MNA vs. RULE ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to Adaptive Core ETF (RULE)
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
$31.03
Average Daily Volume
56,343
29
RULE
Adaptive Core ETF
RULE Description
Adaptive Core ETF seeks current income. The fund invests in individual equity securities without regard to market capitalization and ETFs that invest in equity securities of any market capitalization including convertible equity securities and fixed income ETFs. The fund’s portfolio may hold securities from issuers of any market capitalization, credit quality, maturity, or country. Fixed income securities may include securities with credit quality below investment grade (commonly referred to as “junk bond” credit quality).Grade (RS Rating)
Last Trade
$21.04
Average Daily Volume
6,591
28
Performance
| Period | MNA | RULE |
|---|---|---|
| 30 Days | -1.37% | -3.44% |
| 60 Days | -1.24% | -4.01% |
| 90 Days | 0.00% | 0.96% |
| 12 Months | -0.72% | 10.33% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MNA | Weight in RULE | Overlap |
|---|
MNA Overweight 29 Positions Relative to RULE
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | B | 7.57% | |
| HES | B | 7.48% | |
| DFS | B | 6.7% | |
| ANSS | F | 6.47% | |
| ETRN | A | 6.26% | |
| X | F | 6.13% | |
| CTLT | C | 5.59% | |
| JNPR | D | 4.87% | |
| CPRI | F | 3.83% | |
| CERE | A | 2.81% | |
| AMED | D | 2.66% | |
| SIX | C | 2.51% | |
| FUSN | A | 2.5% | |
| AXNX | C | 2.37% | |
| DOOR | A | 2.15% | |
| OLK | C | 1.81% | |
| VZIO | D | 1.12% | |
| MGRC | D | 1.07% | |
| SRCL | F | 0.87% | |
| HAYN | B | 0.8% | |
| SP | C | 0.76% | |
| EVBG | B | 0.75% | |
| NS | D | 0.65% | |
| INBX | D | 0.61% | |
| HA | D | 0.59% | |
| NWLI | A | 0.53% | |
| TAST | A | 0.37% | |
| XT | C | -0.24% | |
| XOP | B | -6.52% |
MNA Underweight 28 Positions Relative to RULE
| Symbol | Grade | Weight | |
|---|---|---|---|
| CRWD | C | -5.25% | |
| URI | D | -3.74% | |
| META | D | -3.72% | |
| APH | A | -3.71% | |
| XOM | B | -3.61% | |
| HUBS | D | -3.56% | |
| WFC | B | -3.55% | |
| MCHP | A | -3.53% | |
| AAPL | C | -3.52% | |
| K | A | -3.51% | |
| FCX | B | -3.49% | |
| WMB | B | -3.49% | |
| PAYX | D | -3.48% | |
| WM | B | -3.47% | |
| BK | B | -3.46% | |
| COF | B | -3.45% | |
| FSLR | B | -3.43% | |
| BRK.A | D | -3.43% | |
| TGT | D | -3.43% | |
| CMI | B | -3.37% | |
| GD | A | -3.35% | |
| ETN | B | -3.35% | |
| SQ | D | -3.35% | |
| LRCX | D | -3.33% | |
| LIN | D | -3.2% | |
| CMG | A | -3.05% | |
| GPN | F | -3.0% | |
| NVDA | C | -1.59% |
MNA: Top Represented Industries & Keywords
RULE: Top Represented Industries & Keywords
Compare ETFs
