OCFS vs. MNA ETF Comparison
Comparison of Professionally Managed Portfolios Otter Creek Focus Strategy ETF (OCFS) to IQ Merger Arbitrage ETF (MNA)
OCFS
Professionally Managed Portfolios Otter Creek Focus Strategy ETF
OCFS Description
The fund is an actively-managed ETF that invests in U.S.-listed equity securities of small- and mid-capitalization companies. The fund invests primarily in publicly traded stocks of U.S. companies which the Advisor considers to have a small to mid-size market capitalization. The fund may invest up to 20% of its total assets in U.S. dollar denominated foreign equity securities, including through American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") issued by U.S. depository banks, which are traded on U.S. exchanges.
Grade (RS Rating)
Last Trade
$27.89
Average Daily Volume
1,062
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
$32.79
Average Daily Volume
51,086
45
Performance
| Period | OCFS | MNA |
|---|---|---|
| 30 Days | -0.83% | -0.27% |
| 60 Days | 7.73% | -0.24% |
| 90 Days | 12.23% | 0.83% |
| 12 Months | 6.63% |
0 Overlapping Holdings
| Symbol | Grade | Weight in OCFS | Weight in MNA | Overlap |
|---|
OCFS Overweight 20 Positions Relative to MNA
OCFS Underweight 45 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| DFS | B | -8.94% | |
| CTLT | D | -5.65% | |
| JNPR | D | -5.04% | |
| HCP | A | -4.32% | |
| FYBR | D | -3.64% | |
| MRO | B | -3.5% | |
| SMAR | A | -3.18% | |
| ALTR | C | -3.09% | |
| BALY | A | -2.77% | |
| ALE | A | -2.67% | |
| INST | C | -2.61% | |
| ENV | B | -2.56% | |
| K | A | -2.44% | |
| AXNX | A | -2.37% | |
| AY | A | -2.08% | |
| IBTX | B | -2.08% | |
| B | A | -2.05% | |
| RCM | B | -1.99% | |
| SPR | F | -1.99% | |
| INFN | C | -1.72% | |
| NAPA | A | -1.58% | |
| EVRI | A | -1.57% | |
| SASR | A | -1.49% | |
| VZIO | D | -1.33% | |
| HTLF | B | -1.27% | |
| FBMS | B | -1.22% | |
| ZUO | B | -1.17% | |
| AGS | A | -0.83% | |
| HAYN | A | -0.75% | |
| PFC | B | -0.65% | |
| GATO | C | -0.43% | |
| RVNC | F | -0.43% | |
| CFB | B | -0.41% | |
| PGRU | A | -0.35% | |
| SRDX | C | -0.26% | |
| BUSE | B | --0.42% | |
| WSBC | B | --0.66% | |
| CDE | D | --1.15% | |
| RNST | B | --1.23% | |
| UMBF | B | --1.29% | |
| AUB | B | --1.51% | |
| BA | F | --1.69% | |
| SSB | B | --2.1% | |
| IP | C | --4.38% | |
| COF | B | --9.54% |
OCFS: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords
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