IQ Merger Arbitrage ETF (MNA)
33.41
+0.01 +0.03%
NYSE Arca
Jan 22, 12:53
Delayed 2m
USD
Key Stats
| Expense Ratio | 0.77% |
| Total Assets Under Management | 944.17M |
| Share Class Assets Under Management | 944.17M |
| 30-Day Average Daily Volume | 146964.8 |
| Net Asset Value | 33.36 |
| Discount or Premium to NAV | 0.11% |
| Turnover Ratio | 337.0% |
| 1 Year Fund Level Flows | 52.72M |
View All MNA News
News
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WireHeadlineTime (ET)
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Business Wire10/03 12:31
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SA Breaking News06/28 01:41
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Business Wire04/17 14:37
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SA Breaking News04/10 14:05
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SA Breaking News03/22 15:03
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SA Breaking News12/21 03:21
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PR Newswire04/30 10:06
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SA Breaking News03/30 06:12
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PR Newswire12/13 16:03
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PR Newswire10/23 12:59
Performance & Returns
| Total Return (Price) | Total Return (NAV) | Cat. Total Return (NAV) | % Rank in Cat. (NAV) | |
|---|---|---|---|---|
| 1M | 1.24% | 1.24% | -0.09% | 14 |
| 3M | 3.42% | 3.31% | 0.15% | 2 |
| 6M | 5.60% | 5.43% | 0.51% | 1 |
| YTD | 0.60% | 0.67% | 0.09% | 27 |
| 1Y | 4.21% | 4.21% | 0.37% | 38 |
| 3Y | 4.24% | 4.34% | 1.02% | 22 |
| 5Y | 3.75% | 3.67% | 0.41% | 11 |
| 10Y | 2.95% | 3.00% | 0.79% | 20 |
| 15Y | -- | -- | 1.56% | -- |
| 20Y | -- | -- | 3.17% | -- |
Asset Allocation
| Type | % Net | % Long | % Short |
|---|---|---|---|
| Cash | 8.90% | 10.31% | 1.41% |
| Stock | 89.61% | 89.61% | 0.00% |
| Bond | 0.18% | 0.19% | 0.00% |
| Convertible | 0.01% | 0.01% | 0.00% |
| Preferred | 1.93% | 1.93% | 0.00% |
| Other | -0.63% | 27.64% | 28.27% |
View More Holdings
As of Jan. 17, 2020
Top 10 Holdings
| Symbol | Name | % Weight | Price | % Chg |
|---|---|---|---|---|
| RTN | Raytheon Co | 7.96% | 230.19 | +0.52% |
| -- | Payb Xli Short Ms | -7.80% | -- | -- |
| -- | Recv Xli Short Ms | 7.65% | -- | -- |
| TGE | Tallgrass Energy LP Class A | 7.62% | 22.28 | +0.04% |
| TIF | Tiffany & Co | 7.47% | 134.15 | -0.10% |
| LPT | Liberty Property Trust | 5.48% | 63.77 | -0.92% |
| -- | Schwab U.S. Reit Etf | -5.26% | -- | -- |
| AMTD | TD Ameritrade Holding Corp | 5.12% | 51.04 | +0.57% |
| -- | Ishares Dj Us Fin | -5.12% | -- | -- |
| -- | Schwab U.S. Reit Etf | 5.08% | -- | -- |
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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 | -- |
| 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 | 8.68 yrs |
| James Harrison | 1.50 yrs |
Net Fund Flows
| 1M | 21.42M |
| 3M | 13.31M |
| 6M | -99.77M |
| YTD | 52.72M |
| 1Y | 52.72M |
| 3Y | 723.87M |
| 5Y | 775.00M |
| 10Y | 853.01M |
Risk Info
| Beta (5Y) | 0.0768 |
| Max Drawdown (All) | 11.94% |
| Historical Sharpe Ratio (10Y) | 0.5696 |
| Historical Sortino (All) | 0.3273 |
| 30-Day Rolling Volatility | 2.75% |
| Daily Value at Risk (VaR) 1% (All) | 1.28% |
| Monthly Value at Risk (VaR) 1% (All) | 4.05% |
Attributes
| Key Dates | |
|---|---|
| Inception Date | 11/17/2009 |
| Termination Date | |
| Last Annual Report Date | 4/30/2019 |
| 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 |
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