HELX vs. MNA ETF Comparison
Comparison of Franklin Genomic Advancements ETF (HELX) to IQ Merger Arbitrage ETF (MNA)
HELX
Franklin Genomic Advancements ETF
HELX Description
Seeks capital appreciation by investing in innovative companies related to genomic-based technologies designed to enhance the quality of life. Provides access to companies benefitting from or facilitating the use of new research including DNA sequencing, gene editing and personalized medicine Uses bottom-up fundamental research conducted by dedicated, industry-specific analysts to identify disruptive business models at the right stage for investment Actively managed by a seasoned portfolio management team that is based in Silicon Valley and has a long history of investing in the craft of innovation
Grade (RS Rating)
Last Trade
$31.80
Average Daily Volume
1,781
49
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
6
Performance
| Period | HELX | MNA |
|---|---|---|
| 30 Days | -1.61% | 0.70% |
| 60 Days | -0.32% | 2.68% |
| 90 Days | 0.68% | 3.67% |
| 12 Months | 13.19% | 6.07% |
0 Overlapping Holdings
| Symbol | Grade | Weight in HELX | Weight in MNA | Overlap |
|---|
HELX Overweight 49 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| MEDP | F | 5.6% | |
| VRTX | D | 5.35% | |
| DHR | D | 5.34% | |
| REGN | D | 5.19% | |
| TMO | D | 5.09% | |
| LLY | D | 4.9% | |
| KRYS | D | 4.27% | |
| NTRA | A | 3.82% | |
| AZN | D | 2.67% | |
| BRKR | D | 2.32% | |
| CTVA | A | 2.22% | |
| A | B | 2.21% | |
| IONS | F | 2.18% | |
| INSM | D | 2.06% | |
| CDNS | D | 2.05% | |
| CRL | F | 1.95% | |
| QGEN | F | 1.94% | |
| BNTX | B | 1.89% | |
| ALNY | C | 1.83% | |
| UTHR | C | 1.77% | |
| EXAS | C | 1.68% | |
| ICLR | F | 1.6% | |
| SRPT | F | 1.56% | |
| RCKT | F | 1.49% | |
| RARE | D | 1.41% | |
| TWST | D | 1.26% | |
| IQV | F | 1.13% | |
| TECH | D | 1.01% | |
| AZTA | F | 0.96% | |
| MRNA | F | 0.92% | |
| CDMO | D | 0.88% | |
| BEAM | F | 0.88% | |
| BBIO | F | 0.86% | |
| NBIX | F | 0.82% | |
| LGND | C | 0.82% | |
| NTLA | F | 0.81% | |
| VYGR | D | 0.81% | |
| CRSP | F | 0.63% | |
| RXRX | F | 0.62% | |
| FDMT | F | 0.57% | |
| RGEN | F | 0.56% | |
| AVTR | D | 0.52% | |
| BIO | B | 0.51% | |
| BMY | A | 0.29% | |
| SLP | F | 0.28% | |
| VCYT | C | 0.24% | |
| BMRN | F | 0.21% | |
| DVAX | F | 0.19% | |
| ARE | D | 0.16% |
HELX: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords
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