MNA vs. FESM ETF Comparison

Comparison of IQ Merger Arbitrage ETF (MNA) to Fidelity Enhanced Small Cap ETF (FESM)
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

Number of Holdings *

44

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

Fidelity Enhanced Small Cap ETF

FESM Description The fund will normally invest at least 80% of assets in common stocks included in the Russell 2000® Index, which is a market capitalization-weighted index designed to measure the performance of the small-cap segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$34.59

Average Daily Volume

123,580

Number of Holdings *

562

* may have additional holdings in another (foreign) market
Performance
Period MNA FESM
30 Days -0.33% 7.42%
60 Days -0.36% 7.32%
90 Days 0.55% 8.30%
12 Months 6.67% 39.28%
12 Overlapping Holdings
Symbol Grade Weight in MNA Weight in FESM Overlap
AGS A 0.84% 0.09% 0.09%
ALE A 2.69% 0.1% 0.1%
ALTR B 3.12% 0.1% 0.1%
AUB B -1.5% 0.1% -1.5%
AXNX A 2.39% 0.03% 0.03%
BUSE B -0.42% 0.23% -0.42%
CDE C -1.2% 0.07% -1.2%
RNST B -1.2% 0.22% -1.2%
RVNC F 0.32% 0.06% 0.06%
UMBF B -1.28% 0.34% -1.28%
WSBC B -0.66% 0.15% -0.66%
ZUO B 1.18% 0.2% 0.2%
MNA Overweight 32 Positions Relative to FESM
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%
BALY B 2.82%
ENV B 2.59%
K A 2.47%
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%
HAYN A 0.77%
PFC B 0.65%
GATO C 0.41%
CFB B 0.4%
PGRU A 0.35%
SRDX B 0.27%
BA F -1.63%
SSB B -2.03%
IP A -4.24%
COF C -9.37%
MNA Underweight 550 Positions Relative to FESM
Symbol Grade Weight
SFM A -0.97%
LUMN C -0.86%
CRS B -0.81%
QTWO A -0.8%
CVLT B -0.77%
ANF F -0.74%
FN C -0.74%
SPSC D -0.72%
SKYW C -0.69%
BGC C -0.66%
PAYO A -0.65%
JXN C -0.64%
ENS F -0.61%
MWA B -0.6%
MHO D -0.59%
CSGS B -0.59%
YELP C -0.58%
CRGY B -0.58%
COMP B -0.58%
IBP D -0.57%
NWBI B -0.57%
QLYS B -0.56%
MTX B -0.56%
EME A -0.55%
CVNA B -0.55%
FIX A -0.55%
EXLS B -0.54%
PRG C -0.54%
HWKN B -0.53%
OUT A -0.53%
LKFN C -0.52%
FUL F -0.52%
WT A -0.51%
MTDR B -0.51%
VMEO B -0.51%
LMND B -0.51%
FHI B -0.5%
AEO F -0.5%
UPBD B -0.5%
FLR B -0.5%
AIR B -0.49%
IGT F -0.49%
MXL C -0.48%
AIT B -0.47%
TMHC C -0.47%
ITRI C -0.47%
REZI A -0.46%
LANC C -0.45%
SIGI C -0.44%
CODI B -0.44%
BANF B -0.43%
INSM C -0.42%
BHE C -0.41%
