MNA vs. IBB ETF Comparison

Comparison of IQ Merger Arbitrage ETF (MNA) to iShares Nasdaq Biotechnology Index Fund (IBB)
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

$31.13

Average Daily Volume

59,878

Number of Holdings *

35

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

iShares Nasdaq Biotechnology Index Fund

IBB Description The investment seeks to track the investment results of an index composed of biotechnology and pharmaceutical equities listed on the NASDAQ. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index contains securities of NASDAQ® listed companies that are classified according to the Industry Classification Benchmark as either biotechnology or pharmaceuticals and that also meet other eligibility criteria determined by The NASDAQ OMX Group, Inc. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$137.89

Average Daily Volume

1,523,974

Number of Holdings *

214

* may have additional holdings in another (foreign) market
Performance
Period MNA IBB
30 Days 0.46% 9.34%
60 Days -0.54% 1.20%
90 Days -0.67% 0.52%
12 Months 1.17% 5.41%
5 Overlapping Holdings
Symbol Grade Weight in MNA Weight in IBB Overlap
ALPN A 2.48% 0.29% 0.29%
DCPH A 0.29% 0.12% 0.12%
FUSN A 2.49% 0.12% 0.12%
INBX D 0.61% 0.12% 0.12%
OLK C 1.92% 0.25% 0.25%
MNA Overweight 30 Positions Relative to IBB
Symbol Grade Weight
DFS C 6.43%
ANSS D 6.4%
ETRN C 6.31%
X D 6.21%
CTLT D 5.47%
JNPR D 4.74%
HCP B 4.39%
SWAV A 4.34%
CPRI F 3.89%
CERE C 2.82%
AMED A 2.76%
AIRC A 2.75%
AXNX D 2.39%
HIBB A 2.31%
CHX D 2.11%
WIRE C 1.89%
VZIO D 1.1%
MGRC D 1.07%
SRCL D 0.87%
SP B 0.8%
HAYN D 0.78%
EVBG D 0.74%
HA C 0.64%
AMK D 0.61%
NWLI A 0.53%
SLCA B 0.41%
MODN B 0.38%
TAST A 0.37%
HTLF A 0.25%
XOP D -6.88%
MNA Underweight 209 Positions Relative to IBB
Symbol Grade Weight
AMGN B -9.25%
VRTX C -8.58%
REGN C -8.24%
GILD F -7.61%
MRNA C -4.4%
IQV D -4.1%
BIIB C -3.28%
MTD B -3.18%
WAT C -2.07%
ALNY C -1.85%
BNTX C -1.85%
ARGX D -1.81%
ILMN F -1.73%
GMAB F -1.66%
BMRN F -1.42%
BGNE C -1.37%
NBIX C -1.36%
TECH B -1.29%
INCY F -1.25%
UTHR B -1.17%
NTRA B -1.16%
SRPT C -1.14%
CRL D -1.1%
MEDP D -0.96%
RGEN D -0.88%
PCVX D -0.75%
LEGN F -0.68%
BRKR D -0.67%
BPMC B -0.62%
EXEL F -0.61%
ITCI C -0.6%
ASND D -0.58%
CYTK D -0.58%
HALO B -0.55%
RVMD C -0.53%
ROIV C -0.53%
IONS F -0.49%
CRSP F -0.44%
APLS F -0.4%
BBIO D -0.39%
ALKS F -0.39%
KRYS D -0.38%
