DIVY vs. MRGR ETF Comparison
Comparison of Sound Equity Income ETF (DIVY) to ProShares Merger ETF (MRGR)
DIVY
Sound Equity Income ETF
DIVY Description
The investment seeks to produce long-term capital appreciation. The fund's principal investment strategy is designed to provide exposure to the aggregate value of ordinary dividends expected to be paid on a portfolio of large capitalization equity securities listed for trading in the U.S. (Large Cap Securities). The fund may use a variety of investment strategies to achieve this objective. Under normal circumstances, it generally invests in a combination of dividend swaps, dividend futures and forwards on indexes of Large Cap Securities (Large Cap Securities Indexes). The fund is non-diversified.
Grade (RS Rating)
Last Trade
$24.99
Average Daily Volume
4,338
8
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
$40.38
Average Daily Volume
826
32
Performance
| Period | DIVY | MRGR |
|---|---|---|
| 30 Days | -2.57% | 0.69% |
| 60 Days | -2.77% | 0.76% |
| 90 Days | -4.77% | 0.05% |
| 12 Months | 1.80% | 7.06% |
0 Overlapping Holdings
| Symbol | Grade | Weight in DIVY | Weight in MRGR | Overlap |
|---|
DIVY Underweight 32 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRK | C | -3.22% | |
| EVBG | B | -2.99% | |
| ETRN | D | -2.86% | |
| HTLF | B | -2.56% | |
| EDR | A | -2.53% | |
| AIRC | A | -2.52% | |
| MODN | B | -2.5% | |
| SBOW | B | -2.49% | |
| PRFT | B | -2.49% | |
| HCP | A | -2.48% | |
| SILK | B | -2.47% | |
| HIBB | A | -2.47% | |
| DFS | B | -2.46% | |
| DO | C | -2.46% | |
| AMK | B | -2.46% | |
| SQSP | B | -2.45% | |
| WIRE | A | -2.44% | |
| MRO | B | -2.43% | |
| ALE | C | -2.43% | |
| ANSS | C | -2.4% | |
| SRCL | B | -2.39% | |
| AXNX | B | -2.38% | |
| SLCA | B | -2.37% | |
| JNPR | B | -2.32% | |
| CTLT | B | -2.28% | |
| IBTX | B | -2.27% | |
| CERE | C | -2.26% | |
| HES | D | -2.17% | |
| MGRC | D | -2.08% | |
| CHX | C | -2.07% | |
| HA | C | -2.07% | |
| X | C | -1.82% |
DIVY: Top Represented Industries & Keywords
MRGR: Top Represented Industries & Keywords
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