BMI B -0.4%
MMSI A -0.4%
GT C -0.39%
WTS B -0.39%
CMPR D -0.39%
AROC A -0.39%
SANM B -0.39%
APOG C -0.38%
ACA A -0.37%
UCTT D -0.37%
CBU B -0.37%
AAT B -0.36%
CRDO B -0.36%
BAND B -0.36%
ABCB B -0.36%
PCVX D -0.36%
TENB C -0.36%
GH B -0.35%
CNMD C -0.35%
CECO B -0.35%
FFIN B -0.35%
VICR C -0.35%
TPH D -0.34%
TEX F -0.34%
PECO A -0.34%
ESRT C -0.34%
BBSI B -0.33%
GNW A -0.33%
NMIH C -0.33%
YOU D -0.32%
SF B -0.32%
SXT C -0.32%
ATI C -0.32%
ABM B -0.32%
MATX C -0.32%
STEP C -0.32%
COKE C -0.32%
PFS B -0.31%
EQC B -0.31%
SWX B -0.31%
KAR B -0.31%
KTOS B -0.31%
NJR A -0.3%
MTH D -0.3%
AWR B -0.3%
WOOF D -0.3%
GFF A -0.3%
VREX B -0.29%
EGHT B -0.29%
AX B -0.29%
PHR F -0.29%
BDC C -0.29%
TRNO F -0.28%
LNW F -0.28%
SXC A -0.28%
WK B -0.28%
YEXT B -0.28%
FBP C -0.28%
CNO B -0.27%
RVMD C -0.26%
PRGS A -0.26%
TRN B -0.26%
CEIX A -0.25%
PLPC B -0.25%
CDP C -0.25%
HP C -0.25%
MOG.A B -0.25%
SNEX B -0.25%
HQY A -0.24%
PDFS C -0.24%
BCO F -0.24%
PSN D -0.24%
NBR C -0.24%
SHAK C -0.23%
PLXS B -0.23%
EPAC C -0.23%
EZPW B -0.23%
CORT B -0.23%
CPF B -0.23%
MRTN D -0.23%
HLX B -0.23%
PLAB C -0.22%
CRC A -0.22%
COMM D -0.22%
CALM A -0.22%
HWC B -0.22%
CRAI C -0.22%
GEO B -0.22%
MAC B -0.22%
AORT B -0.22%
TILE B -0.22%
ROCK C -0.21%
WABC B -0.21%
AXGN C -0.21%
RNA C -0.21%
PBH A -0.21%
HALO F -0.21%
SJW F -0.21%
HURN C -0.21%
OI C -0.21%
AXL C -0.21%
ALKS C -0.21%
CTRE C -0.2%
HNI B -0.2%
BL B -0.2%
HSTM B -0.2%
KBH D -0.2%
CWT C -0.2%
PBI B -0.19%
TNC D -0.19%
HL D -0.19%
MUR D -0.19%
SMTC B -0.19%
FULT A -0.19%
UBSI B -0.19%
RMBS B -0.19%
PD C -0.18%
SBH C -0.18%
PJT A -0.18%
CADE B -0.18%
FRME B -0.18%
PRO C -0.18%
SFBS C -0.18%
XRX F -0.18%
SLVM B -0.18%
BVS D -0.18%
HY D -0.18%
AVNS F -0.18%
CNXN C -0.18%
VRE B -0.18%
ARLO C -0.17%
IRTC C -0.17%
CSWI B -0.17%
PRK B -0.17%
DCO C -0.17%
TDS B -0.17%
PTCT B -0.17%
LMB B -0.17%
FLNC D -0.17%
INTA B -0.17%
TVTX C -0.16%
RYTM C -0.16%
EWTX C -0.16%
EXPI D -0.16%
BOH B -0.16%
BCC B -0.16%
DXPE C -0.16%
ALRM C -0.16%
BPMC B -0.16%
CYTK F -0.16%
DOMO B -0.15%
VCYT B -0.15%
STNG F -0.15%
MDGL B -0.15%
DY D -0.15%
NFBK C -0.15%
AMSF B -0.15%
TRTX C -0.15%
SAH C -0.15%
OFG B -0.15%
CPS C -0.15%
OPCH D -0.14%
GHC B -0.14%
CPRX C -0.14%
AGIO C -0.14%
NRIX C -0.14%
ETD C -0.14%
WKC C -0.14%
