MNA vs. XLI ETF Comparison

Comparison of IQ Merger Arbitrage ETF (MNA) to SPDR Select Sector Fund - Industrial (XLI)
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

$31.46

Average Daily Volume

41,884

Number of Holdings *

36

* may have additional holdings in another (foreign) market
XLI

SPDR Select Sector Fund - Industrial

XLI Description The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Industrial Select Sector Index. The fund invests at least 95% of its assets in the securities comprising the index. The index includes companies from the following industries: aerospace & defense; industrial conglomerates; machinery; road & rail; air freight & logistics; commercial services & supplies; professional services; electrical equipment; construction & engineering; trading companies & distributors; airlines; and building products. It is non-diversified.

Grade (RS Rating)

Last Trade

$125.94

Average Daily Volume

9,275,381

Number of Holdings *

78

* may have additional holdings in another (foreign) market
Performance
Period MNA XLI
30 Days 0.45% 5.24%
60 Days 0.29% 11.37%
90 Days 0.00% 10.69%
12 Months 1.72% 30.37%
0 Overlapping Holdings
Symbol Grade Weight in MNA Weight in XLI Overlap
MNA Overweight 36 Positions Relative to XLI
Symbol Grade Weight
WRK B 6.73%
PXD A 6.27%
HES C 6.12%
X D 5.06%
SHV A 4.8%
CPRI F 4.53%
BIL B 4.52%
ANSS B 4.45%
DFS B 4.07%
MDC A 3.18%
JNPR C 3.06%
CTLT C 2.59%
AMED F 2.49%
SIX C 2.46%
CERE B 2.16%
CBAY A 1.91%
OLK C 1.81%
DOOR A 1.79%
WH D 1.61%
AXNX B 1.38%
CPE C 1.05%
PGTI A 0.73%
SP B 0.71%
EVBG B 0.69%
VZIO C 0.67%
NS B 0.63%
HA D 0.58%
INBX D 0.5%
NWLI A 0.49%
EGLE A 0.48%
KAMN A 0.45%
DSKE A 0.41%
NGMS B 0.38%
CATC C 0.34%
MGRC D 0.3%
XOP B -1.26%
MNA Underweight 78 Positions Relative to XLI
Symbol Grade Weight
GE B -4.96%
CAT B -4.79%
UBER B -4.26%
UNP D -3.9%
HON B -3.42%
ETN A -3.25%
RTX C -3.23%
UPS D -2.9%
BA F -2.78%
DE C -2.67%
ADP B -2.64%
LMT C -2.46%
WM A -2.01%
CSX C -1.93%
ITW B -1.9%
PH B -1.86%
TT B -1.78%
TDG A -1.77%
NOC B -1.7%
PCAR B -1.68%
EMR A -1.66%
GD B -1.65%
FDX B -1.57%
MMM B -1.54%
NSC C -1.5%
CTAS B -1.43%
CPRT A -1.29%
CARR C -1.29%
URI B -1.25%
GWW A -1.17%
FAST B -1.16%
JCI C -1.14%
AME B -1.1%
CMI B -1.06%
OTIS B -1.05%
LHX C -1.04%
ODFL B -1.03%
PAYX D -1.01%
RSG B -1.0%
IR A -0.99%
PWR A -0.96%
VRSK F -0.88%
ROK D -0.86%
EFX B -0.85%
XYL B -0.81%
FTV B -0.78%
DAL C -0.76%
HWM B -0.68%
WAB B -0.67%
BLDR B -0.67%
DOV B -0.64%
BR B -0.63%
HUBB A -0.57%
AXON B -0.57%
VLTO B -0.51%
J B -0.49%
IEX B -0.48%
TXT A -0.48%
LDOS A -0.46%
MAS B -0.45%
EXPD D -0.45%
LUV F -0.44%
JBHT D -0.41%
SNA B -0.4%
UAL C -0.39%
NDSN B -0.38%
SWK C -0.38%
PNR B -0.36%
ROL B -0.34%
ALLE B -0.31%
HII B -0.3%
AOS A -0.28%
DAY C -0.28%
AAL D -0.25%
PAYC D -0.24%
RHI D -0.22%
CHRW F -0.22%
GNRC F -0.19%
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