NYSEArca - Nasdaq Real Time Price USD

NYLI Merger Arbitrage ETF (MNA)

34.81
+0.18
+(0.53%)
As of 3:16:51 PM EDT. Market Open.

ETF Summary

The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index. The underlying index seeks to employ a systematic investment process designed to identify opportunities in companies whose equity securities trade in developed markets, including the U.S., and which are involved in announced mergers, acquisitions and other buyout-related transactions. The fund is non-diversified.

Risk Overview

Performance & Risk

YTD Return 5.10%
5y Average Return 2.79%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.08
Morningstar Risk Rating --

Risk Statistics

3 Years 5 Years 10 Years
MNACategory AverageMNACategory AverageMNACategory Average
Alpha -1.86 -2.28 -0.77 -0.06 -0.57 -0.42
BETA 0.08 0.15 0.06 0.2 0.13 0.27
Mean Annual Return 0.28 0.28 0.22 0.41 0.2 0.3
R-squared 11.68 26.2 4.15 27.27 15.38 37.54
Standard Deviation 3.84 4.48 4.18 5.49 4.87 6.55
Sharpe Ratio -0.35 -0.33 -0.04 0.32 0.08 0.24
Treynor Ratio -17.04 -14.37 -4.73 8.27 2.1 5.33

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