MNA vs. WTAI ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to WisdomTree Artificial Intelligence and Innovation Fund (WTAI)
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
53,076
Number of Holdings
*
29
* may have additional holdings in another (foreign) market
WTAI
WisdomTree Artificial Intelligence and Innovation Fund
WTAI Description
WisdomTree Artificial Intelligence and Innovation Fund is an exchange traded fund launched by WisdomTree Investments, Inc. The fund is co-managed by Mellon Investments Corporation and WisdomTree Asset Management, Inc. It invests in public equity markets across the globe. The fund invests in stocks of companies operating across information technology, semiconductors and semiconductor equipment, software and services, software, system software, software research, artificial intelligence software and technology hardware and equipment sectors. It invests in growth and value stocks of diversified market cap companies. It seeks to track the performance of the WisdomTree Artificial Intelligence & Innovation Index, by using representative sampling technique. WisdomTree Artificial Intelligence and Innovation Fund is domiciled in the United States.Grade (RS Rating)
Last Trade
$19.65
Average Daily Volume
141,908
Number of Holdings
*
62
* may have additional holdings in another (foreign) market
Performance
| Period | MNA | WTAI |
|---|---|---|
| 30 Days | -0.49% | -2.82% |
| 60 Days | -1.78% | -6.21% |
| 90 Days | -0.75% | -8.82% |
| 12 Months | -0.76% | 20.84% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MNA | Weight in WTAI | Overlap | |
|---|---|---|---|---|---|
| ANSS | D | 6.37% | 1.18% | 1.18% |
MNA Overweight 28 Positions Relative to WTAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| HES | B | 7.4% | |
| PXD | B | 7.39% | |
| DFS | C | 6.45% | |
| X | D | 6.23% | |
| ETRN | C | 6.13% | |
| CTLT | D | 5.62% | |
| JNPR | D | 4.83% | |
| CPRI | F | 3.84% | |
| CERE | C | 2.88% | |
| AMED | A | 2.7% | |
| FUSN | A | 2.51% | |
| SIX | C | 2.49% | |
| AXNX | D | 2.39% | |
| DOOR | A | 2.18% | |
| OLK | C | 1.84% | |
| VZIO | D | 1.12% | |
| MGRC | D | 1.06% | |
| SRCL | D | 0.86% | |
| HAYN | D | 0.81% | |
| SP | B | 0.77% | |
| EVBG | D | 0.75% | |
| NS | D | 0.65% | |
| HA | C | 0.61% | |
| INBX | D | 0.61% | |
| NWLI | A | 0.53% | |
| TAST | A | 0.37% | |
| XT | D | -0.25% | |
| XOP | D | -6.21% |
MNA Underweight 61 Positions Relative to WTAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| ARM | F | -2.71% | |
| META | D | -2.49% | |
| NVDA | B | -2.38% | |
| GOOGL | B | -2.33% | |
| QCOM | A | -2.15% | |
| MU | B | -2.01% | |
| ASML | D | -1.98% | |
| TSM | B | -1.84% | |
| CRWD | C | -1.83% | |
| MSFT | C | -1.82% | |
| NXPI | A | -1.76% | |
| TER | A | -1.76% | |
| IOT | B | -1.68% | |
| AMD | D | -1.65% | |
| LSCC | F | -1.61% | |
| MCHP | C | -1.51% | |
| ADI | A | -1.5% | |
| ESTC | B | -1.48% | |
| GFS | D | -1.45% | |
| RXRX | F | -1.4% | |
| AMZN | B | -1.37% | |
| SYNA | F | -1.37% | |
| CDNS | D | -1.37% | |
| SNPS | D | -1.35% | |
| ON | F | -1.32% | |
| ISRG | C | -1.31% | |
| AVAV | A | -1.3% | |
| NET | F | -1.24% | |
| PATH | F | -1.23% | |
| S | D | -1.2% | |
| NOW | D | -1.19% | |
| DDOG | D | -1.15% | |
| TWLO | D | -1.14% | |
| RBLX | F | -1.12% | |
| ALTR | B | -1.12% | |
| TEAM | D | -1.1% | |
| SLP | B | -1.09% | |
| DT | D | -1.09% | |
| ADSK | D | -1.09% | |
| LMND | C | -1.08% | |
| GTLB | F | -1.06% | |
| PTC | D | -1.05% | |
| SNOW | F | -1.04% | |
| AMBA | F | -1.02% | |
| PRO | F | -1.01% | |
| MDB | F | -1.0% | |
| AI | F | -1.0% | |
| ILMN | F | -0.99% | |
| U | F | -0.98% | |
| DE | B | -0.94% | |
| AAPL | B | -0.92% | |
| LMT | A | -0.88% | |
| LAW | D | -0.77% | |
| SDGR | F | -0.77% | |
| TSLA | D | -0.72% | |
| ADBE | D | -0.71% | |
| INTC | F | -0.7% | |
| CEVA | F | -0.59% | |
| CRNC | F | -0.57% | |
| LAZR | F | -0.4% | |
| STEM | F | -0.38% |
MNA: Top Represented Industries & Keywords
Industries:
Biotechnology
Oil & Gas E&P
Oil & Gas Midstream
Software - Application
Airlines
Apparel Manufacturing
Building Materials
Business Services
Communication Equipment
Consumer Electronics
Credit Services
Diagnostics & Research
Drug Manufacturers - Specialty & Generic
Insurance - Life
Leisure
Medical Care
Medical Devices
Metal Fabrication
Rental & Leasing Services
Restaurants
WTAI: Top Represented Industries & Keywords
Industries:
Software - Application
Semiconductors
Software - Infrastructure
Semiconductor Equipment & Materials
Aerospace & Defense
Internet Content & Information
Auto Manufacturers
Auto Parts
Biotechnology
Consumer Electronics
Diagnostics & Research
Electronic Gaming & Multimedia
Farm & Construction Equipment
Health Information Services
Health Information Services
Information Technology Services
Insurance - Property & Casualty
Medical Instruments & Supplies
Semiconductor Memory
Specialty Retail
Keywords:
Nasdaq 100
S&P 500
Computing
Integrated Circuits
Software
Semiconductor
Artificial Intelligence
Work From Home
Fabless Semiconductor Companies
Cloud Computing
Electronics
Mobile Devices
Smartphones
Application Software
Electronic Design
Electronic Engineering
Flash
Information Technology Management
Power Management
Semiconductor Devices
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