MNA vs. NSCS ETF Comparison

Comparison of IQ Merger Arbitrage ETF (MNA) to Nuveen Small Cap Select ETF (NSCS)
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

$32.95

Average Daily Volume

60,238

Number of Holdings *

49

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

Nuveen Small Cap Select ETF

NSCS Description The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in exchange-traded common stocks of small-capitalization companies. It may invest up to 15% of its total assets in non-dollar denominated equity securities of non-U.S. issuers listed on a foreign exchange that trade on such exchange contemporaneously with the shares of the fund. Up to 15% of the fund's total assets may be invested in equity securities of emerging market issuers.

Grade (RS Rating)

Last Trade

$27.50

Average Daily Volume

1,075

Number of Holdings *

74

* may have additional holdings in another (foreign) market
Performance
Period MNA NSCS
30 Days 0.67% -0.74%
60 Days 2.42% 4.80%
90 Days 3.98% 6.95%
12 Months 5.83% 25.59%
3 Overlapping Holdings
Symbol Grade Weight in MNA Weight in NSCS Overlap
ENV C 2.56% 0.88% 0.88%
EVRI A 1.52% 1.32% 1.32%
SSB C -1.85% 1.83% -1.85%
MNA Overweight 46 Positions Relative to NSCS
Symbol Grade Weight
DFS C 6.74%
CTLT A 5.71%
JNPR B 5.05%
HCP B 4.32%
MRO D 3.16%
SHV B 2.91%
BALY A 2.73%
SRCL B 2.65%
INST B 2.62%
ALE A 2.6%
SQSP A 2.59%
AXNX A 2.34%
CHX D 2.26%
PWSC C 2.26%
PRFT A 2.0%
K B 1.9%
IBTX D 1.82%
INFN C 1.72%
AY C 1.64%
SPR D 1.63%
RCM B 1.6%
SRCL B 1.26%
VZIO A 1.25%
TELL B 1.21%
FBMS D 1.01%
HTLF C 0.86%
AGS B 0.76%
HAYN B 0.74%
PETQ A 0.68%
AAN C 0.63%
CHUY B 0.44%
PFC D 0.41%
CFB D 0.3%
RVNC F 0.28%
SRDX D 0.27%
PGRU A 0.27%
CLF D -0.23%
BUSE D -0.3%
FA A -0.4%
WSBC D -0.41%
UMBF C -0.88%
RNST D -1.02%
BA F -1.38%
SLB D -2.3%
IP C -3.71%
COF C -7.42%
MNA Underweight 71 Positions Relative to NSCS
Symbol Grade Weight
EVR C -2.49%
WTFC D -2.22%
PIPR B -2.21%
NOG F -1.72%
PRMW C -1.72%
BANR C -1.65%
MMSI C -1.61%
ESE B -1.61%
ACA C -1.58%
AIT B -1.57%
FLR D -1.52%
AVNT C -1.52%
HQY C -1.52%
AVAV B -1.52%
EHC B -1.49%
FIBK D -1.47%
EGP D -1.47%
TPH C -1.47%
STAG D -1.45%
MGNI D -1.44%
SHAK C -1.42%
WK D -1.41%
MMS B -1.4%
KTOS A -1.39%
TROX D -1.38%
SUM D -1.38%
SIG C -1.38%
SHOO A -1.38%
QTWO C -1.37%
CMC D -1.37%
BYD C -1.35%
ONTO B -1.34%
ASGN D -1.34%
HOMB D -1.33%
BKH C -1.3%
NPO C -1.3%
LITE A -1.3%
GDYN B -1.25%
OPCH F -1.19%
ARCB D -1.19%
RDNT C -1.18%
MTDR F -1.14%
CVLT C -1.14%
ICHR D -1.11%
PFBC D -1.1%
GKOS B -1.09%
SLAB D -1.04%
LADR D -1.02%
BRBR C -1.02%
SR C -0.92%
SEM D -0.92%
RBRK F -0.92%
PRI A -0.88%
KEX C -0.87%
DAN D -0.85%
ZD D -0.82%
INN A -0.79%
FROG F -0.78%
SIBN F -0.74%
TTMI D -0.73%
INSM D -0.72%
KRYS D -0.71%
CRNX C -0.69%
PCVX B -0.67%
ESTA D -0.66%
HALO D -0.64%
ARHS F -0.62%
MDGL F -0.48%
TCMD B -0.48%
IMVT F -0.46%
BPMC F -0.32%
Compare ETFs