SIMS vs. MNA ETF Comparison
Comparison of SPDR S&P Kensho Intelligent Structures ETF (SIMS) to IQ Merger Arbitrage ETF (MNA)
SIMS
SPDR S&P Kensho Intelligent Structures ETF
SIMS Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Intelligent Infrastructure Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is comprised of U.S.-listed equity securities (including depositary receipts) of companies domiciled across developed and emerging markets worldwide which are included in the Intelligent Infrastructure sector as determined by a classification standard produced by the index provider. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$32.72
Average Daily Volume
4,991
43
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
$30.93
Average Daily Volume
56,316
29
Performance
| Period | SIMS | MNA |
|---|---|---|
| 30 Days | -4.82% | -1.68% |
| 60 Days | -4.95% | -1.56% |
| 90 Days | 1.39% | -0.45% |
| 12 Months | 3.27% | -1.13% |
1 Overlapping Holdings
| Symbol | Grade | Weight in SIMS | Weight in MNA | Overlap | |
|---|---|---|---|---|---|
| DOOR | A | 2.38% | 2.15% | 2.15% |
SIMS Overweight 42 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| ITRI | B | 3.49% | |
| AYI | D | 3.48% | |
| PSN | D | 3.23% | |
| XYL | A | 3.19% | |
| BMI | A | 3.16% | |
| PNR | C | 3.07% | |
| TTEK | A | 3.03% | |
| JCI | B | 3.02% | |
| ALRM | C | 3.0% | |
| REZI | D | 2.99% | |
| CARR | A | 2.92% | |
| GNRC | B | 2.91% | |
| SLAB | F | 2.8% | |
| ADTN | F | 2.67% | |
| AY | A | 2.55% | |
| CNM | A | 2.53% | |
| HON | C | 2.49% | |
| QCOM | C | 2.09% | |
| EMR | C | 2.06% | |
| GTLS | D | 2.02% | |
| ERII | D | 2.02% | |
| BLNK | F | 1.99% | |
| MWA | A | 1.94% | |
| BE | B | 1.91% | |
| BP | A | 1.86% | |
| AME | C | 1.86% | |
| TEL | C | 1.76% | |
| ROP | D | 1.62% | |
| SHLS | F | 1.6% | |
| CHPT | F | 1.58% | |
| NVEE | F | 1.54% | |
| ON | D | 1.52% | |
| LOGI | D | 1.51% | |
| STEM | F | 1.5% | |
| BIDU | C | 1.46% | |
| STM | F | 1.43% | |
| CWCO | D | 0.96% | |
| ROKU | F | 0.9% | |
| MVIS | F | 0.57% | |
| REKR | F | 0.46% | |
| WBX | D | 0.28% | |
| LUNA | F | 0.09% |
SIMS Underweight 28 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | A | -7.57% | |
| HES | A | -7.48% | |
| DFS | B | -6.7% | |
| ANSS | D | -6.47% | |
| ETRN | B | -6.26% | |
| X | F | -6.13% | |
| CTLT | C | -5.59% | |
| JNPR | C | -4.87% | |
| CPRI | F | -3.83% | |
| CERE | A | -2.81% | |
| AMED | D | -2.66% | |
| SIX | D | -2.51% | |
| FUSN | A | -2.5% | |
| AXNX | B | -2.37% | |
| OLK | C | -1.81% | |
| VZIO | C | -1.12% | |
| MGRC | D | -1.07% | |
| SRCL | F | -0.87% | |
| HAYN | A | -0.8% | |
| SP | A | -0.76% | |
| EVBG | A | -0.75% | |
| NS | C | -0.65% | |
| INBX | C | -0.61% | |
| HA | C | -0.59% | |
| NWLI | A | -0.53% | |
| TAST | A | -0.37% | |
| XT | D | --0.24% | |
| XOP | B | --6.52% |
SIMS: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords
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