CWS vs. MRGR ETF Comparison
Comparison of AdvisorShares Focused Equity ETF (CWS) to ProShares Merger ETF (MRGR)
CWS
AdvisorShares Focused Equity ETF
CWS Description
The AdvisorShares Focused Equity ETF seeks long-term capital appreciation. CWS aims to achieve its investment objective by investing primarily in a focused group of U.S. exchange-listed equity securities that the portfolio manager believes have favorable fundamental attributes.
Grade (RS Rating)
Last Trade
$68.55
Average Daily Volume
9,692
Number of Holdings
*
25
* 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
$41.93
Average Daily Volume
710
Number of Holdings
*
28
* may have additional holdings in another (foreign) market
Performance
Period | CWS | MRGR |
---|---|---|
30 Days | 1.44% | 1.06% |
60 Days | 5.14% | 2.48% |
90 Days | 10.22% | 4.17% |
12 Months | 34.97% | 7.63% |
1 Overlapping Holdings
Symbol | Grade | Weight in CWS | Weight in MRGR | Overlap | |
---|---|---|---|---|---|
MGRC | D | 3.01% | 1.88% | 1.88% |
CWS Overweight 24 Positions Relative to MRGR
Symbol | Grade | Weight | |
---|---|---|---|
FICO | A | 5.69% | |
HEI | A | 5.0% | |
MLR | B | 4.9% | |
AFL | A | 4.74% | |
FI | A | 4.64% | |
APH | D | 4.47% | |
ICE | A | 4.31% | |
MCO | D | 4.16% | |
SYK | C | 4.13% | |
TMO | C | 3.98% | |
ROL | B | 3.97% | |
OTIS | A | 3.96% | |
SLGN | C | 3.92% | |
AWK | B | 3.82% | |
SAIC | A | 3.81% | |
COR | F | 3.79% | |
BR | B | 3.63% | |
HSY | D | 3.57% | |
ABT | B | 3.57% | |
INTU | F | 3.41% | |
FDS | C | 3.34% | |
AGM | F | 3.33% | |
PII | D | 3.01% | |
CE | D | 3.0% |
CWS Underweight 27 Positions Relative to MRGR
Symbol | Grade | Weight | |
---|---|---|---|
HTLF | C | -3.12% | |
IBTX | D | -2.79% | |
INFN | C | -2.53% | |
DFS | C | -2.52% | |
EDR | A | -2.41% | |
SQSP | A | -2.4% | |
K | B | -2.35% | |
SRCL | B | -2.35% | |
EVRI | A | -2.35% | |
PETQ | A | -2.34% | |
INST | B | -2.33% | |
ENV | C | -2.33% | |
JNPR | B | -2.32% | |
VGR | B | -2.32% | |
RCM | B | -2.32% | |
PRFT | A | -2.31% | |
HCP | B | -2.3% | |
ALE | A | -2.28% | |
TELL | B | -2.27% | |
AXNX | A | -2.23% | |
SPR | D | -2.23% | |
CTLT | A | -2.22% | |
ANSS | D | -2.2% | |
MRO | D | -2.17% | |
RVNC | F | -1.9% | |
HES | D | -1.83% | |
CHX | D | -1.8% |
CWS: Top Represented Industries & Keywords
Industries:
Business Services
Capital Markets
Medical Devices
Aerospace & Defense
Auto Parts
Chemicals
Confectioners
Credit Services
Diagnostics & Research
Electronic Components
Financial Data & Stock Exchanges
Information Technology Services
Insurance - Life
Medical Distribution
Packaging & Containers
Recreational Vehicles
Rental & Leasing Services
Software - Application
Software - Infrastructure
Specialty Industrial Machinery
MRGR: Top Represented Industries & Keywords
Industries:
Oil & Gas E&P
Banks - Regional - US
Communication Equipment
Drug Manufacturers - Specialty & Generic
Software - Application
Software - Infrastructure
Aerospace & Defense
Biotechnology
Capital Markets
Credit Services
Entertainment
Gambling
Health Information Services
Information Technology Services
Medical Devices
Oil & Gas Equipment & Services
Packaged Foods
Rental & Leasing Services
Tobacco
Utilities - Regulated Electric
Keywords:
S&P 500
Computing
Natural Gas
Bank
Deposit Products
Aerospace
Banking
Biopharmaceutical
Business Process Management
Clinic
Clinical Services
Computer Networking
Credit Card
Debit Card
Drugs
Electronics
Embedded Software
Information Technology Management
Investment Management
Mobile Banking