MNA vs. LRGG ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to Macquarie Focused Large Growth ETF (LRGG)
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
$32.83
Average Daily Volume
52,891
44
LRGG
Macquarie Focused Large Growth ETF
LRGG Description
Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of large capitalization companies. The fund"s securities will primarily include equity securities of growth-oriented companies selected by Delaware Management Company, the fund"s investment adviser ("Manager") that the Manager believes are high quality and have competitively advantaged business models and growth potential over the long term. The fund is non-diversified.Grade (RS Rating)
Last Trade
$26.96
Average Daily Volume
4,168
19
Performance
| Period | MNA | LRGG |
|---|---|---|
| 30 Days | -0.36% | 0.72% |
| 60 Days | 0.31% | 0.18% |
| 90 Days | 2.05% | 4.30% |
| 12 Months | 5.88% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MNA | Weight in LRGG | Overlap |
|---|
MNA Overweight 44 Positions Relative to LRGG
| Symbol | Grade | Weight | |
|---|---|---|---|
| DFS | A | 7.23% | |
| CTLT | D | 5.72% | |
| JNPR | A | 5.11% | |
| HCP | A | 4.32% | |
| FYBR | A | 3.74% | |
| SHV | A | 3.27% | |
| MRO | C | 3.25% | |
| SMAR | A | 3.2% | |
| SRCL | A | 2.81% | |
| BALY | A | 2.75% | |
| ALE | A | 2.67% | |
| INST | A | 2.62% | |
| ENV | A | 2.57% | |
| K | A | 2.46% | |
| AXNX | A | 2.38% | |
| SPR | C | 2.13% | |
| AY | A | 2.08% | |
| RCM | A | 2.0% | |
| IBTX | B | 1.82% | |
| INFN | B | 1.75% | |
| EVRI | A | 1.58% | |
| SRCL | A | 1.46% | |
| VZIO | C | 1.33% | |
| HTLF | A | 1.08% | |
| FBMS | B | 1.04% | |
| PETQ | A | 0.85% | |
| AGS | A | 0.83% | |
| HAYN | A | 0.75% | |
| PFC | A | 0.55% | |
| GATO | B | 0.51% | |
| RVNC | C | 0.4% | |
| CFB | D | 0.37% | |
| PGRU | A | 0.35% | |
| SRDX | D | 0.26% | |
| CLF | C | -0.26% | |
| BUSE | D | -0.38% | |
| FA | D | -0.46% | |
| WSBC | A | -0.56% | |
| RNST | B | -1.05% | |
| UMBF | A | -1.1% | |
| SSB | B | -1.83% | |
| BA | F | -1.85% | |
| IP | A | -3.56% | |
| COF | A | -7.9% |
MNA Underweight 19 Positions Relative to LRGG
MNA: Top Represented Industries & Keywords
LRGG: Top Represented Industries & Keywords
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