FINX vs. MNA ETF Comparison

Comparison of Global X FinTech Thematic ETF (FINX) to IQ Merger Arbitrage ETF (MNA)
FINX

Global X FinTech Thematic ETF

FINX Description

The Global X FinTech Thematic ETF (FINX) seeks to invest in companies on the leading edge of the emerging financial technology sector, which encompasses a range of innovations helping to transform established industries like insurance, investing, fundraising, and third-party lending through unique mobile and digital solutions

Grade (RS Rating)

Last Trade

$27.92

Average Daily Volume

63,870

Number of Holdings *

42

* 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

$32.93

Average Daily Volume

62,649

Number of Holdings *

6

* may have additional holdings in another (foreign) market
Performance
Period FINX MNA
30 Days 4.57% 0.70%
60 Days 16.09% 2.68%
90 Days 9.79% 3.67%
12 Months 42.43% 6.07%
0 Overlapping Holdings
Symbol Grade Weight in FINX Weight in MNA Overlap
FINX Overweight 42 Positions Relative to MNA
Symbol Grade Weight
PYPL A 7.57%
FI A 7.17%
FIS A 7.13%
INTU F 5.39%
SSNC C 5.01%
SQ D 4.89%
XRX D 4.29%
GWRE A 4.08%
JKHY A 3.6%
COIN F 3.59%
GPN F 3.43%
TOST B 3.37%
AFRM C 2.74%
SOFI C 2.05%
HQY B 1.89%
ACIW A 1.51%
BILL D 1.48%
FOUR A 1.38%
NCNO F 0.97%
ENV C 0.94%
MARA F 0.92%
UPST C 0.9%
STNE F 0.85%
PAYO A 0.76%
VIRT B 0.75%
VERX B 0.64%
SPNS B 0.55%
FLYW F 0.52%
PAGS F 0.47%
MLNK F 0.42%
RIOT F 0.4%
DLO D 0.36%
LC D 0.34%
LMND F 0.31%
CIFR C 0.25%
BLND C 0.23%
TREE C 0.2%
LPRO D 0.19%
CTLP B 0.16%
IIIV D 0.13%
PAY D 0.12%
MITK F 0.11%
FINX Underweight 6 Positions Relative to MNA
Symbol Grade Weight
COF A -7.41%
DFS A -6.86%
CTLT A -5.8%
JNPR C -5.07%
HCP A -4.34%
IP C -3.67%
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