WISE vs. MNA ETF Comparison
Comparison of Themes Generative Artificial Intelligence ETF (WISE) to IQ Merger Arbitrage ETF (MNA)
WISE
Themes Generative Artificial Intelligence ETF
WISE Description
The index is designed to provide exposure to companies that have business operations in AI related industries. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the index. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$29.98
Average Daily Volume
2,384
36
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
$32.83
Average Daily Volume
52,891
44
Performance
Period | WISE | MNA |
---|---|---|
30 Days | 1.80% | -0.36% |
60 Days | 4.38% | 0.31% |
90 Days | 14.04% | 2.05% |
12 Months | 5.88% |
0 Overlapping Holdings
Symbol | Grade | Weight in WISE | Weight in MNA | Overlap |
---|
WISE Overweight 36 Positions Relative to MNA
Symbol | Grade | Weight | |
---|---|---|---|
NVDA | B | 5.11% | |
AMD | F | 4.76% | |
INTC | C | 4.6% | |
AMZN | A | 4.58% | |
SOUN | B | 4.32% | |
MSFT | D | 4.16% | |
GOOGL | A | 4.06% | |
PATH | C | 4.05% | |
ORCL | B | 3.84% | |
GDYN | B | 3.79% | |
AI | C | 3.74% | |
AVGO | B | 3.53% | |
QUIK | D | 3.51% | |
VERI | C | 3.29% | |
BBAI | D | 3.11% | |
CRM | A | 3.04% | |
BIDU | F | 2.72% | |
AMBA | B | 2.68% | |
ANET | B | 2.6% | |
SNOW | C | 2.59% | |
AAPL | C | 2.57% | |
PLTR | B | 2.22% | |
CEVA | D | 2.09% | |
EXLS | A | 1.62% | |
META | B | 1.46% | |
IBM | C | 1.37% | |
ZETA | C | 1.1% | |
SNPS | B | 1.0% | |
LSCC | C | 0.99% | |
TSLA | A | 0.94% | |
S | B | 0.75% | |
BABA | B | 0.67% | |
FICO | B | 0.51% | |
TIXT | C | 0.36% | |
CRVL | D | 0.21% | |
ACN | C | 0.12% |
WISE Underweight 44 Positions Relative to MNA
Symbol | Grade | Weight | |
---|---|---|---|
DFS | A | -7.23% | |
CTLT | D | -5.72% | |
JNPR | A | -5.11% | |
HCP | A | -4.32% | |
FYBR | A | -3.74% | |
SHV | A | -3.27% | |
MRO | C | -3.25% | |
SMAR | A | -3.2% | |
SRCL | A | -2.81% | |
BALY | A | -2.75% | |
ALE | A | -2.67% | |
INST | A | -2.62% | |
ENV | A | -2.57% | |
K | A | -2.46% | |
AXNX | A | -2.38% | |
SPR | C | -2.13% | |
AY | A | -2.08% | |
RCM | A | -2.0% | |
IBTX | B | -1.82% | |
INFN | B | -1.75% | |
EVRI | A | -1.58% | |
SRCL | A | -1.46% | |
VZIO | C | -1.33% | |
HTLF | A | -1.08% | |
FBMS | B | -1.04% | |
PETQ | A | -0.85% | |
AGS | A | -0.83% | |
HAYN | A | -0.75% | |
PFC | A | -0.55% | |
GATO | B | -0.51% | |
RVNC | C | -0.4% | |
CFB | D | -0.37% | |
PGRU | A | -0.35% | |
SRDX | D | -0.26% | |
CLF | C | --0.26% | |
BUSE | D | --0.38% | |
FA | D | --0.46% | |
WSBC | A | --0.56% | |
RNST | B | --1.05% | |
UMBF | A | --1.1% | |
SSB | B | --1.83% | |
BA | F | --1.85% | |
IP | A | --3.56% | |
COF | A | --7.9% |
WISE: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords