MNA vs. PCIG ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to Polen Capital International Growth ETF (PCIG)
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
PCIG
Polen Capital International Growth ETF
PCIG Description
PCIG aims to deliver sustainable, above-average earnings growth and long-term stock price appreciation within the global ex-US equity market. The strategy is rooted in fundamental research, selecting 25-35 large-cap growth companies with a sustainable edge like consistent earnings growth, robust balance sheets, and shareholder-oriented management teams. Such companies are selected within industries characterized by high barriers to entry, such as those requiring substantial capital investment, government approvals, or significant intellectual property. Moreover, it integrates ESG factors into the investment process. While the fund may concentrate investments in the consumer discretionary and financial sectors, it avoids over-concentration in any one industry. Investments are typically held for the long term but are subject to period review and potential sale based on changing market conditions, company performance, or perceived threats to competitive advantage.Grade (RS Rating)
Last Trade
$9.25
Average Daily Volume
5,919
10
Performance
| Period | MNA | PCIG |
|---|---|---|
| 30 Days | -0.97% | -5.94% |
| 60 Days | -0.91% | -6.43% |
| 90 Days | -0.18% | -6.80% |
| 12 Months | 6.15% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MNA | Weight in PCIG | Overlap |
|---|
MNA Overweight 45 Positions Relative to PCIG
| 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: Top Represented Industries & Keywords
PCIG: Top Represented Industries & Keywords
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