MNA vs. XHS ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to SPDR S&P Health Care Services ETF (XHS)
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
$30.84
Average Daily Volume
54,250
32
XHS
SPDR S&P Health Care Services ETF
XHS Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the health care providers and services segment of a U.S. total market composite index. In seeking to track the performance of the S&P Health Care Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the health care services industry group of the S&P Total Market Index ("S&P TMI"). It is non-diversified.Grade (RS Rating)
Last Trade
$87.17
Average Daily Volume
6,110
58
Performance
| Period | MNA | XHS |
|---|---|---|
| 30 Days | -1.88% | -6.06% |
| 60 Days | -1.85% | -3.25% |
| 90 Days | -1.50% | 0.31% |
| 12 Months | -1.84% | -1.09% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MNA | Weight in XHS | Overlap | |
|---|---|---|---|---|---|
| AMED | D | 2.65% | 1.99% | 1.99% |
MNA Overweight 31 Positions Relative to XHS
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | A | 7.33% | |
| HES | A | 7.07% | |
| X | D | 6.79% | |
| ANSS | C | 6.42% | |
| DFS | A | 6.26% | |
| ETRN | A | 5.74% | |
| CTLT | C | 5.56% | |
| JNPR | C | 4.99% | |
| MDC | A | 4.46% | |
| CPRI | F | 4.23% | |
| CERE | B | 2.78% | |
| SIX | D | 2.49% | |
| FUSN | A | 2.47% | |
| AXNX | C | 2.38% | |
| DOOR | A | 2.12% | |
| OLK | D | 1.82% | |
| MGRC | D | 1.11% | |
| VZIO | A | 1.1% | |
| SRCL | B | 0.86% | |
| HAYN | A | 0.8% | |
| SP | B | 0.76% | |
| EVBG | A | 0.74% | |
| HA | C | 0.63% | |
| INBX | C | 0.61% | |
| NS | B | 0.59% | |
| NWLI | A | 0.52% | |
| KAMN | A | 0.49% | |
| NGMS | A | 0.42% | |
| TAST | A | 0.37% | |
| XT | D | -0.24% | |
| XOP | A | -6.49% |
MNA Underweight 57 Positions Relative to XHS
| Symbol | Grade | Weight | |
|---|---|---|---|
| EHC | A | -2.15% | |
| RDNT | A | -2.14% | |
| THC | B | -2.08% | |
| CI | A | -2.08% | |
| DGX | B | -2.06% | |
| HIMS | B | -2.06% | |
| OMI | A | -2.04% | |
| HCA | C | -2.02% | |
| SEM | D | -2.01% | |
| ELV | A | -2.01% | |
| MCK | A | -2.0% | |
| HQY | B | -2.0% | |
| PINC | D | -2.0% | |
| PGNY | D | -1.99% | |
| OPCH | D | -1.96% | |
| ENSG | C | -1.96% | |
| DVA | B | -1.96% | |
| CHE | C | -1.95% | |
| MOH | C | -1.94% | |
| UHS | C | -1.93% | |
| HSIC | D | -1.93% | |
| LH | F | -1.92% | |
| PDCO | D | -1.91% | |
| BKD | A | -1.9% | |
| GH | F | -1.9% | |
| AMN | F | -1.89% | |
| HUM | D | -1.88% | |
| NEO | F | -1.87% | |
| CVS | D | -1.87% | |
| CAH | B | -1.86% | |
| UNH | B | -1.86% | |
| RCM | F | -1.85% | |
| ACHC | D | -1.84% | |
| CNC | B | -1.84% | |
| AGL | F | -1.81% | |
| NHC | B | -1.8% | |
| SGRY | F | -1.77% | |
| CRVL | C | -1.69% | |
| PRVA | F | -1.61% | |
| ADUS | B | -1.55% | |
| CYH | F | -1.5% | |
| MD | D | -1.43% | |
| CCRN | F | -1.41% | |
| OPK | B | -1.4% | |
| USPH | D | -1.36% | |
| AHCO | D | -1.34% | |
| ACCD | D | -1.32% | |
| LFST | F | -1.17% | |
| ASTH | D | -1.11% | |
| PETQ | D | -0.97% | |
| CSTL | D | -0.92% | |
| FLGT | F | -0.86% | |
| DCGO | F | -0.85% | |
| ALHC | D | -0.79% | |
| MODV | F | -0.68% | |
| NRC | D | -0.5% | |
| PNTG | A | -0.43% |
MNA: Top Represented Industries & Keywords
XHS: Top Represented Industries & Keywords
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