RNRG vs. MNA ETF Comparison

Comparison of Global X Renewable Energy Producers ETF (RNRG) to IQ Merger Arbitrage ETF (MNA)

RNRG

Global X Renewable Energy Producers ETF

RNRG Description

The Global X Renewable Energy Producers ETF (RNRG) seeks to invest in companies that produce energy from renewable sources including wind, solar, hydroelectric, geothermal, and biofuels.

Grade (RS Rating)

Last Trade

$9.28

Average Daily Volume

7,216

Number of Holdings ^*

* 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

$32.67

Average Daily Volume

49,530

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RNRG	MNA
30 Days	-8.39%	-0.79%
60 Days	-14.86%	-0.77%
90 Days	-10.85%	0.40%
12 Months	-8.54%	6.83%

1 Overlapping Holdings

	Symbol	Grade	Weight in RNRG	Weight in MNA	Overlap
	AY	A	2.25%	2.08%	2.08%

RNRG Overweight 7 Positions Relative to MNA

Symbol	Grade	Weight
ORA	B	4.25%
CWEN	D	1.93%
RUN	F	1.89%
NEP	F	1.31%
RNW	F	1.17%
RENB	F	0.46%
NOVA	F	0.37%

RNRG Underweight 44 Positions Relative to MNA

Symbol	Grade	Weight
DFS	A	-8.94%
CTLT	C	-5.65%
JNPR	D	-5.04%
HCP	B	-4.32%
FYBR	C	-3.64%
MRO	A	-3.5%
SMAR	A	-3.18%
ALTR	B	-3.09%
BALY	A	-2.77%
ALE	A	-2.67%
INST	B	-2.61%
ENV	B	-2.56%
K	B	-2.44%
AXNX	A	-2.37%
IBTX	A	-2.08%
B	A	-2.05%
RCM	A	-1.99%
SPR	D	-1.99%
INFN	C	-1.72%
NAPA	A	-1.58%
EVRI	A	-1.57%
SASR	A	-1.49%
VZIO	A	-1.33%
HTLF	A	-1.27%
FBMS	A	-1.22%
ZUO	A	-1.17%
AGS	A	-0.83%
HAYN	A	-0.75%
PFC	A	-0.65%
GATO	D	-0.43%
RVNC	F	-0.43%
CFB	B	-0.41%
PGRU	A	-0.35%
SRDX	C	-0.26%
BUSE	A	--0.42%
WSBC	A	--0.66%
CDE	D	--1.15%
RNST	A	--1.23%
UMBF	A	--1.29%
AUB	A	--1.51%
BA	F	--1.69%
SSB	A	--2.1%
IP	A	--4.38%
COF	A	--9.54%