MADE vs. MARB ETF Comparison

Comparison of iShares U.S. Manufacturing ETF (MADE) to First Trust Merger Arbitrage ETF (MARB)

MADE

iShares U.S. Manufacturing ETF

MADE Description

The underlying index is designed to measure the performance of equity securities of U.S.-domiciled companies that are involved in manufacturing and manufacturing-related industries and that generate a certain amount of revenues in the U.S., among other eligibility criteria, as determined by SPDJI. The fund generally will invest at least 80% of its assets in the component securities of its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.86

Average Daily Volume

5,918

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MARB

First Trust Merger Arbitrage ETF

MARB Description

The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts (ADRs), and derivatives, including total return swaps. The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.

Grade (RS Rating)

Last Trade

$19.68

Average Daily Volume

6,915

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MADE	MARB
30 Days	1.39%	-1.19%
60 Days	4.73%	-1.25%
90 Days	8.04%	-2.04%
12 Months		-1.04%

0 Overlapping Holdings

	Symbol	Grade	Weight in MADE	Weight in MARB	Overlap

MADE Overweight 98 Positions Relative to MARB

Symbol	Grade	Weight
GM	B	4.6%
ETN	B	4.44%
PCAR	C	4.43%
APH	B	4.15%
HON	B	4.11%
CMI	A	3.93%
AME	A	3.63%
DE	C	3.63%
F	C	3.47%
TT	A	3.21%
PH	B	3.1%
RTX	D	2.7%
ROK	B	2.54%
DOV	B	2.25%
CARR	D	2.19%
FTV	D	2.12%
LMT	D	1.99%
HUBB	B	1.96%
JCI	B	1.95%
TDY	B	1.85%
FSLR	F	1.55%
SNA	B	1.54%
BA	D	1.37%
GD	D	1.32%
COHR	B	1.29%
TDG	D	1.25%
NOC	D	1.21%
SWK	F	1.09%
NVT	C	1.03%
LECO	C	0.98%
GNRC	B	0.93%
RRX	B	0.91%
AYI	B	0.83%
ALSN	B	0.83%
LHX	B	0.8%
HWM	A	0.78%
FN	B	0.75%
AXON	A	0.73%
TTC	F	0.7%
LII	A	0.69%
ENPH	F	0.64%
PNR	B	0.61%
OSK	C	0.59%
RIVN	F	0.59%
MIDD	D	0.59%
IEX	B	0.59%
MKSI	C	0.58%
MSA	D	0.53%
LFUS	D	0.51%
GGG	B	0.51%
VNT	C	0.49%
THO	C	0.48%
LDOS	C	0.45%
FSS	B	0.45%
BC	D	0.44%
ITRI	B	0.44%
BDC	B	0.41%
AEIS	B	0.35%
AAON	B	0.34%
ENS	D	0.33%
HOG	F	0.31%
CR	A	0.31%
ESE	B	0.3%
AOS	F	0.3%
JBT	A	0.29%
CW	B	0.26%
SPXC	A	0.26%
CSWI	A	0.25%
LCII	D	0.25%
TRN	A	0.25%
TXT	D	0.25%
ATKR	D	0.24%
GTLS	A	0.24%
CXT	C	0.23%
BMI	C	0.23%
BE	A	0.22%
GT	C	0.22%
WTS	B	0.21%
HEI	A	0.19%
ZWS	B	0.19%
WWD	B	0.17%
BWXT	A	0.17%
AIN	C	0.17%
KBR	F	0.16%
MWA	B	0.15%
FELE	B	0.15%
SAIC	F	0.14%
LCID	F	0.13%
HII	F	0.13%
NPO	A	0.12%
MOG.A	B	0.11%
FOXF	F	0.11%
PLUG	F	0.1%
ARRY	F	0.08%
SHLS	F	0.07%
KTOS	C	0.07%
SEDG	F	0.06%
SPR	D	0.06%

MADE Underweight 34 Positions Relative to MARB

Symbol	Grade	Weight
HTLF	B	-7.98%
HCP	B	-5.64%
EDR	A	-4.92%
ACI	C	-4.88%
DFS	B	-4.67%
AMED	F	-4.57%
AXNX	A	-4.2%
NAPA	A	-3.99%
ANSS	B	-3.85%
B	A	-3.78%
JNPR	D	-3.65%
EVRI	A	-3.48%
K	B	-3.28%
ESGR	B	-3.18%
CTLT	D	-3.17%
HES	B	-3.07%
VZIO	A	-3.05%
CHX	C	-2.78%
LBPH	A	-2.78%
MGRC	B	-2.75%
FYBR	C	-2.53%
ENV	B	-2.38%
SRDX	B	-2.29%
IBTX	B	-2.21%
RCM	A	-2.07%
MRO	A	-2.03%
WSC	F	--1.0%
COP	B	--2.02%
SNPS	C	--2.21%
SSB	B	--2.22%
CVX	A	--3.56%
SLB	C	--4.15%
COF	B	--5.12%
UMBF	B	--8.33%