MNANYLI Merger Arbitrage ETF

Grow my money#1259 of 2944 for Grow my money

Seeks investment results that correspond to the price and yield performance of the NYLI Merger Arbitrage Index.

New York Life Investment Management LLC · Since 2009 (16 years)

Annual Cost

0.77%

#3712 out of 5,332 ETFs

Fund Size

$253M

#1931 out of 5,332 ETFs

Dividend Yield

0.00%

Track Record

16 years

#732 out of 5,332 ETFs

Performance

1 Year

+5.2%

3 Years

+5.1%

5 Years

+1.7%

What's inside

Asset class

alternative

Region

global

Strategy

arbitrage

Asset allocation

Stocks

67.3%

Cash

22.7%

Preferred

8.2%

Bonds

1.4%

Other

0.5%

Top holdings

American Airlines Group IncAAL4.8%

Teck Resources Ltd Class B (Sub Voting)TECK-B.TO4.5%

Electronic Arts IncEA3.9%

Norfolk Southern CorpNSC3.8%

Chart Industries IncGTLS3.5%

Black Hills CorpBKH3.5%

TXNM Energy IncTXNM3.5%

NorthWestern Energy Group IncNWE3.4%

Risk profile

Volatility (1Y)

4.5%

Moderate

Max drawdown

-16.7%

Worst peak-to-trough loss

Sharpe (3Y)

0.33

Below average

Sortino (3Y)

0.47

Moderate downside risk

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