MNA vs. PSCF ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to PowerShares S&P SmallCap Financials Portfolio (PSCF)
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
$32.75
Average Daily Volume
49,999
Number of Holdings
*
45
* may have additional holdings in another (foreign) market
PSCF
PowerShares S&P SmallCap Financials Portfolio
PSCF Description
The PowerShares S&P SmallCap Financials Portfolio (Fund) is based on the S&P SmallCap 600® Capped Financials Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US financial services companies. These companies are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services. The Index is a subset of the S&P SmallCap 600® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$59.32
Average Daily Volume
3,404
Number of Holdings
*
162
* may have additional holdings in another (foreign) market
Performance
| Period | MNA | PSCF |
|---|---|---|
| 30 Days | -0.52% | 4.83% |
| 60 Days | -0.37% | 8.79% |
| 90 Days | 0.65% | 12.39% |
| 12 Months | 6.50% | 39.29% |
MNA Overweight 42 Positions Relative to PSCF
| Symbol | Grade | Weight | |
|---|---|---|---|
| DFS | B | 8.94% | |
| CTLT | D | 5.65% | |
| JNPR | D | 5.04% | |
| HCP | A | 4.32% | |
| FYBR | D | 3.64% | |
| MRO | B | 3.5% | |
| SMAR | A | 3.18% | |
| ALTR | C | 3.09% | |
| BALY | A | 2.77% | |
| ALE | A | 2.67% | |
| INST | B | 2.61% | |
| ENV | B | 2.56% | |
| K | A | 2.44% | |
| AXNX | A | 2.37% | |
| AY | A | 2.08% | |
| B | A | 2.05% | |
| RCM | B | 1.99% | |
| SPR | F | 1.99% | |
| INFN | D | 1.72% | |
| NAPA | A | 1.58% | |
| EVRI | A | 1.57% | |
| SASR | A | 1.49% | |
| VZIO | D | 1.33% | |
| HTLF | B | 1.27% | |
| FBMS | B | 1.22% | |
| ZUO | B | 1.17% | |
| AGS | A | 0.83% | |
| HAYN | A | 0.75% | |
| PFC | B | 0.65% | |
| GATO | C | 0.43% | |
| RVNC | F | 0.43% | |
| CFB | B | 0.41% | |
| PGRU | A | 0.35% | |
| SRDX | D | 0.26% | |
| BUSE | B | -0.42% | |
| WSBC | B | -0.66% | |
| CDE | D | -1.15% | |
| UMBF | B | -1.29% | |
| BA | F | -1.69% | |
| SSB | B | -2.1% | |
| IP | B | -4.38% | |
| COF | B | -9.54% |
MNA Underweight 159 Positions Relative to PSCF
| Symbol | Grade | Weight | |
|---|---|---|---|
| CMA | A | -2.38% | |
| JXN | C | -2.18% | |
| LNC | B | -1.6% | |
| COOP | B | -1.59% | |
| MC | B | -1.44% | |
| EPRT | C | -1.42% | |
| PIPR | B | -1.4% | |
| RDN | C | -1.33% | |
| SLG | C | -1.32% | |
| CTRE | C | -1.26% | |
| SFBS | B | -1.23% | |
| PECO | B | -1.22% | |
| ABCB | B | -1.18% | |
| AX | B | -1.13% | |
| AGO | B | -1.12% | |
| BGC | C | -1.08% | |
| STEP | B | -1.06% | |
| MAC | B | -1.03% | |
| FULT | B | -0.99% | |
| PJT | B | -0.99% | |
| UCB | B | -0.98% | |
| CATY | B | -0.97% | |
| HASI | F | -0.96% | |
| CBU | B | -0.95% | |
| SKT | A | -0.94% | |
| WD | D | -0.93% | |
| FBP | B | -0.92% | |
| FHB | B | -0.92% | |
| HIW | D | -0.91% | |
| APLE | B | -0.9% | |
| IIPR | F | -0.89% | |
| WSFS | B | -0.89% | |
| APAM | B | -0.87% | |
| CWK | C | -0.85% | |
| SFNC | B | -0.82% | |
| BXMT | D | -0.82% | |
| BOH | B | -0.81% | |
| NMIH | D | -0.8% | |
| GNW | B | -0.79% | |
| WAFD | B | -0.79% | |
| INDB | B | -0.79% | |
| BFH | B | -0.79% | |
| DEI | B | -0.79% | |
| BKU | A | -0.77% | |
| CVBF | B | -0.76% | |
| PRK | B | -0.76% | |
| LXP | D | -0.73% | |
| ABR | B | -0.72% | |
| PFS | B | -0.72% | |
| TBBK | B | -0.71% | |
| UE | B | -0.71% | |
| SNEX | B | -0.71% | |
| PPBI | B | -0.71% | |
| FFBC | B | -0.71% | |
| VIRT | B | -0.7% | |
| CNS | C | -0.7% | |
| MPW | F | -0.7% | |
| ENVA | B | -0.68% | |
| PAYO | B | -0.67% | |
| GSHD | B | -0.67% | |
| AKR | B | -0.67% | |
| SBCF | B | -0.66% | |
| BANR | B | -0.66% | |
| FCPT | C | -0.65% | |
| BANF | B | -0.64% | |
| PLMR | A | -0.64% | |
| OUT | B | -0.63% | |
| NBTB | B | -0.61% | |
| TRMK | B | -0.61% | |
