JFWD vs. MNA ETF Comparison

Comparison of Jacob Funds Inc. Jacob Forward ETF (JFWD) to IQ Merger Arbitrage ETF (MNA)
JFWD

Jacob Funds Inc. Jacob Forward ETF

JFWD Description

The Jacob Forward ETF is an exchange-traded fund incorporated in the US. This fund seeks long-term growth of capital. The Fund seeks to achieve its investment objective by investing in common stocks and other equity securities of companies of all sizes. The Fund may have significant exposure to the information technology sector.

Grade (RS Rating)

Last Trade

$10.84

Average Daily Volume

304

Number of Holdings *

35

* 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

$32.83

Average Daily Volume

52,891

Number of Holdings *

44

* may have additional holdings in another (foreign) market
Performance
Period JFWD MNA
30 Days 1.71% -0.36%
60 Days 1.69% 0.31%
90 Days 11.53% 2.05%
12 Months 53.96% 5.88%
0 Overlapping Holdings
Symbol Grade Weight in JFWD Weight in MNA Overlap
JFWD Overweight 35 Positions Relative to MNA
Symbol Grade Weight
HROW C 8.41%
CDNA D 5.36%
ESPR C 4.93%
INSE A 4.66%
PRCH C 4.65%
DKNG F 4.63%
AIOT C 4.59%
SQ B 4.45%
Z D 4.44%
HRTX F 4.14%
DOCS A 3.93%
MDB F 3.91%
NET B 3.44%
ATEC C 2.63%
KRYS C 2.6%
OPRX F 2.6%
BRZE F 2.35%
CFLT A 2.29%
TELA C 2.27%
CDXS A 2.25%
APPS B 2.13%
SOFI A 2.04%
PHR F 1.88%
IMMR F 1.32%
COIN C 1.25%
FLUT A 1.2%
IDYA F 1.05%
HUYA D 1.02%
ATHM D 1.02%
CELC D 0.91%
BEAM F 0.87%
CRSP C 0.78%
ARCT F 0.76%
PI C 0.71%
INVE D 0.7%
JFWD Underweight 44 Positions Relative to MNA
Symbol Grade Weight
DFS A -7.23%
CTLT D -5.72%
JNPR A -5.11%
HCP A -4.32%
FYBR A -3.74%
SHV A -3.27%
MRO C -3.25%
SMAR A -3.2%
SRCL A -2.81%
BALY A -2.75%
ALE A -2.67%
INST A -2.62%
ENV A -2.57%
K A -2.46%
AXNX A -2.38%
SPR C -2.13%
AY A -2.08%
RCM A -2.0%
IBTX B -1.82%
INFN B -1.75%
EVRI A -1.58%
SRCL A -1.46%
VZIO C -1.33%
HTLF A -1.08%
FBMS B -1.04%
PETQ A -0.85%
AGS A -0.83%
HAYN A -0.75%
PFC A -0.55%
GATO B -0.51%
RVNC C -0.4%
CFB D -0.37%
PGRU A -0.35%
SRDX D -0.26%
CLF C --0.26%
BUSE D --0.38%
FA D --0.46%
WSBC A --0.56%
RNST B --1.05%
UMBF A --1.1%
SSB B --1.83%
BA F --1.85%
IP A --3.56%
COF A --7.9%
Compare ETFs