MARB vs. MUSQ ETF Comparison
Comparison of First Trust Merger Arbitrage ETF (MARB) to MUSQ Global Music Industry ETF (MUSQ)
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
MUSQ
MUSQ Global Music Industry ETF
MUSQ Description
The index is comprised of publicly-traded global companies that generate at least 50% of their annual revenue or $1 billion in annual sales from one or more of the sub-segments of the global music industry. Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of Global Music Investments. The fund is non-diversified.Grade (RS Rating)
Last Trade
$23.99
Average Daily Volume
1,596
15
Performance
Period | MARB | MUSQ |
---|---|---|
30 Days | -0.74% | 1.59% |
60 Days | -0.73% | 6.19% |
90 Days | -1.43% | 1.42% |
12 Months | -0.69% | -0.05% |
1 Overlapping Holdings
Symbol | Grade | Weight in MARB | Weight in MUSQ | Overlap | |
---|---|---|---|---|---|
EDR | A | 4.99% | 3.1% | 3.1% |
MARB Overweight 31 Positions Relative to MUSQ
Symbol | Grade | Weight | |
---|---|---|---|
HTLF | B | 7.67% | |
HCP | B | 5.59% | |
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% | |
SNPS | B | -2.16% | |
CVX | A | -3.7% | |
SLB | C | -4.08% | |
COF | B | -4.96% | |
UMBF | B | -7.96% |
MARB: Top Represented Industries & Keywords
MUSQ: Top Represented Industries & Keywords