbol Weight in MNA Weight in FDG Overlap
MNA Overweight 32 Positions Relative to FDG
Grade Symbol Weight
D XLNX 6.54%
B ALXN 6.39%
A RP 6.06%
C IPHI 5.76%
C CIT 5.46%
A INFO 5.08%
A VAR 4.99%
A PNM 4.95%
A COHR 3.81%
D CHNG 3.32%
A FLIR 3.29%
D AJRD 2.97%
B TCF 2.46%
B PBCT 2.12%
A HMSY 1.76%
B SPWH 1.72%
D CLGX 1.44%
B CMD 1.38%
B CTB 1.33%
A MGLN 1.13%
A PRSP 1.07%
A NTUS 1.06%
C GLUU 0.58%
D MTSC 0.57%
A PRAH 0.48%
A FRTA 0.47%
B CUB 0.33%
B EGOV 0.24%
A PAND 0.22%
B IGV 0.06%
D CLWT 0.06%
B KRE 0.06%
MNA Underweight 37 Positions Relative to FDG
Grade Symbol Weight
C TSLA -7.99%
B AMZN -7.35%
C WORK -5.3%
A GOOG -4.96%
B SQ -4.69%
D CHGG -4.28%
C OKTA -4.15%
C DOCU -4.1%
B SAM -4.1%
B V -3.95%
C FB -3.77%
B CRM -3.68%
B MA -3.57%
B ISRG -3.27%
A SPGI -2.78%
C CGNX -2.75%
C STZ -2.47%
D RNG -1.99%
C NFLX -1.93%
A ICE -1.92%
A ROST -1.9%
B WAB -1.9%
B CMG -1.58%
F ALNY -1.53%
C REGN -1.5%
B LMT -1.49%
D NKE -1.4%
D BPMC -1.4%
B ADBE -1.31%
C VRSK -1.27%
F ARGX -1.23%
F BIIB -1.23%
F SILK -1.0%
C SBAC -0.78%
D WHD -0.64%
F BIGC -0.33%
F IONS -0.29%
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