MRGR vs. GURU ETF Comparison

Comparison of ProShares Merger ETF (MRGR) to Global X Top Guru Holdings Index ETF (GURU)

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

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GURU

Global X Top Guru Holdings Index ETF

GURU Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Top Guru Holdings Index ("underlying index"). The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs based on the securities in the underlying index. The underlying index is comprised of the top U.S. listed equity positions reported on Form 13F by a select group of entities that Structured Solutions AG (the "Index Provider") characterizes as hedge funds. The Adviser uses a "passive" or indexing approach to try to achieve the fund's investment objective. It is non-diversified.

Grade (RS Rating)

Last Trade

$43.64

Average Daily Volume

1,389

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MRGR	GURU
30 Days	0.69%	1.64%
60 Days	0.76%	2.37%
90 Days	0.05%	1.92%
12 Months	7.06%	19.42%

1 Overlapping Holdings

	Symbol	Grade	Weight in MRGR	Weight in GURU	Overlap
	EDR	A	2.53%	1.67%	1.67%

MRGR Overweight 31 Positions Relative to GURU

Symbol	Grade	Weight
WRK	C	3.22%
EVBG	B	2.99%
ETRN	D	2.86%
HTLF	B	2.56%
AIRC	A	2.52%
MODN	B	2.5%
SBOW	B	2.49%
PRFT	B	2.49%
HCP	A	2.48%
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%
JNPR	B	2.32%
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 55 Positions Relative to GURU

Symbol	Grade	Weight
NVDA	B	-2.22%
TPL	B	-2.01%
ORCL	A	-1.94%
AAPL	A	-1.91%
RBLX	B	-1.89%
UTHR	B	-1.87%
GWRE	A	-1.87%
PLNT	B	-1.85%
CYBR	B	-1.81%
MSFT	A	-1.79%
EXPE	C	-1.79%
AMZN	A	-1.77%
META	A	-1.76%
GOOGL	A	-1.75%
ESTC	B	-1.75%
GDDY	A	-1.74%
THC	C	-1.74%
WELL	A	-1.71%
FOLD	C	-1.69%
STX	B	-1.69%
SPGI	B	-1.68%
PLD	C	-1.67%
GE	D	-1.66%
INCY	D	-1.66%
LIN	C	-1.65%
MRVL	C	-1.62%
NUVL	C	-1.62%
CMG	D	-1.61%
POST	C	-1.61%
VST	C	-1.61%
MA	C	-1.6%
CARR	C	-1.6%
HD	C	-1.59%
PWR	D	-1.58%
GRBK	C	-1.57%
V	C	-1.57%
ACI	F	-1.56%
DIS	D	-1.56%
ASH	D	-1.55%
SHW	D	-1.55%
PCG	D	-1.53%
LAD	F	-1.53%
ABG	D	-1.52%
K	D	-1.5%
CPNG	C	-1.5%
CRM	C	-1.5%
CHK	D	-1.5%
PTCT	D	-1.49%
DAL	D	-1.48%
IDXX	D	-1.45%
CAR	F	-1.44%
BABA	D	-1.43%
SNOW	D	-1.42%
IMCR	D	-1.09%
HTZ	F	-1.04%