SMCP vs. MNA ETF Comparison
Comparison of AlphaMark Actively Managed Small Cap ETF (SMCP) to IQ Merger Arbitrage ETF (MNA)
SMCP
AlphaMark Actively Managed Small Cap ETF
SMCP Description
The investment seeks long-term growth of capital. Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of small cap companies listed on a U.S. exchange. It defines "equity securities" to include common and preferred stock, American Depositary Receipts ("ADRs"), real estate investment trusts ("REITs"), and exchange-traded funds ("ETFs"). The fund may invest up to 30% of its net assets in foreign equity securities of small cap companies traded on a U.S. exchange as ADRs, which may include companies in emerging markets. It is non-diversified.
Grade (RS Rating)
Last Trade
$35.33
Average Daily Volume
2,218
96
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 | SMCP | MNA |
---|---|---|
30 Days | 9.07% | -0.18% |
60 Days | 7.44% | -0.27% |
90 Days | 8.81% | 0.61% |
12 Months | 37.91% | 6.73% |
SMCP Overweight 94 Positions Relative to MNA
Symbol | Grade | Weight | |
---|---|---|---|
LUMN | C | 1.63% | |
STRL | B | 1.51% | |
CORT | B | 1.41% | |
RIOT | C | 1.36% | |
TCBI | B | 1.32% | |
SFM | A | 1.29% | |
HQY | B | 1.21% | |
MARA | C | 1.21% | |
CVBF | A | 1.2% | |
TGNA | B | 1.18% | |
SIG | B | 1.18% | |
JBT | B | 1.17% | |
CADE | B | 1.15% | |
IDCC | A | 1.15% | |
CEIX | A | 1.14% | |
CARG | C | 1.14% | |
KNF | A | 1.14% | |
AX | A | 1.13% | |
CATY | B | 1.12% | |
ARCH | B | 1.11% | |
MATX | C | 1.11% | |
PBH | A | 1.11% | |
MWA | B | 1.1% | |
MGEE | C | 1.1% | |
VCYT | B | 1.09% | |
HWC | B | 1.09% | |
JXN | C | 1.08% | |
FULT | A | 1.07% | |
CRC | B | 1.07% | |
QLYS | C | 1.07% | |
APAM | B | 1.07% | |
ACIW | B | 1.06% | |
FFBC | A | 1.06% | |
BTU | B | 1.05% | |
WTS | B | 1.04% | |
WSFS | A | 1.03% | |
TMHC | B | 1.03% | |
SMPL | B | 1.02% | |
IOSP | B | 1.02% | |
CVLT | B | 1.01% | |
BMI | B | 1.01% | |
APLE | B | 1.0% | |
UFPI | B | 1.0% | |
COOP | B | 1.0% | |
CPRX | C | 0.99% | |
HNI | B | 0.99% | |
KFY | B | 0.99% | |
NPO | A | 0.98% | |
MMSI | B | 0.98% | |
BCC | B | 0.97% | |
CPK | A | 0.97% | |
WHD | B | 0.96% | |
ALKS | B | 0.96% | |
MHO | D | 0.96% | |
WD | D | 0.95% | |
CABO | C | 0.95% | |
FBP | B | 0.94% | |
BUR | C | 0.93% | |
TPH | D | 0.92% | |
NHI | D | 0.92% | |
RDN | C | 0.91% | |
ENSG | D | 0.91% | |
FCPT | C | 0.91% | |
ENS | D | 0.9% | |
POWI | D | 0.9% | |
YOU | D | 0.9% | |
IPAR | B | 0.9% | |
NMIH | D | 0.89% | |
MTH | D | 0.89% | |
ICFI | F | 0.88% | |
KBH | D | 0.87% | |
ASO | F | 0.87% | |
BNL | D | 0.87% | |
LANC | C | 0.86% | |
ATKR | C | 0.85% | |
HP | B | 0.85% | |
LXP | D | 0.85% | |
ESNT | D | 0.84% | |
KRYS | B | 0.84% | |
HALO | F | 0.84% | |
AMR | C | 0.82% | |
PTEN | C | 0.81% | |
SPSC | C | 0.81% | |
FORM | D | 0.79% | |
IIPR | D | 0.79% | |
NEOG | F | 0.78% | |
DIOD | D | 0.76% | |
AEO | F | 0.76% | |
LBRT | D | 0.73% | |
LNTH | D | 0.73% | |
STNE | F | 0.67% | |
STNG | F | 0.65% | |
ACLS | F | 0.62% | |
PAGS | F | 0.55% |
SMCP Underweight 42 Positions Relative to MNA
Symbol | Grade | Weight | |
---|---|---|---|
DFS | B | -8.65% | |
CTLT | B | -5.63% | |
JNPR | F | -4.99% | |
HCP | B | -4.36% | |
FYBR | D | -3.64% | |
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% | |
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% | |
AUB | B | --1.5% | |
BA | F | --1.63% | |
SSB | B | --2.03% | |
IP | B | --4.24% | |
COF | B | --9.37% |
SMCP: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords