MNA vs. ODDS ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to Pacer BlueStar Digital Entertainment ETF (ODDS)
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
$32.80
Average Daily Volume
49,131
44
ODDS
Pacer BlueStar Digital Entertainment ETF
ODDS Description
The fund employs a “passive management” investment approach designed to track the total return performance of the index. The index is a rules-based index that consists of globally-listed stocks and depositary receipts of digital entertainment companies. Under normal circumstances, at least 80% of the fund’s net assets (plus any borrowings for investment purposes) will be invested in companies that derive at least 50% of their revenues from Digital Entertainment. The fund is non-diversified.Grade (RS Rating)
Last Trade
$26.04
Average Daily Volume
318
16
Performance
Period | MNA | ODDS |
---|---|---|
30 Days | -0.18% | 10.20% |
60 Days | -0.27% | 8.10% |
90 Days | 0.61% | 12.69% |
12 Months | 6.73% | 34.08% |
MNA Overweight 42 Positions Relative to ODDS
Symbol | Grade | Weight | |
---|---|---|---|
DFS | B | 8.65% | |
CTLT | B | 5.63% | |
JNPR | F | 4.99% | |
HCP | B | 4.36% | |
FYBR | D | 3.64% | |
MRO | B | 3.51% | |
SMAR | A | 3.2% | |
ALTR | B | 3.12% | |
ALE | A | 2.69% | |
ENV | B | 2.59% | |
K | A | 2.47% | |
AXNX | C | 2.39% | |
AY | B | 2.1% | |
B | B | 2.08% | |
IBTX | B | 2.04% | |
RCM | F | 2.01% | |
SPR | D | 1.97% | |
INFN | C | 1.72% | |
NAPA | B | 1.6% | |
SASR | B | 1.5% | |
VZIO | A | 1.31% | |
HTLF | B | 1.25% | |
FBMS | B | 1.19% | |
ZUO | B | 1.18% | |
AGS | A | 0.84% | |
HAYN | C | 0.77% | |
PFC | A | 0.65% | |
GATO | D | 0.41% | |
CFB | B | 0.4% | |
PGRU | A | 0.35% | |
RVNC | F | 0.32% | |
SRDX | B | 0.27% | |
BUSE | B | -0.42% | |
WSBC | B | -0.66% | |
RNST | B | -1.2% | |
CDE | D | -1.2% | |
UMBF | B | -1.28% | |
AUB | B | -1.5% | |
BA | F | -1.63% | |
SSB | B | -2.03% | |
IP | B | -4.24% | |
COF | B | -9.37% |
MNA: Top Represented Industries & Keywords
ODDS: Top Represented Industries & Keywords