MID vs. MNA ETF Comparison
Comparison of American Century Mid Cap Growth Impact ETF (MID) to IQ Merger Arbitrage ETF (MNA)
MID
American Century Mid Cap Growth Impact ETF
MID Description
The investment seeks long-term capital growth. The fund will invest principally in exchange-traded common stocks. Under normal market conditions, the portfolio managers will invest at least 80% of the fund's assets in securities of medium capitalization companies that the portfolio managers believe will create impact by aligning with at least one of the SDGs. The fund may purchase securities of small and large capitalization companies as well. It may engage in active and frequent trading of portfolio securities to achieve its principal investment strategies. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$60.90
Average Daily Volume
4,828
40
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
$32.63
Average Daily Volume
49,281
45
Performance
Period | MID | MNA |
---|---|---|
30 Days | -1.90% | -0.82% |
60 Days | 0.33% | -0.94% |
90 Days | 5.33% | 0.18% |
12 Months | 32.20% | 6.18% |
0 Overlapping Holdings
Symbol | Grade | Weight in MID | Weight in MNA | Overlap |
---|
MID Overweight 40 Positions Relative to MNA
Symbol | Grade | Weight | |
---|---|---|---|
MSCI | A | 5.64% | |
ESI | B | 4.85% | |
DUOL | B | 4.55% | |
MPWR | F | 4.05% | |
POOL | D | 4.0% | |
AVNT | B | 3.95% | |
BFAM | F | 3.94% | |
NET | B | 3.77% | |
LII | A | 3.48% | |
MANH | D | 3.47% | |
RSG | B | 3.45% | |
CMG | B | 3.05% | |
CDW | F | 2.72% | |
CHD | A | 2.72% | |
HUBB | B | 2.71% | |
CDNS | B | 2.63% | |
TRGP | A | 2.44% | |
VST | A | 2.37% | |
ENPH | F | 2.26% | |
IDXX | F | 2.16% | |
NTRA | B | 2.07% | |
ONON | B | 2.07% | |
XYL | D | 1.93% | |
ABNB | C | 1.9% | |
EFX | F | 1.86% | |
ALNY | D | 1.78% | |
COR | B | 1.74% | |
ARGX | B | 1.69% | |
TPG | A | 1.6% | |
IQV | F | 1.59% | |
NU | C | 1.53% | |
PODD | A | 1.5% | |
VRT | A | 1.48% | |
CNM | C | 1.37% | |
DXCM | C | 1.33% | |
GEHC | D | 1.27% | |
TECH | F | 1.07% | |
BLD | F | 0.98% | |
AZEK | B | 0.98% | |
J | D | 0.87% |
MID Underweight 45 Positions Relative to MNA
Symbol | Grade | Weight | |
---|---|---|---|
DFS | B | -8.94% | |
CTLT | D | -5.65% | |
JNPR | D | -5.04% | |
HCP | B | -4.32% | |
FYBR | C | -3.64% | |
MRO | A | -3.5% | |
SMAR | A | -3.18% | |
ALTR | B | -3.09% | |
BALY | A | -2.77% | |
ALE | A | -2.67% | |
INST | B | -2.61% | |
ENV | B | -2.56% | |
K | B | -2.44% | |
AXNX | A | -2.37% | |
AY | A | -2.08% | |
IBTX | B | -2.08% | |
B | A | -2.05% | |
RCM | A | -1.99% | |
SPR | D | -1.99% | |
INFN | D | -1.72% | |
NAPA | A | -1.58% | |
EVRI | A | -1.57% | |
SASR | A | -1.49% | |
VZIO | A | -1.33% | |
HTLF | B | -1.27% | |
FBMS | B | -1.22% | |
ZUO | B | -1.17% | |
AGS | A | -0.83% | |
HAYN | A | -0.75% | |
PFC | A | -0.65% | |
GATO | C | -0.43% | |
RVNC | F | -0.43% | |
CFB | B | -0.41% | |
PGRU | A | -0.35% | |
SRDX | C | -0.26% | |
BUSE | B | --0.42% | |
WSBC | A | --0.66% | |
CDE | C | --1.15% | |
RNST | B | --1.23% | |
UMBF | B | --1.29% | |
AUB | A | --1.51% | |
BA | F | --1.69% | |
SSB | B | --2.1% | |
IP | A | --4.38% | |
COF | B | --9.54% |
MID: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords