MNA vs. ONLN ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to ProShares Online Retail ETF (ONLN)
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
$32.78
Average Daily Volume
48,516
44
ONLN
ProShares Online Retail ETF
ONLN Description
The investment seeks investment results, before fees and expenses, that track the performance of the ProShares Online Retail Index (the index). The fund seeks to invest substantially all of its assets in the stocks that make up the index and generally holds each stock in approximately the same proportion as its weighting in the index. Normally, it will invest at least 80% of its assets in the component securities of the index. The index is designed to measure the performance of publicly traded companies that principally sell online or through other non-store sales channels, rather than through "brick and mortar" store locations. The fund is non-diversified.Grade (RS Rating)
Last Trade
$44.83
Average Daily Volume
9,840
16
Performance
Period | MNA | ONLN |
---|---|---|
30 Days | -0.55% | -0.01% |
60 Days | -0.70% | 5.84% |
90 Days | 0.34% | 8.46% |
12 Months | 6.38% | 41.83% |
0 Overlapping Holdings
Symbol | Grade | Weight in MNA | Weight in ONLN | Overlap |
---|
MNA Overweight 44 Positions Relative to ONLN
Symbol | Grade | Weight | |
---|---|---|---|
DFS | B | 8.65% | |
CTLT | D | 5.63% | |
JNPR | D | 4.99% | |
HCP | B | 4.36% | |
FYBR | C | 3.64% | |
MRO | A | 3.51% | |
SMAR | A | 3.2% | |
ALTR | B | 3.12% | |
BALY | A | 2.82% | |
ALE | A | 2.69% | |
ENV | B | 2.59% | |
K | A | 2.47% | |
AXNX | A | 2.39% | |
AY | A | 2.1% | |
B | A | 2.08% | |
IBTX | B | 2.04% | |
RCM | A | 2.01% | |
SPR | D | 1.97% | |
INFN | D | 1.72% | |
NAPA | A | 1.6% | |
EVRI | A | 1.59% | |
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 | A | 0.77% | |
PFC | B | 0.65% | |
GATO | C | 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 | C | -1.2% | |
UMBF | B | -1.28% | |
AUB | B | -1.5% | |
BA | D | -1.63% | |
SSB | B | -2.03% | |
IP | A | -4.24% | |
COF | B | -9.37% |
MNA: Top Represented Industries & Keywords
ONLN: Top Represented Industries & Keywords