MNA vs. GRPZ ETF Comparison

Comparison of IQ Merger Arbitrage ETF (MNA) to Invesco Exchange-Traded Fund Trust II Invesco S&P SmallCap 600 GARP ETF (GRPZ)
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

Number of Holdings *

49

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

Invesco Exchange-Traded Fund Trust II Invesco S&P SmallCap 600 GARP ETF

GRPZ Description The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is designed to track the performance of approximately 90 growth stocks in the S&P SmallCap 600® Index with relatively high quality and value composite scores. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.71

Average Daily Volume

1,758

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
Period MNA GRPZ
30 Days 0.67% -2.51%
60 Days 2.42% 1.33%
90 Days 3.98% 6.46%
12 Months 5.83%
0 Overlapping Holdings
Symbol Grade Weight in MNA Weight in GRPZ Overlap
MNA Overweight 49 Positions Relative to GRPZ
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%
SRCL B 2.65%
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%
SRCL B 1.26%
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 10 Positions Relative to GRPZ
Symbol Grade Weight
CALM B -2.02%
CPRX C -1.79%
PLMR C -1.76%
STBA D -1.69%
AMPH C -1.66%
CEIX B -1.65%
CCOI B -1.6%
MCRI B -1.59%
CCRN F -1.56%
GRBK C -1.54%
Compare ETFs