MRGR vs. FINX ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to Global X FinTech Thematic ETF (FINX)
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
$41.82
Average Daily Volume
730
28
FINX
Global X FinTech Thematic ETF
FINX Description
The Global X FinTech Thematic ETF (FINX) seeks to invest in companies on the leading edge of the emerging financial technology sector, which encompasses a range of innovations helping to transform established industries like insurance, investing, fundraising, and third-party lending through unique mobile and digital solutionsGrade (RS Rating)
Last Trade
$27.67
Average Daily Volume
66,250
40
Performance
| Period | MRGR | FINX |
|---|---|---|
| 30 Days | 0.80% | 0.76% |
| 60 Days | 2.21% | 10.99% |
| 90 Days | 3.89% | 8.81% |
| 12 Months | 7.21% | 38.82% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MRGR | Weight in FINX | Overlap | |
|---|---|---|---|---|---|
| ENV | C | 2.33% | 0.92% | 0.92% |
MRGR Overweight 27 Positions Relative to FINX
| Symbol | Grade | Weight | |
|---|---|---|---|
| HTLF | C | 3.12% | |
| IBTX | D | 2.79% | |
| INFN | C | 2.53% | |
| DFS | C | 2.52% | |
| EDR | A | 2.41% | |
| SQSP | A | 2.4% | |
| K | B | 2.35% | |
| SRCL | B | 2.35% | |
| EVRI | B | 2.35% | |
| PETQ | A | 2.34% | |
| INST | C | 2.33% | |
| JNPR | C | 2.32% | |
| VGR | C | 2.32% | |
| RCM | B | 2.32% | |
| PRFT | A | 2.31% | |
| HCP | B | 2.3% | |
| ALE | A | 2.28% | |
| TELL | B | 2.27% | |
| AXNX | A | 2.23% | |
| SPR | D | 2.23% | |
| CTLT | B | 2.22% | |
| ANSS | D | 2.2% | |
| MRO | D | 2.17% | |
| RVNC | D | 1.9% | |
| MGRC | D | 1.88% | |
| HES | D | 1.83% | |
| CHX | F | 1.8% |
MRGR Underweight 39 Positions Relative to FINX
| Symbol | Grade | Weight | |
|---|---|---|---|
| PYPL | B | -7.44% | |
| FIS | C | -7.06% | |
| INTU | F | -5.71% | |
| SSNC | C | -5.1% | |
| SQ | D | -5.0% | |
| XRX | F | -4.14% | |
| GWRE | A | -3.86% | |
| GPN | F | -3.78% | |
| COIN | F | -3.59% | |
| JKHY | A | -3.45% | |
| AFRM | C | -3.15% | |
| TOST | B | -3.12% | |
| SOFI | C | -2.16% | |
| HQY | B | -1.82% | |
| BILL | D | -1.55% | |
| ACIW | A | -1.45% | |
| FOUR | B | -1.32% | |
| NCNO | D | -0.94% | |
| STNE | F | -0.93% | |
| UPST | C | -0.93% | |
| MARA | F | -0.92% | |
| VIRT | C | -0.76% | |
| VERX | B | -0.59% | |
| SPNS | C | -0.54% | |
| FLYW | F | -0.54% | |
| PAGS | F | -0.53% | |
| MLNK | F | -0.5% | |
| RIOT | F | -0.4% | |
| DLO | F | -0.37% | |
| LC | D | -0.34% | |
| LMND | F | -0.34% | |
| BLND | C | -0.25% | |
| LPRO | D | -0.2% | |
| CIFR | F | -0.2% | |
| TREE | C | -0.2% | |
| IIIV | F | -0.14% | |
| CTLP | B | -0.13% | |
| PAY | D | -0.12% | |
| MITK | F | -0.11% |
MRGR: Top Represented Industries & Keywords
FINX: Top Represented Industries & Keywords
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