MARB vs. HDGE ETF Comparison
Comparison of First Trust Merger Arbitrage ETF (MARB) to Ranger Equity Bear Bear ETF (HDGE)
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
$19.77
Average Daily Volume
7,012
32
HDGE
Ranger Equity Bear Bear ETF
HDGE Description
The investment seeks capital appreciation through short sales of domestically traded equity securities. The Sub-Advisor seeks to achieve the fund's investment objective by short selling a portfolio of liquid mid- and large-cap U.S. exchange-traded equity securities, ETFs registered pursuant to the 1940 Act, ETNs and other ETPs. The Sub-Advisor implements a bottom-up, fundamental, research driven security selection process that seeks to identify securities with low earnings quality or aggressive accounting that may tend to mask operational deterioration and bolster the reported earnings per share over a short time period.Grade (RS Rating)
Last Trade
$17.04
Average Daily Volume
78,487
44
Performance
| Period | MARB | HDGE |
|---|---|---|
| 30 Days | -0.74% | -8.23% |
| 60 Days | -0.73% | -10.35% |
| 90 Days | -1.43% | -9.26% |
| 12 Months | -0.69% | -21.82% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MARB | Weight in HDGE | Overlap | |
|---|---|---|---|---|---|
| SNPS | B | -2.16% | -1.78% | -2.16% |
MARB Overweight 31 Positions Relative to HDGE
| Symbol | Grade | Weight | |
|---|---|---|---|
| HTLF | B | 7.67% | |
| HCP | B | 5.59% | |
| EDR | A | 4.99% | |
| ACI | C | 4.78% | |
| DFS | B | 4.54% | |
| AMED | F | 4.52% | |
| NAPA | B | 4.02% | |
| ANSS | B | 3.82% | |
| B | B | 3.79% | |
| EVRI | A | 3.48% | |
| JNPR | F | 3.38% | |
| K | A | 3.27% | |
| HES | B | 3.22% | |
| ESGR | B | 3.18% | |
| CTLT | B | 3.15% | |
| VZIO | A | 3.08% | |
| LBPH | A | 2.78% | |
| MGRC | B | 2.71% | |
| CHX | C | 2.7% | |
| FYBR | D | 2.57% | |
| ENV | B | 2.38% | |
| SRDX | B | 2.33% | |
| IBTX | B | 2.15% | |
| MRO | B | 2.07% | |
| WSC | D | -0.93% | |
| COP | C | -2.07% | |
| SSB | B | -2.14% | |
| CVX | A | -3.7% | |
| SLB | C | -4.08% | |
| COF | B | -4.96% | |
| UMBF | B | -7.96% |
MARB Underweight 43 Positions Relative to HDGE
| Symbol | Grade | Weight | |
|---|---|---|---|
| CFLT | B | --1.04% | |
| MAR | B | --1.06% | |
| WGO | C | --1.11% | |
| MCHP | D | --1.23% | |
| FORM | D | --1.28% | |
| JAMF | F | --1.38% | |
| ROKU | D | --1.4% | |
| ASAN | C | --1.43% | |
| LKQ | D | --1.44% | |
| ALGM | D | --1.45% | |
| ALLY | C | --1.48% | |
| NTST | D | --1.48% | |
| NCNO | B | --1.51% | |
| TTC | D | --1.54% | |
| WK | B | --1.54% | |
| CMA | A | --1.61% | |
| WSM | B | --1.64% | |
| IPGP | D | --1.65% | |
| NDSN | B | --1.67% | |
| VRSN | F | --1.69% | |
| PVH | C | --1.71% | |
| LGIH | D | --1.71% | |
| MCFT | B | --1.75% | |
| JACK | D | --1.76% | |
| MRTN | C | --1.78% | |
| PLAB | C | --1.8% | |
| MTRN | C | --1.81% | |
| VYX | B | --1.81% | |
| STRA | C | --1.81% | |
| CBRL | C | --1.83% | |
| TPX | B | --1.84% | |
| ZS | C | --1.91% | |
| CACC | D | --1.93% | |
| GOLF | B | --1.94% | |
| HGV | B | --1.95% | |
| BRZE | C | --1.95% | |
| DAR | C | --2.0% | |
| HUM | C | --2.05% | |
| KSS | F | --2.13% | |
| INFA | D | --2.16% | |
| EPAM | C | --2.2% | |
| DKNG | B | --2.2% | |
| OZK | B | --2.27% |
MARB: Top Represented Industries & Keywords
HDGE: Top Represented Industries & Keywords
Compare ETFs
