MNA IQ Merger Arbitrage ETF
- Hedge Fund
MNA - Profile
- Issuer: IndexIQ
- Structure: ETF
- Expense Ratio: 0.76%
- ETF Home Page: MNA
- Inception: Nov 17, 2009
- Tax Form: 1099
- MNA Tracks This Index: IQ Merger Arbitrage Index
- 52 Week Lo: $26.39
- 52 Week Hi: $29.15
- AUM: $148.2 M
- Shares: 5.3 M
Alternative ETFs in the Hedge Fund Category
|Type||Ticker||Expense Ratio||Assets||Avg. Daily Vol||YTD Return|
|Most Liquid (Volume)|
|Top YTD Performer|
The Index seeks to achieve capital appreciation by investing in global companies for which there has been a public announcement of a takeover by an acquirer. This differentiated approach is based on a passive strategy of owning certain announced takeover targets with the goal of generating returns that are representative of global merger arbitrage activity. The Index also includes short exposure to global equities as a partial equity market hedge.
MNA - Realtime Rating
Realtime Rating Summary
MNA is a passive ETF that seeks to replicate IQ Merger Arbitrage Index. The Index seeks to achieve capital appreciation by investing in global companies for which there has been a public announcement of a takeover by an acquirer. This differentiated approach is based on a passive strategy of owning certain announced takeover targets with the goal of generating returns that are representative of global merger arbitrage activity. The Index also includes short exposure to global equities as a partial equity market hedge.
The adjacent table gives investors an individual Realtime Rating for MNA on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Hedge Fund with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.
MNA In-Depth Analysis
The following tables and charts contain in-depth metrics for MNA and compare it to similar peer ETFs within its ETFdb Category.
MNA - HoldingsFilings Data as of: Sep 02, 2015
Top Ten Holdings
This section compares how balanced and deep MNA is relative to the peer group ETFdb Category.
MNA - Expenses & Fees
This section compares the cost efficiency of MNA to peers in the same ETFdb Category.
Expenses Ratio Analysis
Commission Free Trading in MNA
MNA is currently available for commission free trading on the following platforms: (Charles Schwab)
Category Commission Free Trading
There are 6 other ETFs in the Hedge Fund ETFdb Category that are also eligible for commission free trading:
MNA - Performance
This section shows how MNA has performed relative to its peer group ETFdb Category.
MNA - Charts
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of MNA relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
MNA - Technicals
MNA Volatility Analysis
This section shows how the volatility of MNA compares to the peer group ETFdb Category.
- 20 Day MA: $28.31
- 60 Day MA: $28.55
- MACD 15 Period: n/a
- MACD 100 Period: -0.44
- Williams % Range 10 Day: 57.39
- Williams % Range 20 Day: 57.39
- RSI 10 Day: 49
- RSI 20 Day: 47
- RSI 30 Day: 46
- Ultimate Oscillator: 65
MNA Bollinger Bands
- Lower Bollinger (10 Day): $28.11
- Upper Bollinger (10 Day): $28.38
- Lower Bollinger (20 Day): $28.14
- Upper Bollinger (20 Day): $28.42
- Lower Bollinger (30 Day): $28.15
- Upper Bollinger (30 Day): $28.44
MNA Support & Resistance
- Support Level 1: $28.13
- Support Level 2: $27.97
- Resistance Level 1: $28.37
- Resistance Level 2: $28.45
- Stochastic Oscillator %D (1 Day): 78.97
- Stochastic Oscillator %D (5 Day): 54.62
- Stochastic Oscillator %K (1 Day): 69.82
- Stochastic Oscillator %K (5 Day): 47.36
Latest MNA News
Inside This Year's M&A Boom and the IQ Merger Arbitrage ETF (MNA)
A Closer Look At Merger Arbitrage ETPs
ProShares Launches Hedge Fund Replication ETF (HDG)
Other ETFs in this ETFdb Category
- QAI IQ Hedge Multi-Strategy Tracker ETF
- ALFA AlphaClone Alternative Alpha ETF
- WDTI Managed Futures Strategy Fund
- RLY SPDR Multi-Asset Real Return ETF
- RRF Global Real Return Fund
- ALTS Morningstar Alternatives Solution ETF
- HHDG Highland HFR Equity Hedge ETF
2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.