ROKT vs. MNA ETF Comparison
Comparison of SPDR S&P Kensho Final Frontiers ETF (ROKT) to IQ Merger Arbitrage ETF (MNA)
ROKT
SPDR S&P Kensho Final Frontiers ETF
ROKT Description
The SPDR S&P Kensho Final Frontiers ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Final Frontiers Index (the "Index") Seeks to track an index utilizing artificial intelligence and a quantitative weighting methodology to capture companies whose products and services are driving innovation behind the exploration of the final frontiers, which includes the areas of outer space and the deep sea May provide an effective way to pursue long-term growth potential by investing in a portfolio of companies involved in the expansion of human understanding and presence in outer space and in the oceans
Grade (RS Rating)
Last Trade
$41.88
Average Daily Volume
1,332
31
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
$30.87
Average Daily Volume
54,412
33
Performance
| Period | ROKT | MNA |
|---|---|---|
| 30 Days | -3.53% | -1.75% |
| 60 Days | -4.11% | -1.75% |
| 90 Days | -1.38% | -1.41% |
| 12 Months | 3.71% | -1.97% |
0 Overlapping Holdings
| Symbol | Grade | Weight in ROKT | Weight in MNA | Overlap |
|---|
ROKT Overweight 31 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| OII | A | 5.18% | |
| RTX | A | 4.99% | |
| HEI | A | 4.43% | |
| LHX | C | 4.2% | |
| MOG.A | B | 4.19% | |
| LMT | A | 4.1% | |
| TDY | D | 4.05% | |
| HON | D | 4.04% | |
| NOC | D | 3.89% | |
| FTI | A | 3.67% | |
| COHR | D | 3.67% | |
| HXL | F | 3.59% | |
| RKLB | F | 3.42% | |
| TDG | A | 3.24% | |
| APH | A | 3.19% | |
| KBR | A | 3.11% | |
| BWXT | C | 3.07% | |
| BA | F | 3.01% | |
| BALL | A | 2.98% | |
| LDOS | B | 2.95% | |
| GD | A | 2.95% | |
| HII | C | 2.9% | |
| ADI | B | 2.8% | |
| IRDM | D | 2.59% | |
| TTMI | D | 2.37% | |
| SXI | C | 2.23% | |
| SPCE | F | 2.22% | |
| VSAT | F | 1.92% | |
| ESE | D | 1.9% | |
| DCO | A | 1.07% | |
| PL | F | 0.71% |
ROKT Underweight 33 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | A | -7.3% | |
| HES | A | -7.19% | |
| X | D | -6.68% | |
| ANSS | C | -6.66% | |
| DFS | A | -6.41% | |
| ETRN | A | -5.74% | |
| CTLT | C | -5.56% | |
| JNPR | C | -5.02% | |
| CPRI | F | -4.66% | |
| MDC | A | -4.42% | |
| CERE | B | -2.78% | |
| AMED | D | -2.66% | |
| SIX | D | -2.64% | |
| FUSN | A | -2.46% | |
| AXNX | C | -2.37% | |
| DOOR | A | -2.1% | |
| OLK | C | -1.84% | |
| MGRC | C | -1.17% | |
| VZIO | A | -1.11% | |
| SRCL | C | -0.88% | |
| HAYN | A | -0.79% | |
| SP | B | -0.76% | |
| EVBG | A | -0.73% | |
| NS | C | -0.64% | |
| HA | C | -0.62% | |
| INBX | C | -0.6% | |
| NWLI | A | -0.52% | |
| EGLE | B | -0.5% | |
| KAMN | A | -0.48% | |
| NGMS | A | -0.41% | |
| TAST | A | -0.36% | |
| XT | D | --0.24% | |
| XOP | A | --6.53% |
ROKT: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords
Compare ETFs
