QTEC vs. MNA ETF Comparison

Comparison of First Trust NASDAQ-100- Technology Index Fund (QTEC) to IQ Merger Arbitrage ETF (MNA)
QTEC

First Trust NASDAQ-100- Technology Index Fund

QTEC Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ-100 Technology Sector Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is an equal-weighted index based on the securities of the NASDAQ-100 Index(R) that are classified as "technology" according to the Industry Classification Benchmark classification system. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$190.68

Average Daily Volume

120,105

Number of Holdings *

41

* may have additional holdings in another (foreign) market
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

$31.48

Average Daily Volume

43,948

Number of Holdings *

36

* may have additional holdings in another (foreign) market
Performance
Period QTEC MNA
30 Days 0.63% 0.51%
60 Days 4.72% 0.35%
90 Days 8.67% 0.22%
12 Months 50.91% 1.43%
1 Overlapping Holdings
Symbol Grade Weight in QTEC Weight in MNA Overlap
ANSS B 2.57% 4.45% 2.57%
QTEC Overweight 40 Positions Relative to MNA
Symbol Grade Weight
MU B 2.85%
SNPS C 2.65%
AVGO B 2.64%
CDNS B 2.62%
LRCX B 2.61%
AMAT B 2.57%
ASML C 2.55%
DASH B 2.54%
META B 2.54%
KLAC B 2.53%
CRWD C 2.53%
ADSK C 2.53%
NVDA B 2.52%
INTU C 2.52%
NXPI C 2.51%
CDW A 2.51%
ADBE F 2.51%
WDAY D 2.5%
MSFT A 2.5%
FTNT C 2.49%
PANW D 2.47%
DDOG D 2.47%
ZS D 2.47%
QCOM B 2.47%
TEAM F 2.46%
ROP B 2.46%
GFS F 2.45%
ON D 2.45%
MDB F 2.45%
MCHP C 2.43%
ADI C 2.42%
TXN C 2.42%
INTC D 2.41%
MRVL D 2.41%
AAPL F 2.4%
PDD D 2.39%
CTSH D 2.33%
AMD C 2.26%
GOOGL B 1.27%
GOOG B 1.27%
QTEC Underweight 35 Positions Relative to MNA
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%
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%
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