MNA vs. FTLS ETF Comparison

Comparison of IQ Merger Arbitrage ETF (MNA) to First Trust Long/Short Equity (FTLS)
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

$31.58

Average Daily Volume

40,815

Number of Holdings *

44

* may have additional holdings in another (foreign) market
FTLS

First Trust Long/Short Equity

FTLS Description The investment seeks to provide investors with long-term total return. Under normal circumstances, at least 80% of the fund's assets (plus the amount of any borrowing for investment purposes) will be exposed to U.S. exchange-listed equity securities of U.S. and foreign companies by investing in such securities directly and/or in U.S. exchange-traded funds ("ETFs") that provide exposure to such securities. It may invest up to 20% of its net assets (plus the amount of any borrowing for investment purposes) in U.S. exchange-listed equity index futures contracts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$62.96

Average Daily Volume

133,373

Number of Holdings *

454

* may have additional holdings in another (foreign) market
Performance
Period MNA FTLS
30 Days 1.23% 3.13%
60 Days 1.78% 6.00%
90 Days 0.39% 3.40%
12 Months 2.45% 21.20%
4 Overlapping Holdings
Symbol Grade Weight in MNA Weight in FTLS Overlap
CHK D -2.94% -0.17% -2.94%
COF C -7.29% 0.79% -7.29%
SLB D -2.22% -0.29% -2.22%
UMBF C -0.36% 0.06% -0.36%
MNA Overweight 40 Positions Relative to FTLS
Symbol Grade Weight
DFS A 6.57%
ANSS D 6.39%
X C 6.29%
ETRN D 6.21%
CTLT B 5.66%
JNPR A 4.93%
HCP A 4.54%
MRO B 3.35%
AIRC A 2.85%
SWN D 2.77%
CERE C 2.65%
ALE B 2.58%
AXNX B 2.42%
HIBB A 2.38%
CHX C 2.13%
OLK A 2.06%
WIRE A 2.01%
PRFT B 1.99%
IBTX B 1.47%
VZIO B 1.15%
MGRC D 1.14%
SRCL A 0.89%
AGS B 0.79%
HAYN C 0.78%
EVBG B 0.78%
OSG A 0.74%
AMK B 0.72%
HA D 0.64%
NWLI A 0.6%
SLCA B 0.49%
MODN B 0.44%
HTLF B 0.35%
SRDX A 0.31%
FA D -0.26%
WSC F -0.46%
AA C -0.89%
SSB D -1.49%
IP B -3.74%
SNPS B -4.1%
EQT D -6.21%
MNA Underweight 450 Positions Relative to FTLS
Symbol Grade Weight
MSFT A -4.59%
AAPL A -4.32%
NVDA B -3.7%
AMZN A -2.6%
NFLX B -2.01%
WMT B -1.98%
JNJ F -1.87%
ANET A -1.86%
C C -1.83%
BMY F -1.69%
TMUS A -1.68%
META B -1.57%
CMG C -1.5%
GOOGL A -1.49%
ZTS C -1.42%
TGT D -1.36%
SPOT B -1.31%
GOOG A -1.26%
TJX A -1.25%
PM A -1.23%
MO A -1.21%
CI D -1.15%
GILD C -1.15%
ELV B -1.08%
BRK.A C -1.06%
MPC C -1.06%
VLO C -1.03%
REGN A -1.0%
VRTX B -0.97%
BSX B -0.96%
LLY A -0.95%
AVGO B -0.94%
ADSK B -0.94%
DAL D -0.94%
UAL D -0.94%
CL B -0.87%
MCK B -0.84%
DECK B -0.84%
JPM A -0.81%
DVN C -0.78%
ROST B -0.71%
AIG D -0.66%
EA B -0.65%
CCI D -0.65%
PH D -0.65%
ROP A -0.65%
WMB A -0.62%
ECL B -0.62%
CAH D -0.55%
CTAS B -0.54%
MSI A -0.54%
TDG C -0.53%
VRSK B -0.53%
HPQ B -0.52%
NUE D -0.49%
LVS F -0.49%
