MRGR vs. NRSH ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to Aztlan North America Nearshoring Stock Selection ETF (NRSH)
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
$42.09
Average Daily Volume
792
29
NRSH
Aztlan North America Nearshoring Stock Selection ETF
NRSH Description
The initial universe for the index includes companies that, according to GICS classifications, belong to one of the following industries or sub-industries: (a) Industrial REITs, (b) Office REITs, (c) Real Estate Management & Development, (d) Specialized REITs, (e) Ground Transportation, (f) Air Freight & Logistics, (g) Transportation Infrastructure, or (h) Marine Transportation. The fund will invest all, or substantially all, of its assets in the component securities that make up the index. It is non-diversified.Grade (RS Rating)
Last Trade
$23.22
Average Daily Volume
1,394
17
Performance
| Period | MRGR | NRSH |
|---|---|---|
| 30 Days | 0.12% | 3.64% |
| 60 Days | 0.60% | 3.32% |
| 90 Days | 1.82% | 4.44% |
| 12 Months | 7.37% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MRGR | Weight in NRSH | Overlap | |
|---|---|---|---|---|---|
| ATSG | A | 2.4% | 1.35% | 1.35% |
MRGR Overweight 28 Positions Relative to NRSH
| Symbol | Grade | Weight | |
|---|---|---|---|
| HTLF | B | 3.58% | |
| DFS | B | 3.14% | |
| IBTX | B | 3.02% | |
| SASR | B | 2.81% | |
| EDR | A | 2.53% | |
| INFN | D | 2.5% | |
| LBPH | A | 2.43% | |
| EVRI | A | 2.42% | |
| NAPA | A | 2.42% | |
| B | A | 2.41% | |
| SMAR | A | 2.41% | |
| ROIC | A | 2.41% | |
| ALTR | B | 2.4% | |
| ZUO | B | 2.39% | |
| K | A | 2.37% | |
| RCM | A | 2.37% | |
| ENV | B | 2.37% | |
| CDMO | A | 2.36% | |
| ANSS | B | 2.32% | |
| ALE | A | 2.31% | |
| HCP | B | 2.3% | |
| MRO | B | 2.28% | |
| LBRDK | C | 2.25% | |
| CTLT | C | 2.2% | |
| JNPR | D | 2.14% | |
| SPR | D | 2.11% | |
| CHX | C | 1.8% | |
| RVNC | F | 1.42% |
MRGR: Top Represented Industries & Keywords
NRSH: Top Represented Industries & Keywords
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