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

Number of Holdings *

44

* may have additional holdings in another (foreign) market
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

Number of Holdings *

49

* may have additional holdings in another (foreign) market
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%
3 Overlapping Holdings
Symbol Grade Weight in MNA Weight in SIXG Overlap
HCP B 4.36% 1.5% 1.5%
INFN D 1.72% 1.49% 1.49%
JNPR D 4.99% 1.46% 1.46%
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%
Compare ETFs