MNA vs. SIXG ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to Defiance Connective Technologies ETF (SIXG)
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
$32.78
Average Daily Volume
48,345
44
SIXG
Defiance Connective Technologies ETF
SIXG Description
The fund uses a passive management approach to track the total return performance, before fees and expenses, of the index. The index is a rules-based index that consists of a tiered, modified market capitalization-weighted portfolio of the U.S.-listed equity securities, including depositary receipts, of companies whose products or services are predominantly tied to the development of 5G networking and communication technologies (collectively, "5G Companies").Grade (RS Rating)
Last Trade
$45.70
Average Daily Volume
19,027
49
Performance
Period | MNA | SIXG |
---|---|---|
30 Days | -0.33% | 2.19% |
60 Days | -0.36% | 6.85% |
90 Days | 0.55% | 7.91% |
12 Months | 6.67% |
MNA Overweight 41 Positions Relative to SIXG
Symbol | Grade | Weight | |
---|---|---|---|
DFS | B | 8.65% | |
CTLT | C | 5.63% | |
FYBR | C | 3.64% | |
MRO | B | 3.51% | |
SMAR | B | 3.2% | |
ALTR | B | 3.12% | |
BALY | B | 2.82% | |
ALE | A | 2.69% | |
ENV | B | 2.59% | |
K | A | 2.47% | |
AXNX | A | 2.39% | |
AY | A | 2.1% | |
B | A | 2.08% | |
IBTX | B | 2.04% | |
RCM | A | 2.01% | |
SPR | D | 1.97% | |
NAPA | A | 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 | A | 0.77% | |
PFC | B | 0.65% | |
GATO | C | 0.41% | |
CFB | B | 0.4% | |
PGRU | A | 0.35% | |
RVNC | F | 0.32% | |
SRDX | B | 0.27% | |
BUSE | B | -0.42% | |
WSBC | B | -0.66% | |
RNST | B | -1.2% | |
CDE | C | -1.2% | |
UMBF | B | -1.28% | |
AUB | B | -1.5% | |
BA | F | -1.63% | |
SSB | B | -2.03% | |
IP | A | -4.24% | |
COF | C | -9.37% |
MNA Underweight 46 Positions Relative to SIXG
Symbol | Grade | Weight | |
---|---|---|---|
NVDA | B | -5.65% | |
ORCL | A | -5.22% | |
AVGO | D | -4.84% | |
AAPL | C | -4.7% | |
CSCO | B | -4.16% | |
QCOM | F | -3.32% | |
ANET | C | -2.67% | |
MRVL | B | -2.39% | |
CRDO | B | -2.2% | |
GSAT | C | -2.15% | |
DDOG | A | -2.09% | |
IDCC | B | -2.02% | |
CIEN | C | -1.9% | |
ERIC | C | -1.86% | |
KD | B | -1.83% | |
NOK | D | -1.82% | |
ATEN | A | -1.82% | |
FFIV | B | -1.8% | |
MTSI | B | -1.8% | |
CSGS | B | -1.74% | |
VIAV | C | -1.72% | |
KEYS | A | -1.71% | |
NTAP | C | -1.68% | |
TMUS | B | -1.66% | |
EXTR | C | -1.64% | |
NTCT | C | -1.63% | |
DT | D | -1.62% | |
SWI | C | -1.55% | |
IRDM | D | -1.53% | |
DOX | D | -1.52% | |
ARM | F | -1.51% | |
T | A | -1.48% | |
MXL | C | -1.46% | |
AKAM | D | -1.44% | |
EQIX | A | -1.44% | |
DOCN | C | -1.35% | |
VZ | C | -1.33% | |
SWKS | F | -1.32% | |
NPAB | F | -1.29% | |
NABL | F | -1.24% | |
CCI | C | -1.21% | |
CALX | D | -1.21% | |
COMM | D | -1.17% | |
AMT | C | -1.15% | |
QRVO | F | -0.94% | |
VSAT | F | -0.72% |
MNA: Top Represented Industries & Keywords
SIXG: Top Represented Industries & Keywords