MARB vs. NDIA ETF Comparison
Comparison of First Trust Merger Arbitrage ETF (MARB) to Global X India Active ETF (NDIA)
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
$19.87
Average Daily Volume
14,580
34
NDIA
Global X India Active ETF
NDIA Description
The fund is an actively managed exchange traded fund ("ETF") advised by Global X Management Company LLC (the "Adviser") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, measured at the time of purchase, in equity securities: (i) of issuers domiciled in India; and/or (ii) that are tied economically to India. The fund is non-diversified.Grade (RS Rating)
Last Trade
$32.10
Average Daily Volume
4,244
3
Performance
Period | MARB | NDIA |
---|---|---|
30 Days | -0.31% | 1.98% |
60 Days | 0.70% | 1.80% |
90 Days | 0.98% | 7.74% |
12 Months | -0.49% | 25.61% |
0 Overlapping Holdings
Symbol | Grade | Weight in MARB | Weight in NDIA | Overlap |
---|
MARB Overweight 34 Positions Relative to NDIA
Symbol | Grade | Weight | |
---|---|---|---|
HTLF | B | 6.2% | |
HCP | B | 5.48% | |
AMK | B | 5.03% | |
ACI | D | 4.93% | |
AMED | B | 4.82% | |
EDR | A | 4.57% | |
AXNX | A | 4.04% | |
JNPR | A | 3.62% | |
X | F | 3.59% | |
DFS | C | 3.42% | |
ANSS | D | 3.38% | |
CTLT | A | 3.2% | |
VZIO | A | 2.99% | |
HES | F | 2.85% | |
CHX | D | 2.6% | |
PRFT | A | 2.5% | |
SRCL | A | 2.5% | |
MGRC | D | 2.34% | |
SRDX | D | 2.31% | |
PWSC | A | 1.98% | |
MRO | C | 1.96% | |
SILK | B | 1.96% | |
IBTX | B | 1.88% | |
DO | D | 1.83% | |
CPRI | C | 1.46% | |
EQT | D | -0.06% | |
WSC | D | -0.96% | |
SSB | B | -1.87% | |
SNPS | D | -1.95% | |
COP | D | -1.98% | |
CVX | F | -3.2% | |
COF | C | -3.77% | |
SLB | F | -3.92% | |
UMBF | B | -6.45% |
MARB: Top Represented Industries & Keywords
NDIA: Top Represented Industries & Keywords