MNA vs. BUSA ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to Brandes U.S. Value ETF (BUSA)
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
$32.78
Average Daily Volume
48,345
44
BUSA
Brandes U.S. Value ETF
BUSA Description
The fund is an actively managed exchange-traded fund ("ETF") that seeks to attain its investment objective by investing primarily in equity securities of U.S. companies. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes), measured at the time of purchase, in securities of U.S. companies.Grade (RS Rating)
Last Trade
$33.34
Average Daily Volume
24,976
55
Performance
| Period | MNA | BUSA |
|---|---|---|
| 30 Days | -0.33% | 3.82% |
| 60 Days | -0.36% | 5.79% |
| 90 Days | 0.55% | 5.90% |
| 12 Months | 6.67% | 28.77% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MNA | Weight in BUSA | Overlap |
|---|
MNA Overweight 44 Positions Relative to BUSA
| Symbol | Grade | Weight | |
|---|---|---|---|
| DFS | B | 8.65% | |
| CTLT | C | 5.63% | |
| JNPR | D | 4.99% | |
| HCP | B | 4.36% | |
| FYBR | C | 3.64% | |
| MRO | B | 3.51% | |
| SMAR | B | 3.2% | |
| ALTR | B | 3.12% | |
| BALY | B | 2.82% | |
| ALE | A | 2.69% | |
| ENV | B | 2.59% | |
| K | A | 2.47% | |
| AXNX | A | 2.39% | |
| AY | A | 2.1% | |
| B | A | 2.08% | |
| IBTX | B | 2.04% | |
| RCM | A | 2.01% | |
| SPR | D | 1.97% | |
| INFN | D | 1.72% | |
| NAPA | A | 1.6% | |
| EVRI | A | 1.59% | |
| SASR | B | 1.5% | |
| VZIO | A | 1.31% | |
| HTLF | B | 1.25% | |
| FBMS | B | 1.19% | |
| ZUO | B | 1.18% | |
| AGS | A | 0.84% | |
| HAYN | A | 0.77% | |
| PFC | B | 0.65% | |
| GATO | C | 0.41% | |
| CFB | B | 0.4% | |
| PGRU | A | 0.35% | |
| RVNC | F | 0.32% | |
| SRDX | B | 0.27% | |
| BUSE | B | -0.42% | |
| WSBC | B | -0.66% | |
| RNST | B | -1.2% | |
| CDE | C | -1.2% | |
| UMBF | B | -1.28% | |
| AUB | B | -1.5% | |
| BA | F | -1.63% | |
| SSB | B | -2.03% | |
| IP | A | -4.24% | |
| COF | C | -9.37% |
MNA Underweight 55 Positions Relative to BUSA
| Symbol | Grade | Weight | |
|---|---|---|---|
| FI | A | -3.53% | |
| CVX | A | -3.36% | |
| MCK | A | -3.11% | |
| WFC | A | -2.9% | |
| BAC | A | -2.86% | |
| FLEX | B | -2.58% | |
| PNC | B | -2.57% | |
| CMCSA | B | -2.48% | |
| GOOG | C | -2.41% | |
| WTW | B | -2.4% | |
| C | A | -2.38% | |
| DOX | D | -2.34% | |
| CI | D | -2.26% | |
| FDX | B | -2.24% | |
| JPM | A | -2.2% | |
| CTVA | C | -2.18% | |
| HAL | C | -2.11% | |
| EMR | B | -2.1% | |
| CTSH | B | -2.06% | |
| TXT | D | -2.05% | |
| OMC | C | -2.04% | |
| SSNC | B | -2.02% | |
| SNY | F | -1.96% | |
| PFE | F | -1.95% | |
| BK | A | -1.95% | |
| MRK | D | -1.92% | |
| WRB | A | -1.91% | |
| JNJ | C | -1.77% | |
| INGR | C | -1.69% | |
| HCA | F | -1.68% | |
| AIG | B | -1.61% | |
| CAH | B | -1.57% | |
| ETR | B | -1.55% | |
| KVUE | A | -1.53% | |
| LH | B | -1.49% | |
| ACGL | C | -1.44% | |
| AZO | C | -1.43% | |
| MU | D | -1.31% | |
| STT | B | -1.28% | |
| CVS | D | -1.19% | |
| LKQ | F | -1.15% | |
| WKC | C | -1.09% | |
| KNX | C | -1.08% | |
| TFC | A | -1.08% | |
| CSCO | B | -1.06% | |
| OMF | A | -1.02% | |
| GTES | A | -1.01% | |
| SLB | C | -0.99% | |
| BRK.A | B | -0.98% | |
| SYY | D | -0.96% | |
| GD | D | -0.91% | |
| JCI | B | -0.87% | |
| MHK | D | -0.83% | |
| OTEX | F | -0.54% | |
| QRVO | F | -0.5% |
MNA: Top Represented Industries & Keywords
BUSA: Top Represented Industries & Keywords
Compare ETFs
