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
44
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
195
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% |
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% |
MNA: Top Represented Industries & Keywords
TPMN: Top Represented Industries & Keywords