What is IQ Merger Arbitrage ETF share price today?
IQ Merger Arbitrage ETF (MNA) is currently trading at $36.72. You can also track daily change, historical performance, trading volume and other key ETF details on this page.How can I buy IQ Merger Arbitrage ETF shares from India?
Indian investors can buy IQ Merger Arbitrage ETF (MNA) by opening a US investing account through a platform that provides access to US stocks and ETFs, completing the required verification, transferring funds under the Liberalised Remittance Scheme (LRS), and placing an order in USD.Can Indians/NRIs invest in IQ Merger Arbitrage ETF from India?
Yes, Indian residents and NRIs can invest in IQ Merger Arbitrage ETF (MNA) through platforms that offer access to US-listed stocks and ETFs, subject to applicable regulations, including RBI’s Liberalised Remittance Scheme (LRS) guidelines.What is the expense ratio of IQ Merger Arbitrage ETF?
The expense ratio of IQ Merger Arbitrage ETF (MNA) is 0.77%. It represents the annual operating cost charged by the ETF provider for managing the fund and tracking its underlying index.What are IQ Merger Arbitrage ETF’s top holdings?
IQ Merger Arbitrage ETF (MNA)’s top holdings currently include American Airlines Group, Teck Resources Limited, and Dominion Energy Inc. The ETF’s complete holdings list, allocation and sector exposure are available in the Holdings section on this page.Can I buy fractional shares of IQ Merger Arbitrage ETF?
Many platforms offering US ETF investing allow fractional investing, enabling Indian investors to buy a portion of IQ Merger Arbitrage ETF (MNA) instead of a full share. This allows investment based on a fixed dollar amount.What are the tax implications of investing in IQ Merger Arbitrage ETF for Indian investors?
Gains from IQ Merger Arbitrage ETF (MNA) are generally taxed in India based on the applicable holding period and tax rules. Dividends may be subject to US withholding tax and Indian taxation rules. The final tax treatment depends on individual circumstances.Is there a TCS on remitting money to buy IQ Merger Arbitrage ETF under LRS?
Remittances under the Liberalised Remittance Scheme (LRS) for overseas investments, including US ETFs like IQ Merger Arbitrage ETF (MNA), may attract TCS above specified thresholds. Applicable rates and limits are determined by government regulations and may change over time.What is IQ Merger Arbitrage ETF’s AUM (assets under management)?
IQ Merger Arbitrage ETF (MNA)’s current assets under management (AUM) are $260.58M. AUM represents the total market value of assets managed by the ETF and indicates the size of the fund.What is IQ Merger Arbitrage ETF’s P/E ratio?
IQ Merger Arbitrage ETF (MNA)’s price-to-earnings (P/E) ratio is 14.01. It represents the weighted valuation of the companies held within the ETF relative to their earnings.How does IQ Merger Arbitrage ETF compare with Saba Closed-End Funds ETF (CEFS), AltShares Trust - AltShares Merger Arbitrage ETF (ARB), and First Trust Equity Market Neutral ETF (NTRL)?
You can compare IQ Merger Arbitrage ETF (MNA) with Saba Closed-End Funds ETF (CEFS), AltShares Trust - AltShares Merger Arbitrage ETF (ARB), and First Trust Equity Market Neutral ETF (NTRL) based on metrics such as expense ratio, AUM, P/E ratio, holdings, liquidity and historical returns in the Peers & Comparison section.What is IQ Merger Arbitrage ETF’s NAV (net asset value) today?
IQ Merger Arbitrage ETF (MNA)’s NAV represents the per-unit value of the ETF’s underlying holdings after adjusting for expenses and liabilities. It is calculated once daily after markets close and may differ from the ETF’s live market price.
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$36.720.02% (-0.00)
High
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Low
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Returns
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1D
1W
1M
1Y
5Y
Max
1D
1W
1M
1Y
5Y
Max
Key Metrics
Key Metrics
Expense Ratio
Expense Ratio
The operating and administrative costs of running the fund measured as the percentage of fund assets
0.77%
AUM
AUM
Current market value of the ETF scheme managed by the Asset Management Company
$260.58M
Beta
Beta
Sensitivity of the stock's price relative to the country's key indices over the last 5 years
0.02
Volatility (3Y)
Volatility (3Y)
The annualized standard deviation of the ETF's returns calculated over the last 3 years
2.78%
PE
PE
Ratio of price to the prospective earnings of the ETF's underlyings
14.01
PE Category
PE Category
Ratio of price to the prospective earnings of the holdings of ETFs from the same category
18.05
ETF Profile
Peers
Peers
Exp. Ratio
5.81%
5.81%
PE
17.50
17.50
1Y Return
13.48%
13.48%
Exp. Ratio
0.77%
0.77%
PE
14.06
14.06
1Y Return
2.84%
2.84%
Exp. Ratio
1.7999%
1.7999%
PE
15.94
15.94
1Y Return
0.6%
0.6%
Exp. Ratio
0.75%
0.75%
PE
16.88
16.88
1Y Return
6.6%
6.6%
Exp. Ratio
1.29%
1.29%
PE
17.06
17.06
1Y Return
2.34%
2.34%
Peers & Comparison
Peers & Comparison
ETFEvent Driven
| ETF | Total AUMTotal AUM | Exp. RatioExp. Ratio | 1Y Return1Y Return |
|---|---|---|---|
| IQ Merger Arbitrage ETF | $260.58M | 0.77% | 2.95% |
| Saba Closed-End Funds ETF | $440.71M | 5.81% | 13.48% |
| AltShares Trust - AltShares Merger Arbitrage ETF | $102.68M | 0.77% | 2.84% |
Price Comparison
Price Comparison
1 Month
1 Year
5 Years
Top Holdings
Top Holdings
- NameHoldingsSector
- American Airlines GroupSector: IndustrialsHoldings6.19 %American Airlines GroupAAL
Holdings
6.19 %
Industrials - Teck Resources LimitedSector: Basic MaterialsHoldings5.54 %Teck Resources Limited
Holdings
5.54 %
Basic Materials - Dominion Energy IncSector: UtilitiesHoldings3.18 %Dominion Energy IncD
Holdings
3.18 %
Utilities - Warner Bros Discovery IncSector: Communication ServicesHoldings3.17 %Warner Bros Discovery IncWBD
Holdings
3.17 %
Communication Services - Caesars Entertainment CorporationSector: Consumer CyclicalHoldings2.93 %Caesars Entertainment CorporationCZR
Holdings
2.93 %
Consumer Cyclical - Axa Equitable Holdings IncSector: Financial ServicesHoldings2.88 %Axa Equitable Holdings IncEQH
Holdings
2.88 %
Financial Services - Kenvue Inc.Sector: Consumer DefensiveHoldings2.79 %Kenvue Inc.KVUE
Holdings
2.79 %
Consumer Defensive - Corebridge Financial Inc.Sector: Financial ServicesHoldings2.75 %Corebridge Financial Inc.CRBG
Holdings
2.75 %
Financial Services - Organon & CoSector: HealthcareHoldings2.59 %Organon & CoOGN
Holdings
2.59 %
Healthcare - Schroders PLCSector: Financial ServicesHoldings2.46 %Schroders PLCSHNWF
Holdings
2.46 %
Financial Services