NRSH vs. MNA ETF Comparison
Comparison of Aztlan North America Nearshoring Stock Selection ETF (NRSH) to IQ Merger Arbitrage ETF (MNA)
NRSH
Aztlan North America Nearshoring Stock Selection ETF
NRSH Description
The initial universe for the index includes companies that, according to GICS classifications, belong to one of the following industries or sub-industries: (a) Industrial REITs, (b) Office REITs, (c) Real Estate Management & Development, (d) Specialized REITs, (e) Ground Transportation, (f) Air Freight & Logistics, (g) Transportation Infrastructure, or (h) Marine Transportation. The fund will invest all, or substantially all, of its assets in the component securities that make up the index. It is non-diversified.
Grade (RS Rating)
Last Trade
$21.02
Average Daily Volume
654
8
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
$32.02
Average Daily Volume
33,473
42
Performance
| Period | NRSH | MNA |
|---|---|---|
| 30 Days | 2.49% | 2.81% |
| 60 Days | 0.87% | 3.09% |
| 90 Days | 0.29% | 3.57% |
| 12 Months | 2.95% |
0 Overlapping Holdings
| Symbol | Grade | Weight in NRSH | Weight in MNA | Overlap |
|---|
NRSH Underweight 42 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| DFS | B | -6.83% | |
| ANSS | C | -6.34% | |
| X | C | -6.33% | |
| ETRN | D | -5.91% | |
| CTLT | B | -5.52% | |
| JNPR | B | -4.93% | |
| HCP | B | -4.45% | |
| MRO | B | -3.27% | |
| SWN | D | -2.73% | |
| CERE | D | -2.73% | |
| ALE | C | -2.47% | |
| AXNX | B | -2.36% | |
| HIBB | A | -2.32% | |
| CHX | D | -2.1% | |
| OLK | A | -2.06% | |
| WIRE | A | -1.97% | |
| PRFT | C | -1.95% | |
| IBTX | B | -1.51% | |
| VZIO | B | -1.12% | |
| MGRC | D | -1.09% | |
| SRCL | B | -0.88% | |
| HAYN | B | -0.77% | |
| EVBG | B | -0.77% | |
| AGS | B | -0.77% | |
| OSG | A | -0.73% | |
| AMK | B | -0.71% | |
| HA | C | -0.61% | |
| NWLI | A | -0.58% | |
| SLCA | D | -0.48% | |
| HTLF | A | -0.35% | |
| SRDX | A | -0.3% | |
| FA | D | --0.26% | |
| UMBF | A | --0.36% | |
| WSC | F | --0.44% | |
| AA | D | --0.9% | |
| SSB | B | --1.52% | |
| SLB | D | --2.19% | |
| CHK | D | --2.88% | |
| IP | C | --3.4% | |
| SNPS | B | --4.07% | |
| EQT | D | --5.92% | |
| COF | C | --7.3% |
NRSH: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords
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