MNA:NYE-IQ Merger Arbitrage ETF (USD)

ETF | Market Neutral |

Last Closing

USD 34.71

Change

-0.03 (-0.08)%

Market Cap

N/A

Volume

0.02M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2025-05-07 )

Largest Industry Peers for Market Neutral

Symbol Name Price(Change) Market Cap
BTAL AGFiQ U.S. Market Neutral Anti..

+0.02 (+0.10%)

N/A

ETFs Containing MNA

NDOW Anydrus Advantage ETF 4.66 % 0.00 %

+0.06 (+0.25%)

USD 0.04B

Market Performance

  Market Performance vs. Industry/Classification (Market Neutral) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 5.31% 50% F 82% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 5.31% 50% F 81% B-
Trailing 12 Months  
Capital Gain 11.50% 100% F 80% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 11.50% 100% F 75% C
Trailing 5 Years  
Capital Gain 8.50% 100% F 39% F
Dividend Return 3.58% 50% F 7% C-
Total Return 12.08% 100% F 27% F
Average Annual (5 Year Horizon)  
Capital Gain 0.06% 100% F 35% F
Dividend Return 0.70% 50% F 27% F
Total Return 0.64% 50% F 16% F
Risk Return Profile  
Volatility (Standard Deviation) 4.53% 100% F 93% A
Risk Adjusted Return 15.54% 100% F 34% F
Market Capitalization N/A N/A N/A N/A N/A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.