MNA vs. XITK ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to SPDR FactSet Innovative Technology ETF (XITK)
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
$32.72
Average Daily Volume
48,516
Number of Holdings
*
44
* may have additional holdings in another (foreign) market
XITK
SPDR FactSet Innovative Technology ETF
XITK Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the FactSet Innovative Technology Index. The index is designed to represent the performance of U.S.-listed stock and American Depository Receipts of Technology companies and Technology-related companies within the most innovative segments of the Technology sector and Electronic Media sub-sector of the Media sector, as defined by FactSet Research Systems, Inc. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. It is non-diversified.Grade (RS Rating)
Last Trade
$175.06
Average Daily Volume
1,537
Number of Holdings
*
96
* may have additional holdings in another (foreign) market
Performance
| Period | MNA | XITK |
|---|---|---|
| 30 Days | -0.55% | 8.36% |
| 60 Days | -0.70% | 13.58% |
| 90 Days | 0.34% | 16.55% |
| 12 Months | 6.38% | 34.86% |
MNA Overweight 42 Positions Relative to XITK
| Symbol | Grade | Weight | |
|---|---|---|---|
| DFS | B | 8.65% | |
| CTLT | D | 5.63% | |
| JNPR | D | 4.99% | |
| FYBR | C | 3.64% | |
| MRO | A | 3.51% | |
| ALTR | B | 3.12% | |
| BALY | A | 2.82% | |
| ALE | A | 2.69% | |
| ENV | B | 2.59% | |
| K | A | 2.47% | |
| AXNX | A | 2.39% | |
| AY | A | 2.1% | |
| B | A | 2.08% | |
| IBTX | B | 2.04% | |
| RCM | A | 2.01% | |
| SPR | D | 1.97% | |
| INFN | D | 1.72% | |
| NAPA | A | 1.6% | |
| EVRI | A | 1.59% | |
| SASR | B | 1.5% | |
| VZIO | A | 1.31% | |
| HTLF | B | 1.25% | |
| FBMS | B | 1.19% | |
| ZUO | B | 1.18% | |
| AGS | A | 0.84% | |
| HAYN | A | 0.77% | |
| PFC | B | 0.65% | |
| GATO | C | 0.41% | |
| CFB | B | 0.4% | |
| PGRU | A | 0.35% | |
| RVNC | F | 0.32% | |
| SRDX | B | 0.27% | |
| BUSE | B | -0.42% | |
| WSBC | B | -0.66% | |
| RNST | B | -1.2% | |
| CDE | C | -1.2% | |
| UMBF | B | -1.28% | |
| AUB | B | -1.5% | |
| BA | D | -1.63% | |
| SSB | B | -2.03% | |
| IP | A | -4.24% | |
| COF | B | -9.37% |
MNA Underweight 94 Positions Relative to XITK
| Symbol | Grade | Weight | |
|---|---|---|---|
| APP | B | -6.06% | |
| NVDA | A | -2.46% | |
| TOST | A | -2.1% | |
| QTWO | A | -2.05% | |
| SPOT | A | -1.92% | |
| PI | D | -1.77% | |
| DOCS | C | -1.69% | |
| MGNI | B | -1.57% | |
| NFLX | A | -1.48% | |
| UPST | B | -1.46% | |
| PAR | A | -1.46% | |
| FTNT | B | -1.44% | |
| TTD | B | -1.42% | |
| SITM | B | -1.41% | |
| DAKT | B | -1.39% | |
| META | C | -1.38% | |
| PEGA | B | -1.34% | |
| DOCU | B | -1.29% | |
| Z | A | -1.28% | |
| CWAN | B | -1.26% | |
| INTA | A | -1.26% | |
| KD | A | -1.22% | |
| MNDY | D | -1.22% | |
| IOT | A | -1.21% | |
| DUOL | A | -1.19% | |
| CYBR | A | -1.19% | |
| AGYS | A | -1.15% | |
| CRWD | B | -1.13% | |
| NCNO | B | -1.1% | |
| TWLO | A | -1.09% | |
| SEIC | B | -1.08% | |
| G | B | -1.05% | |
| VEEV | C | -1.05% | |
| SSNC | C | -1.04% | |
| RBLX | B | -1.03% | |
