XHS vs. MNA ETF Comparison
Comparison of SPDR S&P Health Care Services ETF (XHS) to IQ Merger Arbitrage ETF (MNA)
XHS
SPDR S&P Health Care Services ETF
XHS Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the health care providers and services segment of a U.S. total market composite index. In seeking to track the performance of the S&P Health Care Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the health care services industry group of the S&P Total Market Index ("S&P TMI"). It is non-diversified.
Grade (RS Rating)
Last Trade
$91.29
Average Daily Volume
3,933
58
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
$32.63
Average Daily Volume
49,281
45
Performance
Period | XHS | MNA |
---|---|---|
30 Days | -4.69% | -0.82% |
60 Days | -5.83% | -0.94% |
90 Days | -3.87% | 0.18% |
12 Months | 9.84% | 6.18% |
1 Overlapping Holdings
Symbol | Grade | Weight in XHS | Weight in MNA | Overlap | |
---|---|---|---|---|---|
RCM | A | 2.12% | 1.99% | 1.99% |
XHS Overweight 57 Positions Relative to MNA
Symbol | Grade | Weight | |
---|---|---|---|
HIMS | C | 2.63% | |
HQY | A | 2.56% | |
RDNT | B | 2.5% | |
MCK | A | 2.46% | |
GH | B | 2.36% | |
PINC | B | 2.35% | |
EHC | B | 2.27% | |
LH | B | 2.26% | |
CAH | A | 2.24% | |
SEM | B | 2.21% | |
DGX | A | 2.13% | |
COR | B | 2.12% | |
THC | C | 2.1% | |
PRVA | B | 2.1% | |
UNH | B | 2.09% | |
CHE | D | 2.05% | |
ENSG | D | 2.0% | |
CVS | D | 1.99% | |
DVA | C | 1.98% | |
HSIC | C | 1.98% | |
ADUS | D | 1.96% | |
AMED | F | 1.95% | |
PDCO | D | 1.87% | |
CI | D | 1.86% | |
HUM | D | 1.84% | |
HCA | F | 1.83% | |
UHS | D | 1.81% | |
MOH | F | 1.79% | |
USPH | C | 1.7% | |
SGRY | F | 1.67% | |
CRVL | A | 1.65% | |
CNC | F | 1.63% | |
ELV | F | 1.55% | |
BKD | F | 1.48% | |
OMI | F | 1.48% | |
NEO | C | 1.45% | |
OPCH | F | 1.45% | |
MD | B | 1.41% | |
AHCO | F | 1.25% | |
CLOV | D | 1.25% | |
CSTL | C | 1.24% | |
LFST | C | 1.24% | |
PGNY | F | 1.21% | |
ALHC | C | 1.14% | |
AMN | F | 1.06% | |
ACHC | F | 1.05% | |
NHC | B | 1.02% | |
ASTH | F | 1.01% | |
AGL | F | 1.01% | |
PNTG | D | 0.71% | |
ACCD | F | 0.64% | |
OPK | A | 0.64% | |
CYH | F | 0.63% | |
CCRN | F | 0.59% | |
MODV | D | 0.52% | |
FLGT | F | 0.42% | |
NRC | F | 0.31% |
XHS Underweight 44 Positions Relative to MNA
Symbol | Grade | Weight | |
---|---|---|---|
DFS | B | -8.94% | |
CTLT | D | -5.65% | |
JNPR | D | -5.04% | |
HCP | B | -4.32% | |
FYBR | C | -3.64% | |
MRO | A | -3.5% | |
SMAR | A | -3.18% | |
ALTR | B | -3.09% | |
BALY | A | -2.77% | |
ALE | A | -2.67% | |
INST | B | -2.61% | |
ENV | B | -2.56% | |
K | B | -2.44% | |
AXNX | A | -2.37% | |
AY | A | -2.08% | |
IBTX | B | -2.08% | |
B | A | -2.05% | |
SPR | D | -1.99% | |
INFN | D | -1.72% | |
NAPA | A | -1.58% | |
EVRI | A | -1.57% | |
SASR | A | -1.49% | |
VZIO | A | -1.33% | |
HTLF | B | -1.27% | |
FBMS | B | -1.22% | |
ZUO | B | -1.17% | |
AGS | A | -0.83% | |
HAYN | A | -0.75% | |
PFC | A | -0.65% | |
GATO | C | -0.43% | |
RVNC | F | -0.43% | |
CFB | B | -0.41% | |
PGRU | A | -0.35% | |
SRDX | C | -0.26% | |
BUSE | B | --0.42% | |
WSBC | A | --0.66% | |
CDE | C | --1.15% | |
RNST | B | --1.23% | |
UMBF | B | --1.29% | |
AUB | A | --1.51% | |
BA | F | --1.69% | |
SSB | B | --2.1% | |
IP | A | --4.38% | |
COF | B | --9.54% |
XHS: Top Represented Industries & Keywords
MNA: Top Represented Industries & Keywords