evenfolioETF Details
New York Life Investment Management LLC·Event Driven·MNA · NYSE Arca
NYLIM Merger Arbitrage ETF (MNA)
- Price
- $36.86
- —30 Oct 2026
- Assets
- $264.7M
- Total net assets
- Expense ratio
- 0.78%
- Category 1.83%
- Yield
- 0.00%
- Trailing distributions
- 1Y return
- 3.1%-2.0%
- Category 5.1%
- 3Y CAGR
- 5.9%-1.5%
- Category 7.4%
- 5Y CAGR
- 2.6%-1.3%
- Category 3.9%
Loading NAV history…
NYLIM Merger Arbitrage ETF
Calendar-year returns
Fund only: no comparison series covers this fund's history.
Risk statistics
Five years of daily closes. Risk-free rate 4% a year.
- Standard deviation
- —
- Maximum drawdown
- —
- Sharpe ratio
- —
- Sortino ratio
- —
- Beta
- —
- Alpha
- —
- R²
- —
- Information ratio
- —
- Upside capture
- —
- Downside capture
- —
- Tracking error
- —
| Period | 1M | 3M | 6M | YTD | 1Y | 3YCAGR | 5YCAGR | 10YCAGR | LaunchCAGR |
|---|---|---|---|---|---|---|---|---|---|
| ETF | +0.1% | +0.9% | +1.4% | +3.0% | +3.1% | +5.9% | +2.6% | +2.9% | +2.7% |
| Event Driven average | 0.4% | 0.6% | 1.9% | 3.8% | 5.1% | 7.4% | 3.9% | 3.3% | 3.5% |
| Difference | -0.3% | +0.3% | -0.5% | -0.8% | -2.0% | -1.5% | -1.3% | -0.4% | -0.8% |
Holdings
The 8 largest positions make up 30.5% of the fund.
Top holdings
| Ticker | Holding | Weight |
|---|---|---|
| AAL | American Airlines Group Inc | 6.07% |
| TECK-B.TO | Teck Resources Ltd Class B (Sub Voting) | 5.55% |
| WBD | Warner Bros. Discovery Inc Ordinary Shares - Class A | 3.66% |
| NEE | NextEra Energy Inc | 3.14% |
| CZR | Caesars Entertainment Inc | 3.08% |
| D | Dominion Energy Inc | 3.08% |
| CRBG | Corebridge Financial Inc | 2.95% |
| EQH | Equitable Holdings Inc | 2.93% |
Portfolio valuation
Weighted averages of what the fund holds.
- P/E
- 19.1
- P/B
- 2.2
- P/S
- 0.9
- P/CF
- 7.7
Sector allocation
Share of the equity the fund holds.
- Industrials24.6%
- Financial services15.7%
- Health care12.9%
- Communication services11.2%
- Technology8.0%
- Materials7.6%
- Consumer discretionary6.1%
- Real estate5.1%
- Consumer staples4.9%
- Utilities2.9%
- Energy1.0%
Asset mix
- Stocks80.8%
- Cash14.0%
- Preferred shares5.1%
- Other0.0%
- Bonds0.0%
Credit quality
Share of the bonds by rating.
- AAA0.5%
- AA99.5%
ETF details
- Issuer
- New York Life Investment Management LLC
- Category
- Alternatives · Event Driven
- Ticker
- MNA
- Exchange
- NYSE Arca
- Inception
- 17 Nov 2009 (17.0 years)
- Structure
- Exchange Traded Fund
- Expense ratio
- 0.78% (category 1.83%)
- Holdings turnover
- 335% (category 244%)
- Distribution yield
- 0.00%
- Beta, 3 years
- 0.02
- Total net assets
- $264.7M
Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.
Other event driven ETFs
Other ETFs in the Event Driven category.