MNA vs. SCHJ ETF Comparison

Comparison of IQ Merger Arbitrage ETF (MNA) to HCM Defender 500 Index ETF (SCHJ)
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

$32.78

Average Daily Volume

48,345

Number of Holdings *

44

* may have additional holdings in another (foreign) market
SCHJ

HCM Defender 500 Index ETF

SCHJ Description The investment seeks to track as closely as possible, before fees and expenses, the total return of the Bloomberg Barclays US 1-5 Year Corporate Bond Index. To pursue its goal, the fund generally invests in securities that are included in the index. The index measures the performance of U.S. investment grade, taxable corporate bonds with maturities greater than or equal to one year and less than five years that have $300 million or more of outstanding face value. It is the fund's policy that under normal circumstances it will invest at least 90% of its net assets in securities included in the index.

Grade (RS Rating)

Last Trade

$24.44

Average Daily Volume

89,713

Number of Holdings *

436

* may have additional holdings in another (foreign) market
Performance
Period MNA SCHJ
30 Days -0.33% -0.15%
60 Days -0.36% -0.88%
90 Days 0.55% 0.18%
12 Months 6.67% 6.69%
6 Overlapping Holdings
Symbol Grade Weight in MNA Weight in SCHJ Overlap
BA F -1.63% 0.01% -1.63%
COF C -9.37% 0.01% -9.37%
DFS B 8.65% 0.02% 0.02%
IP A -4.24% 0.03% -4.24%
JNPR D 4.99% 0.02% 0.02%
K A 2.47% 0.02% 0.02%
MNA Overweight 38 Positions Relative to SCHJ
Symbol Grade Weight
CTLT C 5.63%
HCP B 4.36%
FYBR C 3.64%
MRO B 3.51%
SMAR B 3.2%
ALTR B 3.12%
BALY B 2.82%
ALE A 2.69%
ENV B 2.59%
AXNX A 2.39%
AY A 2.1%
B A 2.08%
IBTX B 2.04%
RCM A 2.01%
SPR D 1.97%
INFN D 1.72%
NAPA A 1.6%
EVRI A 1.59%
SASR B 1.5%
VZIO A 1.31%
HTLF B 1.25%
FBMS B 1.19%
ZUO B 1.18%
AGS A 0.84%
HAYN A 0.77%
PFC B 0.65%
GATO C 0.41%
CFB B 0.4%
PGRU A 0.35%
RVNC F 0.32%
SRDX B 0.27%
BUSE B -0.42%
WSBC B -0.66%
RNST B -1.2%
CDE C -1.2%
UMBF B -1.28%
AUB B -1.5%
SSB B -2.03%
MNA Underweight 430 Positions Relative to SCHJ
Symbol Grade Weight
HPQ B -0.1%
CARR C -0.1%
MDT D -0.1%
BIIB F -0.1%
COP C -0.09%
BABA D -0.09%
DD C -0.09%
V A -0.09%
TAP C -0.08%
OTIS C -0.07%
KLAC F -0.07%
CME B -0.07%
BLK B -0.07%
STLA F -0.07%
GILD C -0.07%
NI A -0.06%
WBA F -0.06%
TMUS B -0.06%
ORCL A -0.06%
CHTR C -0.06%
ETN A -0.05%
KO D -0.05%
RF A -0.05%
MCHP F -0.05%
SJM D -0.05%
EMN C -0.05%
ADP A -0.05%
SF B -0.05%
HRL D -0.05%
ATO A -0.05%
VRSK A -0.05%
TGT F -0.05%
BDX F -0.05%
BERY C -0.05%
SYF B -0.05%
DLTR F -0.05%
MRK D -0.05%
GS A -0.05%
