MRGR vs. OIH ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to Market Vectors Oil Services ETF (OIH)
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
OIH
Market Vectors Oil Services ETF
OIH Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® US Listed Oil Services 25 Index (the "Oil Services Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Oil Services Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the oil services industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.Grade (RS Rating)
Last Trade
$309.79
Average Daily Volume
348,502
24
Performance
| Period | MRGR | OIH |
|---|---|---|
| 30 Days | 0.69% | 3.35% |
| 60 Days | 0.76% | -2.96% |
| 90 Days | 0.05% | -11.32% |
| 12 Months | 7.06% | 9.04% |
MRGR Overweight 30 Positions Relative to OIH
| 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% | |
| 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% | |
| JNPR | B | 2.32% | |
| CTLT | B | 2.28% | |
| IBTX | B | 2.27% | |
| CERE | C | 2.26% | |
| HES | D | 2.17% | |
| MGRC | D | 2.08% | |
| HA | C | 2.07% | |
| X | C | 1.82% |
MRGR Underweight 22 Positions Relative to OIH
| Symbol | Grade | Weight | |
|---|---|---|---|
| SLB | D | -20.6% | |
| BKR | C | -10.46% | |
| HAL | F | -9.98% | |
| WFRD | B | -5.17% | |
| TS | D | -4.74% | |
| NOV | D | -4.68% | |
| FTI | B | -4.62% | |
| VAL | B | -4.17% | |
| RIG | F | -4.1% | |
| PTEN | F | -3.76% | |
| WHD | C | -3.35% | |
| HP | D | -2.7% | |
| LBRT | D | -2.25% | |
| OII | B | -1.94% | |
| XPRO | C | -1.73% | |
| HLX | B | -1.48% | |
| WTTR | B | -1.19% | |
| RES | F | -0.89% | |
| NBR | F | -0.72% | |
| CLB | B | -0.55% | |
| PUMP | F | -0.5% | |
| DRQ | F | -0.44% |
MRGR: Top Represented Industries & Keywords
OIH: Top Represented Industries & Keywords
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