MGMT vs. MRGR ETF Comparison
Comparison of Ballast Small/Mid Cap ETF (MGMT) to ProShares Merger ETF (MRGR)
MGMT
Ballast Small/Mid Cap ETF
MGMT Description
The investment seeks to generate positive risk adjusted returns. Under normal circumstances, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities (principally common stocks) of domestic companies with small to medium market capitalizations. It may also invest all or substantially all of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal, or when, in the Adviser's opinion, there are not sufficient companies appropriate for investment.
Grade (RS Rating)
Last Trade
$43.78
Average Daily Volume
12,246
44
MRGR
ProShares Merger ETF
MRGR Description
The investment seeks investment results, before fees and expenses, that track the performance of the S&P Merger Arbitrage Index (the "index"). The fund is designed to track the performance of the index and provide exposure to a global merger arbitrage strategy. The index, and by extension the fund, seeks to produce consistent, positive returns in virtually all market environments, although there are no assurances it will achieve this result. The fund is non-diversified. The index seeks to provide a risk arbitrage strategy that exploits commonly observed price changes associated with a global selection of publicly announced mergers, acquisitions and other corporate reorganizations. Historically, the index has exhibited market neutral characteristics, lower volatility compared to the S&P 500, and a low correlation to S&P 500 returns.Grade (RS Rating)
Last Trade
$42.22
Average Daily Volume
811
29
Performance
| Period | MGMT | MRGR |
|---|---|---|
| 30 Days | 15.23% | 0.41% |
| 60 Days | 14.37% | 1.07% |
| 90 Days | 16.31% | 2.14% |
| 12 Months | 27.93% | 7.71% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MGMT | Weight in MRGR | Overlap |
|---|
MGMT Overweight 44 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| NRP | B | 5.38% | |
| AGM | C | 3.65% | |
| CVCO | A | 3.49% | |
| PHIN | A | 3.41% | |
| IGIC | B | 3.36% | |
| EXP | A | 2.96% | |
| CEIX | A | 2.89% | |
| TPB | B | 2.75% | |
| MTG | C | 2.69% | |
| AZZ | B | 2.66% | |
| CBNK | B | 2.64% | |
| BELFB | C | 2.51% | |
| CASS | B | 2.36% | |
| GEO | B | 2.22% | |
| LSTR | D | 2.14% | |
| IMXI | B | 2.11% | |
| PATK | D | 2.03% | |
| TDC | D | 1.98% | |
| BLCO | D | 1.96% | |
| LII | A | 1.94% | |
| ECVT | C | 1.87% | |
| G | B | 1.58% | |
| BCO | D | 1.54% | |
| EPR | D | 1.53% | |
| BWA | D | 1.5% | |
| RCMT | C | 1.46% | |
| KOS | F | 1.38% | |
| KN | B | 1.28% | |
| CMPO | A | 1.25% | |
| TRIP | F | 1.23% | |
| GSM | D | 1.22% | |
| IPGP | D | 1.13% | |
| EPSN | B | 1.12% | |
| IMKTA | C | 1.06% | |
| BIOX | F | 1.05% | |
| IRMD | C | 1.03% | |
| EXTR | B | 1.02% | |
| GPRE | F | 0.97% | |
| CRMT | C | 0.96% | |
| NTIC | C | 0.9% | |
| DOX | D | 0.9% | |
| TKR | D | 0.89% | |
| UFPT | B | 0.89% | |
| RMNI | C | 0.41% |
MGMT Underweight 29 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| HTLF | B | -3.58% | |
| DFS | B | -3.14% | |
| IBTX | B | -3.02% | |
| SASR | B | -2.81% | |
| EDR | A | -2.53% | |
| INFN | C | -2.5% | |
| LBPH | A | -2.43% | |
| EVRI | A | -2.42% | |
| NAPA | B | -2.42% | |
| B | B | -2.41% | |
| SMAR | A | -2.41% | |
| ROIC | A | -2.41% | |
| ALTR | B | -2.4% | |
| ATSG | B | -2.4% | |
| ZUO | B | -2.39% | |
| K | A | -2.37% | |
| RCM | F | -2.37% | |
| ENV | B | -2.37% | |
| CDMO | B | -2.36% | |
| ANSS | B | -2.32% | |
| ALE | A | -2.31% | |
| HCP | B | -2.3% | |
| MRO | B | -2.28% | |
| LBRDK | C | -2.25% | |
| CTLT | B | -2.2% | |
| JNPR | F | -2.14% | |
| SPR | D | -2.11% | |
| CHX | C | -1.8% | |
| RVNC | F | -1.42% |
MGMT: Top Represented Industries & Keywords
MRGR: Top Represented Industries & Keywords
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