MSFT D -0.05%
ITW B -0.04%
SPGI C -0.04%
UHS D -0.04%
DXC B -0.04%
AMAT F -0.04%
NTRS A -0.04%
CMA B -0.04%
BHP F -0.04%
PPL A -0.04%
FDX B -0.04%
MLM C -0.04%
WLK D -0.04%
JBHT C -0.04%
DOW F -0.04%
VFC C -0.04%
PH A -0.04%
MA B -0.04%
HON C -0.04%
MOS F -0.04%
RPRX D -0.04%
FOXA A -0.04%
JEF A -0.04%
GSK F -0.04%
NOC D -0.04%
LUV C -0.04%
DIS B -0.04%
SBUX A -0.04%
AXP A -0.04%
HCA F -0.04%
AIG B -0.04%
AMZN C -0.04%
AAPL C -0.04%
DELL B -0.04%
AMCR C -0.03%
TPR B -0.03%
FAF A -0.03%
KEYS A -0.03%
VMC B -0.03%
HP C -0.03%
THG A -0.03%
DLR B -0.03%
EA A -0.03%
BWA D -0.03%
PHM D -0.03%
IFF D -0.03%
SWKS F -0.03%
EMR B -0.03%
EQR C -0.03%
KMPR A -0.03%
HAS D -0.03%
CLX A -0.03%
MAIN A -0.03%
TEL B -0.03%
RL C -0.03%
GP F -0.03%
ORI A -0.03%
TME D -0.03%
GWW B -0.03%
FTNT C -0.03%
BC C -0.03%
LII A -0.03%
JBL C -0.03%
ED C -0.03%
SNX D -0.03%
AN C -0.03%
LDOS C -0.03%
MHK D -0.03%
WB D -0.03%
BAX F -0.03%
CE F -0.03%
FRT B -0.03%
OPI F -0.03%
FTV C -0.03%
JD D -0.03%
MSI B -0.03%
AWH F -0.03%
JCI B -0.03%
PVH C -0.03%
JHG B -0.03%
VNT C -0.03%
BKU A -0.03%
VRSN C -0.03%
CNO B -0.03%
KEY B -0.03%
ALL A -0.03%
SWK D -0.03%
DG F -0.03%
LHX C -0.03%
MKC C -0.03%
DGX A -0.03%
FANG C -0.03%
EBAY D -0.03%
EVRG A -0.03%
AVT C -0.03%
ALLY C -0.03%
MDLZ F -0.03%
HAL C -0.03%
TT A -0.03%
MPC D -0.03%
TMO F -0.03%
VLO C -0.03%
WMB A -0.03%
LVS B -0.03%
MU D -0.03%
EPD A -0.03%
EXC C -0.03%
NVDA B -0.03%
FIS C -0.03%
PFE F -0.03%
GOOGL C -0.03%
PYPL B -0.03%
ARCC A -0.03%
BIDU F -0.03%
USB A -0.03%
CSCO B -0.03%
HPE B -0.03%
GE D -0.03%
IBM C -0.03%
WMT A -0.03%
XOM B -0.03%
C A -0.03%
ABBV F -0.03%
HSBC A -0.03%
MS A -0.03%
BAC A -0.03%
TSLX C -0.02%
TCPC C -0.02%
FNB A -0.02%
VLY B -0.02%
SNV C -0.02%
WAL B -0.02%
ALLE C -0.02%
ADI D -0.02%
AIZ A -0.02%
APD A -0.02%
DOV A -0.02%
LEG F -0.02%
RGA A -0.02%
KSS F -0.02%
SBRA C -0.02%
OCSL F -0.02%
EQH C -0.02%
GXO B -0.02%
HTGC D -0.02%
NEU D -0.02%
BCSF C -0.02%
CTVA C -0.02%
PSEC D -0.02%
AGO B -0.02%
RNR C -0.02%
HES B -0.02%
TRMB B -0.02%
ADM D -0.02%
KRC B -0.02%
TKR D -0.02%
OC A -0.02%
ADSK A -0.02%
RS B -0.02%
PNW A -0.02%
ILMN C -0.02%
G B -0.02%
HRB D -0.02%
RPM A -0.02%
EL F -0.02%
GBDC D -0.02%
FHN A -0.02%
CF A -0.02%
STLD B -0.02%
DAL B -0.02%
LLY F -0.02%
LNC C -0.02%
LNT A -0.02%
HOG D -0.02%
UNM A -0.02%
PKG A -0.02%
HUBB B -0.02%
LAZ B -0.02%
BR A -0.02%
GSBD F -0.02%
TDY B -0.02%
BKH A -0.02%
VOYA B -0.02%
SLG B -0.02%
PFG D -0.02%
NUE C -0.02%
WPC C -0.02%
WM B -0.02%
MRVL B -0.02%
ROK C -0.02%
INTU B -0.02%
BG D -0.02%
NTAP C -0.02%
L A -0.02%
