MNA vs. RNSC ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to First Trust Small Cap US Equity Select ETF (RNSC)
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
*
44
* may have additional holdings in another (foreign) market
RNSC
First Trust Small Cap US Equity Select ETF
RNSC Description
The Small Cap US Equity Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze Small Cap US Equity Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").Grade (RS Rating)
Last Trade
$29.53
Average Daily Volume
3,107
Number of Holdings
*
302
* may have additional holdings in another (foreign) market
Performance
| Period | MNA | RNSC |
|---|---|---|
| 30 Days | -0.36% | 0.12% |
| 60 Days | 0.31% | -2.05% |
| 90 Days | 2.05% | 2.13% |
| 12 Months | 5.88% | 19.50% |
MNA Overweight 41 Positions Relative to RNSC
| 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% | |
| FA | D | -0.46% | |
| UMBF | A | -1.1% | |
| SSB | B | -1.83% | |
| BA | F | -1.85% | |
| IP | A | -3.56% | |
| COF | A | -7.9% |
MNA Underweight 299 Positions Relative to RNSC
| Symbol | Grade | Weight | |
|---|---|---|---|
| PINC | A | -2.81% | |
| PDCO | F | -2.79% | |
| USPH | F | -2.74% | |
| NHC | C | -2.69% | |
| LMAT | B | -2.64% | |
| CNMD | D | -2.45% | |
| YOU | A | -1.27% | |
| BHE | A | -1.17% | |
| CSGS | D | -1.16% | |
| CTS | A | -1.15% | |
| PRGS | B | -1.13% | |
| XRX | F | -1.13% | |
| VSH | F | -1.1% | |
| CNXN | F | -1.09% | |
| SSTK | D | -0.97% | |
| TDS | B | -0.71% | |
| CCOI | B | -0.63% | |
| SHEN | F | -0.62% | |
| IDCC | A | -0.6% | |
| CABO | C | -0.57% | |
| IRDM | B | -0.55% | |
| WEN | A | -0.37% | |
| DNUT | C | -0.36% | |
| TGNA | B | -0.35% | |
| TNL | A | -0.35% | |
| VSEC | A | -0.35% | |
| VAC | B | -0.35% | |
| OSW | A | -0.35% | |
| GBX | A | -0.34% | |
| JACK | C | -0.34% | |
| CRI | F | -0.34% | |
| PSMT | C | -0.34% | |
| JBT | A | -0.34% | |
| CAKE | A | -0.34% | |
| BLMN | F | -0.33% | |
| PHIN | C | -0.33% | |
| DAN | F | -0.33% | |
| BKE | C | -0.33% | |
| HEES | B | -0.33% | |
| HNI | D | -0.33% | |
| B | A | -0.33% | |
| SAH | C | -0.33% | |
| WINA | A | -0.33% | |
| GIC | F | -0.33% | |
| MCRI | A | -0.33% | |
| LCII | D | -0.32% | |
| GHC | A | -0.32% | |
| RRR | F | -0.32% | |
| PZZA | A | -0.32% | |
| MLKN | F | -0.32% | |
| POWL | A | -0.32% | |
| PRDO | B | -0.32% | |
| BOWL | F | -0.32% | |
| NX | C | -0.31% | |
| CCS | F | -0.31% | |
| CRAI | B | -0.31% | |
| LZB | D | -0.31% | |
| SHOO | D | -0.31% | |
| STRA | F | -0.31% | |
| WOR | F | -0.31% | |
| SCS | F | -0.31% | |
| NWL | A | -0.31% | |
| CRGY | B | -0.3% | |
| EPAC | A | -0.3% | |
| PRG | C | -0.3% | |
| GVA | A | -0.3% | |
| KNTK | B | -0.3% | |
| GES | F | -0.3% | |
| USLM | A | -0.3% | |
| PRIM | A | -0.3% | |
| WWW | C | -0.3% | |
| WGO | D | -0.3% | |
| FL | D | -0.3% | |
| LEG | F | -0.3% | |
| APOG | A | -0.3% | |
| KSS | F | -0.3% | |
| ICFI | B | -0.29% | |
| GEF | B | -0.29% | |
| ULH | B | -0.29% | |
| ABM | B | -0.29% | |
| MWA | B | -0.29% | |
| PTVE | D | -0.29% | |
| HY | D | -0.29% | |
| PBI | A | -0.29% | |
| TGLS | B | -0.29% | |
| TRN | C | -0.29% | |
| OXM | F | -0.29% | |
| CAL | F | -0.29% | |
| SXI | A | -0.28% | |
| SNDR | A | -0.28% | |
| KMT | B | -0.28% | |