HAE C -0.14%
FLXS B -0.14%
TWST F -0.14%
VRTS B -0.14%
UCB A -0.14%
FOLD F -0.14%
CNK C -0.14%
SRRK C -0.13%
ATRC C -0.13%
WSR A -0.13%
WS C -0.13%
CRNX C -0.13%
KNF B -0.13%
EXTR C -0.13%
SRCE B -0.13%
SLG B -0.13%
BRC D -0.12%
ZEUS C -0.12%
DK C -0.12%
KREF C -0.12%
TRUP B -0.12%
REPX A -0.12%
AMRX C -0.12%
AMSC B -0.12%
FORM D -0.12%
CHX C -0.11%
KRYS C -0.11%
ACAD C -0.11%
ADMA B -0.11%
SKT A -0.11%
HCAT D -0.11%
DYN F -0.11%
OTTR C -0.11%
CDNA D -0.11%
HCI C -0.11%
LYTS B -0.11%
UNIT B -0.11%
EAT A -0.11%
DIOD D -0.1%
LADR B -0.1%
TRUE C -0.1%
OSCR D -0.1%
AMPH F -0.1%
NGVC A -0.1%
GKOS B -0.1%
INDB B -0.1%
FFBC B -0.1%
GMRE F -0.1%
ADUS D -0.1%
VTOL B -0.1%
BCRX D -0.1%
KURA F -0.1%
RDFN D -0.1%
TGTX B -0.09%
VBTX B -0.09%
EBS C -0.09%
ADPT C -0.09%
AMBA B -0.09%
AMAL B -0.09%
LGND C -0.09%
ODP F -0.09%
HLIT D -0.09%
RXRX F -0.09%
BCPC B -0.09%
MYGN F -0.09%
AUR C -0.09%
ARQT B -0.09%
ARAY C -0.08%
PRLB B -0.08%
ANIP F -0.08%
FTDR B -0.08%
FDP B -0.08%
BSRR B -0.08%
SGMO C -0.08%
CDMO A -0.08%
DEA D -0.08%
PCRX C -0.08%
EGP D -0.08%
KTB B -0.08%
TDOC C -0.08%
CATY B -0.08%
LTH C -0.08%
PTGX D -0.08%
AIN C -0.08%
MTRN C -0.08%
URBN C -0.08%
RUSHA C -0.08%
TCMD B -0.08%
AKBA C -0.08%
WVE C -0.08%
SSTK F -0.08%
FSS B -0.08%
MRC B -0.08%
SCS C -0.08%
SPT C -0.08%
PACB F -0.08%
LUNR B -0.07%
LNTH D -0.07%
LIVN F -0.07%
CTKB C -0.07%
KE C -0.07%
WEAV C -0.07%
NVAX F -0.07%
ORIC F -0.07%
KOD B -0.07%
HBI B -0.07%
JAMF F -0.07%
NBTB B -0.07%
HRTG C -0.07%
AXSM B -0.07%
FISI B -0.07%
PGC B -0.07%
SEM B -0.07%
LGF.A C -0.07%
IRWD F -0.07%
MYE F -0.07%
OPEN F -0.07%
NUVB C -0.07%
ATNI F -0.07%
PL B -0.07%
CTBI B -0.07%
THR B -0.07%
DNLI D -0.07%
MEDP D -0.07%
WSBF C -0.07%
REPL D -0.07%
BLKB B -0.07%
WMK C -0.07%
BSIG A -0.07%
COLL F -0.07%
BBIO F -0.07%
ANNX F -0.06%
ERAS C -0.06%
AKRO B -0.06%
RXO D -0.06%
UEC B -0.06%
TSHA C -0.06%
SNDX F -0.06%
ARCT F -0.06%
APPN B -0.06%
IART C -0.06%
BGS F -0.06%
CDXS B -0.06%
CMC B -0.06%
TREE F -0.06%
CCCC F -0.06%
HURC B -0.06%
RM C -0.06%
GIC D -0.06%
BKD F -0.06%
ARVN F -0.06%
AVD C -0.06%
CLDX F -0.06%
CERS D -0.06%
QTRX F -0.06%
FBK C -0.06%
NABL F -0.06%
EOLS D -0.06%
ETNB C -0.05%
ALLK D -0.05%
ACIW B -0.05%
DAKT C -0.05%
SAGE F -0.05%
OABI F -0.05%
LGF.A C -0.05%
DSGN C -0.05%
