AWEG vs. MRGR ETF Comparison

Comparison of Alger Weatherbie Enduring Growth ETF (AWEG) to ProShares Merger ETF (MRGR)
AWEG

Alger Weatherbie Enduring Growth ETF

AWEG Description

The fund invests primarily in equity securities of mid-cap growth companies with an environmental, social and governance ("ESG") rating of medium or better, as rated by Sustainalytics, a third-party ESG rating agency, at the time of purchase. Under normal circumstances, 80% of companies in the fund"s portfolio, based on net assets, will have a Sustainalytics ESG rating. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.71

Average Daily Volume

170

Number of Holdings *

24

* may have additional holdings in another (foreign) market
MRGR

ProShares Merger ETF

MRGR Description The investment seeks investment results, before fees and expenses, that track the performance of the S&P Merger Arbitrage Index (the "index"). The fund is designed to track the performance of the index and provide exposure to a global merger arbitrage strategy. The index, and by extension the fund, seeks to produce consistent, positive returns in virtually all market environments, although there are no assurances it will achieve this result. The fund is non-diversified. The index seeks to provide a risk arbitrage strategy that exploits commonly observed price changes associated with a global selection of publicly announced mergers, acquisitions and other corporate reorganizations. Historically, the index has exhibited market neutral characteristics, lower volatility compared to the S&P 500, and a low correlation to S&P 500 returns.

Grade (RS Rating)

Last Trade

$41.90

Average Daily Volume

792

Number of Holdings *

29

* may have additional holdings in another (foreign) market
Performance
Period AWEG MRGR
30 Days 5.91% -0.54%
60 Days 7.15% 0.17%
90 Days 8.89% 1.33%
12 Months 36.24% 7.05%
0 Overlapping Holdings
Symbol Grade Weight in AWEG Weight in MRGR Overlap
AWEG Overweight 24 Positions Relative to MRGR
Symbol Grade Weight
TDG D 11.7%
CWST A 6.43%
GKOS A 4.99%
STEP B 4.87%
TNDM D 4.84%
WCN A 4.8%
HEI A 4.66%
PCTY B 3.92%
NEOG D 3.62%
HUBS A 3.14%
OLLI D 2.99%
SPSC D 2.94%
ACAD C 2.9%
MEG F 2.87%
XPO B 2.86%
UPST B 2.77%
RXO C 2.64%
HLNE B 2.11%
NCNO B 2.09%
PGNY F 2.07%
SITE F 2.02%
AGYS A 1.77%
NTRA A 1.44%
TTD B 1.41%
AWEG Underweight 29 Positions Relative to MRGR
Symbol Grade Weight
HTLF B -3.58%
DFS B -3.14%
IBTX B -3.02%
SASR B -2.81%
EDR A -2.53%
INFN D -2.5%
LBPH A -2.43%
EVRI A -2.42%
NAPA A -2.42%
B A -2.41%
SMAR A -2.41%
ROIC A -2.41%
ALTR B -2.4%
ATSG A -2.4%
ZUO B -2.39%
K A -2.37%
RCM A -2.37%
ENV B -2.37%
CDMO A -2.36%
ANSS B -2.32%
ALE A -2.31%
HCP B -2.3%
MRO A -2.28%
LBRDK C -2.25%
CTLT D -2.2%
JNPR D -2.14%
SPR D -2.11%
CHX C -1.8%
RVNC F -1.42%
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