MNA vs. TPMN ETF Comparison

Comparison of IQ Merger Arbitrage ETF (MNA) to The Timothy Plan Timothy Plan Market Neutral ETF (TPMN)
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

$32.80

Average Daily Volume

49,131

Number of Holdings *

44

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

The Timothy Plan Timothy Plan Market Neutral ETF

TPMN Description The adviser pursues the fund's investment objective by implementing a proprietary, "market neutral" investment strategy designed to seek income from the fund's investments while maintaining a low correlation to the foreign and domestic equity and bond markets. The adviser uses a multi-strategy approach. The fund will be actively managed, meaning that the sub-advisor may make changes to the fund's portfolio at any time.

Grade (RS Rating)

Last Trade

$23.98

Average Daily Volume

2,434

Number of Holdings *

195

* may have additional holdings in another (foreign) market
Performance
Period MNA TPMN
30 Days -0.18% 1.11%
60 Days -0.27% 0.73%
90 Days 0.61% 1.43%
12 Months 6.73% 0.32%
4 Overlapping Holdings
Symbol Grade Weight in MNA Weight in TPMN Overlap
BUSE B -0.42% 4.08% -0.42%
IP B -4.24% 4.84% -4.24%
SASR B 1.5% 9.72% 1.5%
WSBC A -0.66% 6.27% -0.66%
MNA Overweight 40 Positions Relative to TPMN
Symbol Grade Weight
DFS B 8.65%
CTLT B 5.63%
JNPR F 4.99%
HCP B 4.36%
FYBR D 3.64%
MRO B 3.51%
SMAR A 3.2%
ALTR B 3.12%
BALY C 2.82%
ALE A 2.69%
ENV B 2.59%
K A 2.47%
AXNX C 2.39%
AY B 2.1%
B B 2.08%
IBTX B 2.04%
RCM F 2.01%
SPR D 1.97%
INFN C 1.72%
NAPA B 1.6%
EVRI A 1.59%
VZIO A 1.31%
HTLF B 1.25%
FBMS B 1.19%
ZUO B 1.18%
AGS A 0.84%
HAYN C 0.77%
PFC A 0.65%
GATO D 0.41%
CFB B 0.4%
PGRU A 0.35%
RVNC F 0.32%
SRDX B 0.27%
RNST B -1.2%
CDE D -1.2%
UMBF B -1.28%
AUB B -1.5%
BA F -1.63%
SSB B -2.03%
COF B -9.37%
MNA Underweight 191 Positions Relative to TPMN
Symbol Grade Weight
DTM B -16.58%
PNM F -15.99%
SR A -13.66%
POR C -13.53%
NWE B -13.15%
JHG A -13.06%
FNB A -13.03%
NI A -13.01%
DTE C -12.99%
ED D -12.5%
ORI A -12.5%
JEF A -12.46%
NWBI B -12.39%
APAM B -12.31%
PKG A -12.29%
SO D -12.14%
BKH A -11.99%
KNTK B -11.95%
PNW B -11.91%
PEG A -11.75%
KMI A -11.71%
CMS C -11.7%
AVA A -11.67%
EMN D -11.6%
OGS A -11.56%
NTB B -11.56%
AM A -11.45%
ENR B -10.57%
REYN D -10.55%
OKE A -10.52%
SWX B -10.41%
HOPE B -10.27%
LNT A -9.92%
WMB A -9.77%
OMF A -9.68%
DLX B -9.65%
SFL D -9.59%
OWL A -9.51%
TRN C -9.45%
IDA A -9.41%
WEC A -9.3%
SXC A -9.26%
EVRG A -9.24%
SNV B -9.18%
CIVI D -9.18%
NWN A -8.77%
LYB F -8.76%
ETR B -8.75%
FLNG B -8.73%
CCOI B -8.67%
FIBK A -8.64%
GBCI B -8.4%
BRY F -8.39%
SON D -8.31%
NFG A -8.17%
NJR A -8.15%
INGR B -8.14%
CRGY B -8.11%
UPBD B -8.09%
NAT F -8.02%
PB A -7.99%
PPBI B -7.9%
GNK D -7.89%
RGP F -7.86%
E F -7.85%
SJM D -7.84%
HNI B -7.84%
SAFT C -7.81%
FFBC A -7.77%
NOG A -7.74%
CALM A -7.73%
BPOP B -7.66%
OGE B -7.64%
PTEN C -7.54%
SBSI B -7.52%
DIN C -7.51%
WU D -7.51%
DHT F -7.37%
CPB D -7.33%
PINC B -7.31%
GOGL F -7.3%
PZZA D -7.24%
RYI C -7.14%
HAFC A -7.13%
RHI B -7.13%
IVZ B -7.07%
CTRA B -7.06%
OZK B -6.98%
HRB D -6.96%
WEN D -6.87%
FDP B -6.84%
FLO D -6.79%
LCII C -6.76%
AEP D -6.71%
KALU C -6.69%
ETD C -6.66%
PAX B -6.6%
MATW C -6.6%
BKU A -6.52%
AMCR D -6.39%
CVI F -6.37%
CHRD D -6.37%
REPX A -6.35%
VLO C -6.33%
SPTN D -6.31%
VIRT B -6.3%
MNRO D -6.23%
AGCO D -6.22%
BKE B -6.2%
BRKL B -6.14%
NPK B -6.1%
PSX C -6.09%
FHB A -6.08%
CABO C -6.08%
NEE D -6.06%
UGI A -5.98%
PDCO D -5.97%
BLX C -5.89%
STRA C -5.87%
STLA F -5.86%
COLB A -5.66%
BAX D -5.66%
VRTS B -5.61%
MSM C -5.52%
DINO D -5.37%
SMG D -5.36%
FBP B -5.33%
MOS F -5.22%
VLY B -5.13%
LEA D -5.08%
JACK D -5.05%
MAN D -5.03%
OCFC B -5.02%
PII D -4.99%
PLOW D -4.98%
GRMN B -4.98%
AMRK F -4.98%
HVT D -4.98%
BOH B -4.96%
APA D -4.91%
KLG C -4.9%
BLMN F -4.82%
BG F -4.81%
DVN F -4.75%
R B -4.74%
WSO A -4.67%
KVUE A -4.63%
IIIN C -4.5%
MTN C -4.49%
EBF F -4.45%
LKQ D -4.42%
GTN F -4.42%
TFSL A -4.42%
DCOM A -4.39%
PFG D -4.27%
EGY D -4.25%
CRI D -4.17%
SWBI C -4.09%
AXS A -4.09%
EMBC C -4.09%
CNH C -4.07%
ES D -4.06%
FF D -4.04%
HRL D -3.96%
ACCO C -3.94%
CWEN C -3.92%
ASC F -3.91%
BBWI D -3.81%
PLTK B -3.76%
OVV B -3.74%
MOV C -3.62%
METC C -3.57%
DDS B -3.37%
HASI D -3.29%
GRNT B -3.22%
SKM D -3.15%
NWL B -3.03%
PAYX C -3.03%
FMC D -2.97%
SCCO F -2.94%
HUN F -2.87%
XP F -2.74%
NEM D -2.69%
MTG C -2.36%
GLNG C -2.35%
AESI B -2.12%
FAF A -2.12%
UWMC D -2.02%
SHG D -1.93%
DG F -1.85%
BGS F -1.51%
Compare ETFs