MNA vs. PBE ETF Comparison

Comparison of IQ Merger Arbitrage ETF (MNA) to PowerShares Dynamic Biotech & Genome (PBE)
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

$31.49

Average Daily Volume

41,884

Number of Holdings *

36

* may have additional holdings in another (foreign) market
PBE

PowerShares Dynamic Biotech & Genome

PBE Description The PowerShares Dynamic Biotechnology & Genome Portfolio (Fund) is based on the Dynamic Biotech & Genome IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US biotechnology and genome companies. These are companies that are principally engaged in the research, development, manufacture and marketing and distribution of various biotechnological products, services and processes and companies that benefit significantly from scientific and technological advances biotechnology and genetic engineering and reseach. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$65.12

Average Daily Volume

13,595

Number of Holdings *

30

* may have additional holdings in another (foreign) market
Performance
Period MNA PBE
30 Days 0.45% -1.10%
60 Days 0.29% 0.56%
90 Days 0.00% -2.18%
12 Months 1.72% 6.17%
0 Overlapping Holdings
Symbol Grade Weight in MNA Weight in PBE Overlap
MNA Overweight 36 Positions Relative to PBE
Symbol Grade Weight
WRK B 6.73%
PXD A 6.27%
HES C 6.12%
X D 5.06%
SHV A 4.8%
CPRI F 4.53%
BIL B 4.52%
ANSS C 4.45%
DFS A 4.07%
MDC A 3.18%
JNPR B 3.06%
CTLT C 2.59%
AMED F 2.49%
SIX C 2.46%
CERE B 2.16%
CBAY A 1.91%
OLK D 1.81%
DOOR B 1.79%
WH D 1.61%
AXNX B 1.38%
CPE C 1.05%
PGTI A 0.73%
SP B 0.71%
EVBG B 0.69%
VZIO B 0.67%
NS C 0.63%
HA D 0.58%
INBX D 0.5%
NWLI A 0.49%
EGLE B 0.48%
KAMN A 0.45%
DSKE B 0.41%
NGMS A 0.38%
CATC D 0.34%
MGRC D 0.3%
XOP A -1.26%
MNA Underweight 30 Positions Relative to PBE
Symbol Grade Weight
NBIX C -5.32%
TECH F -5.05%
REGN B -5.02%
GILD F -4.98%
BIIB F -4.95%
VRTX D -4.85%
AMGN D -4.8%
BMRN D -4.66%
MNKD C -3.54%
COLL A -3.31%
CPRX C -3.23%
EXEL B -3.11%
PTCT D -3.11%
TGTX D -3.09%
HALO C -2.99%
UTHR C -2.96%
CLDX C -2.85%
QGEN F -2.73%
RGEN D -2.68%
DVAX F -2.65%
BPMC C -2.64%
IONS F -2.58%
MYGN D -2.54%
VCEL A -2.53%
ITCI D -2.49%
XENE D -2.4%
VCYT F -2.31%
FOLD F -2.29%
EYPT D -2.26%
ACAD F -1.98%
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