MNA vs. FOVL ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to iShares Focused Value Factor ETF (FOVL)
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
$31.58
Average Daily Volume
40,815
44
FOVL
iShares Focused Value Factor ETF
FOVL Description
The investment seeks to track the to track the investment results of the Focused Value Select Index, which is an objective, rules-based, equal-weighted equity index provided by FTSE Russell. The underlying index measures the performance of large- and mid-capitalization U.S. companies with prominent value factor characteristics, as determined by Russell. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.Grade (RS Rating)
Last Trade
$60.01
Average Daily Volume
8,030
40
Performance
| Period | MNA | FOVL |
|---|---|---|
| 30 Days | 1.23% | -1.42% |
| 60 Days | 1.78% | 0.82% |
| 90 Days | 0.39% | -2.15% |
| 12 Months | 2.45% | 16.48% |
MNA Overweight 42 Positions Relative to FOVL
| Symbol | Grade | Weight | |
|---|---|---|---|
| ANSS | D | 6.39% | |
| X | C | 6.29% | |
| ETRN | D | 6.21% | |
| CTLT | B | 5.66% | |
| JNPR | A | 4.93% | |
| HCP | A | 4.54% | |
| MRO | B | 3.35% | |
| AIRC | A | 2.85% | |
| SWN | D | 2.77% | |
| CERE | C | 2.65% | |
| ALE | B | 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 | A | 0.89% | |
| AGS | B | 0.79% | |
| HAYN | C | 0.78% | |
| EVBG | B | 0.78% | |
| OSG | A | 0.74% | |
| AMK | B | 0.72% | |
| HA | D | 0.64% | |
| NWLI | A | 0.6% | |
| SLCA | B | 0.49% | |
| MODN | B | 0.44% | |
| HTLF | B | 0.35% | |
| SRDX | A | 0.31% | |
| FA | D | -0.26% | |
| UMBF | C | -0.36% | |
| WSC | F | -0.46% | |
| AA | C | -0.89% | |
| SSB | D | -1.49% | |
| SLB | D | -2.22% | |
| CHK | D | -2.94% | |
| IP | B | -3.74% | |
| SNPS | B | -4.1% | |
| EQT | D | -6.21% |
MNA Underweight 38 Positions Relative to FOVL
| Symbol | Grade | Weight | |
|---|---|---|---|
| TOL | D | -3.33% | |
| IBKR | A | -3.29% | |
| JPM | A | -3.11% | |
| SF | A | -3.1% | |
| PNFP | C | -3.09% | |
| FYBR | B | -3.04% | |
| AXS | B | -3.03% | |
| WTM | C | -3.02% | |
| HPE | B | -2.91% | |
| WLK | D | -2.86% | |
| JHG | B | -2.82% | |
| SNV | A | -2.78% | |
| ORI | D | -2.77% | |
| CNA | A | -2.63% | |
| LPX | D | -2.63% | |
| KMI | A | -2.62% | |
| T | A | -2.58% | |
| FNB | C | -2.58% | |
| FHB | C | -2.55% | |
| WBS | C | -2.47% | |
| BLDR | F | -2.42% | |
| PFG | D | -2.41% | |
| LYB | D | -2.37% | |
| AMG | D | -2.36% | |
| UNM | C | -2.36% | |
| CUZ | D | -2.31% | |
| STT | C | -2.25% | |
| AN | C | -2.24% | |
| Z | C | -2.21% | |
| NUE | D | -2.18% | |
| AGR | C | -2.13% | |
| PNW | C | -2.11% | |
| CLF | D | -2.0% | |
| THO | D | -1.99% | |
| ALK | D | -1.77% | |
| SNDR | B | -1.76% | |
| LSXMK | D | -1.54% | |
| LLYVK | C | -0.63% |
MNA: Top Represented Industries & Keywords
FOVL: Top Represented Industries & Keywords
Compare ETFs
