FTXN vs. MRGR ETF Comparison
Comparison of First Trust Nasdaq Oil & Gas ETF (FTXN) to ProShares Merger ETF (MRGR)
FTXN
First Trust Nasdaq Oil & Gas ETF
FTXN Description
The First Trust Nasdaq Oil & Gas ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an index called the Nasdaq US Smart Oil & Gas Index. The Fund seeks to replicate the holdings and weightings of the Nasdaq US Smart Oil & Gas Index so as to generate performance results 95% correlated to that of the Nasdaq US Smart Oil & Gas Index.
Grade (RS Rating)
Last Trade
$28.77
Average Daily Volume
58,926
39
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
$41.57
Average Daily Volume
815
32
Performance
| Period | FTXN | MRGR |
|---|---|---|
| 30 Days | -1.91% | 1.58% |
| 60 Days | -5.30% | 2.76% |
| 90 Days | -4.51% | 3.90% |
| 12 Months | -2.87% | 6.82% |
0 Overlapping Holdings
| Symbol | Grade | Weight in FTXN | Weight in MRGR | Overlap |
|---|
FTXN Overweight 39 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| XOM | C | 8.83% | |
| COP | D | 7.94% | |
| CVX | F | 7.58% | |
| MPC | D | 7.35% | |
| OXY | F | 6.01% | |
| LNG | B | 4.63% | |
| KMI | B | 4.57% | |
| EOG | D | 4.44% | |
| WMB | B | 4.12% | |
| VLO | D | 3.92% | |
| PSX | D | 3.72% | |
| DVN | F | 3.68% | |
| FANG | D | 3.5% | |
| SLB | F | 3.23% | |
| OKE | A | 2.96% | |
| TRGP | A | 2.6% | |
| OVV | F | 2.0% | |
| CTRA | F | 1.89% | |
| HAL | F | 1.71% | |
| APA | F | 1.7% | |
| CHK | F | 1.16% | |
| PR | D | 1.1% | |
| DINO | F | 1.07% | |
| MTDR | F | 0.94% | |
| SM | D | 0.92% | |
| CHRD | F | 0.9% | |
| TPL | C | 0.82% | |
| NOG | D | 0.73% | |
| CNX | B | 0.66% | |
| WHD | C | 0.65% | |
| MGY | D | 0.56% | |
| PBF | F | 0.53% | |
| LBRT | D | 0.53% | |
| RRC | F | 0.5% | |
| CRC | D | 0.5% | |
| GPOR | D | 0.5% | |
| WFRD | F | 0.5% | |
| HP | F | 0.43% | |
| CVI | F | 0.38% |
FTXN Underweight 32 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| HTLF | B | -3.02% | |
| IBTX | B | -2.75% | |
| HA | B | -2.7% | |
| DFS | C | -2.46% | |
| VGR | B | -2.38% | |
| EDR | A | -2.38% | |
| ENV | B | -2.36% | |
| K | A | -2.36% | |
| EVRI | A | -2.35% | |
| SQSP | A | -2.35% | |
| INST | D | -2.34% | |
| RVNC | B | -2.34% | |
| PETQ | A | -2.33% | |
| JNPR | A | -2.33% | |
| SPR | D | -2.33% | |
| RCM | B | -2.32% | |
| AMK | B | -2.32% | |
| HCP | B | -2.31% | |
| PRFT | A | -2.31% | |
| SILK | B | -2.27% | |
| INFN | A | -2.27% | |
| SRCL | A | -2.26% | |
| ALE | A | -2.26% | |
| AXNX | A | -2.25% | |
| CTLT | A | -2.24% | |
| TELL | B | -2.23% | |
| MRO | C | -2.22% | |
| ANSS | D | -2.17% | |
| DO | D | -2.1% | |
| MGRC | D | -1.95% | |
| HES | F | -1.86% | |
| CHX | D | -1.8% |
FTXN: Top Represented Industries & Keywords
MRGR: Top Represented Industries & Keywords
Compare ETFs
