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% |
JFWD: Top Represented Industries & Keywords
Industries:
Software - Application
Biotechnology
Gambling
Diagnostics & Research
Drug Manufacturers - Specialty & Generic
Health Information Services
Communication Equipment
Computer Systems
Credit Services
Electronic Components
Health Information Services
Internet Content & Information
Media - Diversified
Medical Devices
Medical Instruments & Supplies
Real Estate Services
Software - Infrastructure
MNA: Top Represented Industries & Keywords
Industries:
Banks - Regional - US
Aerospace & Defense
Communication Equipment
Credit Services
Drug Manufacturers - Specialty & Generic
Gambling
Software - Application
Utilities - Regulated Electric
Biotechnology
Capital Markets
Consumer Electronics
Diagnostics & Research
Health Information Services
Industrial Metals & Minerals
Medical Devices
Metal Fabrication
Oil & Gas E&P
Other Precious Metals & Mining
Packaged Foods
Packaging & Containers
Keywords:
Bank
Banking
S&P 500
Deposit Products
Investment Services
ATM
Commercial Bank
Commercial Banking
Real Estate Loans
Biopharmaceutical
Casino
Computing
Individual Retirement Account
Investment Management
Trust Services
Wealth Management
Back Office Systems
Boat
Broker Dealer
Business Process Management