See what your fund actually adds
NYLIM Merger Arbitrage ETF MNA
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | MNA | Replication |
|---|---|---|
| Annualized growth | 2.5% | 4.3% |
| Annualized volatility | 3.8% | 1.6% |
| Sharpe ratio | 0.67 | 2.69 |
| Maximum drawdown | 7.8% | 2.9% |
| Replication fit (R²) | 0.30 · Tracking error 3.2% | |
Replication portfolio
The published portfolio below is the investable basket used to model MNA’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| USFR | FI · Floating Rate Notes | 67.8% |
| BKLN | FI · Senior Bank Loans | 18.1% |
| EMLC | FI · EM Local Currency | 7.7% |
| ICVT | FI · Convertibles | 3.4% |
| XLU | Sector · Utilities | 3.1% |