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ALL
AUM
$256822172
P/E ratio
24.6
Dividend yield
1.2092%
Expense ratio
0.77%
Beta
0.079652
Previous close
$36.08
Today's open
$35.96
Day's range
$35.91 - $35.99
52 week range
$32.68 - $36.73
Equities
Multi Alternative
10.62%
4.14%
ETFs to Watch as Global M&A Momentum Returns
Global M&A activity hits $1.29T in Q3, fueled by rate-cut hopes and record U.S. bank deals, signaling strong momentum for dealmaking.
Zacks Investment Research • Oct 9, 2025

Further Rate Cuts Could Pave the Way for M&A ETFs
After holding steady for much of 2025, the U.S. Federal Reserve finally instituted the first rate cut of 25 basis points, which could help jumpstart more mergers and acquisitions (M&A) activity. Likewise, this and further rate cuts could benefit exchange traded funds (ETFs) that provide exposure to M&A dealmaking.
ETF Trends • Oct 6, 2025

M&A Deals Thriving in 2025: ETFs in Focus
M&A deals are booming in 2025 despite fewer transactions -- megadeals, AI bets and Fed cuts may fuel ETFs like MNA, IAI, KBWB & CHAT.
Zacks Investment Research • Oct 3, 2025

Merger & Acquisition ETF (MNA) Hits New 52-Week High
For investors seeking momentum, NYLI Merger Arbitrage ETF MNA is probably on the radar. The fund just hit a 52-week high and is up 11.56% from its 52-week low price of $30.36/share.
Zacks Investment Research • Feb 24, 2025

Upbeat Year Ahead for Mergers and Acquisitions? ETFs to Consider
Driven by increasing global M&A deal notifications and easing financial market conditions, investing in ETFs employing a merger arbitrage strategy can be a smart play.
Zacks Investment Research • Nov 29, 2024

Time for Merger & Acquisition ETFs With Deal-Making Staging a Comeback?
Deal making should rise in 2024 due to easing inflation and interest rate cuts, pent-up demand for deals, and strategic initiatives taken by companies.
Zacks Investment Research • Sep 26, 2024

Wall Street Investment Banking Gains Momentum: ETFs in Focus
After two years of subdued dealmaking, key Wall Street banks have been witnessing a resurgence in investment banking activity.
Zacks Investment Research • Apr 19, 2024

MNA: Merger Arbitrage Improving With Discounts As Biden FTC Risk Is Discounted
Merger arbitrage strategy ETFs like MNA were highly profitable from 2010 to 2020 due to quick government approval of mergers and high M&A deal volumes. Since 2020, the M&A fund MNA has underperformed as the Biden Administration has blocked numerous large mergers, and overall volumes have declined. In the coming months, the impact of US government politics on the alpha generation of the merger arbitrage strategy should be closely watched.
Seeking Alpha • Mar 12, 2024

M&A to Bounce Back in 2024? ETFs in Focus
After a weak M&A year of 2023, things are looking bright for space due to chances of Fed rate cuts, higher pent-up demand and improving financial markets.
Zacks Investment Research • Mar 6, 2024

MNA: Merger Arbitrage Fund That Fails To Impress
MNA IQ Merger Arbitrage ETF is a fund that focuses on investing in companies involved in mergers and acquisitions. The fund uses a strategy called merger arbitrage to profit from price discrepancies between the target company's stock and the offer price. Mergers are highly scrutinized transactions, especially for certain regulated sectors.
Seeking Alpha • Feb 27, 2024

¹ Disclosures

Open an M1 investment account to buy and sell IQ Merger Arbitrage ETF commission-free¹. Build wealth for the long term using automated trading and transfers.