MNA vs. SMLV ETF Comparison

Comparison of IQ Merger Arbitrage ETF (MNA) to SPDR Russell 2000 Low Volatility (SMLV)
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

$33.02

Average Daily Volume

41,591

Number of Holdings *

51

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

SPDR Russell 2000 Low Volatility

SMLV Description The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of a small cap, low volatility index. The fund employs a sampling strategy, which means that the fund is not required to purchase all of the securities represented in the index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index includes small cap U.S. equity securities, including business development companies, and is designed to deliver exposure to low volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$127.10

Average Daily Volume

11,425

Number of Holdings *

403

* may have additional holdings in another (foreign) market
Performance
Period MNA SMLV
30 Days 1.17% 3.68%
60 Days 3.00% 3.81%
90 Days 5.91% 17.89%
12 Months 5.73% 27.47%
8 Overlapping Holdings
Symbol Grade Weight in MNA Weight in SMLV Overlap
BUSE C -0.3% 1.04% -0.3%
ENV C 2.58% 0.07% 0.07%
FBMS B 0.99% 0.65% 0.65%
SQSP A 2.6% 0.08% 0.08%
SRCL A 2.66% 0.1% 0.1%
SRCL A 1.24% 0.1% 0.1%
SRDX D 0.27% 0.05% 0.05%
WSBC D -0.43% 0.84% -0.43%
MNA Overweight 43 Positions Relative to SMLV
Symbol Grade Weight
DFS C 6.38%
CTLT B 5.69%
JNPR A 5.04%
HCP A 4.34%
MRO D 2.98%
BALY B 2.73%
INST D 2.63%
ALE A 2.61%
AXNX B 2.34%
PWSC C 2.26%
CHX D 2.06%
PRFT A 2.01%
K A 1.89%
IBTX B 1.74%
SPR D 1.67%
AY B 1.64%
INFN B 1.62%
RCM C 1.6%
EVRI C 1.52%
VZIO A 1.25%
HA A 1.23%
TELL C 1.19%
HTLF B 0.83%
AGS D 0.76%
SILK A 0.76%
WKME A 0.75%
HAYN D 0.75%
PETQ A 0.68%
AAN C 0.64%
CHUY B 0.44%
PFC C 0.42%
RVNC D 0.34%
CFB C 0.3%
PGRU B 0.27%
CLF F -0.21%
FA B -0.4%
UMBF B -0.85%
RNST D -1.01%
BA F -1.44%
SSB B -1.75%
SLB F -2.13%
IP B -3.61%
COF C -6.9%
MNA Underweight 396 Positions Relative to SMLV
Symbol Grade Weight
NNI B -1.77%
THG A -1.65%
PJT B -1.62%
CBU C -1.55%
VIRT B -1.51%
PRK C -1.38%
NBTB D -1.36%
ONB C -1.34%
ESGR D -1.26%
CHCO B -1.23%
NWBI C -1.17%
FFIN B -1.15%
TOWN B -1.13%
NBHC C -1.08%
GCMG B -1.07%
CNO B -1.07%
EFSC B -1.03%
IBOC C -1.02%
HMN C -1.01%
SASR B -1.01%
FCF C -1.0%
MGRC F -1.0%
STBA B -0.99%
SYBT B -0.99%
WAFD B -0.98%
RDN B -0.93%
FULT C -0.92%
WABC D -0.92%
NIC C -0.91%
TRMK C -0.91%
HOMB B -0.9%
WU D -0.89%
QCRH B -0.88%
EIG B -0.87%
SAFT C -0.86%
