BNGE vs MNA
First Trust S-Network Streaming and Gaming ETF against NYLIM Merger Arbitrage ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
7%
2 shared positions
Fee gap
7 bp
BNGE is cheaper
1-year return gap
24.2 pts
MNA is ahead
Larger fund
MNA
$265M
Side by side
| BNGE | MNA | |
|---|---|---|
| Fund | First Trust S-Network Streaming and Gaming ETF | NYLIM Merger Arbitrage ETF |
| Issuer | First Trust | New York Life |
| Category | Gaming & Betting | Merger Arbitrage & Event |
| Expense ratio | 0.70% | 0.77% |
| Assets | $4.8M | $265M |
| Average daily dollar volume | $41K | $2.0M |
| Listed | Jan 25, 2022 | Nov 17, 2009 |
| FrenzyCap score | 19 | 59 |
| 1-month return | −0.3% | +0.1% |
| 3-month return | +0.4% | +0.8% |
| Year to date | −15.5% | +2.8% |
| 1-year return | −21.5% | +2.7% |
| 30-day volatility | 16.4% | 4.0% |
| Worst drawdown, 1 year | −26.9% | −1.4% |
| Trailing 12-month yield | 0.38% | — |
| Holdings | 47 | 75 |
| Top 10 weight | 47.4% | 35.2% |
| Look-through P/E | — | 29.9 |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | $0 thru Jun 2026 | +$1.8M thru Jul 2026 |
| 30-day implied volatility | 57.5% | 33.1% |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Apr 30, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
9% of BNGE · 7% of MNA
Sector mix of the stock holdings
| Sector | BNGE | MNA | Gap |
|---|---|---|---|
| Technology | 19.0% | 9.6% | +9.3% |
| Communication Services | 14.3% | 4.9% | +9.4% |
| Consumer Discretionary | 13.7% | 2.2% | +11.5% |
| Utilities | 0.0% | 12.8% | −12.8% |
| Industrials | 0.0% | 10.9% | −10.9% |
| Health Care | 0.0% | 10.0% | −10.0% |
| Financials | 0.0% | 6.7% | −6.7% |
| Materials | 0.0% | 6.7% | −6.7% |
| Consumer Staples | 0.0% | 3.9% | −3.9% |
| Real Estate | 0.0% | 3.6% | −3.6% |
More: full overlap table · BNGE holdings · MNA holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.