MNA vs. PPH ETF Comparison

Comparison of IQ Merger Arbitrage ETF (MNA) to Market Vectors Pharmaceutical ETF (PPH)
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

$32.77

Average Daily Volume

48,164

Number of Holdings *

44

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

Market Vectors Pharmaceutical ETF

PPH Description The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors US Listed Pharmaceutical 25 Index (the "Pharmaceutical Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Pharmaceutical Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the pharmaceutical industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. It is non-diversified.

Grade (RS Rating)

Last Trade

$87.34

Average Daily Volume

196,929

Number of Holdings *

24

* may have additional holdings in another (foreign) market
Performance
Period MNA PPH
30 Days -0.36% -6.67%
60 Days -0.40% -9.00%
90 Days 0.52% -10.59%
12 Months 6.64% 13.48%
1 Overlapping Holdings
Symbol Grade Weight in MNA Weight in PPH Overlap
CTLT C 5.63% 1.14% 1.14%
MNA Overweight 43 Positions Relative to PPH
Symbol Grade Weight
DFS B 8.65%
JNPR D 4.99%
HCP B 4.36%
FYBR C 3.64%
MRO B 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 F -1.63%
SSB B -2.03%
IP A -4.24%
COF C -9.37%
MNA Underweight 23 Positions Relative to PPH
Symbol Grade Weight
LLY F -11.57%
NVO F -7.69%
JNJ C -6.86%
MCK A -6.08%
BMY B -5.89%
ABBV F -5.76%
COR B -5.18%
NVS D -5.01%
MRK D -4.8%
ZTS D -4.68%
TAK D -4.6%
HLN C -4.56%
AZN F -4.41%
SNY F -4.26%
PFE F -4.23%
GSK F -3.88%
TEVA C -3.65%
VTRS B -2.27%
JAZZ C -1.11%
ELAN D -0.65%
OGN F -0.57%
PRGO C -0.49%
PDCO F -0.24%
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