SMCF vs. MNA ETF Comparison

Comparison of Themes US Small Cap Cash Flow Champions ETF (SMCF) to IQ Merger Arbitrage ETF (MNA)

SMCF

Themes US Small Cap Cash Flow Champions ETF

SMCF Description

The index is a free-float adjusted, market capitalization weighted index that is designed to provide exposure to small capitalization U.S. companies that have a high cash flow yield. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the securities that comprise the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.92

Average Daily Volume

372

Number of Holdings ^*

* 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 ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMCF	MNA
30 Days	9.53%	-0.36%
60 Days	9.53%	-0.40%
90 Days	10.34%	0.52%
12 Months		6.64%

2 Overlapping Holdings

	Symbol	Grade	Weight in SMCF	Weight in MNA	Overlap
	HTLF	B	0.7%	1.25%	0.7%
	MRO	B	4.5%	3.51%	3.51%

SMCF Overweight 71 Positions Relative to MNA

Symbol	Grade	Weight
BLDR	D	4.39%
TOL	B	4.16%
CF	A	4.07%
WSM	C	4.0%
RGA	A	3.93%
FLEX	B	3.9%
EWBC	A	3.78%
FHN	A	2.84%
EVR	B	2.79%
AR	B	2.77%
MLI	B	2.66%
ORI	A	2.45%
APA	D	2.12%
UFPI	C	2.07%
JXN	C	1.82%
DINO	D	1.77%
PR	B	1.77%
MTDR	B	1.75%
MTG	C	1.72%
AXS	A	1.71%
THG	A	1.53%
STRL	A	1.44%
MATX	C	1.42%
BCC	C	1.42%
OZK	B	1.34%
SM	B	1.34%
ABCB	B	1.2%
AX	B	1.09%
IBOC	B	1.02%
BGC	C	1.0%
CEIX	A	0.94%
CALM	A	0.94%
WD	D	0.92%
HCC	B	0.92%
WSFS	B	0.92%
FBP	C	0.9%
DDS	B	0.88%
BTU	B	0.86%
PBF	D	0.83%
NMIH	C	0.79%
ARCH	B	0.78%
APAM	B	0.78%
EBC	B	0.76%
VIRT	A	0.76%
BFH	C	0.72%
HESM	B	0.71%
ENVA	B	0.69%
TBBK	C	0.68%
AMR	C	0.67%
VSTO	A	0.61%
YOU	D	0.58%
MGNI	B	0.55%
TRMK	C	0.55%
MCY	A	0.54%
CVI	F	0.52%
EQC	B	0.51%
VRTS	B	0.49%
DVAX	C	0.46%
STBA	B	0.42%
LOB	C	0.42%
PRDO	B	0.41%
HOPE	C	0.4%
TCBK	C	0.39%
TX	F	0.39%
SPNT	B	0.37%
CNA	C	0.27%
MUR	D	0.26%
FLNG	C	0.22%
IRWD	F	0.15%
CIVI	D	0.14%
STNG	F	0.01%

SMCF Underweight 42 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%
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%