New
Trackinsight Enterprise, a unified platform for institutional ETF research, analytics, and compliance, is now live. Explore Trackinsight Enterprise →
Help us improve your experience. Please confirm your investor type:
Compare ETFs Easily
The Ultimate ETF Comparison Tool - Try Now!
Analyze up to 5 ETFs side-by-side and gain instant insights on performance, fees, holdings, and more to make data-driven investment decisions.
MNA ETF · NYLI Merger Arbitrage ETF
The MNA Exchange Traded Fund (ETF) is provided by New York Life Investments. It is built to track an index: NYLI Merger Arbitrage Index. The MNA ETF provides physical exposure, so by buying it you actually own parts of all the 46 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update Yesterday at 1:30 PM UTC
LIVE
CLOSED
This fund is part ofUncategorized Equities1M perf.-3.41%
Last price
$36.02
1M perf.
-0.34%
1M flows
+€1.7K
AuM
€219M
E/R
0.77%
Rating
ESG Consensus®
MNA
$36.02
Performance & flows
December 11, 2025 → March 11, 2026
Create a free account to view the flows graph
MNA
$36.16
+0.70%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -0.34% | +0.70% | +6.77% | +18.57% | +11.53% | -0.29% | +0.87% | +0.87% | |
| Flows |
Key fund info
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
CUSIP
45409B800
ISIN
US45409B8000
AuM
€219M
E/R
0.77%
Replication rating
ESG Consensus®
More details
NAV
3/11/2026
$36.20
1D NAV change
-0.10%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
46
Inception date
11/17/2009
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
Create a free account to view dividend distribution
Classification
Investment strategy
The NYLI Merger Arbitrage ETF (MNA) seeks investment results that track, before fees and expenses, the price and yield performance of the NYLI Merger Arbitrage Index.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
Create a free Trackinsight Essentials account to unlock insights
Access exclusive metrics and features to support your investment decisions.
Built for professionals: access exclusive fund metrics and selection tools in Trackinsight Enterprise.
Enterprise Fund page features include:
Legal documents
Powerful buy-list integration
Fund data exports
Advanced risk metrics
Advanced replication analysis
Advanced exposure look-through
Upload your own internal metrics
Custom data feature
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseAdvertisement
Risk profile
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +0.70% | +6.77% | +18.57% | +11.53% |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
Create a free account to view risk/return table
Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
Built for professionals: access exclusive risk metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseExposure
Countries
USA
56.20%
Canada
10.10%
Netherlands
5.87%
Israel
3.62%
Japan
3.15%
United Kingdom
2.65%
Bermuda
2.01%
Australia
1.66%
Unavailable
14.73%
Sectors
Industrials
18.02%
Information Technology
15.14%
Materials
11.11%
Health Care
7.98%
Communication Services
7.06%
Utilities
6.12%
Financials
6.04%
Real Estate
4.70%
Unavailable
18.04%
Other
5.79%
Diversification
Total weight of top 15 holdings out of 46
Top 15 holdings
Data as of January 31, 2026
TECK RESOURCES LIMITED
ELECTRONIC ARTS
NORFOLK SOUTHERN
JDE PEETS
CHART INDUSTRIES
PNM RESOURCES
CYBERARK SOFTW/D
CERIDIAN HCM HOLDING INC
Create a free account to view top holdings
AIR LEASE
TEGNA
JUST GROUP
ESSENTIAL UTILITIES INC
FUJITEC
INTERRENT REAL ESTATE INVESTMENT UNT
US49177J1025
Create a free account to view top holdings
Built for professionals: access exclusive exposure metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseSustainability
Integrates ESG criteria
No
SDG
Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseReplication
Trackinsight replication rating:
Replication quality
Calculated over 12m, as of February 27, 2026
Tracking error
Tracking difference
Replication information
Index
NYLI Merger Arbitrage Total Return Index - USD
Index ticker
IQMNAT Index
Index dividend policy
GTR
Replication method
Replication model
Built for professionals: access exclusive replication metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
New York Life Investments
New York Life Investments ID Card
Number of funds
19
Total AuM
€5.84B
Expense ratio range
0.1% - 1.92%
Average expense ratio
0.5884%
Top 5 funds by New York Life Investments
| AuM | ||
|---|---|---|
MMIT | NYLI MacKay Muni Intermediate ETF | €1.26B |
HFXI | NYLI FTSE International Equity Currency Neutral ETF | €1.24B |
QAI | NYLI Hedge Multi-Strategy Tracker ETF | €667M |
IWLG | NYLI Winslow Large Cap Growth ETF | €556M |
MMIN | NYLI MacKay Muni Insured ETF | €360M |
Frequently asked questions about MNA
What does NYLI Merger Arbitrage ETF, MNA, invest in?
MNA is a Passive ETF. This ETF provides exposure to Other Developed markets Equities.
Which benchmark or index does MNA replicate?
MNA tracks the NYLI Merger Arbitrage Total Return Index - USD, through a full replication replication method.
What is the Total Expense ratio (TER) of MNA?
MNA carries a total expense ratio (TER) of 0.77%, indicating the annual cost for holding the fund.
When was MNA launched?
MNA was introduced to the market on November 17, 2009. It trades on United States
Who is the ETF issuer of MNA?
NYLI Merger Arbitrage ETF, MNA, is provided by New York Life Investments. Learn more about New York Life Investments here.
What is the current assets under management (AUM) of MNA?
MNA oversees €219M in assets as of March 11, 2026.
How has MNA performed lately?
Based on data from March 11, 2026, MNA returned -0.34% over the past month, 0.70% over the last three months and 0.87% year-to-date.
What are the latest inflows or outflows for MNA?
As of March 11, 2026, MNA recorded net flows of +€46K over the last month and -€12M year-to-date.
Does MNA distribute dividends?
MNA follows a distributing dividend policy, meaning it pays out income to investors.
What are the main country or region exposures of MNA?
As of January 31, 2026, MNA has significant geographic allocations in USA, Canada and Netherlands.
In which sector or theme does MNA invest in?
As of January 31, 2026, MNA focuses largely on Industrials, Information Technology and Materials.
How many securities does MNA hold and how diversified is it?
As of January 31, 2026, MNA holds 46 positions in its portfolio, with 50.07% of assets concentrated in its top 15 holdings.
What are the main positions in MNA?
As of January 31, 2026, MNA top three holdings include TECK RESOURCES LIMITED, ELECTRONIC ARTS and NORFOLK SOUTHERN.
What is the base currency of MNA?
The base currency of MNA is USD.
Advertisement
About Trackinsight
Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.
Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.
In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.
This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.
Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.
More about TrackinsightETF TOOLS
PLATFORM
ETF NEWS & RESEARCH
© 2014-2026 Trackinsight SA. All rights reserved.
Privacy policy | Cookie policy | | Terms of use | Imprint
Privacy policy | Cookie policy | | Terms of use | Imprint
