GRPZ vs. MRGR ETF Comparison

Comparison of Invesco Exchange-Traded Fund Trust II Invesco S&P SmallCap 600 GARP ETF (GRPZ) to ProShares Merger ETF (MRGR)

GRPZ

Invesco Exchange-Traded Fund Trust II Invesco S&P SmallCap 600 GARP ETF

GRPZ Description

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is designed to track the performance of approximately 90 growth stocks in the S&P SmallCap 600® Index with relatively high quality and value composite scores. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.71

Average Daily Volume

1,758

Number of Holdings ^*

* 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 ^*

* may have additional holdings in another (foreign) market

Performance

Period	GRPZ	MRGR
30 Days	-2.51%	1.06%
60 Days	1.33%	2.48%
90 Days	6.46%	4.17%
12 Months		7.63%

0 Overlapping Holdings

	Symbol	Grade	Weight in GRPZ	Weight in MRGR	Overlap

GRPZ Overweight 10 Positions Relative to MRGR

Symbol	Grade	Weight
CALM	B	2.02%
CPRX	C	1.79%
PLMR	C	1.76%
STBA	D	1.69%
AMPH	C	1.66%
CEIX	B	1.65%
CCOI	B	1.6%
MCRI	B	1.59%
CCRN	F	1.56%
GRBK	C	1.54%

GRPZ Underweight 28 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%
MGRC	D	-1.88%
HES	D	-1.83%
CHX	D	-1.8%