MNA vs. VICE ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to AdvisorShares Vice ETF (VICE)
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
VICE
AdvisorShares Vice ETF
VICE Description
The investment seeks long-term capital appreciation. The fund is an actively managed ETF that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in securities of (i) companies that derive at least 50% of their net revenue from tobacco and alcoholic beverages, (ii) companies that derive at least 50% of their net revenue from the food and beverage industry, and (iii) companies that derive at least 50% of their net revenue from gaming activities. It invests primarily in U.S. exchange listed equity securities, including common and preferred stock and ADRs.Grade (RS Rating)
Last Trade
$27.69
Average Daily Volume
508
21
Performance
Period | MNA | VICE |
---|---|---|
30 Days | -1.37% | -5.14% |
60 Days | -1.24% | -3.03% |
90 Days | 0.00% | 1.07% |
12 Months | -0.72% | -3.71% |
0 Overlapping Holdings
Symbol | Grade | Weight in MNA | Weight in VICE | Overlap |
---|
MNA Overweight 29 Positions Relative to VICE
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 21 Positions Relative to VICE
MNA: Top Represented Industries & Keywords
VICE: Top Represented Industries & Keywords