MNA vs SIO
Comparison between NYLI MERGER ARBITRAGE ETF (MNA, ETF) and TOUCHSTONE STRATEGIC INCOME ETF (SIO, ETF).
MNA vs SIO - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
MNA
$249M
SIO
$249M
Expense Ratio
MNA
0.77%
Winner
SIO
0.50%
Max Drawdown
MNA
16.68%
Winner
SIO
8.43%
Sharpe Ratio
MNA
0.13
Winner
SIO
0.59
5Y Beta
MNA
0.10
Winner
SIO
0.06
P/E Ratio
MNA
75.68
SIO
N/A
Forward P/E
MNA
13.48
SIO
N/A
Debt to Equity
MNA
100.38%
SIO
N/A
P/S Ratio
MNA
1.75
SIO
N/A
P/B Ratio
MNA
2.77
SIO
N/A
MNA vs SIO - Historical Returns
Returns include dividend reinvestment.
1M
MNA
+0.04%
Winner
SIO
+0.40%
3M
Winner
MNA
+0.72%
SIO
-0.41%
6M
Winner
MNA
+1.70%
SIO
+1.33%
1Y
MNA
+4.23%
Winner
SIO
+6.34%
5Y(CAGR)
MNA
+1.86%
SIO
N/A
10Y(CAGR)
MNA
+2.75%
SIO
N/A
Max(CAGR)
MNA
+2.68%
Winner
SIO
+6.56%
MNA vs SIO - Annual Returns (2009 - 2026)
Returns include dividend reinvestment.
| Year | MNA | SIO |
|---|---|---|
| 2026 | +1.64% | +0.91% |
| 2025 | +8.19% | +9.20% |
| 2024 | +4.83% | +6.44% |
| 2023 | +0.21% | +8.06% |
| 2022 | -1.49% | +0.71% |
| 2021 | -3.36% | N/A |
| 2020 | +2.65% | N/A |
| 2019 | +5.10% | N/A |
| 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 SIO Drawdown Comparison
The maximum drawdown for MNA was -16.68%, occurring on Mar 18, 2020. Recovery took 172 trading sessions.
The maximum drawdown for SIO was -6.95%, occurring on Oct 20, 2022. Recovery took 101 trading sessions.
The current MNA drawdown is -0.46%. The current SIO drawdown is -1.06%.
| Rank | MNA | SIO |
|---|---|---|
| #1 | -16.68% Jan 24, 2020 - Sep 29, 2020 | -6.95% Aug 12, 2022 - Jan 6, 2023 |
| #2 | -11.94% Apr 23, 2010 - Jul 18, 2013 | -4.86% Feb 2, 2023 - Nov 29, 2023 |
| #3 | -10.74% Apr 26, 2021 - Jan 15, 2025 | -3.18% Sep 20, 2024 - Feb 26, 2025 |
| #4 | -5.78% May 28, 2015 - Mar 3, 2016 | -2.62% Feb 27, 2026 - Mar 27, 2026 |
| #5 | -4.83% Jan 24, 2018 - Oct 16, 2018 | -2.38% Mar 28, 2024 - May 15, 2024 |
| #6 | -3.98% Jan 8, 2021 - Apr 21, 2021 | -2.26% Apr 3, 2025 - Apr 29, 2025 |
| #7 | -3.90% Jul 23, 2014 - Nov 26, 2014 | -1.46% Feb 1, 2024 - Mar 6, 2024 |
| #8 | -3.04% Aug 8, 2013 - Sep 18, 2013 | -1.30% Oct 27, 2025 - Dec 26, 2025 |
| #9 | -3.00% Jan 31, 2019 - Oct 22, 2019 | -1.19% May 16, 2024 - Jun 4, 2024 |
| #10 | -2.85% May 25, 2016 - Sep 2, 2016 | -1.06% Dec 26, 2025 - Feb 10, 2026 |
| #11 | -2.50% Nov 7, 2018 - Jan 15, 2019 | -1.04% Jun 30, 2025 - Jul 28, 2025 |
| #12 | -2.44% Mar 20, 2014 - Jun 17, 2014 | -1.03% Dec 27, 2023 - Jan 12, 2024 |
| #13 | -2.33% Nov 6, 2020 - Jan 8, 2021 | -1.00% Apr 30, 2025 - May 30, 2025 |
| #14 | -2.28% Mar 4, 2016 - May 25, 2016 | -0.95% Mar 8, 2024 - Mar 27, 2024 |
| #15 | -2.26% Sep 30, 2016 - Nov 23, 2016 | -0.81% Mar 3, 2025 - Apr 1, 2025 |
Correlation
Correlation between MNA and SIO is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.
0.93
-101
Dividend Comparison (2009 - 2026)
MNA vs SIO dividend yield comparison.
| Year | MNA | SIO |
|---|---|---|
| 2026 | 0.00% | 2.01% |
| 2025 | 0.00% | 6.80% |
| 2024 | 0.00% | 5.30% |
| 2023 | 1.20% | 5.37% |
| 2022 | 0.00% | 3.12% |
| 2020 | 2.30% | 0.00% |
| 2016 | 0.21% | 0.00% |
| 2015 | 0.87% | 0.00% |
| 2013 | 0.99% | 0.00% |
| 2012 | 0.19% | 0.00% |
| 2010 | 1.33% | 0.00% |
| 2009 | 0.01% | 0.00% |
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