MNA vs IJUL

Comparison between NYLI MERGER ARBITRAGE ETF (MNA, ETF) and Innovator International Developed Power Buffer ETF July (IJUL, ETF).

5-Year PerformanceIJUL has outperformed MNA, delivering a return of +8.5% compared to +2.4%

MNA vs IJUL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MNA(ETF)	IJUL(ETF)
Net Assets	$252M	$252M
Expense Ratio	0.77%	0.85%
Max Drawdown	16.68%	21.09%
Sharpe Ratio	-0.06	1.24
5Y Beta	0.10	0.39

Net Assets

MNA

$252M

Winner

IJUL

$252M

Expense Ratio

Winner

MNA

0.77%

IJUL

0.85%

Max Drawdown

Winner

MNA

16.68%

IJUL

21.09%

Sharpe Ratio

MNA

-0.06

Winner

IJUL

1.24

5Y Beta

Winner

MNA

0.10

IJUL

0.39

MNA vs IJUL - Historical Returns

Returns include dividend reinvestment.

Period	MNA	IJUL
1 month	+0.69%	+2.72%
3 months	+1.01%	+4.93%
6 months	+1.38%	+6.29%
1 year	+3.47%	+14.18%
5 years(CAGR)	+2.44%	+8.48%
10 years(CAGR)	+2.88%	N/A
Max(CAGR)	+2.71%	+6.88%

MNA

+0.69%

Winner

IJUL

+2.72%

MNA

+1.01%

Winner

IJUL

+4.93%

MNA

+1.38%

Winner

IJUL

+6.29%

MNA

+3.47%

Winner

IJUL

+14.18%

5Y(CAGR)

MNA

+2.44%

Winner

IJUL

+8.48%

10Y(CAGR)

MNA

+2.88%

IJUL

N/A

Max(CAGR)

MNA

+2.71%

Winner

IJUL

+6.88%

MNA vs IJUL - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	MNA	IJUL
2026	+2.70%	+9.96%
2025	+8.19%	+21.14%
2024	+4.83%	+3.00%
2023	+0.21%	+13.48%
2022	-1.49%	-2.81%
2021	-3.36%	+2.80%
2020	+2.65%	+0.25%
2019	+5.10%	+3.35%
2018	+1.70%	N/A
2017	+5.72%	N/A
2016	+4.30%	N/A
2015	+1.45%	N/A
2014	+5.68%	N/A
2013	+7.13%	N/A
2012	+1.16%	N/A
2011	-0.69%	N/A
2010	-2.62%	N/A
2009	+0.96%	N/A

MNA vs IJUL Drawdown Comparison

The maximum drawdown for MNA was -16.68%, occurring on Mar 18, 2020. Recovery took 172 trading sessions.

The maximum drawdown for IJUL was -21.09%, occurring on Mar 18, 2020. Recovery took 225 trading sessions.

The current MNA drawdown is -0.09%. The current IJUL drawdown is -0.16%.

Rank	MNA	IJUL
#1	-16.68% Jan 24, 2020 - Sep 29, 2020	-21.09% Jan 17, 2020 - Dec 8, 2020
#2	-11.94% Apr 23, 2010 - Jul 18, 2013	-14.59% Nov 5, 2021 - Jan 13, 2023
#3	-10.74% Apr 26, 2021 - Jan 15, 2025	-8.27% Mar 19, 2025 - Apr 29, 2025
#4	-5.78% May 28, 2015 - Mar 3, 2016	-6.87% Jul 31, 2023 - Dec 13, 2023
#5	-4.83% Jan 24, 2018 - Oct 16, 2018	-6.68% Sep 26, 2024 - Mar 5, 2025
#6	-3.98% Jan 8, 2021 - Apr 21, 2021	-5.35% Feb 25, 2026 - Apr 17, 2026
#7	-3.90% Jul 23, 2014 - Nov 26, 2014	-5.21% Jun 6, 2024 - Aug 21, 2024
#8	-3.04% Aug 8, 2013 - Sep 18, 2013	-4.77% Feb 2, 2023 - Mar 31, 2023
#9	-3.00% Jan 31, 2019 - Oct 22, 2019	-3.90% Mar 27, 2024 - May 9, 2024
#10	-2.85% May 25, 2016 - Sep 2, 2016	-3.85% Jul 3, 2019 - Oct 18, 2019
#11	-2.50% Nov 7, 2018 - Jan 15, 2019	-3.82% May 22, 2023 - Jun 13, 2023
#12	-2.44% Mar 20, 2014 - Jun 17, 2014	-3.40% Jun 15, 2023 - Jul 13, 2023
#13	-2.33% Nov 6, 2020 - Jan 8, 2021	-2.98% Nov 12, 2025 - Dec 10, 2025
#14	-2.28% Mar 4, 2016 - May 25, 2016	-2.79% Jun 12, 2025 - Jun 27, 2025
#15	-2.26% Sep 30, 2016 - Nov 23, 2016	-2.52% Dec 28, 2023 - Feb 1, 2024