MARB vs. DPST ETF Comparison

Comparison of First Trust Merger Arbitrage ETF (MARB) to Direxion Daily Regional Banks Bull 3X Shares (DPST)

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

$19.84

Average Daily Volume

6,659

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DPST

Direxion Daily Regional Banks Bull 3X Shares

DPST Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Solactive Regional Bank Index. The fund creates long positions by investing at least 80% of its assets in the securities that comprise the Solactive Regional Bank Index and/or financial instruments that provide leveraged and unleveraged exposure to the index. These financial instruments include: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; etc. It is non-diversified.

Grade (RS Rating)

Last Trade

$89.04

Average Daily Volume

1,329,172

Number of Holdings ^*

139

* may have additional holdings in another (foreign) market

Performance

Period	MARB	DPST
30 Days	-1.38%	-16.24%
60 Days	-0.64%	1.44%
90 Days	0.72%	31.10%
12 Months	-0.66%	92.76%

4 Overlapping Holdings

Symbol	Grade	Weight in MARB	Weight in DPST	Overlap
HTLF	C	6.3%	0.32%	0.32%
IBTX	D	1.84%	0.33%	0.33%
SSB	C	-1.86%	1.28%	-1.86%
UMBF	C	-6.56%	1.02%	-6.56%

MARB Overweight 26 Positions Relative to DPST

Symbol	Grade	Weight
HCP	B	5.53%
AMED	D	4.82%
EDR	A	4.74%
ACI	F	4.56%
AXNX	A	4.09%
JNPR	B	3.63%
ANSS	D	3.46%
DFS	C	3.46%
CTLT	A	3.18%
VZIO	A	3.02%
HES	D	2.72%
SRCL	B	2.59%
PRFT	A	2.53%
CHX	D	2.48%
MGRC	D	2.42%
SRDX	D	2.25%
PWSC	C	2.0%
MRO	D	1.77%
CPRI	B	1.59%
EQT	B	-0.07%
WSC	D	-0.99%
COP	D	-1.78%
SNPS	F	-1.96%
CVX	B	-3.1%
SLB	D	-3.68%
COF	C	-3.86%

MARB Underweight 135 Positions Relative to DPST

Symbol	Grade	Weight
RF	C	-3.66%
MTB	C	-3.62%
TFC	D	-3.55%
CFG	D	-3.55%
HBAN	D	-3.55%
FHN	D	-2.63%
ZION	D	-2.14%
WAL	C	-1.92%
OZK	F	-1.76%
WBS	D	-1.66%
SNV	D	-1.6%
EWBC	D	-1.45%
COLB	C	-1.4%
CFR	D	-1.33%
VLY	C	-1.14%
CADE	D	-1.09%
PNFP	D	-1.09%
WTFC	D	-1.03%
BPOP	D	-1.01%
AX	D	-1.0%
PB	D	-1.0%
ONB	D	-0.89%
FNB	D	-0.86%
CBSH	D	-0.84%
TBBK	C	-0.8%
BANC	D	-0.76%
ASB	F	-0.75%
HWC	D	-0.69%
FULT	D	-0.65%
BKU	D	-0.64%
TCBI	C	-0.62%
GBCI	C	-0.61%
FBP	D	-0.61%
FFIN	D	-0.61%
HOMB	D	-0.61%
CUBI	F	-0.57%
BOH	D	-0.54%
ABCB	C	-0.52%
UBSI	D	-0.49%
FIBK	D	-0.47%
AUB	D	-0.43%
EBC	D	-0.42%
BOKF	D	-0.41%
PFS	D	-0.41%
CBU	D	-0.39%
INDB	D	-0.38%
WAFD	D	-0.38%
CATY	D	-0.38%
CVBF	B	-0.38%
UCBI	B	-0.37%
SFBS	D	-0.36%
IBOC	D	-0.35%
FHB	D	-0.35%
RNST	D	-0.34%
WSFS	D	-0.33%
PPBI	F	-0.33%
SBCF	D	-0.31%
CASH	D	-0.28%
BANR	C	-0.28%
HTH	D	-0.27%
NBHC	D	-0.27%
SFNC	C	-0.26%
OFG	D	-0.26%
FFBC	D	-0.25%
TRMK	D	-0.24%
FRME	D	-0.23%
PRK	D	-0.22%
VBTX	C	-0.22%
HOPE	D	-0.22%
NWBI	D	-0.22%
FCF	D	-0.22%
SASR	C	-0.22%
NBTB	D	-0.2%
TOWN	D	-0.2%
BHLB	D	-0.2%
BANF	D	-0.19%
LKFN	F	-0.19%
LOB	C	-0.19%
FBMS	D	-0.18%
EGBN	B	-0.17%
WSBC	D	-0.17%
FBK	D	-0.16%
EFSC	D	-0.16%
CHCO	D	-0.16%
FBNC	D	-0.16%
OCFC	C	-0.15%
PFBC	D	-0.15%
STBA	D	-0.14%
DCOM	C	-0.14%
BRKL	D	-0.14%
WABC	F	-0.14%
QCRH	D	-0.13%
AMAL	D	-0.12%
SRCE	D	-0.12%
CPF	C	-0.12%
CFFN	D	-0.12%
TCBK	D	-0.12%
BUSE	D	-0.12%
HTBK	D	-0.11%
MCB	B	-0.11%
CFB	D	-0.11%
SYBT	D	-0.11%
PFC	D	-0.11%
HAFC	D	-0.1%
PEBO	F	-0.1%
NIC	D	-0.1%
FFWM	F	-0.1%
OSBC	D	-0.1%
BY	D	-0.1%
NFBK	D	-0.1%
HFWA	D	-0.1%
TFSL	F	-0.09%
SBSI	D	-0.09%
IBCP	D	-0.09%
CNOB	C	-0.09%
WASH	D	-0.08%
KRNY	C	-0.08%
OBK	F	-0.08%
TMP	D	-0.08%
TRST	D	-0.07%
PGC	D	-0.07%
AMTB	F	-0.07%
MBWM	D	-0.07%
CCB	C	-0.07%
HIFS	D	-0.07%
CTBI	D	-0.06%
FFIC	D	-0.06%
UVSP	D	-0.06%
CAC	C	-0.05%
MSBI	F	-0.05%
THFF	D	-0.05%
HBNC	D	-0.05%
HONE	D	-0.04%
GSBC	D	-0.04%
CLBK	F	-0.03%