MNA vs. BPAY ETF Comparison

Comparison of IQ Merger Arbitrage ETF (MNA) to BlackRock Future Financial and Technology ETF (BPAY)
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

$32.79

Average Daily Volume

51,086

Number of Holdings *

45

* may have additional holdings in another (foreign) market
BPAY

BlackRock Future Financial and Technology ETF

BPAY Description The BlackRock Future Financial Technology ETF seeks to maximize total return by investing in the companies delivering innovative and emerging technologies used in the financial services industry.

Grade (RS Rating)

Last Trade

$26.87

Average Daily Volume

215

Number of Holdings *

23

* may have additional holdings in another (foreign) market
Performance
Period MNA BPAY
30 Days -0.27% 5.42%
60 Days -0.24% 8.98%
90 Days 0.83% 9.41%
12 Months 6.63% 33.43%
2 Overlapping Holdings
Symbol Grade Weight in MNA Weight in BPAY Overlap
COF B -9.54% 5.3% -9.54%
DFS B 8.94% 6.07% 6.07%
MNA Overweight 43 Positions Relative to BPAY
Symbol Grade Weight
CTLT D 5.65%
JNPR D 5.04%
HCP A 4.32%
FYBR D 3.64%
MRO B 3.5%
SMAR A 3.18%
ALTR C 3.09%
BALY A 2.77%
ALE A 2.67%
INST C 2.61%
ENV B 2.56%
K A 2.44%
AXNX A 2.37%
AY A 2.08%
IBTX B 2.08%
B A 2.05%
RCM B 1.99%
SPR F 1.99%
INFN C 1.72%
NAPA A 1.58%
EVRI A 1.57%
SASR A 1.49%
VZIO D 1.33%
HTLF B 1.27%
FBMS B 1.22%
ZUO B 1.17%
AGS A 0.83%
HAYN A 0.75%
PFC B 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 B -0.66%
CDE D -1.15%
RNST B -1.23%
UMBF B -1.29%
AUB B -1.51%
BA F -1.69%
SSB B -2.1%
IP C -4.38%
MNA Underweight 21 Positions Relative to BPAY
Symbol Grade Weight
SYF B -5.42%
GPN B -4.96%
PYPL A -4.89%
SCHW A -4.87%
FI A -4.29%
WEX D -3.33%
PAYO B -3.19%
FOUR B -2.89%
RPAY C -2.8%
AXP B -2.62%
SQ B -2.52%
FIS B -2.45%
NU B -2.42%
AX B -2.29%
LOB C -1.54%
CCB A -1.39%
HCI C -1.19%
MA B -1.14%
V A -1.12%
BLND B -1.05%
XP F -0.59%
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