MNA vs. MNA ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to IQ Merger Arbitrage ETF (MNA)
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
$32.93
Average Daily Volume
40,856
49
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
$32.93
Average Daily Volume
40,856
49
Performance
| Period | MNA | MNA |
|---|---|---|
| 30 Days | 0.77% | 0.77% |
| 60 Days | 2.55% | 2.55% |
| 90 Days | 4.21% | 4.21% |
| 12 Months | 5.44% | 5.44% |
51 Overlapping Holdings
| Symbol | Grade | Weight in MNA | Weight in MNA | Overlap | |
|---|---|---|---|---|---|
| AAN | C | 0.63% | 0.63% | 0.63% | |
| AGS | D | 0.76% | 0.76% | 0.76% | |
| ALE | A | 2.6% | 2.6% | 2.6% | |
| AXNX | B | 2.34% | 2.34% | 2.34% | |
| AY | B | 1.64% | 1.64% | 1.64% | |
| BA | F | -1.38% | -1.38% | -1.38% | |
| BALY | C | 2.73% | 2.73% | 2.73% | |
| BUSE | D | -0.3% | -0.3% | -0.3% | |
| CFB | D | 0.3% | 0.3% | 0.3% | |
| CHUY | C | 0.44% | 0.44% | 0.44% | |
| CHX | F | 2.26% | 2.26% | 2.26% | |
| CLF | F | -0.23% | -0.23% | -0.23% | |
| COF | B | -7.42% | -7.42% | -7.42% | |
| CTLT | B | 5.71% | 5.71% | 5.71% | |
| DFS | C | 6.74% | 6.74% | 6.74% | |
| ENV | C | 2.56% | 2.56% | 2.56% | |
| EVRI | B | 1.52% | 1.52% | 1.52% | |
| FA | B | -0.4% | -0.4% | -0.4% | |
| FBMS | C | 1.01% | 1.01% | 1.01% | |
| HAYN | D | 0.74% | 0.74% | 0.74% | |
| HCP | A | 4.32% | 4.32% | 4.32% | |
| HTLF | C | 0.86% | 0.86% | 0.86% | |
| IBTX | C | 1.82% | 1.82% | 1.82% | |
| INFN | B | 1.72% | 1.72% | 1.72% | |
| INST | D | 2.62% | 2.62% | 2.62% | |
| IP | C | -3.71% | -3.71% | -3.71% | |
| JNPR | A | 5.05% | 5.05% | 5.05% | |
| K | A | 1.9% | 1.9% | 1.9% | |
| MRO | D | 3.16% | 3.16% | 3.16% | |
| PETQ | B | 0.68% | 0.68% | 0.68% | |
| PFC | D | 0.41% | 0.41% | 0.41% | |
| PGRU | A | 0.27% | 0.27% | 0.27% | |
| PRFT | B | 2.0% | 2.0% | 2.0% | |
| PWSC | C | 2.26% | 2.26% | 2.26% | |
| RCM | C | 1.6% | 1.6% | 1.6% | |
| RNST | D | -1.02% | -1.02% | -1.02% | |
| RVNC | D | 0.28% | 0.28% | 0.28% | |
| SHV | B | 2.91% | 2.91% | 2.91% | |
| SLB | F | -2.3% | -2.3% | -2.3% | |
| SPR | D | 1.63% | 1.63% | 1.63% | |
| SQSP | B | 2.59% | 2.59% | 2.59% | |
| SRCL | B | 1.26% | 1.26% | 1.26% | |
| SRCL | B | 1.26% | 2.65% | 1.26% | |
| SRCL | B | 2.65% | 1.26% | 1.26% | |
| SRCL | B | 2.65% | 2.65% | 2.65% | |
| SRDX | D | 0.27% | 0.27% | 0.27% | |
| SSB | C | -1.85% | -1.85% | -1.85% | |
| TELL | C | 1.21% | 1.21% | 1.21% | |
| UMBF | C | -0.88% | -0.88% | -0.88% | |
| VZIO | B | 1.25% | 1.25% | 1.25% | |
| WSBC | D | -0.41% | -0.41% | -0.41% |
MNA Overweight 0 Positions Relative to MNA
| Symbol | Grade | Weight |
|---|
MNA Underweight 0 Positions Relative to MNA
| Symbol | Grade | Weight |
|---|
MNA: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords
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