| WS | A | -0.28% | |
| CXT | F | -0.28% | |
| CDRE | D | -0.28% | |
| HLIO | A | -0.28% | |
| CRK | B | -0.28% | |
| LNN | C | -0.28% | |
| HI | F | -0.28% | |
| ESE | A | -0.28% | |
| UPBD | D | -0.28% | |
| WKC | D | -0.27% | |
| CEIX | A | -0.27% | |
| ARCB | F | -0.27% | |
| TNC | F | -0.27% | |
| ALG | C | -0.27% | |
| CLB | A | -0.27% | |
| MTX | C | -0.27% | |
| SLVM | B | -0.27% | |
| HUBG | D | -0.27% | |
| LEVI | F | -0.27% | |
| REVG | D | -0.27% | |
| PATK | F | -0.27% | |
| UNF | D | -0.27% | |
| BRC | D | -0.27% | |
| EVTC | D | -0.27% | |
| CVI | F | -0.27% | |
| SCVL | F | -0.27% | |
| VSTS | F | -0.27% | |
| WERN | A | -0.27% | |
| NSSC | F | -0.27% | |
| KFRC | D | -0.26% | |
| SXT | C | -0.26% | |
| IOSP | F | -0.26% | |
| CMCO | F | -0.26% | |
| GFF | F | -0.26% | |
| AROC | D | -0.26% | |
| NPO | F | -0.26% | |
| AZZ | D | -0.26% | |
| KALU | B | -0.25% | |
| HWKN | D | -0.25% | |
| RES | F | -0.25% | |
| MTRN | D | -0.25% | |
| INSW | F | -0.25% | |
| SCL | F | -0.25% | |
| MRTN | F | -0.25% | |
| WTTR | D | -0.25% | |
| OEC | F | -0.24% | |
| AESI | F | -0.24% | |
| CALM | B | -0.24% | |
| BTU | A | -0.24% | |
| CC | F | -0.24% | |
| KWR | D | -0.24% | |
| AIN | F | -0.23% | |
| DK | F | -0.23% | |
| CVBF | B | -0.22% | |
| DBRG | D | -0.22% | |
| BANC | B | -0.21% | |
| FHI | A | -0.21% | |
| WABC | B | -0.21% | |
| BFH | C | -0.21% | |
| ASB | A | -0.21% | |
| PFBC | B | -0.21% | |
| QCRH | B | -0.21% | |
| CATY | A | -0.21% | |
| INDB | B | -0.21% | |
| BOH | A | -0.21% | |
| CASH | A | -0.21% | |
| PJT | B | -0.21% | |
| VCTR | A | -0.21% | |
| SYBT | B | -0.21% | |
| HMN | A | -0.21% | |
| NIC | B | -0.21% | |
| MCY | B | -0.21% | |
| TRMK | B | -0.21% | |
| NBHC | A | -0.21% | |
| BANR | A | -0.21% | |
| SFNC | A | -0.21% | |
| STEP | B | -0.21% | |
| BXMT | C | -0.2% | |
| AVA | D | -0.2% | |
| FBNC | D | -0.2% | |
| LKFN | B | -0.2% | |
| FBRT | B | -0.2% | |
| APAM | A | -0.2% | |
| NBTB | D | -0.2% | |
| CBU | A | -0.2% | |
| AWR | C | -0.2% | |
| FFBC | A | -0.2% | |
| MGEE | C | -0.2% | |
| EIG | C | -0.2% | |
| KLG | F | -0.2% | |
| BGC | A | -0.2% | |
| VIRT | A | -0.2% | |
| BHLB | B | -0.2% | |
| HOPE | D | -0.2% | |
| SBCF | B | -0.2% | |
| PRK | A | -0.2% | |
| VRTS | B | -0.2% | |
| EBC | C | -0.2% | |
| PFS | B | -0.2% | |
| GABC | A | -0.2% | |
| ENR | B | -0.2% | |
| TCBK | C | -0.2% | |
| EFSC | B | -0.2% | |
| FHB | A | -0.2% | |
| FBK | B | -0.2% | |
| BANF | B | -0.2% | |
| PEBO | B | -0.2% | |
| WT | B | -0.2% | |
| SASR | A | -0.2% | |
| WDFC | A | -0.2% | |
| FIBK | B | -0.2% | |
| VBTX | B | -0.2% | |
| UVV | C | -0.19% | |
| OUT | C | -0.19% | |
| KW | C | -0.19% | |
| DRH | D | -0.19% | |
| HTH | D | -0.19% | |
| STC | D | -0.19% | |
| DEA | C | -0.19% | |
| GTY | C | -0.19% | |
| EPC | D | -0.19% | |
| ARI | F | -0.19% | |
| SEB | F | -0.19% | |
| JJSF | C | -0.19% | |
| UE | B | -0.19% | |
| AKR | B | -0.19% | |
| PMT | D | -0.19% | |
| CWT | D | -0.19% | |
| FRME | C | -0.19% | |
| TR | F | -0.19% | |
| NWE | D | -0.19% | |
| SKT | B | -0.19% | |
| IVT | A | -0.19% | |
| BKU | C | -0.19% | |
| AAT | C | -0.19% | |
| CPK | C | -0.19% | |
| SJW | F | -0.19% | |
| JBGS | C | -0.19% | |
| MSEX | B | -0.19% | |
