MNA vs. XSW ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to SPDR S&P Software & Services ETF (XSW)
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
$32.80
Average Daily Volume
49,131
44
XSW
SPDR S&P Software & Services ETF
XSW 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 computer software segment of a U.S. total market composite index. In seeking to track the performance of the S&P Software & 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 software and services industry group of the S&P Total Stock Market Index ("S&P TMI"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$194.96
Average Daily Volume
13,855
133
Performance
Period | MNA | XSW |
---|---|---|
30 Days | -0.18% | 19.12% |
60 Days | -0.27% | 22.87% |
90 Days | 0.61% | 24.41% |
12 Months | 6.73% | 45.80% |
MNA Overweight 39 Positions Relative to XSW
Symbol | Grade | Weight | |
---|---|---|---|
DFS | B | 8.65% | |
CTLT | B | 5.63% | |
JNPR | F | 4.99% | |
FYBR | D | 3.64% | |
MRO | B | 3.51% | |
BALY | C | 2.82% | |
ALE | A | 2.69% | |
K | A | 2.47% | |
AXNX | C | 2.39% | |
AY | B | 2.1% | |
B | B | 2.08% | |
IBTX | B | 2.04% | |
RCM | F | 2.01% | |
SPR | D | 1.97% | |
INFN | C | 1.72% | |
NAPA | B | 1.6% | |
EVRI | A | 1.59% | |
SASR | B | 1.5% | |
VZIO | A | 1.31% | |
HTLF | B | 1.25% | |
FBMS | B | 1.19% | |
AGS | A | 0.84% | |
HAYN | C | 0.77% | |
PFC | A | 0.65% | |
GATO | D | 0.41% | |
CFB | B | 0.4% | |
PGRU | A | 0.35% | |
RVNC | F | 0.32% | |
SRDX | B | 0.27% | |
BUSE | B | -0.42% | |
WSBC | A | -0.66% | |
RNST | B | -1.2% | |
CDE | D | -1.2% | |
UMBF | B | -1.28% | |
AUB | B | -1.5% | |
BA | F | -1.63% | |
SSB | B | -2.03% | |
IP | B | -4.24% | |
COF | B | -9.37% |
MNA Underweight 128 Positions Relative to XSW
Symbol | Grade | Weight | |
---|---|---|---|
APP | B | -1.52% | |
MSTR | C | -1.39% | |
CIFR | B | -1.29% | |
RIOT | C | -1.06% | |
NNBR | C | -1.04% | |
BILL | A | -1.04% | |
WULF | C | -1.04% | |
PLTR | B | -1.02% | |
CLSK | C | -0.96% | |
TEAM | A | -0.93% | |
RBRK | A | -0.88% | |
FRSH | C | -0.88% | |
CFLT | B | -0.87% | |
DOCU | A | -0.87% | |
HUBS | A | -0.86% | |
NCNO | B | -0.85% | |
FIVN | C | -0.85% | |
VERX | B | -0.84% | |
QTWO | A | -0.83% | |
PEGA | A | -0.81% | |
CRM | B | -0.81% | |
CRWD | B | -0.81% | |
MARA | C | -0.81% | |
IDCC | A | -0.81% | |
PRO | C | -0.79% | |
RNG | B | -0.78% | |
SOUN | C | -0.78% | |
FTNT | C | -0.78% | |
INTA | A | -0.77% | |
ZM | B | -0.76% | |
OLO | B | -0.76% | |
CWAN | B | -0.76% | |
WK | B | -0.76% | |
PCOR | B | -0.76% | |
BL | B | -0.75% | |
KD | B | -0.75% | |
ALKT | B | -0.75% | |
FICO | B | -0.75% | |
AGYS | A | -0.74% | |
EPAM | C | -0.74% | |
ZS | C | -0.74% | |
NTNX | A | -0.73% | |
ASAN | C | -0.73% | |
APPN | B | -0.73% | |
RPD | C | -0.73% | |
ATEN | B | -0.73% | |
S | B | -0.73% | |
CVLT | B | -0.72% | |
TTWO | A | -0.72% | |
ESTC | C | -0.72% | |
QLYS | C | -0.72% | |
PRGS | A | -0.71% | |
DDOG | A | -0.71% | |
AI | B | -0.71% | |
DJCO | B | -0.71% | |
ADSK | A | -0.71% | |
NOW | A | -0.71% | |
RBLX | C | -0.7% | |
PANW | C | -0.7% | |
DV | C | -0.7% | |
ACIW | B | -0.7% | |
ORCL | B | -0.7% | |
GWRE | A | -0.69% | |
GEN | B | -0.69% | |
PD | C | -0.68% | |
DBX | B | -0.68% | |
SNPS | B | -0.68% | |
CDNS | B | -0.68% | |
VYX | B | -0.67% | |
IOT | A | -0.67% | |
BLND | B | -0.67% | |
EA | A | -0.67% | |
MITK | C | -0.67% | |
GTLB | B | -0.67% | |
PLTK | B | -0.67% | |
PTC | A | -0.67% | |
SWI | B | -0.66% | |
RAMP | C | -0.66% | |
ALRM | C | -0.66% | |
WDAY | B | -0.66% | |
INTU | C | -0.65% | |
ANSS | B | -0.65% | |
IT | C | -0.65% | |
PATH | C | -0.65% | |
MANH | D | -0.65% | |
DT | C | -0.64% | |
TENB | C | -0.64% | |
ACN | C | -0.64% | |
TYL | B | -0.64% | |
CTSH | B | -0.64% | |
BOX | B | -0.63% | |
BRZE | C | -0.63% | |
SPT | C | -0.63% | |
TDC | D | -0.63% | |
AUR | C | -0.63% | |
OSPN | A | -0.63% | |
DXC | B | -0.63% | |
DLB | B | -0.62% | |
YEXT | A | -0.62% | |
ASGN | F | -0.62% | |
ROP | B | -0.62% | |
APPF | B | -0.62% | |
QXO | D | -0.62% | |
CXM | C | -0.61% | |
GDYN | B | -0.61% | |
BLKB | B | -0.61% | |
SEMR | B | -0.61% | |
ADBE | C | -0.6% | |
INFA | D | -0.6% | |
VRNT | C | -0.59% | |
MLNK | B | -0.59% | |
BSY | D | -0.59% | |
IBM | C | -0.59% | |
MSFT | F | -0.59% | |
VRNS | D | -0.59% | |
U | C | -0.58% | |
SPSC | C | -0.58% | |
IBUY | A | -0.55% | |
NABL | F | -0.53% | |
JAMF | F | -0.52% | |
YOU | D | -0.52% | |
WEAV | B | -0.46% | |
ETWO | F | -0.44% | |
CCSI | C | -0.4% | |
HCKT | B | -0.4% | |
ZETA | D | -0.39% | |
DMRC | C | -0.39% | |
LGTY | D | -0.26% |
MNA: Top Represented Industries & Keywords
XSW: Top Represented Industries & Keywords