MNA vs. PTF ETF Comparison

Comparison of IQ Merger Arbitrage ETF (MNA) to PowerShares Dynamic Technology (PTF)

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

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PTF

PowerShares Dynamic Technology

PTF Description

The PowerShares Dynamic Technology Sector Portfolio (Fund) is based on the Dynamic Technology Sector 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 thoroughly evaluates 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 stocks of 60 US technology companies. These companies are principally engaged in the business of providing technology-related products and services, including computer hardware and software, Internet, electronics and semiconductors, and communication technologies. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$64.42

Average Daily Volume

20,003

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MNA	PTF
30 Days	-0.36%	2.50%
60 Days	0.31%	3.10%
90 Days	2.05%	18.79%
12 Months	5.88%	51.08%

0 Overlapping Holdings

	Symbol	Grade	Weight in MNA	Weight in PTF	Overlap

MNA Overweight 44 Positions Relative to PTF

Symbol	Grade	Weight
DFS	A	7.23%
CTLT	D	5.72%
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 41 Positions Relative to PTF

Symbol	Grade	Weight
APP	B	-7.67%
AAPL	C	-6.59%
FICO	B	-4.02%
ANET	B	-3.71%
KLAC	F	-3.27%
ZETA	C	-3.25%
COMM	A	-2.98%
NTNX	B	-2.79%
COHR	B	-2.75%
PLTR	B	-2.73%
PI	C	-2.59%
GWRE	B	-2.46%
MSFT	D	-2.45%
VRNS	D	-2.22%
TDS	B	-2.22%
MSI	B	-2.21%
GDDY	A	-2.18%
TTD	B	-2.17%
IOT	C	-2.17%
ORCL	B	-2.15%
AUR	B	-2.15%
NTAP	D	-2.04%
MTSI	B	-2.04%
MPWR	F	-2.03%
MANH	D	-1.97%
STX	D	-1.95%
AAOI	B	-1.95%
VERX	B	-1.87%
QTWO	A	-1.84%
SMTC	B	-1.75%
SITM	B	-1.73%
YOU	A	-1.71%
NSIT	F	-1.67%
IDCC	A	-1.66%
BDC	B	-1.63%
ACIW	C	-1.53%
ALKT	B	-1.47%
MAX	D	-1.39%
CVLT	B	-1.34%
PAR	A	-1.21%
PLUS	C	-1.12%