MNA vs. HAPS ETF Comparison

Comparison of IQ Merger Arbitrage ETF (MNA) to Harbor Corporate Culture Small Cap ETF (HAPS)
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

$32.80

Average Daily Volume

49,131

Number of Holdings *

44

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

Harbor Corporate Culture Small Cap ETF

HAPS Description The fund invests at least 80% of its total assets in securities that are included in the index. The index consists of a modified market capitalization-weighted portfolio of equity securities of approximately 200 small cap U.S. companies identified by Irrational Capital LLC those it believes to possess strong corporate culture based on its proprietary scoring methodology.

Grade (RS Rating)

Last Trade

$31.66

Average Daily Volume

141

Number of Holdings *

179

* may have additional holdings in another (foreign) market
Performance
Period MNA HAPS
30 Days -0.18% 7.80%
60 Days -0.27% 7.16%
90 Days 0.61% 12.88%
12 Months 6.73% 27.41%
5 Overlapping Holdings
Symbol Grade Weight in MNA Weight in HAPS Overlap
AGS A 0.84% 0.14% 0.14%
ALTR B 3.12% 0.74% 0.74%
ENV B 2.59% 0.28% 0.28%
INFN C 1.72% 0.2% 0.2%
WSBC A -0.66% 0.44% -0.66%
MNA Overweight 39 Positions Relative to HAPS
Symbol Grade Weight
DFS B 8.65%
CTLT B 5.63%
JNPR F 4.99%
HCP B 4.36%
FYBR D 3.64%
MRO B 3.51%
SMAR A 3.2%
BALY C 2.82%
ALE A 2.69%
K A 2.47%
AXNX C 2.39%
AY B 2.1%
B B 2.08%
IBTX B 2.04%
RCM F 2.01%
SPR D 1.97%
NAPA B 1.6%
EVRI A 1.59%
SASR B 1.5%
VZIO A 1.31%
HTLF B 1.25%
FBMS B 1.19%
ZUO B 1.18%
HAYN C 0.77%
PFC A 0.65%
GATO D 0.41%
CFB B 0.4%
PGRU A 0.35%
RVNC F 0.32%
SRDX B 0.27%
BUSE B -0.42%
RNST B -1.2%
CDE D -1.2%
UMBF B -1.28%
AUB B -1.5%
BA F -1.63%
SSB B -2.03%
IP B -4.24%
COF B -9.37%
MNA Underweight 174 Positions Relative to HAPS
Symbol Grade Weight
AWI A -2.18%
CBT C -2.02%
PECO A -1.99%
MOG.A B -1.91%
ACLX C -1.89%
RYTM C -1.76%
EAT A -1.72%
APLE B -1.71%
PTCT B -1.63%
LOPE B -1.58%
AGIO C -1.55%
AVT C -1.53%
REZI A -1.42%
NUVL D -1.39%
HLNE B -1.37%
KYMR D -1.32%
HRI B -1.32%
TNL A -1.3%
KBH D -1.26%
NSA D -1.26%
GVA A -1.25%
TEX D -1.24%
OGS A -1.24%
KOS F -1.2%
PIPR B -1.17%
MC C -1.14%
TPG A -1.13%
SR A -1.11%
RDN C -1.1%
YETI C -1.02%
LBRT D -1.0%
POWL C -0.98%
CPA D -0.96%
SGRY F -0.95%
IVT B -0.94%
NSP D -0.9%
BROS B -0.9%
NTLA F -0.86%
AIN C -0.8%
CAKE C -0.79%
PSMT C -0.78%
LAUR A -0.77%
BHF B -0.75%
FHB A -0.74%
SXT B -0.73%
DK C -0.72%
UPWK B -0.71%
WD D -0.71%
HURN B -0.69%
STEP B -0.69%
ACIW B -0.68%
GSAT C -0.66%
TRIP F -0.64%
AUR C -0.62%
WAFD B -0.62%
BOX B -0.62%
APPF B -0.6%
TARS B -0.6%
WK B -0.57%
CCS D -0.57%
BFH B -0.57%
KURA F -0.56%
FRME B -0.56%
ALGT B -0.55%
PI D -0.55%
JBGS D -0.55%
CMPR D -0.54%
BANR B -0.54%
COLL F -0.51%
LGIH D -0.51%
MD B -0.5%
UPST B -0.5%
PLMR B -0.5%
TOWN B -0.49%
BKE B -0.49%
IRWD F -0.49%
TROX D -0.49%
FLYW C -0.48%
EFSC B -0.47%
TRMK B -0.47%
FORM D -0.45%
FROG C -0.45%
TDC D -0.44%
AESI B -0.44%
CASH A -0.43%
PRVA B -0.43%
ALRM C -0.43%
CRAI B -0.42%
SCSC B -0.41%
NNI D -0.4%
IDT B -0.4%
SCS C -0.39%
WGO C -0.39%
MCY A -0.38%
PRGS A -0.38%
SONO C -0.38%
LOB B -0.37%
CSTL D -0.35%
VERX B -0.35%
VBTX B -0.35%
AMN F -0.35%
KFRC D -0.35%
RPD C -0.34%
CENTA C -0.33%
UAA C -0.33%
HTH B -0.32%
PAR B -0.31%
ZETA D -0.31%
RYI C -0.3%
RGNX F -0.29%
DOLE D -0.29%
VIAV B -0.29%
OXM D -0.28%
OPEN D -0.27%
EXPI C -0.27%
KOP C -0.27%
BRZE C -0.27%
DOCN D -0.26%
EXTR B -0.26%
OCFC B -0.26%
USNA C -0.25%
BZH B -0.25%
CARG C -0.25%
CALX D -0.24%
INTA A -0.23%
SPT C -0.23%
CGEM F -0.23%
OBK B -0.22%
CSGS B -0.21%
VERV F -0.21%
SPTN D -0.21%
PSCF A -0.2%
SDGR C -0.19%
FWRG C -0.19%
SAGE F -0.18%
PRA C -0.17%
CARS B -0.17%
BY B -0.17%
ARLO C -0.17%
ASAN C -0.17%
LMB A -0.17%
ALKT B -0.16%
AMCX C -0.16%
MBIN D -0.15%
ATEN B -0.15%
CERT F -0.15%
FC F -0.14%
COUR F -0.13%
VSAT F -0.12%
UDMY F -0.12%
GDYN B -0.12%
YEXT A -0.12%
HSTM B -0.11%
ALTG C -0.1%
BASE C -0.1%
NABL F -0.1%
RGP F -0.1%
HVT D -0.1%
ZIP F -0.09%
MITK C -0.09%
CHGG D -0.09%
BIGC C -0.08%
NEWT B -0.08%
ENFN A -0.08%
HCAT D -0.07%
IRBT F -0.06%
EB C -0.06%
SAVE D -0.05%
SEMR B -0.04%
HMST D -0.04%
GPRO F -0.04%
DOMO C -0.04%
VRA F -0.03%
RMAX C -0.03%
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