MNA vs. XPH ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to SPDR S&P Pharmaceuticals ETF (XPH)
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
$30.95
Average Daily Volume
56,445
29
XPH
SPDR S&P Pharmaceuticals ETF
XPH 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 pharmaceuticals segment of a U.S. total market composite index. In seeking to track the performance of the S&P Pharmaceuticals 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 pharmaceuticals industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$40.35
Average Daily Volume
34,550
40
Performance
| Period | MNA | XPH |
|---|---|---|
| 30 Days | -1.78% | -7.74% |
| 60 Days | -1.59% | -10.50% |
| 90 Days | -0.80% | -4.88% |
| 12 Months | -1.37% | -4.85% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MNA | Weight in XPH | Overlap | |
|---|---|---|---|---|---|
| CTLT | C | 5.59% | 4.86% | 4.86% |
MNA Overweight 28 Positions Relative to XPH
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | A | 7.57% | |
| HES | A | 7.48% | |
| DFS | A | 6.7% | |
| ANSS | C | 6.47% | |
| ETRN | A | 6.26% | |
| X | F | 6.13% | |
| JNPR | C | 4.87% | |
| CPRI | F | 3.83% | |
| CERE | A | 2.81% | |
| AMED | D | 2.66% | |
| SIX | D | 2.51% | |
| FUSN | A | 2.5% | |
| AXNX | C | 2.37% | |
| DOOR | A | 2.15% | |
| OLK | C | 1.81% | |
| VZIO | C | 1.12% | |
| MGRC | D | 1.07% | |
| SRCL | D | 0.87% | |
| HAYN | A | 0.8% | |
| SP | B | 0.76% | |
| EVBG | A | 0.75% | |
| NS | C | 0.65% | |
| INBX | D | 0.61% | |
| HA | C | 0.59% | |
| NWLI | A | 0.53% | |
| TAST | A | 0.37% | |
| XT | D | -0.24% | |
| XOP | A | -6.52% |
MNA Underweight 39 Positions Relative to XPH
| Symbol | Grade | Weight | |
|---|---|---|---|
| ITCI | B | -5.38% | |
| MRK | A | -5.04% | |
| OGN | A | -4.92% | |
| PRGO | A | -4.87% | |
| AXSM | D | -4.85% | |
| LLY | B | -4.8% | |
| PFE | F | -4.74% | |
| JNJ | F | -4.6% | |
| JAZZ | F | -4.58% | |
| VTRS | C | -4.54% | |
| RPRX | D | -4.49% | |
| BMY | F | -4.47% | |
| ZTS | D | -4.03% | |
| ELAN | D | -4.01% | |
| CORT | D | -3.46% | |
| ARVN | D | -2.66% | |
| AMPH | D | -2.14% | |
| EYPT | C | -2.06% | |
| SAVA | B | -1.98% | |
| TARS | D | -1.78% | |
| PBH | B | -1.48% | |
| PCRX | F | -1.27% | |
| LBPH | B | -1.25% | |
| HRMY | D | -1.16% | |
| COLL | C | -1.13% | |
| INVA | A | -1.07% | |
| LQDA | D | -1.03% | |
| SUPN | C | -0.9% | |
| LGND | D | -0.8% | |
| AMRX | B | -0.79% | |
| ANIP | B | -0.65% | |
| PLRX | F | -0.61% | |
| RVNC | F | -0.61% | |
| EOLS | C | -0.47% | |
| TBPH | F | -0.39% | |
| OCUL | F | -0.38% | |
| XERS | F | -0.36% | |
| FULC | D | -0.29% | |
| MRNS | F | -0.07% |
MNA: Top Represented Industries & Keywords
XPH: Top Represented Industries & Keywords
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