IDAT vs. MRGR ETF Comparison

Comparison of Cloud Data Tech and Consumer ETF (IDAT) to ProShares Merger ETF (MRGR)

IDAT

Cloud Data Tech and Consumer ETF

IDAT Description

The fund will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.51

Average Daily Volume

751

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

$42.22

Average Daily Volume

811

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IDAT	MRGR
30 Days	1.66%	0.41%
60 Days	5.55%	1.07%
90 Days	4.33%	2.14%
12 Months	31.80%	7.71%

1 Overlapping Holdings

	Symbol	Grade	Weight in IDAT	Weight in MRGR	Overlap
	JNPR	F	2.75%	2.14%	2.14%

IDAT Overweight 33 Positions Relative to MRGR

Symbol	Grade	Weight
NVDA	C	6.66%
AVGO	D	3.89%
ANET	C	3.72%
MRVL	B	3.71%
NTNX	A	3.26%
PSTG	D	3.22%
CIEN	B	3.13%
TWLO	A	2.91%
MU	D	2.8%
WDC	D	2.79%
QCOM	F	2.61%
STX	D	2.58%
NET	B	2.47%
DD	D	2.42%
DDOG	A	2.36%
NXPI	D	2.26%
MTSI	B	2.17%
DT	C	2.04%
AMT	D	1.91%
LITE	B	1.84%
CCI	D	1.81%
SBAC	D	1.79%
SWKS	F	1.74%
AKAM	D	1.59%
KD	B	1.49%
BDC	B	1.49%
QRVO	F	1.4%
CFLT	B	1.28%
INTC	D	1.27%
ESTC	C	1.23%
GDS	C	0.71%
TDC	D	0.69%
DIOD	D	0.59%

IDAT Underweight 28 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	C	-2.5%
LBPH	A	-2.43%
EVRI	A	-2.42%
NAPA	B	-2.42%
B	B	-2.41%
SMAR	A	-2.41%
ROIC	A	-2.41%
ALTR	B	-2.4%
ATSG	B	-2.4%
ZUO	B	-2.39%
K	A	-2.37%
RCM	F	-2.37%
ENV	B	-2.37%
CDMO	B	-2.36%
ANSS	B	-2.32%
ALE	A	-2.31%
HCP	B	-2.3%
MRO	B	-2.28%
LBRDK	C	-2.25%
CTLT	B	-2.2%
SPR	D	-2.11%
CHX	C	-1.8%
RVNC	F	-1.42%