GBCI B -0.86%
AGM D -0.83%
BLX C -0.82%
GABC C -0.8%
LKFN C -0.79%
SFNC B -0.79%
SRCE C -0.75%
EQC B -0.74%
PEBO C -0.74%
EVTC D -0.7%
SBSI B -0.69%
AMSF C -0.67%
OBK C -0.66%
BRKL C -0.63%
CTBI B -0.62%
PAX D -0.61%
UVSP B -0.59%
BFC B -0.59%
BHRB C -0.59%
FMBH B -0.59%
TMP C -0.54%
HFWA C -0.54%
CFFN C -0.53%
NFG B -0.52%
FCBC B -0.48%
TRIN D -0.45%
TRST C -0.44%
CAC C -0.39%
FMNB B -0.39%
MCBS B -0.39%
GSBC C -0.37%
CCNE C -0.36%
HONE C -0.36%
HTBI B -0.36%
AROW C -0.35%
THFF B -0.35%
NFBK C -0.33%
BHB B -0.33%
CCBG B -0.32%
MPB B -0.31%
ESQ B -0.31%
DHIL B -0.31%
FLO C -0.31%
EBF B -0.3%
SMBK B -0.3%
ALRS C -0.29%
BSRR B -0.28%
SPFI B -0.28%
GLRE B -0.27%
KRNY C -0.27%
HIFS B -0.27%
IDA B -0.26%
ORRF B -0.26%
FMAO B -0.25%
AGX C -0.25%
ACNB C -0.25%
NWE A -0.25%
ARTNA C -0.24%
PNM B -0.24%
FSBC B -0.24%
FBIZ B -0.24%
NHC D -0.23%
PECO B -0.23%
MGEE B -0.22%
CPK B -0.22%
BKH B -0.22%
PFIS C -0.22%
SLGN B -0.21%
SBR D -0.21%
CZNC C -0.21%
FSBW B -0.21%
SR B -0.21%
BWB B -0.21%
EBTC B -0.21%
HBCP B -0.21%
NWN B -0.2%
GNTY B -0.2%
WTBA C -0.2%
DEA B -0.19%
NPK C -0.19%
OKLO F -0.19%
GTY B -0.19%
FLIC B -0.19%
TRC C -0.18%
PSTL B -0.18%
WSBF B -0.18%
FNLC C -0.18%
VLGEA B -0.18%
SXT C -0.17%
CSWI B -0.17%
FRST D -0.17%
JJSF C -0.16%
ICFI C -0.16%
CTO C -0.16%
CBNK B -0.16%
TRS D -0.15%
PBH B -0.15%
CSR B -0.15%
BNL B -0.15%
LXP B -0.15%
GPOR C -0.15%
BRC B -0.15%
CMPO B -0.15%
HTLD D -0.15%
CVLT B -0.14%
UTMD F -0.14%
HSTM C -0.14%
UNF B -0.14%
FELE C -0.14%
BMI B -0.14%
NTST D -0.14%
WERN D -0.14%
FCPT A -0.14%
EXPO B -0.14%
NHI A -0.14%
LTC B -0.14%
SMP C -0.13%
SNDR B -0.13%
PKE D -0.13%
GATX D -0.13%
PLXS B -0.13%
COLM B -0.13%
GENC C -0.13%
KREF B -0.13%
CTRE B -0.13%
GOOD B -0.13%
UHT B -0.13%
CALM B -0.13%
ARKO C -0.13%
CBZ F -0.12%
HNI B -0.12%
CSGS C -0.12%
VMI D -0.12%
MRTN D -0.12%
AFCG C -0.12%
GEF D -0.12%
HIW B -0.12%
SCL D -0.12%
ADMA B -0.12%
BCAL D -0.12%
ACA C -0.12%
UFPT C -0.12%
HWKN B -0.12%
MLR D -0.11%
DORM B -0.11%
ASH D -0.11%
HCKT B -0.11%
ICUI B -0.11%
BHE C -0.11%
ROAD B -0.11%
ADUS B -0.11%
TGNA C -0.11%
INVA B -0.11%
FTDR B -0.11%
PINC C -0.11%
PRGS C -0.11%
CUZ B -0.11%
ESE B -0.11%
NOMD B -0.11%
IRT B -0.11%
MWA C -0.11%
KW C -0.11%
FSS D -0.11%
OSIS C -0.11%
GRC D -0.11%
JBSS D -0.11%
PAHC B -0.1%
CCOI C -0.1%
AHH B -0.1%
ACIW B -0.1%
WEN C -0.1%
GMRE C -0.1%
JBGS B -0.1%
MOG.A B -0.1%
GHC C -0.1%
CASS D -0.1%
NTCT D -0.1%
HCC F -0.1%
WDFC B -0.1%
AROC C -0.1%
DEI B -0.1%
MSGS B -0.1%