CNC D -0.47%
CF D -0.46%
HBAN C -0.45%
AFL B -0.42%
PHM D -0.41%
RIO C -0.4%
STT C -0.38%
DD B -0.38%
RL C -0.38%
HIG C -0.38%
GDDY A -0.37%
BG B -0.37%
PRU B -0.36%
UTHR A -0.33%
EME C -0.33%
WAB D -0.33%
STLD C -0.32%
TOL D -0.32%
VLTO C -0.31%
WSO C -0.3%
EPD A -0.3%
VRSN D -0.29%
DINO D -0.28%
LDOS B -0.28%
CAG D -0.28%
TXRH B -0.28%
FTV D -0.28%
MOH F -0.28%
QCOM B -0.27%
EG B -0.27%
CHRD C -0.27%
HOLX C -0.27%
PKG B -0.26%
CHD C -0.26%
NTRS C -0.26%
BLD D -0.25%
CPB B -0.25%
DBX D -0.23%
MUSA B -0.22%
ROL B -0.22%
BBWI F -0.22%
SFM A -0.21%
CNM D -0.21%
SNX D -0.21%
NVR C -0.21%
KNSL C -0.21%
EQNR C -0.21%
AR D -0.2%
NVT D -0.2%
PFG D -0.2%
ARMK B -0.19%
ALK D -0.19%
HRL F -0.18%
ARCH C -0.17%
HSIC D -0.17%
AMR C -0.17%
LPX D -0.17%
KBH C -0.16%
BRBR C -0.15%
EVR A -0.15%
RGA B -0.15%
PFGC D -0.15%
RNR C -0.15%
STNG B -0.14%
CRI F -0.14%
EXP F -0.14%
BERY D -0.14%
SIG F -0.14%
MKL C -0.14%
VOYA D -0.14%
MTH D -0.14%
HRB A -0.13%
BECN D -0.13%
NXST C -0.13%
PAA B -0.13%
RPM D -0.13%
BYD F -0.13%
AYI D -0.12%
RGLD C -0.12%
SMG D -0.12%
ALSN C -0.12%
CRC B -0.12%
NDSN D -0.12%
CHE D -0.11%
HALO A -0.11%
PRI B -0.1%
INGR D -0.1%
MTG B -0.1%
CEIX B -0.1%
DTM A -0.1%
CACI B -0.1%
OLN F -0.1%
NSIT B -0.1%
AXS B -0.09%
PAGP A -0.09%
AFG D -0.09%
AM B -0.09%
AGO B -0.09%
AMG D -0.09%
CALM A -0.09%
TPH D -0.09%
SLM C -0.09%
OZK D -0.09%
ATR D -0.09%
TMHC D -0.09%
WGO F -0.08%
PRGS B -0.08%
PINC F -0.08%
LFUS C -0.08%
BPOP C -0.08%
SKYW B -0.08%
COLM D -0.08%
HESM A -0.07%
TGNA D -0.07%
IGT D -0.07%
GES F -0.07%
RBC C -0.07%
SMPL D -0.07%
VC F -0.07%
YELP F -0.07%
SIGI D -0.07%
CVLT A -0.07%
LANC C -0.06%
KFY B -0.06%
LPG D -0.06%
FTDR C -0.06%
AVT C -0.06%
KNTK A -0.06%
FANG C -0.06%
PPC A -0.06%
FLO D -0.06%
ENLC A -0.06%
WDFC D -0.06%
MAN D -0.06%
HELE F -0.06%
WHD B -0.06%
PJT A -0.06%
INSW B -0.06%
GWW D -0.06%
INMD F -0.06%
GMS F -0.06%
CVI F -0.06%
DDS D -0.06%
ESNT B -0.06%
TNK B -0.05%
CVCO D -0.05%
GOGL C -0.05%
OXM D -0.05%
ATGE A -0.05%
NEU D -0.05%
LOPE C -0.05%
ZWS D -0.05%
WTS D -0.05%
ASGN D -0.05%
CBSH C -0.05%
DK D -0.05%
CBT D -0.04%
THG C -0.04%
SITM B --0.02%
ACVA D --0.02%
ALGT F --0.02%
ATSG D --0.02%
OTTR D --0.02%
MYRG F --0.02%
SILK B --0.02%
APPN D --0.02%
ASPN C --0.02%
NEXT B --0.02%
AKR A --0.02%
ECPG D --0.02%
PRVA D --0.02%
RGR F --0.02%
INFN B --0.02%
INDI F --0.02%
CWT C --0.02%
MGPI F --0.02%
CRGY B --0.02%
ARLO B --0.02%
RYN D --0.02%
BOH C --0.02%
RC F --0.02%
NTST D --0.02%
TRN C --0.02%
EXPI F --0.02%
HAYW F --0.02%
GBX D --0.02%
NWN F --0.02%
FFIN C --0.02%
SAH D --0.02%
KWR F --0.02%
NVCR D --0.02%
HEES F --0.02%
AMRC D --0.02%
KRUS F --0.02%
AMRK D --0.02%
HI F --0.03%
OSIS D --0.03%
ICHR C --0.03%
CCOI D --0.03%
LNN D --0.03%
ASAN D --0.03%
PAG D --0.03%
HTZ F --0.03%
