MNA vs. NOBL ETF Comparison

Comparison of IQ Merger Arbitrage ETF (MNA) to ProShares S&P 500 Aristocrats ETF (NOBL)

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

$32.62

Average Daily Volume

49,064

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NOBL

ProShares S&P 500 Aristocrats ETF

NOBL Description

The investment seeks investment results before fees and expenses that track the performance of the S&P 500Â® Dividend AristocratsÂ® Index (the "index"). The fund will invest at least 80% of its total assets in component securities (i.e., securities of the index and comparable securities that have economic characteristics that are substantially identical to the economic characteristics of the securities of the index). The index contains a minimum of 40 stocks, which are equally weighted, and no single sector is allowed to comprise more than 30% of the index weight.

Grade (RS Rating)

Last Trade

$104.37

Average Daily Volume

417,159

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MNA	NOBL
30 Days	-0.97%	-2.83%
60 Days	-0.91%	-0.07%
90 Days	-0.18%	2.61%
12 Months	6.15%	19.12%

0 Overlapping Holdings

	Symbol	Grade	Weight in MNA	Weight in NOBL	Overlap

MNA Overweight 45 Positions Relative to NOBL

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%
UMBF	B	-1.29%
AUB	B	-1.51%
BA	D	-1.69%
SSB	B	-2.1%
IP	A	-4.38%
COF	B	-9.54%

MNA Underweight 65 Positions Relative to NOBL

Symbol	Grade	Weight
EMR	A	-1.77%
NUE	D	-1.72%
GWW	B	-1.66%
FAST	B	-1.66%
DOV	B	-1.65%
GPC	F	-1.64%
TROW	B	-1.62%
CINF	A	-1.61%
ITW	B	-1.61%
ABBV	F	-1.6%
SHW	C	-1.6%
ALB	B	-1.59%
BEN	C	-1.59%
ADP	B	-1.59%
CAH	B	-1.59%
CAT	C	-1.59%
ROP	C	-1.59%
NDSN	D	-1.58%
BRO	B	-1.58%
CTAS	B	-1.58%
CVX	A	-1.57%
SYY	D	-1.56%
PNR	B	-1.56%
CLX	A	-1.55%
CHRW	B	-1.53%
CHD	A	-1.53%
XOM	B	-1.53%
GD	D	-1.53%
TGT	B	-1.52%
SPGI	D	-1.52%
WMT	A	-1.52%
FRT	B	-1.51%
KVUE	A	-1.51%
EXPD	D	-1.51%
ATO	A	-1.5%
SJM	D	-1.49%
ABT	A	-1.49%
PPG	F	-1.49%
MCD	D	-1.48%
WST	D	-1.48%
IBM	C	-1.48%
LIN	D	-1.48%
LOW	C	-1.48%
ESS	A	-1.48%
AOS	F	-1.48%
APD	A	-1.47%
HRL	D	-1.47%
KMB	C	-1.46%
MDT	D	-1.46%
MKC	D	-1.46%
JNJ	D	-1.45%
AFL	C	-1.45%
ECL	D	-1.45%
PG	C	-1.45%
BDX	F	-1.44%
PEP	F	-1.44%
CB	C	-1.43%
KO	D	-1.43%
ADM	D	-1.4%
AMCR	D	-1.39%
ED	C	-1.38%
CL	D	-1.37%
NEE	C	-1.36%
SWK	F	-1.35%
O	C	-1.34%