TMCI C -0.05%
PAHC C -0.05%
ATRO D -0.05%
ORGO B -0.05%
FLYW B -0.05%
MLNK C -0.05%
ZIP D -0.05%
OPY B -0.05%
UHT D -0.05%
ARWR D -0.05%
COGT D -0.05%
OIS B -0.05%
STRO F -0.05%
BY B -0.05%
VNDA C -0.05%
ABSI F -0.05%
EE A -0.05%
SNBR F -0.05%
ONTO F -0.05%
MCRI A -0.05%
CVBF A -0.05%
BOOT C -0.05%
TSVT F -0.04%
HRTX F -0.04%
MGNX F -0.04%
LPSN F -0.04%
ICFI F -0.04%
BLBD D -0.04%
AOSL C -0.04%
BDTX F -0.04%
TNDM D -0.04%
TERN F -0.04%
NXRT B -0.04%
GERN D -0.04%
MSBI B -0.04%
BRSP C -0.04%
CXM C -0.04%
BASE B -0.04%
NUVL C -0.04%
VYGR F -0.04%
CRVL B -0.04%
ALX D -0.04%
IOVA F -0.04%
KALV F -0.04%
IDYA F -0.04%
NPAB F -0.04%
ZNTL F -0.04%
UVE B -0.04%
COUR F -0.04%
NSSC D -0.04%
TXRH B -0.04%
PRTS C -0.03%
FIZZ C -0.03%
ANIK D -0.03%
KYMR D -0.03%
GCI D -0.03%
NPK B -0.03%
ACET F -0.03%
GIII D -0.03%
ENTA F -0.03%
RMAX C -0.03%
SHEN F -0.03%
CWCO C -0.03%
IDT B -0.03%
RLMD F -0.03%
MBWM B -0.03%
YMAB F -0.03%
USLM A -0.03%
BEAM D -0.03%
BECN B -0.03%
ENSG C -0.03%
STNE F -0.03%
MED D -0.03%
RLAY F -0.03%
VSCO C -0.03%
RCKT F -0.03%
ASC F -0.03%
STBA B -0.03%
FNKO D -0.03%
SANA F -0.03%
UVSP B -0.03%
ACLX C -0.03%
HROW D -0.03%
MCY A -0.03%
ARRY F -0.03%
UFPI C -0.03%
ETWO F -0.03%
HNST A -0.03%
CHGG C -0.03%
BHLB B -0.03%
LMAT A -0.03%
NARI C -0.03%
HUMA F -0.03%
GRC A -0.03%
FATE F -0.03%
VCEL B -0.03%
EDIT F -0.03%
HIMS B -0.03%
CSR B -0.03%
ANGO C -0.02%
SUPN C -0.02%
RCKY F -0.02%
EB C -0.02%
UPLD B -0.02%
DIN C -0.02%
ONTF C -0.02%
TNYA D -0.02%
CTMX F -0.02%
SPNS F -0.02%
MQ D -0.02%
NTLA F -0.02%
DVAX C -0.02%
ZIMV D -0.02%
TNET F -0.02%
ABUS D -0.02%
SVRA F -0.02%
MCB B -0.02%
RAMP B -0.02%
NKTR F -0.02%
TCBK C -0.02%
XNCR B -0.02%
JBSS F -0.02%
SPOK B -0.02%
MRSN D -0.02%
PGEN F -0.02%
CRBU D -0.02%
PRAA D -0.02%
GPRE F -0.02%
FCF B -0.02%
DOC C -0.02%
SWTX C -0.02%
TSE F -0.02%
ALHC C -0.02%
NKTX F -0.02%
ALEC F -0.02%
VERA C -0.02%
MDXG B -0.02%
SFL D -0.02%
ALT C -0.02%
PDCO F -0.02%
KPTI D -0.02%
PBYI C -0.02%
FSTR B -0.02%
PKE B -0.02%
BOLT F -0.01%
CARA D -0.01%
WFRD D -0.01%
ALVR F -0.01%
INO F -0.01%
NOVA F -0.01%
GATX A -0.01%
ZDGE F -0.01%
FGEN D -0.01%
IMVT F -0.01%
CHRS D -0.01%
AVTE D -0.01%
SMMT D -0.01%
ADAP F -0.01%
SPCE D -0.01%
RIG D -0.01%
URGN F -0.01%
XBIT F -0.01%
CCBG B -0.01%
Compare ETFs