MRGR vs. IHAK ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to iShares Cybersecurity and Tech ETF (IHAK)
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
IHAK
iShares Cybersecurity and Tech ETF
IHAK Description
The investment seeks to track the investment results of the NYSE® FactSet® Global Cyber Security IndexTM. The fund generally will invest at least 90% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index is composed of developed and emerging market companies that are involved in cyber security and technology, including cyber security hardware, software, products, and services. It is non-diversified.Grade (RS Rating)
Last Trade
$46.39
Average Daily Volume
78,559
25
Performance
| Period | MRGR | IHAK |
|---|---|---|
| 30 Days | 0.69% | 5.29% |
| 60 Days | 0.76% | 1.69% |
| 90 Days | 0.05% | 0.67% |
| 12 Months | 7.06% | 25.63% |
MRGR Overweight 30 Positions Relative to IHAK
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRK | C | 3.22% | |
| 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% | |
| 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% | |
| 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 23 Positions Relative to IHAK
| Symbol | Grade | Weight | |
|---|---|---|---|
| S | C | -4.69% | |
| CYBR | B | -4.37% | |
| VRNS | B | -4.34% | |
| PANW | B | -4.3% | |
| CRWD | B | -4.21% | |
| TENB | C | -4.13% | |
| OKTA | C | -4.1% | |
| ZS | B | -4.07% | |
| CHKP | A | -4.04% | |
| QLYS | D | -4.02% | |
| CACI | B | -3.95% | |
| BAH | C | -3.89% | |
| SAIC | D | -3.89% | |
| FTNT | C | -3.87% | |
| AKAM | F | -3.87% | |
| ALRM | C | -3.57% | |
| RPD | C | -3.1% | |
| CALX | C | -2.44% | |
| YOU | B | -1.71% | |
| ATEN | C | -1.18% | |
| RDWR | C | -0.68% | |
| OSPN | C | -0.54% | |
| CHGX | A | -0.33% |
MRGR: Top Represented Industries & Keywords
IHAK: Top Represented Industries & Keywords
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