VAMO vs. MNA ETF Comparison
Comparison of Cambria Value and Momentum ETF (VAMO) to IQ Merger Arbitrage ETF (MNA)
VAMO
Cambria Value and Momentum ETF
VAMO Description
The investment seeks income and capital appreciation from investments in the U.S. equity market. The fund will seek to achieve its investment objective by investing, under normal market conditions, at least 80% of the value of the fund's net assets in U.S. exchange-listed equity securities. It may hedge up to 100% of the value of the fund's long portfolio. The fund may invest in securities of companies in any industry, but will limit the maximum allocation to any particular sector to 25%. It may invest up to 20% of the value of its net assets in U.S. dollar and non-U.S. dollar denominated money market instruments or other high quality debt securities, or ETFs.
Grade (RS Rating)
Last Trade
$28.09
Average Daily Volume
10,442
94
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
$32.00
Average Daily Volume
38,456
42
Performance
| Period | VAMO | MNA |
|---|---|---|
| 30 Days | -3.79% | 2.15% |
| 60 Days | -6.81% | 2.69% |
| 90 Days | -5.61% | 2.05% |
| 12 Months | 6.03% | 2.78% |
VAMO Overweight 88 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| EME | D | 1.61% | |
| VST | C | 1.59% | |
| COOP | C | 1.45% | |
| MLI | C | 1.44% | |
| CEIX | C | 1.41% | |
| TOL | D | 1.37% | |
| HCC | C | 1.35% | |
| STRL | D | 1.32% | |
| PHM | D | 1.32% | |
| MHO | D | 1.31% | |
| SKYW | B | 1.27% | |
| MCK | C | 1.23% | |
| PRDO | D | 1.2% | |
| L | C | 1.19% | |
| PR | B | 1.17% | |
| MPC | F | 1.16% | |
| AMR | F | 1.13% | |
| CHRD | D | 1.12% | |
| OSCR | D | 1.09% | |
| PATK | D | 1.06% | |
| REVG | D | 1.05% | |
| TMHC | D | 1.02% | |
| DHI | D | 1.01% | |
| HOOD | C | 1.01% | |
| ENVA | B | 1.01% | |
| LEN | D | 1.0% | |
| MTH | D | 0.98% | |
| STLD | D | 0.98% | |
| PLAB | D | 0.98% | |
| SYF | B | 0.98% | |
| GPOR | C | 0.97% | |
| BCC | F | 0.96% | |
| MATX | C | 0.96% | |
| JXN | B | 0.95% | |
| MCY | D | 0.94% | |
| ACMR | C | 0.91% | |
| CRBG | B | 0.9% | |
| NSIT | D | 0.89% | |
| ALLY | B | 0.89% | |
| WSM | D | 0.89% | |
| HIG | D | 0.89% | |
| SKWD | C | 0.89% | |
| OC | D | 0.88% | |
| FCNCA | C | 0.87% | |
| MTG | B | 0.87% | |
| TDS | B | 0.86% | |
| RGA | B | 0.85% | |
| URBN | B | 0.84% | |
| PLUS | D | 0.84% | |
| SM | D | 0.83% | |
| CFG | B | 0.82% | |
| CNX | B | 0.8% | |
| GM | B | 0.8% | |
| DNOW | D | 0.8% | |
| BHE | D | 0.79% | |
| EQH | A | 0.79% | |
| PRI | C | 0.79% | |
| IDCC | A | 0.79% | |
| LNC | B | 0.78% | |
| PRU | A | 0.78% | |
| KBH | D | 0.77% | |
| SCSC | D | 0.77% | |
| WTTR | C | 0.77% | |
| THC | C | 0.76% | |
| TPC | B | 0.76% | |
| RDN | B | 0.76% | |
| APOG | D | 0.75% | |
| SNX | D | 0.75% | |
| PVH | D | 0.75% | |
| BZH | D | 0.74% | |
| MLKN | D | 0.74% | |
| AFL | B | 0.73% | |
| THO | D | 0.73% | |
| LBRT | D | 0.73% | |
| ARCH | D | 0.71% | |
| GMS | D | 0.71% | |
| CAL | F | 0.71% | |
| TPH | D | 0.68% | |
| PSX | F | 0.67% | |
| AIZ | D | 0.65% | |
| CXW | D | 0.65% | |
| FNF | D | 0.64% | |
| WOR | F | 0.62% | |
| CUBI | B | 0.59% | |
| UFPI | D | 0.58% | |
| METC | C | 0.58% | |
| ARCT | F | 0.51% | |
| GIII | F | 0.5% |
VAMO Underweight 36 Positions Relative to MNA
| Symbol | Grade | Weight | |
|---|---|---|---|
| DFS | C | -6.83% | |
| ANSS | B | -6.34% | |
| ETRN | D | -5.91% | |
| CTLT | B | -5.52% | |
| JNPR | B | -4.93% | |
| HCP | C | -4.45% | |
| MRO | C | -3.27% | |
| SWN | D | -2.73% | |
| CERE | C | -2.73% | |
| ALE | C | -2.47% | |
| AXNX | B | -2.36% | |
| CHX | D | -2.1% | |
| OLK | A | -2.06% | |
| PRFT | B | -1.95% | |
| IBTX | B | -1.51% | |
| VZIO | B | -1.12% | |
| MGRC | D | -1.09% | |
| SRCL | B | -0.88% | |
| HAYN | C | -0.77% | |
| EVBG | B | -0.77% | |
| AGS | C | -0.77% | |
| AMK | B | -0.71% | |
| HA | C | -0.61% | |
| NWLI | A | -0.58% | |
| SLCA | C | -0.48% | |
| SRDX | A | -0.3% | |
| FA | D | --0.26% | |
| UMBF | A | --0.36% | |
| WSC | F | --0.44% | |
| AA | C | --0.9% | |
| SSB | C | --1.52% | |
| SLB | D | --2.19% | |
| CHK | D | --2.88% | |
| IP | C | --3.4% | |
| SNPS | B | --4.07% | |
| EQT | D | --5.92% |
VAMO: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords
Compare ETFs
