RSPG vs. MNA ETF Comparison
Comparison of Invesco S&P 500 Equal Weight Energy ETF (RSPG) to IQ Merger Arbitrage ETF (MNA)
RSPG
Invesco S&P 500 Equal Weight Energy ETF
RSPG 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® Energy 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 energy sector, as defined according to the Global Industry Classification Standard (GICS).
Grade (RS Rating)
Last Trade
$85.96
Average Daily Volume
41,004
Number of Holdings
*
22
* may have additional holdings in another (foreign) market
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
$32.77
Average Daily Volume
48,164
Number of Holdings
*
44
* may have additional holdings in another (foreign) market
Performance
Period | RSPG | MNA |
---|---|---|
30 Days | 9.20% | -0.36% |
60 Days | 11.22% | -0.40% |
90 Days | 8.69% | 0.52% |
12 Months | 18.13% | 6.64% |
1 Overlapping Holdings
Symbol | Grade | Weight in RSPG | Weight in MNA | Overlap | |
---|---|---|---|---|---|
MRO | B | 4.5% | 3.51% | 3.51% |
RSPG Overweight 21 Positions Relative to MNA
RSPG Underweight 43 Positions Relative to MNA
Symbol | Grade | Weight | |
---|---|---|---|
DFS | B | -8.65% | |
CTLT | C | -5.63% | |
JNPR | D | -4.99% | |
HCP | B | -4.36% | |
FYBR | C | -3.64% | |
SMAR | A | -3.2% | |
ALTR | B | -3.12% | |
BALY | A | -2.82% | |
ALE | A | -2.69% | |
ENV | B | -2.59% | |
K | A | -2.47% | |
AXNX | A | -2.39% | |
AY | A | -2.1% | |
B | A | -2.08% | |
IBTX | B | -2.04% | |
RCM | A | -2.01% | |
SPR | D | -1.97% | |
INFN | D | -1.72% | |
NAPA | A | -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 | A | -0.77% | |
PFC | B | -0.65% | |
GATO | C | -0.41% | |
CFB | B | -0.4% | |
PGRU | A | -0.35% | |
RVNC | F | -0.32% | |
SRDX | B | -0.27% | |
BUSE | B | --0.42% | |
WSBC | B | --0.66% | |
RNST | B | --1.2% | |
CDE | C | --1.2% | |
UMBF | B | --1.28% | |
AUB | B | --1.5% | |
BA | F | --1.63% | |
SSB | B | --2.03% | |
IP | A | --4.24% | |
COF | C | --9.37% |
RSPG: Top Represented Industries & Keywords
Industries:
Oil & Gas E&P
Oil & Gas Midstream
Oil & Gas Equipment & Services
Oil & Gas Refining & Marketing
Oil & Gas Integrated
Keywords:
S&P 500
Natural Gas
Petroleum Industry
Natural Gas Liquids
Crude Oil
Petroleum Products
Midstream
Petroleum
Propane
Gas Gathering
Gas Transmission
Natural Gas Processing
Petroleum Production
Carbon Dioxide
Chemical
Liquefied Natural Gas
Natural Gas Gathering
Natural Gas Transmission
Oil Wells
Permian Basin
MNA: Top Represented Industries & Keywords
Industries:
Banks - Regional - US
Software - Infrastructure
Aerospace & Defense
Communication Equipment
Credit Services
Gambling
Utilities - Regulated Electric
Beverages - Wineries & Distilleries
Biotechnology
Capital Markets
Consumer Electronics
Diagnostics & Research
Diversified Industrials
Drug Manufacturers - Specialty & Generic
Gold
Health Information Services
Medical Devices
Metal Fabrication
Oil & Gas E&P
Other Precious Metals & Mining
Keywords:
Bank
Banking
S&P 500
Deposit Products
Investment Services
Commercial Bank
Commercial Banking
Real Estate Loans
ATM
Computing
Investment Management
Trust Services
Wealth Management
Biopharmaceutical
Casino
Demand Deposit
Individual Retirement Account
Investment Bank
Residential Real Estate Loans
Back Office Systems