IBRN vs. MNA ETF Comparison
Comparison of iShares Neuroscience and Healthcare ETF (IBRN) to IQ Merger Arbitrage ETF (MNA)
IBRN
iShares Neuroscience and Healthcare ETF
IBRN Description
iShares Neuroscience and Healthcare ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in public equity markets of global region. It invests in stocks of companies operating across neurology biopharmaceuticals or neurological devices sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the NYSE FactSet Global Neuro Biopharma and MedTech Index, by using representative sampling technique. iShares Neuroscience and Healthcare ETF is domiciled in the United States.
Grade (RS Rating)
Last Trade
$23.36
Average Daily Volume
581
46
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
$31.69
Average Daily Volume
42,179
44
Performance
Period | IBRN | MNA |
---|---|---|
30 Days | -1.61% | 1.25% |
60 Days | -3.29% | 2.01% |
90 Days | -5.09% | 1.28% |
12 Months | -3.08% | 2.99% |
IBRN Overweight 44 Positions Relative to MNA
Symbol | Grade | Weight | |
---|---|---|---|
SRPT | C | 5.03% | |
ARGX | B | 4.65% | |
DYN | C | 4.5% | |
ACAD | D | 4.32% | |
BHVN | F | 4.1% | |
ITCI | C | 4.07% | |
BIIB | C | 3.99% | |
ALKS | D | 3.99% | |
NBIX | C | 3.91% | |
XENE | F | 3.9% | |
PTCT | D | 3.73% | |
IART | C | 3.67% | |
CPRX | D | 3.13% | |
SUPN | F | 2.9% | |
AVDL | D | 2.68% | |
EWTX | C | 2.35% | |
PRTA | F | 1.95% | |
SAVA | F | 1.73% | |
LBPH | B | 1.51% | |
SRRK | F | 1.1% | |
DNTH | B | 1.04% | |
NMRA | D | 1.02% | |
WVE | D | 0.99% | |
PEPG | C | 0.87% | |
AVXL | C | 0.72% | |
VYGR | F | 0.72% | |
ANNX | D | 0.71% | |
ALEC | F | 0.7% | |
VNDA | C | 0.66% | |
AXGN | B | 0.61% | |
NVRO | F | 0.59% | |
LRMR | D | 0.56% | |
TRDA | F | 0.53% | |
ANRO | D | 0.48% | |
SLDB | F | 0.36% | |
ABEO | C | 0.33% | |
KYTX | F | 0.29% | |
CAPR | D | 0.28% | |
CVRX | C | 0.26% | |
ABOS | F | 0.21% | |
NPCE | F | 0.2% | |
ATHA | C | 0.19% | |
AMLX | F | 0.18% | |
VTGN | F | 0.17% |
IBRN Underweight 42 Positions Relative to MNA
Symbol | Grade | Weight | |
---|---|---|---|
DFS | A | -6.57% | |
ANSS | C | -6.39% | |
X | D | -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 | C | -2.77% | |
ALE | C | -2.58% | |
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 | F | -1.14% | |
SRCL | A | -0.89% | |
AGS | B | -0.79% | |
HAYN | C | -0.78% | |
EVBG | B | -0.78% | |
OSG | A | -0.74% | |
AMK | B | -0.72% | |
HA | D | -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 | B | --0.36% | |
WSC | F | --0.46% | |
AA | B | --0.89% | |
SSB | D | --1.49% | |
SLB | C | --2.22% | |
CHK | C | --2.94% | |
IP | C | --3.74% | |
SNPS | B | --4.1% | |
EQT | D | --6.21% | |
COF | C | --7.29% |
IBRN: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords