MNA vs. GBIL ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to Goldman Sachs Group, Inc. (The) ETF (GBIL)
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
$32.78
Average Daily Volume
48,516
44
GBIL
Goldman Sachs Group, Inc. (The) ETF
GBIL Description
The Goldman Sachs TreasuryAccess 0-1 Year ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Citi US Treasury 0-1 Year Composite Select Index.Grade (RS Rating)
Last Trade
$100.07
Average Daily Volume
545,219
2
Performance
| Period | MNA | GBIL |
|---|---|---|
| 30 Days | -0.55% | 0.35% |
| 60 Days | -0.70% | 0.64% |
| 90 Days | 0.34% | 1.19% |
| 12 Months | 6.38% | 4.74% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MNA | Weight in GBIL | Overlap | |
|---|---|---|---|---|---|
| B | A | 2.08% | 1.5% | 1.5% |
MNA Overweight 43 Positions Relative to GBIL
| Symbol | Grade | Weight | |
|---|---|---|---|
| DFS | B | 8.65% | |
| CTLT | D | 5.63% | |
| JNPR | D | 4.99% | |
| HCP | B | 4.36% | |
| FYBR | C | 3.64% | |
| MRO | A | 3.51% | |
| SMAR | A | 3.2% | |
| ALTR | B | 3.12% | |
| BALY | A | 2.82% | |
| ALE | A | 2.69% | |
| ENV | B | 2.59% | |
| K | A | 2.47% | |
| AXNX | A | 2.39% | |
| AY | A | 2.1% | |
| IBTX | B | 2.04% | |
| RCM | A | 2.01% | |
| SPR | D | 1.97% | |
| INFN | D | 1.72% | |
| NAPA | A | 1.6% | |
| EVRI | A | 1.59% | |
| SASR | B | 1.5% | |
| VZIO | A | 1.31% | |
| HTLF | B | 1.25% | |
| FBMS | B | 1.19% | |
| ZUO | B | 1.18% | |
| AGS | A | 0.84% | |
| HAYN | A | 0.77% | |
| PFC | B | 0.65% | |
| GATO | C | 0.41% | |
| CFB | B | 0.4% | |
| PGRU | A | 0.35% | |
| RVNC | F | 0.32% | |
| SRDX | B | 0.27% | |
| BUSE | B | -0.42% | |
| WSBC | B | -0.66% | |
| RNST | B | -1.2% | |
| CDE | C | -1.2% | |
| UMBF | B | -1.28% | |
| AUB | B | -1.5% | |
| BA | D | -1.63% | |
| SSB | B | -2.03% | |
| IP | A | -4.24% | |
| COF | B | -9.37% |
MNA Underweight 1 Positions Relative to GBIL
| Symbol | Grade | Weight | |
|---|---|---|---|
| T | A | -0.89% |
MNA: Top Represented Industries & Keywords
GBIL: Top Represented Industries & Keywords
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