MNA vs. RSPH ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to Invesco S&P 500 Equal Weight Health Care ETF (RSPH)
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
$32.80
Average Daily Volume
49,131
44
RSPH
Invesco S&P 500 Equal Weight Health Care ETF
RSPH Description
The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of all of the components of the S&P 500® Health Care Index, an index that contains the common stocks of all companies included in the S&P 500® Index that are classified as members of the health care sector, as defined according to the Global Industry Classification Standard (GICS).Grade (RS Rating)
Last Trade
$30.68
Average Daily Volume
61,343
61
Performance
| Period | MNA | RSPH |
|---|---|---|
| 30 Days | -0.18% | -1.00% |
| 60 Days | -0.27% | -4.48% |
| 90 Days | 0.61% | -3.57% |
| 12 Months | 6.73% | 12.19% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MNA | Weight in RSPH | Overlap | |
|---|---|---|---|---|---|
| CTLT | B | 5.63% | 1.68% | 1.68% |
MNA Overweight 43 Positions Relative to RSPH
| Symbol | Grade | Weight | |
|---|---|---|---|
| DFS | B | 8.65% | |
| JNPR | F | 4.99% | |
| HCP | B | 4.36% | |
| FYBR | D | 3.64% | |
| MRO | B | 3.51% | |
| SMAR | A | 3.2% | |
| ALTR | B | 3.12% | |
| BALY | C | 2.82% | |
| ALE | A | 2.69% | |
| ENV | B | 2.59% | |
| K | A | 2.47% | |
| AXNX | C | 2.39% | |
| AY | B | 2.1% | |
| B | B | 2.08% | |
| IBTX | B | 2.04% | |
| RCM | F | 2.01% | |
| SPR | D | 1.97% | |
| INFN | C | 1.72% | |
| NAPA | B | 1.6% | |
| EVRI | A | 1.59% | |
| SASR | B | 1.5% | |
| VZIO | A | 1.31% | |
| HTLF | B | 1.25% | |
| FBMS | B | 1.19% | |
| ZUO | B | 1.18% | |
| AGS | A | 0.84% | |
| HAYN | C | 0.77% | |
| PFC | A | 0.65% | |
| GATO | D | 0.41% | |
| CFB | B | 0.4% | |
| PGRU | A | 0.35% | |
| RVNC | F | 0.32% | |
| SRDX | B | 0.27% | |
| BUSE | B | -0.42% | |
| WSBC | A | -0.66% | |
| RNST | B | -1.2% | |
| CDE | D | -1.2% | |
| UMBF | B | -1.28% | |
| AUB | B | -1.5% | |
| BA | F | -1.63% | |
| SSB | B | -2.03% | |
| IP | B | -4.24% | |
| COF | B | -9.37% |
MNA Underweight 60 Positions Relative to RSPH
| Symbol | Grade | Weight | |
|---|---|---|---|
| INCY | C | -2.08% | |
| BMY | B | -2.02% | |
| MCK | B | -2.0% | |
| WAT | B | -1.96% | |
| WST | C | -1.91% | |
| PODD | C | -1.9% | |
| GILD | C | -1.89% | |
| ISRG | A | -1.86% | |
| VTRS | A | -1.84% | |
| DXCM | D | -1.83% | |
| LH | C | -1.83% | |
| CAH | B | -1.82% | |
| BSX | B | -1.79% | |
| SYK | C | -1.76% | |
| ZBH | C | -1.74% | |
| DGX | A | -1.73% | |
| COR | B | -1.72% | |
| UNH | C | -1.7% | |
| VRTX | F | -1.69% | |
| ABT | B | -1.68% | |
| CRL | C | -1.68% | |
| SOLV | C | -1.65% | |
| BDX | F | -1.65% | |
| TECH | D | -1.65% | |
| EW | C | -1.64% | |
| RVTY | F | -1.62% | |
| GEHC | F | -1.62% | |
| MDT | D | -1.62% | |
| HOLX | D | -1.62% | |
| HSIC | B | -1.61% | |
| A | D | -1.61% | |
| CVS | D | -1.61% | |
| DVA | B | -1.6% | |
| RMD | C | -1.58% | |
| JNJ | D | -1.56% | |
| ALGN | D | -1.55% | |
| ZTS | D | -1.55% | |
| STE | F | -1.54% | |
| MTD | D | -1.52% | |
| CI | F | -1.51% | |
| PFE | D | -1.51% | |
| AMGN | D | -1.51% | |
| HUM | C | -1.5% | |
| HCA | F | -1.49% | |
| TMO | F | -1.48% | |
| DHR | F | -1.48% | |
| ABBV | D | -1.48% | |
| UHS | D | -1.47% | |
| MOH | F | -1.45% | |
| IDXX | F | -1.44% | |
| MRK | F | -1.44% | |
| IQV | D | -1.44% | |
| LLY | F | -1.44% | |
| BIIB | F | -1.43% | |
| BAX | D | -1.36% | |
| TFX | F | -1.32% | |
| CNC | D | -1.32% | |
| ELV | F | -1.26% | |
| REGN | F | -1.15% | |
| MRNA | F | -0.99% |
MNA: Top Represented Industries & Keywords
RSPH: Top Represented Industries & Keywords
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