NETL vs. MNA ETF Comparison
Comparison of NETLease Corporate Real Estate ETF (NETL) to IQ Merger Arbitrage ETF (MNA)
NETL
NETLease Corporate Real Estate ETF
NETL Description
The investment seeks to track the performance, before fees and expenses, of the Fundamental Income Net Lease Real Estate Index. The index is generally composed of the U.S.-listed equity securities of companies that derive at least 85% of their earnings or revenues from real estate operations in the net lease real estate sector ("Eligible Companies"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. It is non-diversified.
Grade (RS Rating)
Last Trade
$22.54
Average Daily Volume
13,978
20
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
$30.77
Average Daily Volume
52,500
32
Performance
| Period | NETL | MNA |
|---|---|---|
| 30 Days | -0.83% | -1.88% |
| 60 Days | -0.56% | -1.60% |
| 90 Days | -3.50% | -1.88% |
| 12 Months | -0.51% | -1.61% |
0 Overlapping Holdings
| Symbol | Grade | Weight in NETL | Weight in MNA | Overlap |
|---|
NETL Overweight 20 Positions Relative to MNA
NETL Underweight 32 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | A | -7.33% | |
| HES | A | -7.07% | |
| X | F | -6.79% | |
| ANSS | C | -6.42% | |
| DFS | A | -6.26% | |
| ETRN | A | -5.74% | |
| CTLT | D | -5.56% | |
| JNPR | D | -4.99% | |
| MDC | A | -4.46% | |
| CPRI | F | -4.23% | |
| CERE | C | -2.78% | |
| AMED | D | -2.65% | |
| SIX | F | -2.49% | |
| FUSN | A | -2.47% | |
| AXNX | C | -2.38% | |
| DOOR | A | -2.12% | |
| OLK | D | -1.82% | |
| MGRC | D | -1.11% | |
| VZIO | C | -1.1% | |
| SRCL | C | -0.86% | |
| HAYN | A | -0.8% | |
| SP | C | -0.76% | |
| EVBG | A | -0.74% | |
| HA | D | -0.63% | |
| INBX | D | -0.61% | |
| NS | C | -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% |
NETL: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords
Compare ETFs
