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NYLI Merger Arbitrage ETF
MNA performance and flow charts
Performance
Flows
Historic performance and flows
Data as of April 24, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | +0.12% | +0.67% | +1.41% | +5.59% | +15.82% | +9.11% |
| Flows | -$4M | -$9M | -$18M | +$2M | -$245M | -$482M |
Characteristics
The NYLI Merger Arbitrage ETF is built to track the NYLI Merger Arbitrage Total Return Index - USD. This ETF provides physical exposure - by owning its shares you earn the return of the securities composing the index (as the ETF holds them directly). This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Strategy | Long Only |
| Provider | New York Life Investments |
| N° of holdings | 111 |
| Replication method | Direct (Physical) |
| Asset class | Equity |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | November 17, 2009 |
| ESG | No |
More data and info about MNA on Trackinsight
Exposure
Data as of March 31, 2026Diversification
Total weight of top 15 holdings out of 111
Top 15 Holdings
Sectors
Countries
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +3.32% | +2.80% | +3.41% | +3.87% |
Max drawdown | -0.90% | -1.38% | -3.13% | -10.48% |
Max drawdown duration | 8d | 118d | 234d | 1358d |
Time to recover | 2d | 56d | 45d | 943d |
Replication quality
Data as of March 31, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
What type of ETF is MNA?
MNA is a Passive ETF that provides exposure to Equity assets. It is managed by New York Life Investments.
What index does MNA track?
MNA tracks the NYLI Merger Arbitrage Total Return Index - USD, aiming to replicate its performance through full replication.
What does MNA invest in?
This ETF provides exposure to Other Developed markets Equities. It is part of the segment: Uncategorized Equities.
What is the expense ratio of MNA?
The total expense ratio (TER) of MNA is 0.77%, representing the annual fee charged by the fund manager.
When was MNA launched?
MNA was launched on November 17, 2009, marking its entry into the ETF market.
Who is the issuer of MNA?
MNA is issued by New York Life Investments.
What is the AUM of MNA?
As of April 24, 2026, MNA manages $249.34 M, reflecting the total assets held in the fund.
How has MNA performed recently?
As of April 24, 2026, MNA delivered a return of 0.12% over the past month (1M performance), 0.67% over the past three months (3M), and 1.41% year-to-date (YTD).
What are the recent fund flows for MNA?
As of April 24, 2026, MNA has seen net flows of -$4M in the past month (1M flow) and -$18M year-to-date (YTD).
How many holdings are in MNA
As of March 31, 2026, MNA holds 111 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is MNA?
As of March 31, 2026, MNA holds 111 securities, with 43.34% of its assets concentrated in its top 15 holdings.
What are the top holdings of MNA?
As of March 31, 2026, MNA holds a portfolio of 111 underlyings, with its largest positions including TECK RESOURCES LIMITED, ELECTRONIC ARTS and NORFOLK SOUTHERN. These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does MNA invest in?
As of March 31, 2026, MNA has its largest geographic exposures in USA.
What sectors or themes does MNA focus on?
As of March 31, 2026, MNA is primarily exposed to Industrials, Health Care and Communication Services.
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