BPAY vs. MNA ETF Comparison
Comparison of BlackRock Future Financial and Technology ETF (BPAY) to IQ Merger Arbitrage ETF (MNA)
BPAY
BlackRock Future Financial and Technology ETF
BPAY Description
The BlackRock Future Financial Technology ETF seeks to maximize total return by investing in the companies delivering innovative and emerging technologies used in the financial services industry.
Grade (RS Rating)
Last Trade
$23.72
Average Daily Volume
207
Number of Holdings
*
8
* 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
$31.76
Average Daily Volume
39,461
Number of Holdings
*
44
* may have additional holdings in another (foreign) market
Performance
| Period | BPAY | MNA |
|---|---|---|
| 30 Days | -0.24% | 1.42% |
| 60 Days | -1.68% | 1.91% |
| 90 Days | -3.53% | 1.68% |
| 12 Months | 17.29% | 3.17% |
1 Overlapping Holdings
| Symbol | Grade | Weight in BPAY | Weight in MNA | Overlap | |
|---|---|---|---|---|---|
| DFS | B | 5.02% | 6.57% | 5.02% |
BPAY Underweight 43 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| ANSS | C | -6.39% | |
| X | C | -6.29% | |
| ETRN | D | -6.21% | |
| CTLT | B | -5.66% | |
| JNPR | B | -4.93% | |
| HCP | A | -4.54% | |
| MRO | B | -3.35% | |
| AIRC | A | -2.85% | |
| SWN | D | -2.77% | |
| CERE | C | -2.65% | |
| ALE | C | -2.58% | |
| AXNX | B | -2.42% | |
| HIBB | A | -2.38% | |
| CHX | C | -2.13% | |
| OLK | A | -2.06% | |
| WIRE | A | -2.01% | |
| PRFT | B | -1.99% | |
| IBTX | B | -1.47% | |
| VZIO | B | -1.15% | |
| MGRC | D | -1.14% | |
| SRCL | B | -0.89% | |
| AGS | B | -0.79% | |
| HAYN | C | -0.78% | |
| EVBG | B | -0.78% | |
| OSG | A | -0.74% | |
| AMK | B | -0.72% | |
| HA | C | -0.64% | |
| NWLI | A | -0.6% | |
| SLCA | B | -0.49% | |
| MODN | B | -0.44% | |
| HTLF | B | -0.35% | |
| SRDX | A | -0.31% | |
| FA | C | --0.26% | |
| UMBF | C | --0.36% | |
| WSC | F | --0.46% | |
| AA | B | --0.89% | |
| SSB | D | --1.49% | |
| SLB | D | --2.22% | |
| CHK | D | --2.94% | |
| IP | C | --3.74% | |
| SNPS | B | --4.1% | |
| EQT | D | --6.21% | |
| COF | D | --7.29% |
BPAY: Top Represented Industries & Keywords
Industries:
Business Services
Credit Services
Capital Markets
Software - Infrastructure
Keywords:
S&P 500
Payment Systems
Credit Card
Debit Card
E-Commerce
Payment Card
Payment Solutions
Transaction Processing
Transaction Processing Services
Bank
Banking
Card Products
Deposit Products
Electronic Funds Transfer
Electronic Funds Transfer Network
Global Payments
Payment Processing
ATM
Bank Account
Banking Bpo Services
MNA: Top Represented Industries & Keywords
Industries:
Banks - Regional - US
Oil & Gas E&P
Software - Application
Credit Services
Diagnostics & Research
Oil & Gas Equipment & Services
Rental & Leasing Services
Airlines
Aluminum
Asset Management
Biotechnology
Communication Equipment
Consumer Electronics
Drug Manufacturers - Specialty & Generic
Electronic Components
Gambling
Industrial Metals & Minerals
Information Technology Services
Insurance - Life
Medical Devices
Keywords:
S&P 500
Bank
Computing
Banking
Natural Gas
Petroleum Industry
Wealth Management
Biopharmaceutical
Business Process Management
Commercial Bank
Commercial Banking
Deposit Products
Electronics
Gas Gathering
Information Technology Management
Investment Services
Oil And Gas
ATM
Aerospace
Alloys
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