MNA vs. LEAD ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to Realty Shares DIVCON Leaders Dividend ETF (LEAD)
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
LEAD
Realty Shares DIVCON Leaders Dividend ETF
LEAD Description
The investment seeks long-term capital appreciation by tracking the performance, before fees and expenses, of the Reality Shares DIVCON Leaders Dividend Index. Under normal circumstances, at least 80% of the fund's assets will be invested in component securities of the benchmark index. The benchmark index is designed to capitalize on the theory that, over time, companies that consistently grow their dividends tend to have investment returns above the overall market. It is designed to select the companies that have the highest probability of increasing their dividend in a 12-month period. The fund is non-diversified.Grade (RS Rating)
Last Trade
$62.52
Average Daily Volume
3,402
65
Performance
| Period | MNA | LEAD |
|---|---|---|
| 30 Days | -1.56% | -4.93% |
| 60 Days | -1.12% | -2.56% |
| 90 Days | -1.28% | 2.06% |
| 12 Months | -1.35% | 22.35% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MNA | Weight in LEAD | Overlap | |
|---|---|---|---|---|---|
| DFS | A | 6.26% | 1.52% | 1.52% |
MNA Overweight 31 Positions Relative to LEAD
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | B | 7.33% | |
| HES | A | 7.07% | |
| X | D | 6.79% | |
| ANSS | C | 6.42% | |
| 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 64 Positions Relative to LEAD
| Symbol | Grade | Weight | |
|---|---|---|---|
| MCK | A | -2.55% | |
| LHX | A | -2.24% | |
| MA | C | -2.16% | |
| HSY | F | -2.09% | |
| NDSN | D | -2.07% | |
| SHW | D | -2.0% | |
| EOG | A | -1.89% | |
| DG | D | -1.87% | |
| NUE | D | -1.8% | |
| V | C | -1.76% | |
| GWW | D | -1.65% | |
| AAPL | F | -1.63% | |
| DPZ | A | -1.6% | |
| CL | A | -1.6% | |
| TSCO | A | -1.59% | |
| TMO | B | -1.59% | |
| AFL | B | -1.58% | |
| UI | F | -1.56% | |
| DHR | C | -1.56% | |
| BRO | D | -1.55% | |
| TXN | B | -1.54% | |
| WCN | D | -1.52% | |
| DHI | D | -1.48% | |
| HPQ | D | -1.47% | |
| MSFT | D | -1.47% | |
| AVGO | B | -1.46% | |
| ADI | A | -1.45% | |
| KLAC | B | -1.43% | |
| A | C | -1.42% | |
| CDW | C | -1.4% | |
| ODFL | F | -1.39% | |
| ABT | C | -1.39% | |
| FDS | D | -1.36% | |
| SPGI | C | -1.36% | |
| JBHT | F | -1.36% | |
| WST | D | -1.36% | |
| APH | A | -1.34% | |
| MCO | D | -1.33% | |
| EXPD | D | -1.32% | |
| MS | A | -1.31% | |
| MPWR | C | -1.31% | |
| AVY | B | -1.31% | |
| BAX | C | -1.3% | |
| GS | A | -1.29% | |
| PH | A | -1.29% | |
| LOW | C | -1.28% | |
| HD | C | -1.28% | |
| CSX | D | -1.27% | |
| SSNC | C | -1.25% | |
| POOL | C | -1.25% | |
| WSM | B | -1.24% | |
| BBY | D | -1.24% | |
| QCOM | B | -1.21% | |
| SWKS | B | -1.18% | |
| BEN | D | -1.18% | |
| ALLY | A | -1.18% | |
| NKE | F | -1.13% | |
| CE | C | -1.13% | |
| INTU | C | -1.13% | |
| LRCX | C | -1.11% | |
| TER | B | -1.06% | |
| TGT | B | -1.06% | |
| TROW | C | -1.02% | |
| AMAT | B | -0.99% |
MNA: Top Represented Industries & Keywords
LEAD: Top Represented Industries & Keywords
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