RSPC vs. MNA ETF Comparison
Comparison of Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) to IQ Merger Arbitrage ETF (MNA)
RSPC
Invesco S&P 500 Equal Weight Communication Services ETF
RSPC Description
The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of all of the components of the S&P 500® Communication Services Index, an index that contains the common stocks of all companies included in the S&P 500® Index that are classified as members of the communication services sector, as defined according to the Global Industry Classification Standard (GICS). It is non-diversified.
Grade (RS Rating)
Last Trade
$35.40
Average Daily Volume
10,611
25
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
$32.80
Average Daily Volume
49,131
44
Performance
Period | RSPC | MNA |
---|---|---|
30 Days | 8.39% | -0.18% |
60 Days | 10.17% | -0.27% |
90 Days | 12.16% | 0.61% |
12 Months | 27.06% | 6.73% |
1 Overlapping Holdings
Symbol | Grade | Weight in RSPC | Weight in MNA | Overlap | |
---|---|---|---|---|---|
FYBR | D | 3.94% | 3.64% | 3.64% |
RSPC Overweight 24 Positions Relative to MNA
Symbol | Grade | Weight | |
---|---|---|---|
LYV | A | 5.71% | |
NFLX | A | 5.24% | |
DIS | B | 5.21% | |
TTWO | A | 5.04% | |
WBD | C | 4.84% | |
TMUS | B | 4.8% | |
TKO | B | 4.76% | |
EA | A | 4.73% | |
CHTR | C | 4.73% | |
CMCSA | B | 4.49% | |
META | D | 4.45% | |
T | A | 4.36% | |
PARA | C | 4.14% | |
OMC | C | 4.09% | |
NYT | C | 4.01% | |
VZ | C | 3.93% | |
IPG | D | 3.8% | |
MTCH | D | 3.59% | |
NWSA | B | 3.51% | |
FOXA | B | 3.08% | |
GOOGL | C | 2.53% | |
GOOG | C | 2.09% | |
FOX | A | 1.72% | |
NWS | B | 1.13% |
RSPC Underweight 43 Positions Relative to MNA
Symbol | Grade | Weight | |
---|---|---|---|
DFS | B | -8.65% | |
CTLT | B | -5.63% | |
JNPR | F | -4.99% | |
HCP | B | -4.36% | |
MRO | B | -3.51% | |
SMAR | A | -3.2% | |
ALTR | B | -3.12% | |
BALY | C | -2.82% | |
ALE | A | -2.69% | |
ENV | B | -2.59% | |
K | A | -2.47% | |
AXNX | C | -2.39% | |
AY | B | -2.1% | |
B | B | -2.08% | |
IBTX | B | -2.04% | |
RCM | F | -2.01% | |
SPR | D | -1.97% | |
INFN | C | -1.72% | |
NAPA | B | -1.6% | |
EVRI | A | -1.59% | |
SASR | B | -1.5% | |
VZIO | A | -1.31% | |
HTLF | B | -1.25% | |
FBMS | B | -1.19% | |
ZUO | B | -1.18% | |
AGS | A | -0.84% | |
HAYN | C | -0.77% | |
PFC | A | -0.65% | |
GATO | D | -0.41% | |
CFB | B | -0.4% | |
PGRU | A | -0.35% | |
RVNC | F | -0.32% | |
SRDX | B | -0.27% | |
BUSE | B | --0.42% | |
WSBC | A | --0.66% | |
RNST | B | --1.2% | |
CDE | D | --1.2% | |
UMBF | B | --1.28% | |
AUB | B | --1.5% | |
BA | F | --1.63% | |
SSB | B | --2.03% | |
IP | B | --4.24% | |
COF | B | --9.37% |
RSPC: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords