XRT vs. MNA ETF Comparison

Comparison of SPDR S&P Retail ETF (XRT) to IQ Merger Arbitrage ETF (MNA)

XRT

SPDR S&P Retail ETF

XRT 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 retail segment of a U.S. total market composite index. In seeking to track the performance of the S&P Retail 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 retail industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$73.45

Average Daily Volume

5,758,572

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

$31.76

Average Daily Volume

39,461

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XRT	MNA
30 Days	-4.87%	1.42%
60 Days	-0.63%	1.91%
90 Days	-1.15%	1.68%
12 Months	17.78%	3.17%

1 Overlapping Holdings

	Symbol	Grade	Weight in XRT	Weight in MNA	Overlap
	HIBB	A	1.35%	2.38%	1.35%

XRT Overweight 75 Positions Relative to MNA

Symbol	Grade	Weight
CHWY	C	1.77%
CVNA	B	1.74%
OLLI	B	1.51%
SFM	B	1.46%
KSS	F	1.45%
AMZN	A	1.45%
GO	D	1.44%
FL	D	1.43%
ORLY	C	1.42%
BURL	B	1.41%
KMX	C	1.41%
ODP	F	1.4%
DG	F	1.4%
VVV	B	1.4%
TGT	D	1.4%
DDS	D	1.4%
AZO	C	1.4%
ASO	F	1.39%
CASY	B	1.39%
PSMT	D	1.38%
BKE	D	1.38%
VSCO	D	1.38%
SIG	D	1.38%
PAG	D	1.38%
SBH	D	1.38%
WMT	A	1.37%
BOOT	B	1.37%
EBAY	B	1.37%
DKS	C	1.37%
M	C	1.37%
TJX	A	1.37%
MUSA	C	1.36%
BJ	B	1.36%
ETSY	F	1.35%
LAD	F	1.35%
ROST	B	1.35%
WRBY	C	1.35%
JWN	B	1.35%
CWH	F	1.34%
DLTR	F	1.34%
COST	A	1.34%
URBN	C	1.34%
ABG	D	1.33%
ACI	F	1.33%
ULTA	D	1.33%
AAP	F	1.33%
CAL	F	1.32%
AEO	F	1.32%
FIVE	F	1.32%
KR	C	1.32%
GES	D	1.3%
GPS	C	1.3%
SAH	D	1.3%
BBY	C	1.3%
GPI	D	1.3%
MNRO	F	1.29%
TSCO	D	1.29%
AN	D	1.29%
WINA	D	1.29%
EYE	F	1.27%
ANF	C	1.25%
LESL	F	1.24%
RVLV	F	1.23%
BBWI	F	1.22%
GME	C	1.18%
HZO	C	1.13%
WBA	F	1.06%
DBI	F	0.96%
SCVL	C	0.89%
GRPN	C	0.89%
WMK	D	0.83%
IMKTA	F	0.81%
CRMT	F	0.66%
GCO	F	0.47%
ARKO	D	0.32%

XRT Underweight 43 Positions Relative to MNA

Symbol	Grade	Weight
DFS	B	-6.57%
ANSS	C	-6.39%
X	C	-6.29%
ETRN	D	-6.21%
CTLT	B	-5.66%
JNPR	B	-4.93%
HCP	A	-4.54%
MRO	B	-3.35%
AIRC	A	-2.85%
SWN	D	-2.77%
CERE	C	-2.65%
ALE	C	-2.58%
AXNX	B	-2.42%
CHX	C	-2.13%
OLK	A	-2.06%
WIRE	A	-2.01%
PRFT	B	-1.99%
IBTX	B	-1.47%
VZIO	B	-1.15%
MGRC	D	-1.14%
SRCL	B	-0.89%
AGS	B	-0.79%
HAYN	C	-0.78%
EVBG	B	-0.78%
OSG	A	-0.74%
AMK	B	-0.72%
HA	C	-0.64%
NWLI	A	-0.6%
SLCA	B	-0.49%
MODN	B	-0.44%
HTLF	B	-0.35%
SRDX	A	-0.31%
FA	C	--0.26%
UMBF	C	--0.36%
WSC	F	--0.46%
AA	B	--0.89%
SSB	D	--1.49%
SLB	D	--2.22%
CHK	D	--2.94%
IP	C	--3.74%
SNPS	B	--4.1%
EQT	D	--6.21%
COF	D	--7.29%