MNA vs. FINX ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to Global X FinTech Thematic ETF (FINX)
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
$32.60
Average Daily Volume
49,064
45
FINX
Global X FinTech Thematic ETF
FINX Description
The Global X FinTech Thematic ETF (FINX) seeks to invest in companies on the leading edge of the emerging financial technology sector, which encompasses a range of innovations helping to transform established industries like insurance, investing, fundraising, and third-party lending through unique mobile and digital solutionsGrade (RS Rating)
Last Trade
$32.98
Average Daily Volume
65,772
42
Performance
| Period | MNA | FINX |
|---|---|---|
| 30 Days | -0.97% | 10.89% |
| 60 Days | -0.91% | 17.91% |
| 90 Days | -0.18% | 22.24% |
| 12 Months | 6.15% | 55.07% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MNA | Weight in FINX | Overlap | |
|---|---|---|---|---|---|
| ENV | B | 2.56% | 0.84% | 0.84% |
MNA Overweight 44 Positions Relative to FINX
| Symbol | Grade | Weight | |
|---|---|---|---|
| DFS | B | 8.94% | |
| CTLT | D | 5.65% | |
| JNPR | D | 5.04% | |
| HCP | B | 4.32% | |
| FYBR | C | 3.64% | |
| MRO | A | 3.5% | |
| SMAR | A | 3.18% | |
| ALTR | B | 3.09% | |
| BALY | A | 2.77% | |
| ALE | A | 2.67% | |
| INST | B | 2.61% | |
| K | B | 2.44% | |
| AXNX | A | 2.37% | |
| AY | A | 2.08% | |
| IBTX | B | 2.08% | |
| B | A | 2.05% | |
| RCM | A | 1.99% | |
| SPR | D | 1.99% | |
| INFN | D | 1.72% | |
| NAPA | A | 1.58% | |
| EVRI | A | 1.57% | |
| SASR | B | 1.49% | |
| VZIO | A | 1.33% | |
| HTLF | B | 1.27% | |
| FBMS | B | 1.22% | |
| ZUO | B | 1.17% | |
| AGS | A | 0.83% | |
| HAYN | A | 0.75% | |
| PFC | B | 0.65% | |
| GATO | C | 0.43% | |
| RVNC | F | 0.43% | |
| CFB | C | 0.41% | |
| PGRU | A | 0.35% | |
| SRDX | B | 0.26% | |
| BUSE | B | -0.42% | |
| WSBC | B | -0.66% | |
| CDE | C | -1.15% | |
| RNST | B | -1.23% | |
| UMBF | B | -1.29% | |
| AUB | B | -1.51% | |
| BA | D | -1.69% | |
| SSB | B | -2.1% | |
| IP | A | -4.38% | |
| COF | B | -9.54% |
MNA Underweight 41 Positions Relative to FINX
| Symbol | Grade | Weight | |
|---|---|---|---|
| FI | A | -7.33% | |
| PYPL | B | -7.06% | |
| FIS | C | -6.56% | |
| INTU | B | -5.32% | |
| SQ | A | -4.96% | |
| COIN | A | -4.93% | |
| SSNC | C | -4.5% | |
| GWRE | A | -3.9% | |
| XRX | F | -3.82% | |
| TOST | A | -3.42% | |
| GPN | C | -3.39% | |
| JKHY | D | -3.2% | |
| AFRM | A | -3.09% | |
| SOFI | A | -2.84% | |
| HQY | A | -2.03% | |
| BILL | B | -1.69% | |
| ACIW | B | -1.57% | |
| FOUR | A | -1.35% | |
| UPST | B | -1.17% | |
| NCNO | B | -1.16% | |
| MARA | C | -1.04% | |
| PAYO | A | -0.94% | |
| STNE | F | -0.77% | |
| VERX | A | -0.75% | |
| VIRT | A | -0.73% | |
| RIOT | C | -0.62% | |
| FLYW | B | -0.53% | |
| SPNS | F | -0.53% | |
| LMND | A | -0.46% | |
| MLNK | C | -0.45% | |
| CIFR | C | -0.43% | |
| PAGS | F | -0.4% | |
| LC | B | -0.4% | |
| DLO | C | -0.33% | |
| BLND | A | -0.26% | |
| LPRO | C | -0.2% | |
| CTLP | B | -0.16% | |
| TREE | F | -0.15% | |
| IIIV | B | -0.14% | |
| PAY | A | -0.13% | |
| MITK | D | -0.1% |
MNA: Top Represented Industries & Keywords
FINX: Top Represented Industries & Keywords
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