MNA vs. KBWR ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to PowerShares KBW Regional Banking Portfolio ETF (KBWR)
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
KBWR
PowerShares KBW Regional Banking Portfolio ETF
KBWR Description
The PowerShares KBW Regional Banking Portfolio (Fund) is based on the KBW Regional Banking Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Underlying Index. The Index is an equal weighted float-adjusted market capitalization index that seeks to reflect the performance of publicly traded companies that do business as regional banks or thrifts listed on US stock markets. The Index is compiled, maintained and calculated by KBW and is composed of approximately 50 companies. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$64.71
Average Daily Volume
5,134
49
Performance
| Period | MNA | KBWR |
|---|---|---|
| 30 Days | -0.97% | 9.20% |
| 60 Days | -0.91% | 13.11% |
| 90 Days | -0.18% | 17.73% |
| 12 Months | 6.15% | 41.09% |
MNA Overweight 42 Positions Relative to KBWR
| 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% | |
| ENV | B | 2.56% | |
| 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% | |
| BA | D | -1.69% | |
| IP | A | -4.38% | |
| COF | B | -9.54% |
MNA Underweight 46 Positions Relative to KBWR
| Symbol | Grade | Weight | |
|---|---|---|---|
| WBS | A | -4.09% | |
| PNFP | B | -3.8% | |
| CBSH | A | -3.63% | |
| BPOP | C | -2.87% | |
| CFR | B | -2.22% | |
| SNV | B | -2.2% | |
| COLB | B | -2.18% | |
| TCBI | B | -2.17% | |
| GBCI | B | -2.13% | |
| ASB | B | -2.12% | |
| WTFC | B | -2.11% | |
| CADE | B | -2.1% | |
| VLY | B | -2.09% | |
| CATY | B | -2.07% | |
| ABCB | B | -2.03% | |
| FFIN | B | -2.01% | |
| CBU | B | -1.99% | |
| OZK | B | -1.97% | |
| HWC | B | -1.96% | |
| FHB | B | -1.95% | |
| BOKF | B | -1.95% | |
| ONB | B | -1.95% | |
| PB | A | -1.94% | |
| EBC | B | -1.93% | |
| FNB | B | -1.93% | |
| UBSI | B | -1.92% | |
| HOMB | A | -1.91% | |
| FULT | B | -1.9% | |
| FIBK | B | -1.89% | |
| UCB | A | -1.86% | |
| WSFS | B | -1.85% | |
| FBP | B | -1.76% | |
| SFNC | B | -1.75% | |
| BOH | B | -1.74% | |
| CVBF | B | -1.71% | |
| INDB | B | -1.69% | |
| WAFD | B | -1.68% | |
| BKU | A | -1.63% | |
| PFS | B | -1.56% | |
| FFBC | B | -1.52% | |
| PPBI | B | -1.51% | |
| BANC | B | -1.44% | |
| TRMK | B | -1.33% | |
| FCF | B | -1.07% | |
| HOPE | B | -0.92% | |
| BRKL | B | -0.61% |
MNA: Top Represented Industries & Keywords
KBWR: Top Represented Industries & Keywords
Compare ETFs
