MNA vs. IHAK ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to iShares Cybersecurity and Tech ETF (IHAK)
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
$31.11
Average Daily Volume
58,691
36
IHAK
iShares Cybersecurity and Tech ETF
IHAK Description
The investment seeks to track the investment results of the NYSE® FactSet® Global Cyber Security IndexTM. The fund generally will invest at least 90% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index is composed of developed and emerging market companies that are involved in cyber security and technology, including cyber security hardware, software, products, and services. It is non-diversified.Grade (RS Rating)
Last Trade
$45.80
Average Daily Volume
84,332
25
Performance
| Period | MNA | IHAK |
|---|---|---|
| 30 Days | 1.10% | 5.57% |
| 60 Days | -0.89% | -2.02% |
| 90 Days | -0.99% | -5.19% |
| 12 Months | 0.78% | 29.73% |
MNA Overweight 34 Positions Relative to IHAK
| Symbol | Grade | Weight | |
|---|---|---|---|
| ANSS | D | 6.4% | |
| X | D | 6.39% | |
| DFS | C | 6.38% | |
| ETRN | B | 6.17% | |
| CTLT | D | 5.57% | |
| HCP | B | 4.38% | |
| SWAV | A | 4.34% | |
| CPRI | F | 3.95% | |
| CERE | B | 2.81% | |
| AIRC | A | 2.75% | |
| AMED | C | 2.73% | |
| FUSN | A | 2.48% | |
| ALPN | A | 2.47% | |
| AXNX | C | 2.38% | |
| HIBB | A | 2.33% | |
| DOOR | A | 2.15% | |
| CHX | D | 2.1% | |
| WIRE | B | 1.89% | |
| OLK | C | 1.88% | |
| VZIO | D | 1.09% | |
| MGRC | D | 1.08% | |
| SRCL | D | 0.87% | |
| HAYN | D | 0.78% | |
| SP | C | 0.76% | |
| HA | D | 0.62% | |
| INBX | D | 0.61% | |
| AMK | D | 0.61% | |
| NWLI | A | 0.53% | |
| SLCA | B | 0.41% | |
| MODN | B | 0.38% | |
| TAST | A | 0.37% | |
| DCPH | A | 0.29% | |
| HTLF | A | 0.25% | |
| XOP | B | -6.93% |
MNA Underweight 23 Positions Relative to IHAK
| Symbol | Grade | Weight | |
|---|---|---|---|
| CRWD | C | -5.1% | |
| OKTA | D | -5.02% | |
| CACI | A | -4.98% | |
| BAH | B | -4.54% | |
| CYBR | D | -4.37% | |
| SAIC | C | -4.27% | |
| TENB | F | -4.19% | |
| FTNT | F | -4.17% | |
| S | D | -4.03% | |
| ALRM | D | -3.99% | |
| VRNS | D | -3.95% | |
| CHKP | D | -3.94% | |
| PANW | B | -3.76% | |
| AKAM | D | -3.33% | |
| ZS | F | -3.27% | |
| QLYS | F | -3.04% | |
| RPD | F | -2.55% | |
| CALX | F | -2.14% | |
| YOU | F | -1.84% | |
| ATEN | B | -1.31% | |
| RDWR | C | -0.85% | |
| OSPN | B | -0.55% | |
| CHGX | C | -0.38% |
MNA: Top Represented Industries & Keywords
IHAK: Top Represented Industries & Keywords
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