MNA vs. TINT ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to ProShares Smart Materials ETF (TINT)
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
$31.06
Average Daily Volume
56,743
29
TINT
ProShares Smart Materials ETF
TINT Description
ProShares Smart Materials ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies focused on making or applying industrial innovations which allow for improved products, processes, or techniques through advanced, responsive, or intelligent materials sectors. The fund invests in growth and value stocks of companies across diversified market capitalizations. It replicates the performance of the Solactive Smart Materials Index, by using full replication technique. ProShares Smart Materials ETF was formed on October 26, 2021 and is domiciled in the United States.Grade (RS Rating)
Last Trade
$32.93
Average Daily Volume
124
17
Performance
| Period | MNA | TINT |
|---|---|---|
| 30 Days | -1.51% | -2.73% |
| 60 Days | -1.29% | 1.30% |
| 90 Days | 0.11% | 2.63% |
| 12 Months | -0.95% | 4.36% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MNA | Weight in TINT | Overlap |
|---|
MNA Overweight 29 Positions Relative to TINT
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | B | 7.57% | |
| HES | B | 7.48% | |
| DFS | B | 6.7% | |
| ANSS | D | 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 | D | 2.51% | |
| FUSN | A | 2.5% | |
| AXNX | C | 2.37% | |
| DOOR | A | 2.15% | |
| OLK | D | 1.81% | |
| VZIO | D | 1.12% | |
| MGRC | D | 1.07% | |
| SRCL | F | 0.87% | |
| HAYN | C | 0.8% | |
| SP | B | 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 | C | -6.52% |
MNA: Top Represented Industries & Keywords
TINT: Top Represented Industries & Keywords
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