MNA vs. KNG ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to CBOE Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG)
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
$31.17
Average Daily Volume
56,743
29
KNG
CBOE Vest S&P 500 Dividend Aristocrats Target Income ETF
KNG Description
The investment seeks to track the performance, before fees and expenses, of the Cboe S&P 500® Dividend Aristocrats Target Income Index Monthly Series (the "index"). Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the index. The index is designed with the primary goal of generating an annualized level of income from stock dividends and option premiums that is approximately 3% over the annual dividend yield of the S&P 500 Index and a secondary goal of generating price returns that are proportional to the price returns of the S&P 500 Index. The fund is non-diversified.Grade (RS Rating)
Last Trade
$51.69
Average Daily Volume
334,190
66
Performance
| Period | MNA | KNG |
|---|---|---|
| 30 Days | -1.51% | -1.84% |
| 60 Days | -1.29% | 0.71% |
| 90 Days | 0.11% | 2.73% |
| 12 Months | -0.95% | 8.68% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MNA | Weight in KNG | Overlap |
|---|
MNA Overweight 29 Positions Relative to KNG
| 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% | |
| JNPR | D | 4.83% | |
| 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 66 Positions Relative to KNG
| Symbol | Grade | Weight | |
|---|---|---|---|
| XOM | B | -1.75% | |
| DOV | A | -1.74% | |
| TGT | D | -1.72% | |
| ADM | D | -1.68% | |
| EMR | D | -1.67% | |
| NEE | B | -1.67% | |
| MMM | A | -1.67% | |
| HRL | B | -1.66% | |
| KMB | A | -1.65% | |
| CAT | D | -1.65% | |
| GPC | B | -1.64% | |
| MKC | B | -1.64% | |
| CVX | B | -1.63% | |
| WMT | C | -1.61% | |
| CTAS | A | -1.6% | |
| ECL | A | -1.6% | |
| CL | A | -1.59% | |
| LIN | D | -1.59% | |
| PNR | C | -1.59% | |
| CHD | B | -1.57% | |
| LOW | D | -1.57% | |
| GD | A | -1.56% | |
| GWW | D | -1.56% | |
| ED | A | -1.53% | |
| ATO | A | -1.53% | |
| BRO | C | -1.52% | |
| PG | A | -1.52% | |
| PEP | B | -1.52% | |
| CAH | F | -1.51% | |
| KO | A | -1.51% | |
| CLX | F | -1.51% | |
| ESS | A | -1.5% | |
| CINF | D | -1.5% | |
| WST | F | -1.5% | |
| NDSN | C | -1.48% | |
| NUE | D | -1.47% | |
| AOS | D | -1.47% | |
| ADP | D | -1.47% | |
| SYY | D | -1.47% | |
| ABBV | D | -1.46% | |
| CB | C | -1.46% | |
| FRT | B | -1.45% | |
| SHW | D | -1.44% | |
| BDX | F | -1.42% | |
| FAST | D | -1.42% | |
| O | B | -1.41% | |
| ROP | F | -1.41% | |
| AFL | B | -1.41% | |
| IBM | D | -1.4% | |
| TROW | D | -1.4% | |
| ITW | F | -1.39% | |
| ABT | D | -1.39% | |
| SWK | F | -1.38% | |
| AMCR | A | -1.38% | |
| ALB | D | -1.36% | |
| KVUE | D | -1.34% | |
| JNJ | F | -1.33% | |
| SPGI | C | -1.33% | |
| MDT | C | -1.33% | |
| PPG | D | -1.32% | |
| BEN | F | -1.32% | |
| MCD | F | -1.31% | |
| APD | C | -1.31% | |
| EXPD | D | -1.29% | |
| SJM | F | -1.26% | |
| CHRW | C | -1.19% |
MNA: Top Represented Industries & Keywords
KNG: Top Represented Industries & Keywords
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