MNA vs. EVX ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to Market Vectors Environment Index ETF Fund (EVX)
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
$32.95
Average Daily Volume
60,238
49
EVX
Market Vectors Environment Index ETF Fund
EVX Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Environmental Services Index (the "Environmental Services Index"). The fund normally invests at least 80% of its total assets in common stocks and American depositary receipts ("ADRs") of companies involved in the environmental services industry. It is non-diversified.Grade (RS Rating)
Last Trade
$177.73
Average Daily Volume
1,406
21
Performance
| Period | MNA | EVX |
|---|---|---|
| 30 Days | 0.67% | -1.41% |
| 60 Days | 2.42% | 1.58% |
| 90 Days | 3.98% | 5.43% |
| 12 Months | 5.83% | 28.43% |
MNA Overweight 47 Positions Relative to EVX
| Symbol | Grade | Weight | |
|---|---|---|---|
| DFS | C | 6.74% | |
| CTLT | A | 5.71% | |
| JNPR | B | 5.05% | |
| HCP | B | 4.32% | |
| MRO | D | 3.16% | |
| SHV | B | 2.91% | |
| BALY | A | 2.73% | |
| INST | B | 2.62% | |
| ALE | A | 2.6% | |
| SQSP | A | 2.59% | |
| ENV | C | 2.56% | |
| AXNX | A | 2.34% | |
| CHX | D | 2.26% | |
| PWSC | C | 2.26% | |
| PRFT | A | 2.0% | |
| K | B | 1.9% | |
| IBTX | D | 1.82% | |
| INFN | C | 1.72% | |
| AY | C | 1.64% | |
| SPR | D | 1.63% | |
| RCM | B | 1.6% | |
| EVRI | A | 1.52% | |
| VZIO | A | 1.25% | |
| TELL | B | 1.21% | |
| FBMS | D | 1.01% | |
| HTLF | C | 0.86% | |
| AGS | B | 0.76% | |
| HAYN | B | 0.74% | |
| PETQ | A | 0.68% | |
| AAN | C | 0.63% | |
| CHUY | B | 0.44% | |
| PFC | D | 0.41% | |
| CFB | D | 0.3% | |
| RVNC | F | 0.28% | |
| SRDX | D | 0.27% | |
| PGRU | A | 0.27% | |
| CLF | D | -0.23% | |
| BUSE | D | -0.3% | |
| FA | A | -0.4% | |
| WSBC | D | -0.41% | |
| UMBF | C | -0.88% | |
| RNST | D | -1.02% | |
| BA | F | -1.38% | |
| SSB | C | -1.85% | |
| SLB | D | -2.3% | |
| IP | C | -3.71% | |
| COF | C | -7.42% |
MNA Underweight 20 Positions Relative to EVX
MNA: Top Represented Industries & Keywords
EVX: Top Represented Industries & Keywords
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