IQ Merger Arbitrage ETF (MNA)
31.94
-0.15 -0.47%
NYSE Arca
Aug 11, 16:59
USD
Key Stats
| Expense Ratio | 0.76% |
| Total Assets Under Management | 686.96M |
| Share Class Assets Under Management | 686.96M |
| 30-Day Average Daily Volume | 116348.3 |
| Net Asset Value | 32.03 |
| Discount or Premium to NAV | 0.20% |
| Turnover Ratio | 308.0% |
| 1 Year Fund Level Flows | -254.69M |
View All MNA News
News
-
WireHeadlineTime (ET)
-
Business Wire10/03 12:31
-
SA Breaking News06/28 01:41
-
Business Wire04/17 14:37
-
SA Breaking News04/10 14:05
-
SA Breaking News03/22 15:03
-
SA Breaking News12/21 03:21
-
PR Newswire04/30 10:06
-
SA Breaking News03/30 06:12
-
PR Newswire12/13 16:03
-
PR Newswire10/23 12:59
Performance & Returns
| Total Return (Price) | Total Return (NAV) | Cat. Total Return (NAV) | % Rank in Cat. (NAV) | |
|---|---|---|---|---|
| 1M | 1.01% | 0.92% | 1.02% | 50 |
| 3M | 0.31% | 0.22% | 1.39% | 58 |
| 6M | -2.90% | -3.09% | -0.99% | 70 |
| YTD | -3.34% | -3.37% | -0.86% | 67 |
| 1Y | 1.04% | 0.70% | -0.42% | 52 |
| 3Y | 1.91% | 1.80% | 0.68% | 54 |
| 5Y | 2.67% | 2.67% | 0.90% | 34 |
| 10Y | 2.55% | 2.52% | 0.94% | 44 |
| 15Y | -- | -- | 1.75% | -- |
| 20Y | -- | -- | 2.54% | -- |
Asset Allocation
| Type | % Net | % Long | % Short |
|---|---|---|---|
| Cash | 2.35% | 2.99% | 0.65% |
| Stock | 96.80% | 96.80% | 0.00% |
| Bond | 2.08% | 2.22% | 0.14% |
| Convertible | 0.02% | 0.02% | 0.00% |
| Preferred | 0.00% | 0.00% | 0.00% |
| Other | -1.25% | 42.60% | 43.85% |
View More Holdings
As of Aug. 10, 2020
Top 10 Holdings
| Symbol | Name | % Weight | Price | % Chg |
|---|---|---|---|---|
| VSLR | Vivint Solar Inc | 6.21% | 23.36 | -9.84% |
| NBL | Noble Energy Inc | 5.82% | 10.65 | -0.37% |
| DLPH | Delphi Technologies PLC | 5.60% | 17.78 | +3.13% |
| -- | Ishares Phlx Semiconducto | 5.56% | -- | -- |
| GRUB | GrubHub Inc | 5.55% | 73.78 | -1.44% |
| -- | Ishares Phlx Semiconducto | -5.49% | -- | -- |
| MXIM | Maxim Integrated Products Inc | 5.45% | 68.77 | -0.20% |
| TIF | Tiffany & Co | 5.35% | 124.89 | -0.23% |
| -- | Recv Vgk Swap Short Ml | -5.25% | -- | -- |
| -- | Recv Vgk Short | -5.25% | -- | -- |
Advertisement
Basic Info
| Investment Strategy | |
|---|---|
| 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 invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index. 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. The fund is non-diversified. | |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Mid Cap/Blend |
| Fixed Income Style | High Quality/Limited Sensitivity |
| Broad Asset Class | Alternative |
| Broad Category | Alternative |
| Category Name | Market Neutral |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | IndexIQ |
| Benchmark Index | |
| IQ Hedge Merger Arbitrage TR USD | 100.0% |
Manager Info
| Name | Tenure |
|---|---|
| Greg Barrato | 9.43 yrs |
| James Harrison | 2.26 yrs |
Net Fund Flows
| 1M | -6.378M |
| 3M | -47.15M |
| 6M | -232.76M |
| YTD | -194.47M |
| 1Y | -254.69M |
| 3Y | 416.30M |
| 5Y | 520.32M |
| 10Y | 635.07M |
Risk Info
| Beta (5Y) | 0.2107 |
| Max Drawdown (All) | 16.68% |
| Historical Sharpe Ratio (10Y) | 0.371 |
| Historical Sortino (All) | 0.3242 |
| 30-Day Rolling Volatility | 5.50% |
| Daily Value at Risk (VaR) 1% (All) | 1.36% |
| Monthly Value at Risk (VaR) 1% (All) | 5.19% |
Attributes
| Key Dates | |
|---|---|
| Inception Date | 11/17/2009 |
| Termination Date | |
| Last Annual Report Date | 4/30/2020 |
| Last Prospectus Date | 8/29/2019 |
| Attributes | |
| Exchange Traded Share | Yes |
| Exchange Traded Note | No |
| Enhanced Index Fund | No |
| Fixed Distribution Fund | No |
| High-Net Worth Individual Fund | No |
| Index Fund | Yes |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |
| General Availability | |
| Available for Insurance Product | No |
| Available for Retirement Plan | No |
| Available for RRSP | No |
Advertisement
