MARB vs. OND ETF Comparison
Comparison of First Trust Merger Arbitrage ETF (MARB) to ProShares On-Demand ETF (OND)
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
$19.85
Average Daily Volume
6,083
30
OND
ProShares On-Demand ETF
OND Description
ProShares On-Demand ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies that provide on-demand platforms and services to consumers such as console games software, fitness and exercise equipment, food delivery services, general entertainment content providers and sites, handheld and smart phone games software, home and office virtual reality software, media download and streaming digital content sites, mobile platform applications software, multi-type passenger transportation, online game websites and software, other games software, other media equipment manufacturing, video multimedia semiconductors, virtual reality design and engineering software and virtual reality equipment sectors. The fund invests in growth and value stocks of companies across diversified market capitalizations. It seeks to track the performance of the FactSet On-Demand Index, by using full replication technique. ProShares On-Demand ETF was formed on October 26, 2021 and is domiciled in the United States.Grade (RS Rating)
Last Trade
$33.60
Average Daily Volume
225
14
Performance
| Period | MARB | OND |
|---|---|---|
| 30 Days | -0.19% | 16.27% |
| 60 Days | -0.09% | 25.84% |
| 90 Days | 0.72% | 15.15% |
| 12 Months | -0.71% | 58.89% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MARB | Weight in OND | Overlap |
|---|
MARB Overweight 30 Positions Relative to OND
| Symbol | Grade | Weight | |
|---|---|---|---|
| HTLF | B | 6.3% | |
| HCP | A | 5.53% | |
| AMED | D | 4.82% | |
| EDR | A | 4.74% | |
| ACI | F | 4.56% | |
| AXNX | A | 4.09% | |
| JNPR | C | 3.63% | |
| ANSS | D | 3.46% | |
| DFS | A | 3.46% | |
| CTLT | A | 3.18% | |
| VZIO | A | 3.02% | |
| HES | D | 2.72% | |
| SRCL | B | 2.59% | |
| PRFT | A | 2.53% | |
| CHX | C | 2.48% | |
| MGRC | D | 2.42% | |
| SRDX | D | 2.25% | |
| PWSC | C | 2.0% | |
| IBTX | B | 1.84% | |
| MRO | B | 1.77% | |
| CPRI | C | 1.59% | |
| EQT | C | -0.07% | |
| WSC | D | -0.99% | |
| COP | D | -1.78% | |
| SSB | C | -1.86% | |
| SNPS | F | -1.96% | |
| CVX | B | -3.1% | |
| SLB | D | -3.68% | |
| COF | A | -3.86% | |
| UMBF | C | -6.56% |
MARB: Top Represented Industries & Keywords
OND: Top Represented Industries & Keywords
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