MARB vs. PSCT ETF Comparison

Comparison of First Trust Merger Arbitrage ETF (MARB) to PowerShares S&P SmallCap Information Technology Portfolio (PSCT)

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

$19.72

Average Daily Volume

7,030

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PSCT

PowerShares S&P SmallCap Information Technology Portfolio

PSCT Description

The PowerShares S&P SmallCap Information Technology Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Information Technology Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US information technology companies. These companies are principally engaged in the business of providing information technology-related products and services, including computer hardware and software, Internet, electronics and semiconductors and communication technologies. The Index is a subset of the S&P SmallCap 600Â® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$48.46

Average Daily Volume

16,661

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MARB	PSCT
30 Days	-1.03%	2.58%
60 Days	-1.01%	3.64%
90 Days	-1.64%	0.75%
12 Months	-0.91%	12.41%

1 Overlapping Holdings

	Symbol	Grade	Weight in MARB	Weight in PSCT	Overlap
	ENV	B	2.38%	2.08%	2.08%

MARB Overweight 33 Positions Relative to PSCT

Symbol	Grade	Weight
HTLF	B	7.98%
HCP	B	5.64%
EDR	A	4.92%
ACI	C	4.88%
DFS	B	4.67%
AMED	F	4.57%
AXNX	A	4.2%
NAPA	A	3.99%
ANSS	B	3.85%
B	A	3.78%
JNPR	D	3.65%
EVRI	A	3.48%
K	A	3.28%
ESGR	B	3.18%
CTLT	C	3.17%
HES	B	3.07%
VZIO	A	3.05%
CHX	C	2.78%
LBPH	A	2.78%
MGRC	B	2.75%
FYBR	C	2.53%
SRDX	B	2.29%
IBTX	B	2.21%
RCM	A	2.07%
MRO	B	2.03%
WSC	F	-1.0%
COP	C	-2.02%
SNPS	B	-2.21%
SSB	B	-2.22%
CVX	A	-3.56%
SLB	C	-4.15%
COF	C	-5.12%
UMBF	B	-8.33%

MARB Underweight 62 Positions Relative to PSCT

Symbol	Grade	Weight
SPSC	D	-4.3%
BMI	B	-4.12%
ACIW	C	-3.75%
MARA	B	-3.5%
ITRI	C	-3.41%
BOX	B	-3.23%
IDCC	B	-3.04%
PLXS	B	-2.79%
SANM	B	-2.77%
NSIT	F	-2.76%
AEIS	C	-2.72%
PI	D	-2.63%
SITM	B	-2.46%
DXC	B	-2.34%
SMTC	B	-2.26%
BL	B	-1.97%
FORM	D	-1.92%
ALRM	C	-1.92%
PRGS	A	-1.86%
AGYS	A	-1.79%
DV	C	-1.78%
KLIC	B	-1.66%
DIOD	D	-1.64%
OSIS	A	-1.59%
TTMI	C	-1.56%
YOU	D	-1.56%
ACLS	F	-1.55%
DOCN	C	-1.51%
VIAV	C	-1.43%
PLUS	F	-1.39%
VYX	B	-1.31%
EXTR	C	-1.31%
RAMP	B	-1.23%
ROG	D	-1.15%
CALX	D	-1.12%
BHE	C	-1.11%
CTS	C	-1.07%
KN	B	-1.04%
UCTT	D	-1.04%
NTCT	C	-1.02%
PLAB	C	-0.99%
VECO	F	-0.98%
HLIT	D	-0.91%
ATEN	A	-0.79%
COHU	C	-0.78%
ARLO	C	-0.74%
SCSC	C	-0.74%
DGII	C	-0.74%
MXL	C	-0.71%
ICHR	C	-0.67%
XRX	F	-0.63%
PDFS	C	-0.61%
CXM	C	-0.61%
WOLF	F	-0.58%
CNXN	C	-0.57%
AOSL	C	-0.48%
NABL	F	-0.47%
SWI	C	-0.46%
CEVA	B	-0.43%
SEDG	F	-0.41%
VSAT	F	-0.4%
CRSR	C	-0.19%