KR B -0.02%
SHW B -0.02%
AON A -0.02%
KMB C -0.02%
A D -0.02%
HII F -0.02%
MCO B -0.02%
LYB F -0.02%
H B -0.02%
ARE F -0.02%
DHI F -0.02%
CNP A -0.02%
CNA C -0.02%
NNN C -0.02%
UAL A -0.02%
EQIX A -0.02%
WEC A -0.02%
AWK C -0.02%
R B -0.02%
DVN F -0.02%
TJX A -0.02%
CAH B -0.02%
HBAN A -0.02%
SRE A -0.02%
XEL A -0.02%
MMM D -0.02%
WAB B -0.02%
SITC D -0.02%
ORLY B -0.02%
CFG B -0.02%
NDAQ A -0.02%
LEN D -0.02%
EXPE B -0.02%
BKNG A -0.02%
PEG A -0.02%
D C -0.02%
ABT B -0.02%
AMP A -0.02%
LH B -0.02%
SYK B -0.02%
ROST D -0.02%
AGR A -0.02%
PM B -0.02%
ETR B -0.02%
CNH C -0.02%
MET A -0.02%
NXPI D -0.02%
SPG A -0.02%
HST C -0.02%
GLPI C -0.02%
STZ D -0.02%
CRM B -0.02%
MO A -0.02%
GPN B -0.02%
CAT B -0.02%
CM A -0.02%
TSN B -0.02%
QCOM F -0.02%
DUK C -0.02%
ICE C -0.02%
AL B -0.02%
SYY D -0.02%
UPS C -0.02%
MMC B -0.02%
SLB C -0.02%
GD D -0.02%
RTX D -0.02%
VOD F -0.02%
PG C -0.02%
AVGO D -0.02%
KDP F -0.02%
PNC B -0.02%
MAR A -0.02%
EOG A -0.02%
BXP C -0.02%
AER A -0.02%
BNS A -0.02%
DB D -0.02%
OMC C -0.02%
PEP F -0.02%
ZTS D -0.02%
CB C -0.02%
PCG A -0.02%
TFC A -0.02%
LMT D -0.02%
VZ C -0.02%
BMY B -0.02%
JNJ C -0.02%
RY A -0.02%
CI D -0.02%
MUFG B -0.02%
CVX A -0.02%
NWG A -0.02%
INTC C -0.02%
WFC A -0.02%
JPM A -0.02%
CHD A -0.01%
NEM D -0.01%
BEN C -0.01%
VNO C -0.01%
FE C -0.01%
BRO B -0.01%
ALB B -0.01%
PDM D -0.01%
ARW D -0.01%
CSL C -0.01%
OGE A -0.01%
MAA B -0.01%
O C -0.01%
CSX C -0.01%
OHI C -0.01%
EFX F -0.01%
RSG A -0.01%
ROP B -0.01%
AEP C -0.01%
AFL B -0.01%
CP F -0.01%
DHR F -0.01%
NKE F -0.01%
WEST C -0.01%
MTB A -0.01%
ES C -0.01%
PSA C -0.01%
AVB B -0.01%
CPB D -0.01%
PPG F -0.01%
HSY F -0.01%
AMG B -0.01%
OGS A -0.01%
LRCX F -0.01%
PAA B -0.01%
APTV F -0.01%
HUM C -0.01%
MCK A -0.01%
ADBE C -0.01%
KMI A -0.01%
VTR B -0.01%
NFG A -0.01%
SCHW B -0.01%
PRU A -0.01%
CAG F -0.01%
GIS D -0.01%
DTE C -0.01%
LOW C -0.01%
STT B -0.01%
CCI C -0.01%
FITB B -0.01%
HD B -0.01%
BK A -0.01%
PSX C -0.01%
UNH B -0.01%
AMGN F -0.01%
BMO A -0.01%
TD D -0.01%
AMT C -0.01%
AZN F -0.01%
MCD D -0.01%
GM C -0.01%
ZBH C -0.01%
CVS D -0.01%
T A -0.01%
CMCSA B -0.01%
FCNCA A -0.0%
CTRA B -0.0%
COST A -0.0%
CMS C -0.0%
AEE A -0.0%
SCCO F -0.0%
CMI A -0.0%
PCAR B -0.0%
KIM A -0.0%
WHR B -0.0%
FLEX B -0.0%
CUBE C -0.0%
APH A -0.0%
AZO C -0.0%
ESS B -0.0%
BDN C -0.0%
BRX A -0.0%
NSC B -0.0%
WU F -0.0%
IVZ B -0.0%
TXT D -0.0%
TXN C -0.0%
CL D -0.0%
UNP C -0.0%
LIN C -0.0%
OKE A -0.0%
WELL A -0.0%
BSX A -0.0%
EIX B -0.0%
AES F -0.0%
DOC C -0.0%
FSK A -0.0%
MPLX A -0.0%
DE B -0.0%
SO C -0.0%
NEE C -0.0%
Compare ETFs