| KLAC | F | -0.99% | |
| DOCN | D | -0.98% | |
| ARLO | C | -0.97% | |
| CHKP | C | -0.97% | |
| SQ | A | -0.96% | |
| EA | A | -0.95% | |
| VRNS | D | -0.95% | |
| ONTO | F | -0.94% | |
| AEIS | B | -0.93% | |
| DDOG | A | -0.92% | |
| S | C | -0.91% | |
| CTSH | B | -0.91% | |
| OLO | B | -0.9% | |
| AMD | F | -0.86% | |
| UPWK | C | -0.86% | |
| OKTA | D | -0.85% | |
| FVRR | B | -0.85% | |
| ZS | C | -0.84% | |
| MPWR | F | -0.82% | |
| APPN | C | -0.82% | |
| GTLB | B | -0.82% | |
| LSPD | C | -0.82% | |
| GLOB | C | -0.81% | |
| TENB | D | -0.81% | |
| DOX | D | -0.8% | |
| ASGN | F | -0.8% | |
| ALIT | C | -0.79% | |
| DT | D | -0.79% | |
| SPSC | D | -0.78% | |
| PUBM | C | -0.73% | |
| JAMF | F | -0.72% | |
| EPAM | C | -0.72% | |
| PD | C | -0.71% | |
| PINS | F | -0.67% | |
| RAMP | C | -0.66% | |
| GFS | C | -0.65% | |
| QLYS | C | -0.63% | |
| MDB | C | -0.61% | |
| IAS | C | -0.61% | |
| RIOT | C | -0.6% | |
| MXL | C | -0.6% | |
| ASAN | C | -0.58% | |
| ZIP | D | -0.57% | |
| RPD | C | -0.57% | |
| ROKU | D | -0.57% | |
| CALX | F | -0.57% | |
| BRZE | C | -0.54% | |
| ZI | C | -0.54% | |
| TDC | D | -0.54% | |
| SMCI | F | -0.53% | |
| PRO | C | -0.49% | |
| DV | C | -0.48% | |
| U | C | -0.46% | |
| CLVT | D | -0.45% | |
| PATH | C | -0.41% | |
| OPEN | F | -0.39% | |
| CNXC | F | -0.34% | |
| FSLY | F | -0.32% | |
| APPS | F | -0.18% |
MNA: Top Represented Industries & Keywords
Industries:
Banks - Regional - US
Software - Infrastructure
Aerospace & Defense
Communication Equipment
Credit Services
Gambling
Utilities - Regulated Electric
Beverages - Wineries & Distilleries
Biotechnology
Capital Markets
Consumer Electronics
Diagnostics & Research
Diversified Industrials
Drug Manufacturers - Specialty & Generic
Gold
Health Information Services
Medical Devices
Metal Fabrication
Oil & Gas E&P
Other Precious Metals & Mining
Keywords:
Bank
Banking
S&P 500
Deposit Products
Investment Services
Commercial Bank
Commercial Banking
Real Estate Loans
ATM
Computing
Investment Management
Trust Services
Wealth Management
Biopharmaceutical
Casino
Demand Deposit
Individual Retirement Account
Investment Bank
Residential Real Estate Loans
Back Office Systems
XITK: Top Represented Industries & Keywords
Industries:
Software - Application
Software - Infrastructure
Information Technology Services
Semiconductors
Internet Content & Information
Business Services
Electronic Components
Real Estate Services
Semiconductor Equipment & Materials
Advertising Agencies
Asset Management
Capital Markets
Communication Equipment
Computer Hardware
Computer Systems
Conglomerates
Credit Services
Data Storage
Electronic Gaming & Multimedia
Electronic Gaming & Multimedia
Keywords:
Computing
Nasdaq 100
Cloud Computing
S&P 500
Cloud Infrastructure
Mobile Devices
Computer Security
Cybersecurity
IBD 50
Software
Software As A Service
Telecommunications
Artificial Intelligence
Information Technology Management
Semiconductor
Banking
Business Intelligence
Business Process Management
Customer Relationship Management
Integrated Circuits
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