NSCS vs. MNA ETF Comparison
Comparison of Nuveen Small Cap Select ETF (NSCS) to IQ Merger Arbitrage ETF (MNA)
NSCS
Nuveen Small Cap Select ETF
NSCS Description
The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in exchange-traded common stocks of small-capitalization companies. It may invest up to 15% of its total assets in non-dollar denominated equity securities of non-U.S. issuers listed on a foreign exchange that trade on such exchange contemporaneously with the shares of the fund. Up to 15% of the fund's total assets may be invested in equity securities of emerging market issuers.
Grade (RS Rating)
Last Trade
$25.87
Average Daily Volume
667
80
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
$31.97
Average Daily Volume
38,456
42
Performance
Period | NSCS | MNA |
---|---|---|
30 Days | -0.20% | 2.15% |
60 Days | -1.86% | 2.69% |
90 Days | -1.77% | 2.05% |
12 Months | 14.05% | 2.78% |
1 Overlapping Holdings
Symbol | Grade | Weight in NSCS | Weight in MNA | Overlap | |
---|---|---|---|---|---|
SSB | C | 1.47% | -1.52% | -1.52% |
NSCS Overweight 79 Positions Relative to MNA
Symbol | Grade | Weight | |
---|---|---|---|
WTFC | B | 2.21% | |
EVR | A | 2.19% | |
NOG | D | 2.04% | |
PIPR | A | 1.94% | |
QTWO | C | 1.73% | |
HQY | C | 1.66% | |
PRMW | D | 1.59% | |
MTDR | D | 1.54% | |
MGNI | B | 1.54% | |
CVLT | C | 1.53% | |
ICHR | B | 1.47% | |
AIT | D | 1.45% | |
EGP | B | 1.44% | |
ONTO | A | 1.44% | |
AVAV | D | 1.43% | |
HOMB | B | 1.43% | |
FLR | B | 1.42% | |
STAG | B | 1.42% | |
ESE | C | 1.41% | |
ACA | D | 1.4% | |
MMS | C | 1.39% | |
ASGN | F | 1.33% | |
SUM | D | 1.33% | |
KTOS | C | 1.3% | |
DO | B | 1.29% | |
TTMI | A | 1.28% | |
SHOO | C | 1.28% | |
EHC | C | 1.27% | |
MMSI | A | 1.26% | |
SHAK | D | 1.25% | |
NPO | D | 1.24% | |
OPCH | D | 1.24% | |
BANR | B | 1.24% | |
ASO | D | 1.24% | |
BKH | D | 1.24% | |
ARCB | D | 1.24% | |
WK | F | 1.21% | |
KEX | C | 1.21% | |
SLGN | D | 1.19% | |
ENV | D | 1.17% | |
AVNT | D | 1.17% | |
PFBC | C | 1.12% | |
GKOS | B | 1.09% | |
RDNT | C | 1.08% | |
MODG | F | 1.07% | |
BRBR | C | 1.06% | |
LADR | A | 1.04% | |
SLAB | D | 1.04% | |
DAN | F | 1.02% | |
SEM | B | 1.02% | |
CMC | D | 1.0% | |
TROX | D | 0.97% | |
ZD | F | 0.96% | |
SIG | D | 0.93% | |
SR | D | 0.89% | |
EVRI | C | 0.87% | |
ARRY | F | 0.87% | |
FIBK | B | 0.86% | |
PRI | C | 0.84% | |
ARHS | D | 0.83% | |
GDYN | C | 0.82% | |
BYD | C | 0.8% | |
HALO | B | 0.77% | |
KRYS | B | 0.75% | |
FROG | C | 0.73% | |
PGNY | F | 0.72% | |
INN | D | 0.71% | |
PCRX | F | 0.7% | |
RBRK | C | 0.69% | |
INSM | A | 0.68% | |
CRNX | C | 0.66% | |
ESTA | D | 0.64% | |
SIBN | D | 0.59% | |
PWSC | B | 0.53% | |
MDGL | B | 0.51% | |
IMVT | D | 0.46% | |
TCMD | F | 0.41% | |
BPMC | B | 0.41% | |
ATRC | D | 0.2% |
NSCS Underweight 41 Positions Relative to MNA
Symbol | Grade | Weight | |
---|---|---|---|
DFS | C | -6.83% | |
ANSS | B | -6.34% | |
X | C | -6.33% | |
ETRN | D | -5.91% | |
CTLT | B | -5.52% | |
JNPR | B | -4.93% | |
HCP | C | -4.45% | |
MRO | C | -3.27% | |
SWN | D | -2.73% | |
CERE | C | -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 | B | -1.95% | |
IBTX | B | -1.51% | |
VZIO | B | -1.12% | |
MGRC | D | -1.09% | |
SRCL | B | -0.88% | |
HAYN | C | -0.77% | |
EVBG | B | -0.77% | |
AGS | C | -0.77% | |
OSG | A | -0.73% | |
AMK | B | -0.71% | |
HA | C | -0.61% | |
NWLI | A | -0.58% | |
SLCA | C | -0.48% | |
HTLF | A | -0.35% | |
SRDX | A | -0.3% | |
FA | D | --0.26% | |
UMBF | A | --0.36% | |
WSC | F | --0.44% | |
AA | C | --0.9% | |
SLB | D | --2.19% | |
CHK | D | --2.88% | |
IP | C | --3.4% | |
SNPS | B | --4.07% | |
EQT | D | --5.92% | |
COF | D | --7.3% |
NSCS: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords