MNA vs. DIP ETF Comparison

Comparison of IQ Merger Arbitrage ETF (MNA) to BTD Capital Fund (DIP)
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

$31.76

Average Daily Volume

39,461

Number of Holdings *

44

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

BTD Capital Fund

DIP Description BTD Capital Fund is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Exchange Traded Concepts, LLC, Kaiju ETF Advisors, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in value stocks of large-cap companies. The fund employs proprietary research to create its portfolio. BTD Capital Fund is domiciled in the United States.

Grade (RS Rating)

Last Trade

$29.83

Average Daily Volume

242

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
Period MNA DIP
30 Days 1.42% 3.49%
60 Days 1.91% 3.73%
90 Days 1.68% 10.07%
12 Months 3.17% 28.79%
0 Overlapping Holdings
Symbol Grade Weight in MNA Weight in DIP Overlap
MNA Overweight 44 Positions Relative to DIP
Symbol Grade Weight
DFS B 6.57%
ANSS C 6.39%
X C 6.29%
ETRN D 6.21%
CTLT B 5.66%
JNPR B 4.93%
HCP A 4.54%
MRO B 3.35%
AIRC A 2.85%
SWN D 2.77%
CERE C 2.65%
ALE C 2.58%
AXNX B 2.42%
HIBB A 2.38%
CHX C 2.13%
OLK A 2.06%
WIRE A 2.01%
PRFT B 1.99%
IBTX B 1.47%
VZIO B 1.15%
MGRC D 1.14%
SRCL B 0.89%
AGS B 0.79%
HAYN C 0.78%
EVBG B 0.78%
OSG A 0.74%
AMK B 0.72%
HA C 0.64%
NWLI A 0.6%
SLCA B 0.49%
MODN B 0.44%
HTLF B 0.35%
SRDX A 0.31%
FA C -0.26%
UMBF C -0.36%
WSC F -0.46%
AA B -0.89%
SSB D -1.49%
SLB D -2.22%
CHK D -2.94%
IP C -3.74%
SNPS B -4.1%
EQT D -6.21%
COF D -7.29%
MNA Underweight 10 Positions Relative to DIP
Symbol Grade Weight
DIA B -9.65%
SPY A -5.76%
DXCM D -4.61%
HIG C -4.58%
JBL F -4.51%
BEN F -4.47%
STT C -4.47%
VZ B -4.46%
MAA C -4.45%
PSX D -4.29%
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