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
44
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
562
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% |
MNA: Top Represented Industries & Keywords
FESM: Top Represented Industries & Keywords