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IQ Merger Arbitrage ETF (MNA) Exchange-traded Fund (ETF)

The investment seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of the IQ Merger Arbitrage Index. The fund employs a “passive management” — or indexing — investment approach designed to track the performance of the underlying index. It normally invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index. The fund may invest up to 20% of net assets in investments not included in its underlying index, but which the advisor or sub-advisor believes will help the fund track its underlying index. It is non-diversified.
MNA ETF Inception Date: Nov 17, 2009
MNA ETF Family: IndexIQ
MNA ETF Category: Market Neutral
MNA ETF Net Asset: $25.70M
MNA ETF Year-to-Date Performance 4.43%
MNA ETF 1 Year Performance 0.47%
MNA ETF 3 Year Performance 0%

 

Compare IQ Merger Arbitrage ETF (MNA) within Market Neutral category

Compare IQ Merger Arbitrage ETF (MNA) with other Market Neutral category EFTs

ETFYear to DateOne YearThree Year

 

Compare IQ Merger Arbitrage ETF (MNA) ETF with top Market Neutral Mutual Funds

Compare Mutual Funds with ETFs

FundYTD%1 Year3 YearMojo Score
Market Neutral Category Average0.850.200.07
Gabelli ABC AAA3.072.884.920.76
Calamos Market Neutral Income I3.954.849.580.75
Arbitrage I0.764.404.930.73
BlackRock Event Driven Equity Instl11.223.9319.290.72

 

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