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
45
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
23
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% |
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
MNA: Top Represented Industries & Keywords
BPAY: Top Represented Industries & Keywords