MRGR vs. DULL ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to Bank Of Montreal MicroSectors Gold -3X Inverse Leveraged ETNs due January 29, 2043 (DULL)
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
$41.95
Average Daily Volume
714
28
DULL
Bank Of Montreal MicroSectors Gold -3X Inverse Leveraged ETNs due January 29, 2043
DULL Description
The notes are designed to reflect a 3x leveraged inverse exposure to the inverse performance of the ETF on a daily basis. The notes are riskier than securities that have intermediate- or long-term investment objectives, and may not be suitable for investors who plan to hold them for a period other than one day or who have a "buy and hold" strategy.Grade (RS Rating)
Last Trade
$8.49
Average Daily Volume
21,038
1
Performance
Period | MRGR | DULL |
---|---|---|
30 Days | 1.06% | -16.72% |
60 Days | 3.11% | -24.87% |
90 Days | 4.09% | -26.83% |
12 Months | 7.71% | -67.23% |
0 Overlapping Holdings
Symbol | Grade | Weight in MRGR | Weight in DULL | Overlap |
---|
MRGR Overweight 28 Positions Relative to DULL
Symbol | Grade | Weight | |
---|---|---|---|
HTLF | B | 3.04% | |
IBTX | B | 2.68% | |
INFN | C | 2.52% | |
DFS | A | 2.5% | |
EDR | A | 2.46% | |
SQSP | A | 2.39% | |
SMAR | A | 2.36% | |
K | B | 2.35% | |
EVRI | A | 2.35% | |
ENV | C | 2.33% | |
PETQ | A | 2.33% | |
VGR | B | 2.32% | |
JNPR | C | 2.32% | |
SRCL | B | 2.32% | |
RCM | B | 2.32% | |
TELL | B | 2.32% | |
INST | C | 2.32% | |
PRFT | A | 2.31% | |
HCP | A | 2.3% | |
ALE | A | 2.29% | |
CTLT | A | 2.24% | |
AXNX | A | 2.24% | |
ANSS | D | 2.22% | |
SPR | D | 2.2% | |
MRO | B | 2.06% | |
RVNC | F | 1.89% | |
HES | D | 1.8% | |
CHX | C | 1.75% |
MRGR Underweight 1 Positions Relative to DULL
Symbol | Grade | Weight | |
---|---|---|---|
GLD | B | -100.0% |
MRGR: Top Represented Industries & Keywords
DULL: Top Represented Industries & Keywords