HRI F --0.03%
PARR D --0.03%
AGL D --0.03%
PAR B --0.03%
AZTA D --0.03%
EFC B --0.03%
CCS D --0.03%
MRCY D --0.03%
SGRY F --0.03%
PRCT C --0.03%
ATEC F --0.03%
HASI C --0.03%
VSEC B --0.03%
COHU C --0.03%
BZH F --0.03%
SSTK F --0.03%
RXST D --0.03%
PRO F --0.03%
BASE D --0.03%
TRUP B --0.03%
VSAT F --0.04%
VIAV F --0.04%
CNNE D --0.04%
RUSHA F --0.04%
NFE F --0.04%
ENR C --0.04%
STEP A --0.04%
EPRT A --0.04%
IDA D --0.04%
ROIC C --0.04%
FLNC F --0.04%
MIR B --0.04%
LMND C --0.04%
CACC C --0.04%
NSA B --0.04%
RDFN F --0.04%
RKT C --0.04%
ORA C --0.04%
KRC D --0.04%
CLVT F --0.04%
CSGS F --0.04%
CTRE C --0.04%
SPT D --0.05%
EYE F --0.05%
NOG C --0.05%
ACMR C --0.05%
MP F --0.05%
SITE F --0.05%
OSCR D --0.05%
DBRG D --0.05%
JBGS B --0.05%
GATX C --0.05%
BGC C --0.05%
MYGN B --0.05%
KMPR C --0.06%
VNO B --0.06%
LGIH F --0.06%
IPGP F --0.06%
THS C --0.06%
DXC C --0.06%
FSLY F --0.06%
VFC D --0.06%
OI F --0.06%
SDGR F --0.06%
COUR F --0.06%
EGP B --0.06%
BE F --0.06%
GKOS A --0.06%
GPRE F --0.06%
AEIS B --0.06%
SNDR B --0.06%
ZD F --0.06%
CACC C --0.06%
ODP D --0.06%
LNC B --0.06%
GMED B --0.07%
ENOV F --0.07%
KTOS C --0.07%
SLGN D --0.07%
WERN F --0.07%
UPST F --0.07%
SYNA F --0.07%
GLPI C --0.07%
VAL C --0.07%
TREX F --0.07%
ADC B --0.07%
CWH F --0.07%
JBT F --0.07%
BHF D --0.07%
MSGE D --0.08%
PNM D --0.08%
SONO F --0.08%
FRPT B --0.08%
SPB D --0.08%
EXTR C --0.08%
JOBY F --0.08%
SHC C --0.08%
LAD D --0.08%
FTRE D --0.09%
SLAB F --0.09%
CHH B --0.09%
MASI D --0.09%
TPX D --0.09%
AMBA C --0.09%
GFS C --0.09%
MDU C --0.09%
JBLU C --0.1%
USFD C --0.1%
AEO F --0.1%
LEG F --0.1%
CG D --0.1%
SOFI F --0.1%
QS F --0.1%
MGY C --0.1%
CAR F --0.11%
CE F --0.11%
FOXA B --0.11%
CIVI D --0.11%
GO D --0.11%
KIM B --0.11%
FYBR B --0.11%
UEC F --0.11%
COTY F --0.12%
SPR B --0.12%
NVST F --0.12%
ALIT F --0.13%
S C --0.13%
IOT C --0.13%
CFLT C --0.14%
MAT F --0.14%
OMF D --0.14%
IRM A --0.14%
TXG F --0.14%
NTNX C --0.14%
FND F --0.16%
EXAS F --0.16%
PZZA F --0.16%
ACHC F --0.17%
FLR B --0.18%
COLD C --0.18%
BIO F --0.18%
LITE B --0.18%
IRTC B --0.18%
SEDG F --0.21%
AL D --0.21%
ALB F --0.22%
PSTG B --0.22%
LKQ F --0.23%
RH D --0.23%
W F --0.24%
HAS D --0.25%
LYFT D --0.25%
SAIA B --0.25%
EQH B --0.26%
DKNG F --0.26%
RIG F --0.27%
XRAY F --0.29%
TAP F --0.3%
HUM C --0.3%
WOLF F --0.3%
BALL D --0.31%
PANW B --0.31%
AVTR D --0.31%
IPG F --0.32%
RUN D --0.34%
CNH F --0.34%
CVNA B --0.35%
PLTR B --0.35%
CCL B --0.36%
CPAY D --0.38%
SJM D --0.38%
ZBH F --0.42%
GLW B --0.44%
WHR C --0.49%
K D --0.5%
VEEV F --0.5%
WBA F --0.55%
MMM B --0.6%
LHX B --0.63%
T A --0.64%
PEP D --0.67%
NOC D --0.68%
KVUE F --0.69%
TTWO B --0.69%
WELL A --0.7%
GD C --0.71%
LIN C --0.73%
ABT D --0.73%
STZ B --0.74%
LOW D --0.74%
BA C --0.77%
Compare ETFs