| NAVI | F | -0.19% | |
| FULT | B | -0.19% | |
| FDP | A | -0.19% | |
| WAFD | D | -0.19% | |
| LADR | B | -0.19% | |
| SAFT | D | -0.19% | |
| MBIN | F | -0.19% | |
| CDP | B | -0.19% | |
| PGRE | C | -0.19% | |
| FCF | D | -0.19% | |
| ABR | B | -0.19% | |
| BY | B | -0.19% | |
| DEI | B | -0.19% | |
| AGM | D | -0.19% | |
| NNI | A | -0.19% | |
| CHCO | A | -0.19% | |
| NWN | C | -0.19% | |
| HIW | C | -0.19% | |
| NWBI | C | -0.19% | |
| PPBI | B | -0.19% | |
| SRCE | C | -0.19% | |
| CNNE | B | -0.19% | |
| WSFS | D | -0.19% | |
| TOWN | D | -0.19% | |
| BNL | D | -0.18% | |
| GNL | D | -0.18% | |
| LXP | D | -0.18% | |
| EPR | D | -0.18% | |
| NTST | F | -0.18% | |
| UMH | D | -0.18% | |
| VRE | D | -0.18% | |
| LTC | A | -0.18% | |
| FBP | D | -0.18% | |
| MMI | D | -0.18% | |
| ESRT | C | -0.18% | |
| STBA | D | -0.18% | |
| PK | F | -0.18% | |
| RC | F | -0.18% | |
| XHR | C | -0.18% | |
| RLJ | F | -0.18% | |
| ELME | D | -0.18% | |
| NMRK | C | -0.18% | |
| ANDE | F | -0.18% | |
| WMK | D | -0.18% | |
| FCPT | D | -0.18% | |
| IIPR | C | -0.18% | |
| NXRT | D | -0.18% | |
| SHO | D | -0.18% | |
| UTZ | B | -0.18% | |
| SPB | C | -0.18% | |
| CODI | D | -0.18% | |
| APLE | C | -0.18% | |
| MAC | B | -0.18% | |
| ROIC | B | -0.18% | |
| NHI | C | -0.17% | |
| EXPI | B | -0.17% | |
| JOE | F | -0.17% | |
| CWEN | C | -0.17% | |
| CMTG | F | -0.17% | |
| ALX | D | -0.17% | |
| PEB | F | -0.17% | |
| PCH | F | -0.17% | |
| LOB | D | -0.17% | |
| OFG | C | -0.17% | |
| ALEX | C | -0.17% | |
| IMKTA | D | -0.16% | |
| NSA | D | -0.16% | |
| MPW | D | -0.15% | |
| MGPI | F | -0.14% |
MNA: Top Represented Industries & Keywords
Industries:
Banks - Regional - US
Aerospace & Defense
Communication Equipment
Credit Services
Drug Manufacturers - Specialty & Generic
Gambling
Software - Application
Utilities - Regulated Electric
Biotechnology
Capital Markets
Consumer Electronics
Diagnostics & Research
Health Information Services
Industrial Metals & Minerals
Medical Devices
Metal Fabrication
Oil & Gas E&P
Other Precious Metals & Mining
Packaged Foods
Packaging & Containers
Keywords:
Bank
Banking
S&P 500
Deposit Products
Investment Services
ATM
Commercial Bank
Commercial Banking
Real Estate Loans
Biopharmaceutical
Casino
Computing
Individual Retirement Account
Investment Management
Trust Services
Wealth Management
Back Office Systems
Boat
Broker Dealer
Business Process Management
RNSC: Top Represented Industries & Keywords
Industries:
Banks - Regional - US
REIT - Diversified
Diversified Industrials
REIT - Retail
REIT - Hotel & Motel
Specialty Chemicals
Asset Management
REIT - Office
Telecom Services
Building Materials
Packaged Foods
Restaurants
Savings & Cooperative Banks
Trucking
Apparel Manufacturing
Business Equipment
Credit Services
Footwear & Accessories
Home Furnishings & Fixtures
Oil & Gas Equipment & Services
Keywords:
Bank
Banking
Real Estate Investment Trust
Deposit Products
Commercial Banking
Real Estate Loans
Commercial Bank
Investment Management
Clothing
Mortgage Loan
Trust Services
Loan
Chemical
Demand Deposit
Business Loans
Mining
Aerospace
Cash Management Services
Consumer Products
Residential Real Estate Loans
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