SUPP vs. MNA ETF Comparison
Comparison of Engine No. 1 ETF Trust Engine No. 1 Transform Supply Chain ETF (SUPP) to IQ Merger Arbitrage ETF (MNA)
SUPP
Engine No. 1 ETF Trust Engine No. 1 Transform Supply Chain ETF
SUPP Description
The fund is an actively managed exchange-traded fund ("ETF") that invests in U.S.-listed equity, ADR securities, and non-U.S. developed and emerging market-listed securities, which over time may vary as market and investment opportunities change. The fund may also enter into currency-related spot transactions when it transacts in equities denominated in foreign currencies or invest in certain derivative instruments, such as currency futures or forwards that will help the adviser manage risk associated with foreign currency exposure, if any, or futures contracts. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$61.43
Average Daily Volume
1,176
10
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
$30.84
Average Daily Volume
54,250
32
Performance
| Period | SUPP | MNA |
|---|---|---|
| 30 Days | -6.06% | -1.88% |
| 60 Days | -0.93% | -1.85% |
| 90 Days | 7.90% | -1.50% |
| 12 Months | 28.82% | -1.84% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SUPP | Weight in MNA | Overlap |
|---|
SUPP Underweight 32 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | A | -7.33% | |
| HES | A | -7.07% | |
| X | D | -6.79% | |
| ANSS | C | -6.42% | |
| DFS | A | -6.26% | |
| ETRN | A | -5.74% | |
| CTLT | C | -5.56% | |
| JNPR | C | -4.99% | |
| MDC | A | -4.46% | |
| CPRI | F | -4.23% | |
| CERE | B | -2.78% | |
| AMED | D | -2.65% | |
| SIX | D | -2.49% | |
| FUSN | A | -2.47% | |
| AXNX | C | -2.38% | |
| DOOR | A | -2.12% | |
| OLK | D | -1.82% | |
| MGRC | D | -1.11% | |
| VZIO | A | -1.1% | |
| SRCL | B | -0.86% | |
| HAYN | A | -0.8% | |
| SP | B | -0.76% | |
| EVBG | A | -0.74% | |
| HA | C | -0.63% | |
| INBX | C | -0.61% | |
| NS | B | -0.59% | |
| NWLI | A | -0.52% | |
| KAMN | A | -0.49% | |
| NGMS | A | -0.42% | |
| TAST | A | -0.37% | |
| XT | D | --0.24% | |
| XOP | A | --6.49% |
SUPP: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords
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