MNA vs. IDGT ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT)
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
IDGT
iShares U.S. Digital Infrastructure and Real Estate ETF
IDGT Description
The underlying index which measures the performance of stocks of U.S.-listed companies, as well as U.S.-listed ADRs of foreign companies from developed markets, involved in the ownership and management of data centers, telecommunication towers, and related equipment, as determined by S&P Dow Jones Indices LLC. The fund is non-diversified.Grade (RS Rating)
Last Trade
$66.53
Average Daily Volume
3,802
28
Performance
| Period | MNA | IDGT |
|---|---|---|
| 30 Days | -1.51% | -6.73% |
| 60 Days | -1.29% | -11.40% |
| 90 Days | 0.11% | -2.64% |
| 12 Months | -0.95% | 8.12% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MNA | Weight in IDGT | Overlap | |
|---|---|---|---|---|---|
| JNPR | D | 4.83% | 3.49% | 3.49% |
MNA Overweight 28 Positions Relative to IDGT
| Symbol | Grade | Weight | |
|---|---|---|---|
| HES | B | 7.4% | |
| PXD | B | 7.39% | |
| DFS | B | 6.45% | |
| ANSS | D | 6.37% | |
| X | F | 6.23% | |
| ETRN | A | 6.13% | |
| CTLT | C | 5.62% | |
| CPRI | F | 3.84% | |
| CERE | A | 2.88% | |
| AMED | D | 2.7% | |
| FUSN | A | 2.51% | |
| SIX | D | 2.49% | |
| AXNX | C | 2.39% | |
| DOOR | A | 2.18% | |
| OLK | D | 1.84% | |
| VZIO | D | 1.12% | |
| MGRC | D | 1.06% | |
| SRCL | F | 0.86% | |
| HAYN | C | 0.81% | |
| SP | B | 0.77% | |
| EVBG | B | 0.75% | |
| NS | D | 0.65% | |
| HA | D | 0.61% | |
| INBX | D | 0.61% | |
| NWLI | A | 0.53% | |
| TAST | A | 0.37% | |
| XT | C | -0.25% | |
| XOP | C | -6.21% |
MNA Underweight 27 Positions Relative to IDGT
| Symbol | Grade | Weight | |
|---|---|---|---|
| DLR | B | -10.6% | |
| AMT | D | -9.88% | |
| EQIX | F | -8.73% | |
| CCI | D | -7.64% | |
| QCOM | A | -5.46% | |
| NOK | B | -5.1% | |
| MSI | A | -5.08% | |
| ERIC | D | -4.71% | |
| CSCO | F | -4.69% | |
| ANET | D | -4.69% | |
| UNIT | F | -4.68% | |
| SBAC | F | -4.54% | |
| NTAP | C | -4.37% | |
| MRVL | D | -4.17% | |
| FSLY | F | -3.77% | |
| SMCI | D | -3.46% | |
| CIEN | D | -2.03% | |
| EXTR | F | -0.52% | |
| CALX | F | -0.47% | |
| ATEN | A | -0.4% | |
| CRDO | F | -0.39% | |
| INFN | C | -0.23% | |
| SGH | F | -0.22% | |
| RDWR | F | -0.19% | |
| CLFD | B | -0.18% | |
| COMM | F | -0.09% | |
| ADTN | F | -0.06% |
MNA: Top Represented Industries & Keywords
IDGT: Top Represented Industries & Keywords
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