REMX vs. MNA ETF Comparison
Comparison of VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) to IQ Merger Arbitrage ETF (MNA)
REMX
VanEck Vectors Rare Earth/Strategic Metals ETF
REMX Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Global Rare Earth/Strategic Metals Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index includes companies primarily engaged in a variety of activities that are related to the producing, refining and recycling of rare earth and strategic metals and minerals. It is non-diversified.
Grade (RS Rating)
Last Trade
$47.53
Average Daily Volume
119,937
5
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
$32.95
Average Daily Volume
60,238
49
Performance
| Period | REMX | MNA |
|---|---|---|
| 30 Days | 19.15% | 0.67% |
| 60 Days | 21.47% | 2.42% |
| 90 Days | 7.41% | 3.98% |
| 12 Months | -23.57% | 5.83% |
0 Overlapping Holdings
| Symbol | Grade | Weight in REMX | Weight in MNA | Overlap |
|---|
REMX Underweight 49 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| DFS | C | -6.74% | |
| CTLT | A | -5.71% | |
| JNPR | B | -5.05% | |
| HCP | B | -4.32% | |
| MRO | D | -3.16% | |
| SHV | B | -2.91% | |
| BALY | A | -2.73% | |
| SRCL | B | -2.65% | |
| INST | B | -2.62% | |
| ALE | A | -2.6% | |
| SQSP | A | -2.59% | |
| ENV | C | -2.56% | |
| AXNX | A | -2.34% | |
| CHX | D | -2.26% | |
| PWSC | C | -2.26% | |
| PRFT | A | -2.0% | |
| K | B | -1.9% | |
| IBTX | D | -1.82% | |
| INFN | C | -1.72% | |
| AY | C | -1.64% | |
| SPR | D | -1.63% | |
| RCM | B | -1.6% | |
| EVRI | A | -1.52% | |
| SRCL | B | -1.26% | |
| VZIO | A | -1.25% | |
| TELL | B | -1.21% | |
| FBMS | D | -1.01% | |
| HTLF | C | -0.86% | |
| AGS | B | -0.76% | |
| HAYN | B | -0.74% | |
| PETQ | A | -0.68% | |
| AAN | C | -0.63% | |
| CHUY | B | -0.44% | |
| PFC | D | -0.41% | |
| CFB | D | -0.3% | |
| RVNC | F | -0.28% | |
| SRDX | D | -0.27% | |
| PGRU | A | -0.27% | |
| CLF | D | --0.23% | |
| BUSE | D | --0.3% | |
| FA | A | --0.4% | |
| WSBC | D | --0.41% | |
| UMBF | C | --0.88% | |
| RNST | D | --1.02% | |
| BA | F | --1.38% | |
| SSB | C | --1.85% | |
| SLB | D | --2.3% | |
| IP | C | --3.71% | |
| COF | C | --7.42% |
REMX: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords
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