SEIX vs MNA

Comparison between VIRTUS SEIX SENIOR LOAN ETF (SEIX, ETF) and NYLI MERGER ARBITRAGE ETF (MNA, ETF).

5-Year PerformanceSEIX has outperformed MNA, delivering a return of +5.8% compared to +2.1%

SEIX vs MNA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SEIX(ETF)	MNA(ETF)
Net Assets	$250M	$251M
Expense Ratio	0.57%	0.77%
Max Drawdown	18.24%	16.68%
Sharpe Ratio	0.89	-0.02
5Y Beta	0.08	0.10
P/E Ratio	N/A	105.68
Forward P/E	N/A	14.46
5Y Dividends CAGR	14.37%	N/A
Debt to Equity	N/A	109.32%
P/S Ratio	N/A	1.45
P/B Ratio	N/A	2.62

Net Assets

SEIX

$250M

Winner

MNA

$251M

Expense Ratio

Winner

SEIX

0.57%

MNA

0.77%

Max Drawdown

SEIX

18.24%

Winner

MNA

16.68%

Sharpe Ratio

Winner

SEIX

0.89

MNA

-0.02

5Y Beta

Winner

SEIX

0.08

MNA

0.10

P/E Ratio

SEIX

N/A

MNA

105.68

Forward P/E

SEIX

N/A

MNA

14.46

5Y Dividends CAGR

SEIX

14.37%

MNA

N/A

Debt to Equity

SEIX

N/A

MNA

109.32%

P/S Ratio

SEIX

N/A

MNA

1.45

P/B Ratio

SEIX

N/A

MNA

2.62

SEIX vs MNA - Historical Returns

Returns include dividend reinvestment.

Period	SEIX	MNA
1 month	+0.57%	+0.45%
3 months	+1.74%	+0.47%
6 months	+2.50%	+1.31%
1 year	+5.23%	+3.40%
5 years(CAGR)	+5.77%	+2.07%
10 years(CAGR)	N/A	+2.89%
Max(CAGR)	+5.36%	+2.68%

Winner

SEIX

+0.57%

MNA

+0.45%

Winner

SEIX

+1.74%

MNA

+0.47%

Winner

SEIX

+2.50%

MNA

+1.31%

Winner

SEIX

+5.23%

MNA

+3.40%

5Y(CAGR)

Winner

SEIX

+5.77%

MNA

+2.07%

10Y(CAGR)

SEIX

N/A

MNA

+2.89%

Max(CAGR)

Winner

SEIX

+5.36%

MNA

+2.68%

SEIX vs MNA - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	SEIX	MNA
2026	+2.92%	+1.96%
2025	+5.10%	+8.19%
2024	+8.32%	+4.83%
2023	+12.17%	+0.21%
2022	-1.93%	-1.49%
2021	+5.45%	-3.36%
2020	+3.13%	+2.65%
2019	+3.46%	+5.10%
2018	N/A	+1.70%
2017	N/A	+5.72%
2016	N/A	+4.30%
2015	N/A	+1.45%
2014	N/A	+5.68%
2013	N/A	+7.13%
2012	N/A	+1.16%
2011	N/A	-0.69%
2010	N/A	-2.62%
2009	N/A	+0.96%

SEIX vs MNA Drawdown Comparison

The maximum drawdown for SEIX was -17.50%, occurring on Mar 24, 2020. Recovery took 190 trading sessions.

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

The current MNA drawdown is -0.21%.

Rank	SEIX	MNA
#1	-17.50% Jan 21, 2020 - Oct 20, 2020	-16.68% Jan 24, 2020 - Sep 29, 2020
#2	-6.69% Jan 19, 2022 - Jan 30, 2023	-11.94% Apr 23, 2010 - Jul 18, 2013
#3	-3.01% Feb 24, 2025 - May 15, 2025	-10.74% Apr 26, 2021 - Jan 15, 2025
#4	-1.89% Mar 8, 2023 - Apr 17, 2023	-5.78% May 28, 2015 - Mar 3, 2016
#5	-1.36% Sep 18, 2019 - Nov 27, 2019	-4.83% Jan 24, 2018 - Oct 16, 2018
#6	-1.24% Mar 20, 2024 - May 14, 2024	-3.98% Jan 8, 2021 - Apr 21, 2021
#7	-1.13% Jan 16, 2026 - Apr 8, 2026	-3.90% Jul 23, 2014 - Nov 26, 2014
#8	-0.75% May 18, 2023 - Jun 9, 2023	-3.04% Aug 8, 2013 - Sep 18, 2013
#9	-0.63% Feb 14, 2023 - Mar 8, 2023	-3.00% Jan 31, 2019 - Oct 22, 2019
#10	-0.62% Oct 22, 2020 - Nov 6, 2020	-2.85% May 25, 2016 - Sep 2, 2016
#11	-0.60% Nov 26, 2021 - Dec 9, 2021	-2.50% Nov 7, 2018 - Jan 15, 2019
#12	-0.58% Dec 1, 2023 - Dec 18, 2023	-2.44% Mar 20, 2014 - Jun 17, 2014
#13	-0.58% Mar 13, 2024 - Mar 20, 2024	-2.33% Nov 6, 2020 - Jan 8, 2021
#14	-0.55% Oct 3, 2025 - Oct 31, 2025	-2.28% Mar 4, 2016 - May 25, 2016
#15	-0.54% Sep 21, 2023 - Oct 10, 2023	-2.26% Sep 30, 2016 - Nov 23, 2016

Correlation

Correlation between SEIX and MNA is 0.78 which considered as a strong positive correlation - the stocks tend to move together.

0.78

-101

Dividend Comparison (2009 - 2026)

SEIX vs MNA dividend yield comparison.

Year	SEIX	MNA
2026	3.68%	0.00%
2025	7.52%	0.00%
2024	8.09%	0.00%
2023	8.74%	1.20%
2022	5.76%	0.00%
2021	4.16%	0.00%
2020	3.75%	2.30%
2019	3.82%	0.00%
2016	0.00%	0.21%
2015	0.00%	0.87%
2013	0.00%	0.99%
2012	0.00%	0.19%
2010	0.00%	1.33%
2009	0.00%	0.01%