SPY News: Time for Merger & Acquisition ETFs With Deal-Making Staging a Comeback? - 27th Sep 2024, 5:00am

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The merger & acquisition (M&A) market has experienced significant volatility, from the pandemic-induced downturn in 2020 to a remarkable recovery in 2021, followed by a sharp decline in 2023. Global M&A activity in 2023 dropped 16% to $3.1 trillion, per Mckinsey. The performance was weaker than that was seen in the pandemic year 2020.

IQ Merger Arbitrage ETF MNA has added about 4.6% so far this year compared with 20.6% gains in the SPDR S&P 500 ETF Trust SPY (as of Sept. 25, 2024). Meanwhile, A...

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