MNA vs. GVIP ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to Goldman Sachs Hedge Industry VIP ETF (GVIP)
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
$31.06
Average Daily Volume
56,743
29
GVIP
Goldman Sachs Hedge Industry VIP ETF
GVIP Description
The Goldman Sachs Hedge Industry VIP ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs Hedge Fund VIP Index.Grade (RS Rating)
Last Trade
$107.33
Average Daily Volume
4,889
45
Performance
| Period | MNA | GVIP |
|---|---|---|
| 30 Days | -1.51% | -1.63% |
| 60 Days | -1.29% | 0.88% |
| 90 Days | 0.11% | 4.49% |
| 12 Months | -0.95% | 44.84% |
MNA Overweight 26 Positions Relative to GVIP
| Symbol | Grade | Weight | |
|---|---|---|---|
| DFS | B | 6.7% | |
| ANSS | D | 6.47% | |
| ETRN | A | 6.26% | |
| X | F | 6.13% | |
| CTLT | C | 5.59% | |
| JNPR | D | 4.87% | |
| CERE | A | 2.81% | |
| AMED | D | 2.66% | |
| SIX | D | 2.51% | |
| FUSN | A | 2.5% | |
| AXNX | C | 2.37% | |
| DOOR | A | 2.15% | |
| OLK | D | 1.81% | |
| VZIO | D | 1.12% | |
| MGRC | D | 1.07% | |
| SRCL | F | 0.87% | |
| HAYN | C | 0.8% | |
| SP | B | 0.76% | |
| EVBG | B | 0.75% | |
| NS | D | 0.65% | |
| INBX | D | 0.61% | |
| HA | D | 0.59% | |
| NWLI | A | 0.53% | |
| TAST | A | 0.37% | |
| XT | C | -0.24% | |
| XOP | C | -6.52% |
MNA Underweight 42 Positions Relative to GVIP
| Symbol | Grade | Weight | |
|---|---|---|---|
| VRT | A | -2.91% | |
| FCNCA | B | -2.52% | |
| C | A | -2.39% | |
| ET | A | -2.36% | |
| PGR | B | -2.34% | |
| NVDA | C | -2.34% | |
| THC | A | -2.32% | |
| BSX | A | -2.32% | |
| AER | A | -2.31% | |
| GE | A | -2.3% | |
| TDG | A | -2.29% | |
| APG | D | -2.25% | |
| GOOGL | A | -2.23% | |
| TSM | C | -2.21% | |
| BABA | B | -2.14% | |
| LNG | D | -2.14% | |
| AVGO | D | -2.14% | |
| BRK.A | D | -2.12% | |
| AMZN | A | -2.12% | |
| MA | D | -2.08% | |
| APO | D | -2.08% | |
| KKR | D | -2.07% | |
| DHR | C | -2.07% | |
| V | D | -2.07% | |
| BLDR | C | -2.07% | |
| SPGI | C | -2.06% | |
| TPX | D | -2.05% | |
| MSFT | C | -2.04% | |
| NFLX | D | -2.04% | |
| UNP | C | -2.03% | |
| LLY | D | -2.0% | |
| CRM | D | -1.97% | |
| ACI | D | -1.96% | |
| META | D | -1.95% | |
| AAPL | C | -1.93% | |
| NOW | D | -1.89% | |
| CZR | F | -1.86% | |
| UBER | D | -1.83% | |
| AMD | D | -1.8% | |
| WDAY | D | -1.76% | |
| MELI | C | -1.63% | |
| WSC | F | -1.58% |
MNA: Top Represented Industries & Keywords
GVIP: Top Represented Industries & Keywords
Compare ETFs