CRNX B -0.36%
MDGL D -0.35%
INSM D -0.35%
RARE F -0.32%
ARWR F -0.29%
AXSM D -0.29%
SWTX D -0.28%
XENE D -0.28%
FOLD F -0.27%
TWST B -0.26%
IDYA D -0.26%
FTRE D -0.25%
BHVN F -0.25%
PTCT C -0.24%
ACAD F -0.24%
MOR B -0.24%
TXG F -0.24%
NTLA F -0.24%
VCEL B -0.23%
DNLI F -0.23%
NUVL D -0.22%
IOVA D -0.22%
IMCR F -0.22%
RNA B -0.21%
NVCR C -0.21%
MYGN A -0.21%
ACLX F -0.2%
ADMA B -0.2%
AGIO C -0.19%
MRUS C -0.19%
RYTM D -0.19%
APGE D -0.18%
ARVN F -0.18%
IMVT F -0.18%
RCKT F -0.18%
KYMR D -0.18%
BEAM F -0.17%
PTGX C -0.17%
GERN C -0.17%
VCYT D -0.17%
GRFS C -0.17%
NVAX B -0.17%
SNDX D -0.16%
ZLAB C -0.16%
GLPG F -0.16%
JANX C -0.15%
RXRX F -0.14%
DYN D -0.14%
KROS D -0.14%
LGND B -0.14%
VERA C -0.14%
KURA C -0.14%
DVAX F -0.14%
XNCR C -0.13%
AKRO F -0.12%
MNKD D -0.12%
MRVI C -0.12%
BCRX D -0.12%
FDMT D -0.11%
EWTX C -0.11%
GPCR F -0.11%
MORF F -0.11%
TARS B -0.1%
IRWD F -0.1%
PRTA F -0.1%
DNA F -0.1%
MIRM F -0.09%
SANA D -0.09%
ARQT D -0.09%
DAWN C -0.09%
ZNTL F -0.08%
KNSA C -0.08%
PLRX F -0.08%
CDNA B -0.08%
RCUS F -0.08%
VIR F -0.08%
BCYC D -0.07%
SRRK D -0.07%
RGNX F -0.07%
CTKB F -0.07%
ARCT F -0.07%
ETNB F -0.07%
AUPH F -0.07%
STVN F -0.07%
AUTL F -0.07%
NRIX D -0.07%
ABCL F -0.07%
SAGE F -0.06%
ANAB C -0.06%
QTRX F -0.06%
ZYME F -0.06%
VRNA F -0.06%
RLAY F -0.06%
CGEM C -0.06%
CSTL B -0.06%
COGT C -0.06%
EDIT F -0.05%
OLMA F -0.05%
NUVB B -0.05%
OPK C -0.05%
ELVN B -0.05%
EXAI F -0.05%
PACB F -0.05%
ITOS B -0.05%
ADPT C -0.05%
WVE D -0.05%
HUMA B -0.05%
KALV C -0.04%
VYGR D -0.04%
SMMT B -0.04%
AVXL F -0.04%
URGN F -0.04%
ORIC F -0.04%
ABUS B -0.04%
SPRY C -0.04%
TNGX F -0.04%
ALXO C -0.04%
YMAB D -0.04%
ALEC F -0.04%
TSHA D -0.04%
IRON F -0.04%
CNTA D -0.04%
CABA F -0.04%
TBPH C -0.04%
FLGT D -0.04%
MXCT C -0.04%
FULC D -0.04%
TVTX F -0.04%
MGNX F -0.03%
AVIR C -0.03%
CRBU F -0.03%
SLRN F -0.03%
PHAT D -0.03%
REPL F -0.03%
RVNC F -0.03%
MGTX F -0.03%
SVRA D -0.03%
ALLO F -0.03%
IMMP B -0.03%
MLYS B -0.03%
VNDA B -0.03%
LYEL C -0.03%
CVAC F -0.03%
VERV F -0.03%
BMEA F -0.03%
CMPS F -0.03%
PRME F -0.03%
NAUT C -0.02%
PGEN F -0.02%
ERAS F -0.02%
ACIU F -0.02%
OVID F -0.02%
BLUE F -0.02%
ATAI C -0.02%
THRD B -0.02%
QURE F -0.02%
TERN F -0.02%
CHRS F -0.02%
VTYX F -0.02%
TRML F -0.02%
NBTX C -0.02%
MRNS F -0.01%
ACRS F -0.01%
AMLX F -0.01%
RAPT F -0.01%
RNAC D -0.0%
RPHM D -0.0%
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