MNA vs. KCE ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to SPDR S&P Capital Markets ETF (KCE)
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
$30.97
Average Daily Volume
51,426
32
KCE
SPDR S&P Capital Markets ETF
KCE Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded companies that do business as broker-dealers, asset managers, trust and custody banks or exchanges. In seeking to track the performance of the S&P Capital Markets Select Industry Index, the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the capital markets industry group of the S&P Total Market Index ("S&P TMI"). It is non-diversified.Grade (RS Rating)
Last Trade
$108.10
Average Daily Volume
58,034
60
Performance
| Period | MNA | KCE |
|---|---|---|
| 30 Days | -1.56% | -1.47% |
| 60 Days | -1.12% | 3.70% |
| 90 Days | -1.28% | 7.81% |
| 12 Months | -1.35% | 36.49% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MNA | Weight in KCE | Overlap |
|---|
MNA Overweight 32 Positions Relative to KCE
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | B | 7.33% | |
| HES | A | 7.07% | |
| X | D | 6.79% | |
| ANSS | C | 6.42% | |
| DFS | A | 6.26% | |
| ETRN | A | 5.74% | |
| CTLT | C | 5.56% | |
| JNPR | D | 4.99% | |
| MDC | A | 4.46% | |
| CPRI | F | 4.23% | |
| CERE | A | 2.78% | |
| AMED | D | 2.65% | |
| SIX | F | 2.49% | |
| FUSN | A | 2.47% | |
| AXNX | D | 2.38% | |
| DOOR | A | 2.12% | |
| OLK | C | 1.82% | |
| MGRC | C | 1.11% | |
| VZIO | C | 1.1% | |
| SRCL | F | 0.86% | |
| HAYN | A | 0.8% | |
| SP | B | 0.76% | |
| EVBG | B | 0.74% | |
| HA | D | 0.63% | |
| INBX | D | 0.61% | |
| NS | C | 0.59% | |
| NWLI | A | 0.52% | |
| KAMN | A | 0.49% | |
| NGMS | A | 0.42% | |
| TAST | A | 0.37% | |
| XT | C | -0.24% | |
| XOP | A | -6.49% |
MNA Underweight 60 Positions Relative to KCE
| Symbol | Grade | Weight | |
|---|---|---|---|
| VCTR | A | -2.0% | |
| SCHW | A | -1.88% | |
| VIRT | A | -1.86% | |
| STEP | A | -1.83% | |
| OWL | A | -1.81% | |
| MS | A | -1.8% | |
| GS | A | -1.8% | |
| IBKR | A | -1.77% | |
| RJF | B | -1.76% | |
| HLNE | B | -1.75% | |
| HOOD | B | -1.74% | |
| STT | B | -1.74% | |
| BK | A | -1.73% | |
| AMP | D | -1.73% | |
| NDAQ | B | -1.73% | |
| FHI | F | -1.72% | |
| AMG | C | -1.72% | |
| NTRS | B | -1.72% | |
| SF | A | -1.71% | |
| TW | C | -1.7% | |
| LPLA | B | -1.7% | |
| CME | D | -1.7% | |
| ARES | B | -1.69% | |
| HLI | C | -1.69% | |
| DFIN | A | -1.68% | |
| IVZ | F | -1.67% | |
| MCO | D | -1.67% | |
| PIPR | B | -1.66% | |
| MC | D | -1.66% | |
| JEF | B | -1.66% | |
| SPGI | C | -1.66% | |
| SEIC | C | -1.65% | |
| ICE | C | -1.64% | |
| TPG | C | -1.64% | |
| KKR | C | -1.64% | |
| SNEX | B | -1.64% | |
| BX | C | -1.64% | |
| MORN | D | -1.64% | |
| EVR | D | -1.63% | |
| JHG | B | -1.63% | |
| CBOE | C | -1.63% | |
| APAM | D | -1.63% | |
| MKTX | F | -1.62% | |
| FDS | D | -1.59% | |
| TROW | C | -1.59% | |
| CG | B | -1.58% | |
| MSCI | F | -1.58% | |
| PJT | C | -1.57% | |
| BSIG | B | -1.55% | |
| BLK | C | -1.54% | |
| BGC | B | -1.53% | |
| BEN | D | -1.53% | |
| VRTS | C | -1.52% | |
| CNS | C | -1.51% | |
| RILY | B | -1.46% | |
| COIN | B | -1.46% | |
| PX | F | -0.9% | |
| AMK | D | -0.62% | |
| LPRO | F | -0.43% | |
| DHIL | C | -0.34% |
MNA: Top Represented Industries & Keywords
KCE: Top Represented Industries & Keywords
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