| BANC | B | -0.59% | |
| SHO | D | -0.56% | |
| EVTC | C | -0.56% | |
| ROIC | A | -0.56% | |
| OFG | B | -0.55% | |
| TFIN | B | -0.55% | |
| NATL | B | -0.54% | |
| PRG | B | -0.53% | |
| JOE | F | -0.52% | |
| STC | C | -0.51% | |
| CASH | B | -0.51% | |
| NBHC | B | -0.5% | |
| NWBI | B | -0.5% | |
| FBNC | B | -0.5% | |
| MCY | B | -0.5% | |
| CHCO | B | -0.5% | |
| FBK | B | -0.5% | |
| FCF | B | -0.5% | |
| DRH | C | -0.49% | |
| LKFN | B | -0.48% | |
| HOPE | B | -0.44% | |
| HMN | B | -0.44% | |
| TRUP | B | -0.43% | |
| STBA | B | -0.43% | |
| CUBI | B | -0.42% | |
| LTC | B | -0.42% | |
| VBTX | B | -0.42% | |
| PEB | F | -0.41% | |
| DFIN | D | -0.41% | |
| WABC | B | -0.4% | |
| XHR | B | -0.4% | |
| GTY | C | -0.4% | |
| GNL | F | -0.4% | |
| VRTS | B | -0.4% | |
| HTH | B | -0.4% | |
| JBGS | F | -0.39% | |
| ELME | D | -0.39% | |
| UNIT | C | -0.37% | |
| VRE | B | -0.36% | |
| ALEX | B | -0.36% | |
| KW | C | -0.35% | |
| SPNT | B | -0.35% | |
| BHLB | B | -0.34% | |
| AAT | B | -0.34% | |
| EIG | A | -0.34% | |
| WT | B | -0.33% | |
| SAFT | B | -0.33% | |
| DEA | D | -0.33% | |
| NAVI | D | -0.32% | |
| EXPI | C | -0.31% | |
| DCOM | B | -0.31% | |
| ARI | C | -0.3% | |
| PMT | D | -0.3% | |
| RC | D | -0.3% | |
| ECPG | C | -0.3% | |
| PFBC | B | -0.3% | |
| AMSF | B | -0.29% | |
| FBRT | C | -0.28% | |
| BRKL | B | -0.28% | |
| EFC | C | -0.27% | |
| SBSI | B | -0.27% | |
| CSR | B | -0.27% | |
| NXRT | B | -0.25% | |
| MMI | B | -0.25% | |
| PRAA | C | -0.25% | |
| HCI | B | -0.25% | |
| TMP | B | -0.25% | |
| BDN | D | -0.24% | |
| HFWA | B | -0.24% | |
| RWT | D | -0.24% | |
| EGBN | B | -0.23% | |
| PRA | B | -0.22% | |
| CPF | B | -0.22% | |
| CFFN | B | -0.22% | |
| BSIG | B | -0.21% | |
| HAFC | B | -0.2% | |
| AHH | D | -0.19% | |
| KREF | D | -0.18% | |
| INN | D | -0.18% | |
| GDOT | C | -0.18% | |
| TRST | B | -0.18% | |
| EZPW | A | -0.16% | |
| WSR | B | -0.16% | |
| HPP | F | -0.16% | |
| UFCS | B | -0.14% | |
| UHT | D | -0.14% | |
| AMBC | C | -0.14% | |
| SVC | F | -0.14% | |
| BFS | C | -0.13% | |
| WRLD | C | -0.11% |
MNA: Top Represented Industries & Keywords
Industries:
Banks - Regional - US
Software - Infrastructure
Aerospace & Defense
Communication Equipment
Credit Services
Gambling
Software - Application
Utilities - Regulated Electric
Beverages - Wineries & Distilleries
Biotechnology
Capital Markets
Consumer Electronics
Diagnostics & Research
Diversified Industrials
Drug Manufacturers - Specialty & Generic
Gold
Health Information Services
Medical Devices
Metal Fabrication
Oil & Gas E&P
Keywords:
Bank
Banking
S&P 500
Deposit Products
Investment Services
Commercial Bank
Commercial Banking
Real Estate Loans
ATM
Computing
Investment Management
Trust Services
Wealth Management
Biopharmaceutical
Casino
Demand Deposit
Individual Retirement Account
Investment Bank
Residential Real Estate Loans
Back Office Systems
PSCF: Top Represented Industries & Keywords
Industries:
Banks - Regional - US
REIT - Diversified
Asset Management
REIT - Retail
Insurance - Property & Casualty
REIT - Hotel & Motel
REIT - Office
Credit Services
Savings & Cooperative Banks
Capital Markets
Insurance - Specialty
REIT - Healthcare Facilities
Real Estate Services
Insurance - Diversified
Specialty Finance
REIT - Industrial
REIT - Residential
Software - Infrastructure
Banks - Regional
Insurance - Life
Keywords:
Bank
Banking
Real Estate Investment Trust
Deposit Products
Real Estate Loans
Commercial Bank
Commercial Banking
Mortgage Loan
Insurance
Investment Management
Loan
Cash Management Services
Individual Retirement Account
Residential Real Estate Loans
Business Loans
Banking Services
Trust Services
Life Insurance
Loan Products
Structured Finance
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