Iq Merger Arbitrage Etf Profile

MNA Etf  USD 34.62  0.09  0.26%   

Performance

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Weak
 
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Odds Of Distress

Low

 
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Low
IQ Merger is trading at 34.62 as of the 4th of May 2025, a 0.26 percent increase since the beginning of the trading day. The etf's open price was 34.53. IQ Merger has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. The performance scores are derived for the period starting the 3rd of February 2025 and ending today, the 4th of May 2025. Click here to learn more.
The fund invests at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index. IQ Merger is traded on NYSEARCA Exchange in the United States. More on IQ Merger Arbitrage

Moving together with MNA Etf

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Moving against MNA Etf

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  0.69BME BlackRock Health SciencesPairCorr
  0.68BST BlackRock Science TechPairCorr
  0.67ARKW ARK Next GenerationPairCorr
  0.64WTMF WisdomTree ManagedPairCorr
  0.64IBM International BusinessPairCorr

MNA Etf Highlights

Thematic IdeaLong/short ETFs (View all Themes)
Business ConcentrationLong/short ETFs, Event Driven, IndexIQ (View all Sectors)
IssuerNew York Life Investments
Inception Date2009-11-16
BenchmarkNYLI Merger Arbitrage Index
Entity TypeRegulated Investment Company
Asset Under Management233.26 Million
Average Trading Valume54,495.1
Asset TypeEquity
CategoryStrategy
FocusLong/Short
Market ConcentrationBlended Development
RegionGlobal
AdministratorThe Bank of New York Mellon Corporation
AdvisorNew York Life Investment Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorALPS Distributors, Inc.
Portfolio ManagerGreg Barrato, Francis Ok
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Mar
ExchangeNYSE Arca, Inc.
Number of Constituents72.0
Market MakerVirtu Financial
Total Expense0.77
Management Fee0.75
Country NameUSA
Returns Y T D5.04
NameIQ Merger Arbitrage ETF
Currency CodeUSD
Open FigiBBG000BBBDD7
In Threey Volatility3.84
1y Volatility2.25
200 Day M A33.1927
50 Day M A34.1754
CodeMNA
Updated At4th of May 2025
Currency NameUS Dollar
IQ Merger Arbitrage [MNA] is traded in USA and was established 2009-11-17. The fund is classified under Event Driven category within IndexIQ family. The entity is thematically classified as Long/short ETFs. IQ Merger Arbitrage now have 552.12 M in assets. , while the total return for the last 3 years was 3.3%.
Check IQ Merger Probability Of Bankruptcy

Geographic Allocation (%)

IQ Merger Arbitrage Currency Exposure

IQ Merger Arbitrage holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of IQ Merger will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in IQ Merger Arbitrage.

Top IQ Merger Arbitrage Etf Constituents

XLUUtilities Select SectorEtfUtilities
EVMast Global BatteryEtfNatural Resources
DNBDun Bradstreet HoldingsStockIndustrials
MBMasterBeef Group OrdinaryStockSoftware - Application
BILSPDR Bloomberg 1 3EtfUltrashort Bond
SHViShares Short TreasuryEtfUltrashort Bond
DYNDyne TherapeuticsStockHealth Care
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IQ Merger Top Holders

QALTXQuantified Alternative InvestmentMutual FundMacro Trading
QALAXQuantified Alternative InvestmentMutual FundMacro Trading
More Details

IQ Merger Arbitrage Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IQ Merger. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

IQ Merger Against Markets

When determining whether IQ Merger Arbitrage offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IQ Merger's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Iq Merger Arbitrage Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Iq Merger Arbitrage Etf:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in IQ Merger Arbitrage. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as various price indices.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of IQ Merger Arbitrage is measured differently than its book value, which is the value of MNA that is recorded on the company's balance sheet. Investors also form their own opinion of IQ Merger's value that differs from its market value or its book value, called intrinsic value, which is IQ Merger's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IQ Merger's market value can be influenced by many factors that don't directly affect IQ Merger's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IQ Merger's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ Merger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQ Merger's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.