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
$32.83
Average Daily Volume
52,891
44
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
$91.20
Average Daily Volume
155,760
24
Performance
| Period | MNA | PPH |
|---|---|---|
| 30 Days | -0.36% | -2.80% |
| 60 Days | 0.31% | -7.69% |
| 90 Days | 2.05% | -2.54% |
| 12 Months | 5.88% | 21.69% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MNA | Weight in PPH | Overlap | |
|---|---|---|---|---|---|
| CTLT | D | 5.72% | 1.07% | 1.07% |
MNA Overweight 43 Positions Relative to PPH
| Symbol | Grade | Weight | |
|---|---|---|---|
| DFS | A | 7.23% | |
| JNPR | A | 5.11% | |
| HCP | A | 4.32% | |
| FYBR | A | 3.74% | |
| SHV | A | 3.27% | |
| MRO | C | 3.25% | |
| SMAR | A | 3.2% | |
| SRCL | A | 2.81% | |
| BALY | A | 2.75% | |
| ALE | A | 2.67% | |
| INST | A | 2.62% | |
| ENV | A | 2.57% | |
| K | A | 2.46% | |
| AXNX | A | 2.38% | |
| SPR | C | 2.13% | |
| AY | A | 2.08% | |
| RCM | A | 2.0% | |
| IBTX | B | 1.82% | |
| INFN | B | 1.75% | |
| EVRI | A | 1.58% | |
| SRCL | A | 1.46% | |
| VZIO | C | 1.33% | |
| HTLF | A | 1.08% | |
| FBMS | B | 1.04% | |
| PETQ | A | 0.85% | |
| AGS | A | 0.83% | |
| HAYN | A | 0.75% | |
| PFC | A | 0.55% | |
| GATO | B | 0.51% | |
| RVNC | C | 0.4% | |
| CFB | D | 0.37% | |
| PGRU | A | 0.35% | |
| SRDX | D | 0.26% | |
| CLF | C | -0.26% | |
| BUSE | D | -0.38% | |
| FA | D | -0.46% | |
| WSBC | A | -0.56% | |
| RNST | B | -1.05% | |
| UMBF | A | -1.1% | |
| SSB | B | -1.83% | |
| BA | F | -1.85% | |
| IP | A | -3.56% | |
| COF | A | -7.9% |
MNA Underweight 23 Positions Relative to PPH
| Symbol | Grade | Weight | |
|---|---|---|---|
| LLY | F | -13.34% | |
| NVO | F | -8.32% | |
| JNJ | D | -6.66% | |
| ABBV | A | -5.97% | |
| NVS | D | -5.17% | |
| BMY | A | -5.04% | |
| MRK | F | -4.99% | |
| AZN | F | -4.96% | |
| ZTS | D | -4.63% | |
| COR | A | -4.6% | |
| MCK | C | -4.59% | |
| PFE | D | -4.55% | |
| HLN | D | -4.45% | |
| TAK | C | -4.43% | |
| SNY | D | -4.4% | |
| GSK | F | -4.1% | |
| TEVA | A | -3.64% | |
| VTRS | B | -1.87% | |
| JAZZ | D | -0.99% | |
| OGN | D | -0.61% | |
| ELAN | D | -0.57% | |
| PRGO | D | -0.42% | |
| PDCO | F | -0.22% |
MNA: Top Represented Industries & Keywords
PPH: Top Represented Industries & Keywords
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