MARB vs. IZRL ETF Comparison
Comparison of First Trust Merger Arbitrage ETF (MARB) to ARK Israel Innovative Technology ETF (IZRL)
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
$19.80
Average Daily Volume
28,966
37
IZRL
ARK Israel Innovative Technology ETF
IZRL Description
The ARK Israel Innovative Technology ETF (IZRL) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the ARK Israeli Innovation Index, which is designed to track the price movements of exchange-listed Israeli companies whose main business operations are causing disruptive innovation in the areas of genomics, health care, biotechnology, industrials, manufacturing, the Internet or information technology. The Index includes equity securities and depositary receipts of exchange listed companies that are incorporated and/or domiciled in Israel (‘‘Israeli Companies’’) and are included in one of the following economic sectors as defined by FactSet Research Systems: (i) health technology, (ii) communications, (iii) technology services, (iv) electronic technology, (v) consumer services, or (vi) producer manufacturing.Grade (RS Rating)
Last Trade
$20.23
Average Daily Volume
14,594
23
Performance
| Period | MARB | IZRL |
|---|---|---|
| 30 Days | 1.00% | 0.40% |
| 60 Days | 0.75% | 1.35% |
| 90 Days | 0.76% | 4.28% |
| 12 Months | 0.91% | 5.20% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MARB | Weight in IZRL | Overlap |
|---|
MARB Overweight 37 Positions Relative to IZRL
| Symbol | Grade | Weight | |
|---|---|---|---|
| HCP | B | 4.74% | |
| AMK | B | 4.29% | |
| HTLF | A | 4.21% | |
| ACI | F | 4.19% | |
| AMED | A | 4.15% | |
| EDR | A | 3.95% | |
| AXNX | B | 3.42% | |
| X | C | 3.12% | |
| ANSS | C | 3.03% | |
| JNPR | B | 2.95% | |
| DFS | B | 2.77% | |
| HES | D | 2.63% | |
| CTLT | B | 2.58% | |
| CERE | D | 2.52% | |
| VZIO | B | 2.49% | |
| CHX | D | 2.34% | |
| ETRN | D | 2.34% | |
| PRFT | C | 2.16% | |
| SRCL | B | 2.14% | |
| SRDX | A | 2.12% | |
| MGRC | D | 1.97% | |
| NWLI | A | 1.82% | |
| DO | C | 1.7% | |
| SILK | A | 1.69% | |
| PWSC | C | 1.69% | |
| MRO | B | 1.66% | |
| IBTX | B | 1.25% | |
| CPRI | D | 1.17% | |
| WSC | F | -0.78% | |
| SSB | B | -1.27% | |
| COP | D | -1.69% | |
| SNPS | B | -2.03% | |
| EQT | D | -2.4% | |
| CVX | D | -2.9% | |
| COF | C | -3.06% | |
| SLB | D | -3.55% | |
| UMBF | A | -4.43% |
MARB Underweight 23 Positions Relative to IZRL
| Symbol | Grade | Weight | |
|---|---|---|---|
| WKME | B | -3.67% | |
| RSKD | C | -2.8% | |
| MNDY | C | -2.78% | |
| TEVA | B | -2.77% | |
| WIX | C | -2.7% | |
| CGNT | C | -2.52% | |
| CLBT | C | -2.47% | |
| FVRR | F | -2.45% | |
| RDWR | C | -2.44% | |
| SPNS | A | -2.42% | |
| CYBR | C | -2.41% | |
| PLTK | F | -2.28% | |
| CHKP | B | -2.24% | |
| URGN | C | -2.21% | |
| INMD | F | -2.12% | |
| AUDC | D | -2.08% | |
| ITRN | D | -2.08% | |
| SMWB | F | -2.07% | |
| FROG | C | -1.99% | |
| MGIC | C | -1.83% | |
| SSYS | F | -1.82% | |
| NNOX | D | -1.65% | |
| NICE | F | -1.55% |
MARB: Top Represented Industries & Keywords
IZRL: Top Represented Industries & Keywords
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