MNA vs. HERO ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to Global X Video Games & Esports ETF (HERO)
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
44
HERO
Global X Video Games & Esports ETF
HERO Description
The Global X Video Games & Esports ETF (HERO) seeks to invest in companies that develop or publish video games, facilitate the streaming and distribution of video gaming or esports content, own and operate within competitive esports leagues, or produce hardware used in video games and esports, including augmented and virtual reality.Grade (RS Rating)
Last Trade
$23.69
Average Daily Volume
50,656
13
Performance
| Period | MNA | HERO |
|---|---|---|
| 30 Days | -0.18% | 3.95% |
| 60 Days | -0.27% | 3.45% |
| 90 Days | 0.61% | 3.27% |
| 12 Months | 6.73% | 18.98% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MNA | Weight in HERO | Overlap |
|---|
MNA Overweight 44 Positions Relative to HERO
| 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% | |
| ALTR | B | 3.12% | |
| BALY | C | 2.82% | |
| ALE | A | 2.69% | |
| ENV | B | 2.59% | |
| 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% | |
| INFN | C | 1.72% | |
| 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% | |
| AGS | A | 0.84% | |
| 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% | |
| WSBC | A | -0.66% | |
| 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: Top Represented Industries & Keywords
HERO: Top Represented Industries & Keywords
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