LMAT B -0.1%
LNN C -0.1%
RGP F -0.1%
BFS C -0.1%
HUBG C -0.1%
PSMT B -0.09%
LILAK D -0.09%
RLGT C -0.09%
WINA C -0.09%
ALG D -0.09%
CHCT F -0.09%
RDWR C -0.09%
PLOW C -0.09%
RNGR C -0.09%
HSII C -0.09%
DNB C -0.09%
BLKB B -0.09%
PCH C -0.09%
TRNS C -0.09%
INSM D -0.09%
RUSHA C -0.09%
ITGR B -0.08%
MRCY C -0.08%
AZZ C -0.08%
EPAC B -0.08%
HURN C -0.08%
GLDD C -0.08%
ENS C -0.08%
APLE D -0.08%
NCNO D -0.08%
ABM D -0.08%
MTX D -0.08%
IOSP D -0.08%
FPI D -0.08%
MGIC C -0.08%
KAI C -0.08%
SXI C -0.08%
PRIM C -0.08%
LOPE D -0.08%
VAL F -0.08%
BBSI B -0.08%
LZB C -0.08%
AVT D -0.08%
KFRC D -0.08%
CRC C -0.08%
TNC D -0.08%
ATNI C -0.08%
OMCL C -0.08%
PBT D -0.08%
MLAB C -0.07%
ITRN C -0.07%
FUL D -0.07%
CENT D -0.07%
AMSWA C -0.07%
TTMI D -0.07%
SUPN C -0.07%
SANM D -0.07%
SFL D -0.07%
KN D -0.07%
CTS D -0.07%
SPOK C -0.07%
SHOO B -0.07%
LAUR B -0.07%
CNNE D -0.07%
PRGO D -0.07%
AVNS B -0.07%
CACC D -0.07%
PRDO D -0.07%
CRI C -0.07%
APOG B -0.07%
BOX B -0.07%
PLUS B -0.07%
FORR D -0.07%
WEYS B -0.07%
SXC F -0.07%
SPNS D -0.07%
SATS B -0.07%
RGR F -0.07%
FSTR F -0.06%
VPG F -0.06%
AMED C -0.06%
NVEC D -0.06%
SCSC D -0.06%
CABO F -0.06%
DK F -0.06%
JOUT D -0.06%
IBEX B -0.06%
MEI F -0.06%
ATEX C -0.06%
CORT B -0.06%
STRA D -0.06%
VSH D -0.06%
SEM D -0.06%
JBT D -0.06%
GPRK F -0.06%
CSV B -0.06%
OFIX D -0.06%
AIN D -0.06%
VIAV D -0.06%
HUN D -0.06%
GPI B -0.06%
CVCO B -0.06%
TPH C -0.06%
CNXC D -0.06%
MMSI B -0.06%
NARI F -0.05%
WK D -0.05%
JBI F -0.05%
SCHL D -0.05%
XNCR C -0.05%
FORM F -0.05%
HRMY B -0.05%
BOWL D -0.05%
NATR F -0.05%
BL D -0.05%
PZZA D -0.05%
SHEN F -0.05%
POWI F -0.05%
AEIS D -0.05%
AMN F -0.05%
AMPH C -0.05%
ASGN D -0.05%
LIVN D -0.05%
GKOS D -0.05%
ECVT F -0.05%
CNMD D -0.05%
IRDM D -0.05%
ZD D -0.05%
PDCO F -0.05%
ALKS C -0.05%
ARCH F -0.05%
CMCO F -0.05%
NVST D -0.05%
HAE D -0.05%
RDNT B -0.05%
AGIO D -0.05%
CEVA C -0.05%
SPB B -0.05%
ATEN C -0.05%
KIDS D -0.05%
IRMD B -0.05%
ETH D -0.05%
MATW F -0.05%
MNRO D -0.05%
ALRM F -0.04%
ARCO F -0.04%
ZIP D -0.04%
IPGP F -0.04%
IART F -0.04%
PTCT C -0.04%
IMTX C -0.04%
LEG D -0.04%
ANIP D -0.04%
USPH D -0.04%
NRC F -0.04%
OXM D -0.04%
RARE B -0.04%
TTGT F -0.04%
VECO F -0.04%
MYRG F -0.04%
NEOG C -0.04%
THRM D -0.04%
VRNT F -0.04%
MTRN D -0.04%
USNA F -0.04%
ANIK D -0.04%
OGN D -0.04%
AAP F -0.03%
CBRL D -0.03%
PCRX F -0.03%
HELE D -0.03%
IRWD F -0.03%
TBPH F -0.03%
VREX F -0.03%
HLF F -0.03%
HI F -0.03%
ATRC C -0.03%
ACAD F -0.02%
AZTA D -0.02%
Compare ETFs