MRGR vs. FIVG ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to Defiance Next Gen Connectivity ETF (FIVG)
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
$40.38
Average Daily Volume
826
32
FIVG
Defiance Next Gen Connectivity ETF
FIVG Description
The investment seeks to track the total return performance, before fees and expenses, of the Bluestar 5G Communications Index (the index). The fund uses a passive management approach to track the total return performance, before fees and expenses, of the index. The index consists of a tiered, modified market capitalization-weighted portfolio of the U.S.-listed equity securities, including depositary receipts, of companies whose products or services are predominantly tied to the development of 5G networking and communication technologies. At least 80% of the fund's total assets will be invested in the component securities of the index. It is non-diversified.Grade (RS Rating)
Last Trade
$42.68
Average Daily Volume
41,165
49
Performance
| Period | MRGR | FIVG |
|---|---|---|
| 30 Days | 0.69% | 5.69% |
| 60 Days | 0.76% | 13.86% |
| 90 Days | 0.05% | 11.18% |
| 12 Months | 7.06% | 29.84% |
MRGR Overweight 30 Positions Relative to FIVG
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRK | C | 3.22% | |
| EVBG | B | 2.99% | |
| ETRN | D | 2.86% | |
| HTLF | B | 2.56% | |
| EDR | A | 2.53% | |
| AIRC | A | 2.52% | |
| MODN | B | 2.5% | |
| SBOW | B | 2.49% | |
| PRFT | B | 2.49% | |
| SILK | B | 2.47% | |
| HIBB | A | 2.47% | |
| DFS | B | 2.46% | |
| DO | C | 2.46% | |
| AMK | B | 2.46% | |
| SQSP | B | 2.45% | |
| WIRE | A | 2.44% | |
| MRO | B | 2.43% | |
| ALE | C | 2.43% | |
| ANSS | C | 2.4% | |
| SRCL | B | 2.39% | |
| AXNX | B | 2.38% | |
| SLCA | B | 2.37% | |
| CTLT | B | 2.28% | |
| IBTX | B | 2.27% | |
| CERE | C | 2.26% | |
| HES | D | 2.17% | |
| MGRC | D | 2.08% | |
| CHX | C | 2.07% | |
| HA | C | 2.07% | |
| X | C | 1.82% |
MRGR Underweight 47 Positions Relative to FIVG
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | B | -6.67% | |
| AAPL | A | -6.04% | |
| AVGO | B | -5.6% | |
| ORCL | A | -4.71% | |
| QCOM | B | -4.21% | |
| CSCO | D | -3.64% | |
| AMD | B | -3.61% | |
| ADI | B | -2.92% | |
| ANET | A | -2.62% | |
| INTC | C | -2.51% | |
| DELL | C | -2.25% | |
| NXPI | B | -2.07% | |
| CRDO | B | -1.85% | |
| NTAP | A | -1.83% | |
| DDOG | B | -1.8% | |
| ARM | A | -1.79% | |
| HPE | C | -1.73% | |
| ERIC | B | -1.65% | |
| MRVL | C | -1.65% | |
| NOK | C | -1.58% | |
| KD | C | -1.58% | |
| T | B | -1.56% | |
| TMUS | B | -1.52% | |
| MTSI | A | -1.52% | |
| COHR | B | -1.5% | |
| SWKS | C | -1.47% | |
| VZ | B | -1.46% | |
| CTS | D | -1.43% | |
| EXTR | C | -1.41% | |
| IDCC | A | -1.39% | |
| KEYS | D | -1.37% | |
| AMT | B | -1.36% | |
| QRVO | B | -1.35% | |
| DT | F | -1.31% | |
| MXL | B | -1.25% | |
| CCI | D | -1.24% | |
| FFIV | C | -1.22% | |
| CALX | C | -1.21% | |
| AKAM | F | -1.19% | |
| EQIX | C | -1.19% | |
| DOX | D | -1.18% | |
| NTCT | D | -1.1% | |
| DOCN | C | -1.1% | |
| CIEN | F | -1.04% | |
| CSGS | F | -0.98% | |
| LSCC | D | -0.95% | |
| VIAV | D | -0.79% |
MRGR: Top Represented Industries & Keywords
FIVG: Top Represented Industries & Keywords
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