IQ Merger Arbitrage ETF (MNA)
Description
The investment seeks to track the performance of the IQ Merger Arbitrage Index. The MNA ETF contains 34 constituents. It is focused on holdings in the region.
Price $31.40 as of 2022-10-20Cost/Risk/Yield
| Dividend yield | |
| Expense ratio | 0.77% |
| Average spread | 0.127% |
| 1Y roundtrip cost | 0.897% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -1.9% | 0.8% | 0.2% | -0.5% | -0.6% | -2.0% | 1.9% | 0.8% | -1.5% | 0.4% | -2.6% | ||
| 2021 | -0.5% | -1.4% | 0.8% | 2.1% | -0.5% | 0.1% | -0.8% | -1.2% | 0.1% | -0.1% | -1.6% | -0.2% | -3.2% |
| 2020 | 0.3% | -1.1% | -8.6% | 4.1% | -0.6% | 1.1% | 1.6% | 0.9% | 4.1% | 1.7% | -0.9% | 0.6% | 3.3% |
| 2019 | 1.9% | -0.6% | -0.6% | -1.4% | 1.2% | -0.9% | 0.8% | 0.3% | 0.5% | 1.7% | 0.9% | 1.0% | 4.7% |
| 2018 | 1.5% | -2.2% | -0.3% | 0.1% | -0.2% | -0.1% | 1.9% | 0.9% | 0.6% | 0.4% | -0.2% | -0.4% | 2.2% |
| 2017 | 1.1% | 0.7% | 0.5% | 1.0% | 0.1% | 1.4% | 0.3% | -1.1% | 1.0% | 0.7% | -0.5% | 0.6% | 5.8% |
| 2016 | -0.1% | 1.7% | 1.2% | -1.2% | 1.2% | -1.4% | 0.4% | 1.1% | 1.2% | -1.5% | 1.6% | 0.5% | 4.6% |
| 2015 | 0.9% | 1.8% | 0.6% | 0.5% | 0.4% | -1.3% | -0.9% | -0.2% | -2.0% | -0.9% | 0.3% | 2.4% | 1.5% |
| 2014 | 1.3% | 2.1% | -0.7% | 0.0% | 0.1% | 2.0% | -0.9% | 0.0% | -0.5% | 0.3% | 1.8% | -0.3% | 5.1% |
| 2013 | -0.2% | 0.9% | 1.1% | -0.7% | 2.0% | 0.7% | 1.4% | -1.2% | 1.8% | 0.5% | 0.8% | -0.6% | 6.4% |
| 2012 | 3.0% | 1.1% | 0.3% | 0.9% | -3.6% | -0.0% | -0.7% | 1.6% | -1.5% | -1.2% | 0.4% | 2.3% | 2.7% |
| 2011 | 1.9% | -0.5% | 2.0% | -0.7% | -0.2% | -0.6% | -0.3% | -1.9% | -2.6% | 3.4% | -1.7% | 0.7% | -0.3% |
| 9.2% | 3.4% | -3.5% | 4.3% | -0.7% | -1.0% | 4.5% | 0.1% | 1.2% | 5.3% | 0.8% | 6.4% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 0.77 | 0.77 | |||||||||||
| 2016 | 0.06 | 0.06 | |||||||||||
| 2015 | 0.24 | 0.24 | |||||||||||
| 2013 | 0.26 | 0.26 | |||||||||||
| 2012 | 0.05 | 0.05 | |||||||||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.39 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| Top 0 Weights | 0.00% |
Compare with similar ETFs
| MNA | FVD | KIE | PPA | SPLV | USMV | |
|---|---|---|---|---|---|---|
| Product name | IQ Merger Arbitrage ETF | First Trust Value Line Dividend Index Fund | SPDR S&P Insurance ETF | PowerShares Aerospace & Defense Portfolio ETF | PowerShares S&P 500 Low Volatility Portfolio ETF | iShares MSCI USA Minimum Volatility ETF |
| Issuer | IndexIQ | First Trust | SPDR | Invesco | Invesco | iShares |
| Price | $31.4 | $36.28 | $37.78 | $70.34 | $57.86 | $66.82 |
| Expense Ratio | 0.77% |  0.7% | 0.35% | 0.61% | 0.25% | 0.15% |
| Average Spread | 0.127% | 0.028% | 0.026% | 0.071% | 0.017% | 0.015% |
| AUM | $695,491,000 | $10,832,500,000 | $463,942,000 | $650,518,000 | $7,325,210,000 | $25,120,600,000 |
| Shares | 22,149,390 | 298,581,783 | 12,280,098 | 9,248,192 | 126,602,262 | 375,943,713 |
| Average Daily Volume | 123,647 | 1,216,042 | 1,265,471 | 104,357 | 3,350,370 | 4,429,510 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2009-11-17 | 2003-08-19 | 2005-11-08 | 2005-10-26 | 2011-05-05 | 2011-10-18 |
| Index Tracked | IQ Merger Arbitrage Index | Value Line Dividend (TR) | S&P Insurance Select Industry | SPADE Defense Index | S&P 500 Low Volatility | MSCI USA Minimum Volatility Index |
| Category | Hedge Fund | Large Cap Blend Equities | Financials Equities | Industrials Equities | Volatility Hedged Equity | Large Cap Growth Equities |
| Asset Class | Alternatives | Equity | Equity | Equity | Equity | Equity |
| Asset Class Size | Large/Mid Caps | Large/Mid Caps | Large/Mid Caps | Large Caps | Large Caps | |
| Value or Growth | Blend | Blend | Blend | Blend | Blend | |
| Region | North America | North America | North America | North America | North America | |
| Countries | Broad | U.S. | U.S. | U.S. | U.S. | U.S. |
| Annual Dividend Rate | $0 | $0.835 | $0.721 | $0.664 | $1.199 | $1.072 |
| Annual Dividend Yield | 0.000% | 0.023% | 0.019% | 0.009% | 0.021% | 0.016% |
| Number of Holdings | 34 | 205 | 54 | 52 | 100 | 183 |
| YTD Return | -2.64% | -14.40% | -5.17% | -1.83% | -14.35% | -16.45% |
| Beta | 0.41 | 0.86 | 1.34 | 1.03 | 0.82 | 0.79 |
| Upside Beta | -0.02 | 0.21 | 0.13 | 0.17 | 0.04 | 0.06 |
| Downside Beta | -0.17 | 0.07 | -0.23 | -0.17 | -0.27 | -0.24 |
| Volatility 1Y | 5.68% | 16.44% | 22.07% | 22.36% | 16.34% | 17.34% |
| Sharpe Ratio 3Y | -0.30 | 0.17 | 0.20 | 0.10 | 0.05 | 0.14 |
| Treynor Ratio 3Y | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |