MNA vs. XOP ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to SPDR S&P Oil & Gas Exploration & Production ETF (XOP)
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
$32.87
Average Daily Volume
41,877
51
XOP
SPDR S&P Oil & Gas Exploration & Production ETF
XOP Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the oil and gas exploration and production segment of a U.S. total market composite index. In seeking to track the performance of the S&P Oil & Gas Exploration & Production Select Industry Index, the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the oil and gas exploration and production industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$133.93
Average Daily Volume
2,892,013
48
Performance
| Period | MNA | XOP |
|---|---|---|
| 30 Days | 0.65% | -2.09% |
| 60 Days | 2.31% | -8.12% |
| 90 Days | 5.42% | -6.08% |
| 12 Months | 5.61% | -5.18% |
MNA Overweight 49 Positions Relative to XOP
| Symbol | Grade | Weight | |
|---|---|---|---|
| DFS | B | 6.38% | |
| CTLT | B | 5.69% | |
| JNPR | A | 5.04% | |
| HCP | A | 4.34% | |
| BALY | B | 2.73% | |
| SRCL | B | 2.66% | |
| INST | D | 2.63% | |
| ALE | B | 2.61% | |
| SQSP | A | 2.6% | |
| ENV | C | 2.58% | |
| AXNX | A | 2.34% | |
| PWSC | C | 2.26% | |
| CHX | D | 2.06% | |
| PRFT | A | 2.01% | |
| K | A | 1.89% | |
| IBTX | C | 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% | |
| SRCL | B | 1.24% | |
| HA | A | 1.23% | |
| FBMS | B | 0.99% | |
| 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 | C | 0.44% | |
| PFC | C | 0.42% | |
| RVNC | D | 0.34% | |
| CFB | D | 0.3% | |
| SRDX | D | 0.27% | |
| PGRU | A | 0.27% | |
| CLF | F | -0.21% | |
| BUSE | C | -0.3% | |
| FA | B | -0.4% | |
| WSBC | D | -0.43% | |
| UMBF | B | -0.85% | |
| RNST | D | -1.01% | |
| BA | F | -1.44% | |
| SSB | B | -1.75% | |
| SLB | F | -2.13% | |
| IP | C | -3.61% | |
| COF | A | -6.9% |
MNA Underweight 46 Positions Relative to XOP
| Symbol | Grade | Weight | |
|---|---|---|---|
| XOM | D | -3.21% | |
| EOG | D | -3.18% | |
| COP | D | -2.99% | |
| MPC | F | -2.98% | |
| PSX | D | -2.92% | |
| FANG | D | -2.89% | |
| CVX | D | -2.88% | |
| SWN | D | -2.85% | |
| VLO | F | -2.83% | |
| MTDR | F | -2.83% | |
| HES | D | -2.81% | |
| DVN | F | -2.8% | |
| PR | D | -2.77% | |
| CTRA | D | -2.73% | |
| APA | F | -2.71% | |
| CHK | D | -2.71% | |
| DINO | F | -2.71% | |
| OVV | F | -2.7% | |
| OXY | F | -2.7% | |
| CNX | A | -2.68% | |
| EQT | D | -2.67% | |
| RRC | D | -2.64% | |
| CIVI | F | -2.63% | |
| CHRD | F | -2.61% | |
| AR | F | -2.55% | |
| MGY | C | -2.49% | |
| SM | D | -2.44% | |
| MUR | F | -2.35% | |
| PBF | F | -2.17% | |
| NOG | D | -1.8% | |
| TPL | A | -1.64% | |
| CRC | C | -1.45% | |
| KOS | F | -1.22% | |
| GPOR | D | -0.91% | |
| TALO | D | -0.9% | |
| DK | F | -0.74% | |
| PARR | F | -0.68% | |
| CRK | D | -0.63% | |
| CRGY | D | -0.62% | |
| GPRE | F | -0.56% | |
| CVI | F | -0.4% | |
| REX | D | -0.37% | |
| EGY | D | -0.25% | |
| BRY | F | -0.25% | |
| CLNE | C | -0.17% | |
| SD | D | -0.16% |
MNA: Top Represented Industries & Keywords
XOP: Top Represented Industries & Keywords
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