MRGR vs. SIXG ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to Defiance Connective Technologies ETF (SIXG)
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
$42.22
Average Daily Volume
811
29
SIXG
Defiance Connective Technologies ETF
SIXG Description
The fund uses a passive management approach to track the total return performance, before fees and expenses, of the index. The index is a rules-based index that 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 (collectively, "5G Companies").Grade (RS Rating)
Last Trade
$46.13
Average Daily Volume
19,374
49
Performance
Period | MRGR | SIXG |
---|---|---|
30 Days | 0.41% | 4.25% |
60 Days | 1.07% | 7.76% |
90 Days | 2.14% | 8.93% |
12 Months | 7.71% |
MRGR Overweight 26 Positions Relative to SIXG
Symbol | Grade | Weight | |
---|---|---|---|
HTLF | B | 3.58% | |
DFS | B | 3.14% | |
IBTX | B | 3.02% | |
SASR | B | 2.81% | |
EDR | A | 2.53% | |
LBPH | A | 2.43% | |
EVRI | A | 2.42% | |
NAPA | B | 2.42% | |
B | B | 2.41% | |
SMAR | A | 2.41% | |
ROIC | A | 2.41% | |
ALTR | B | 2.4% | |
ATSG | B | 2.4% | |
ZUO | B | 2.39% | |
K | A | 2.37% | |
RCM | F | 2.37% | |
ENV | B | 2.37% | |
CDMO | B | 2.36% | |
ANSS | B | 2.32% | |
ALE | A | 2.31% | |
MRO | B | 2.28% | |
LBRDK | C | 2.25% | |
CTLT | B | 2.2% | |
SPR | D | 2.11% | |
CHX | C | 1.8% | |
RVNC | F | 1.42% |
MRGR Underweight 46 Positions Relative to SIXG
Symbol | Grade | Weight | |
---|---|---|---|
NVDA | C | -5.65% | |
ORCL | B | -5.22% | |
AVGO | D | -4.84% | |
AAPL | C | -4.7% | |
CSCO | B | -4.16% | |
QCOM | F | -3.32% | |
ANET | C | -2.67% | |
MRVL | B | -2.39% | |
CRDO | B | -2.2% | |
GSAT | C | -2.15% | |
DDOG | A | -2.09% | |
IDCC | A | -2.02% | |
CIEN | B | -1.9% | |
ERIC | B | -1.86% | |
KD | B | -1.83% | |
NOK | D | -1.82% | |
ATEN | B | -1.82% | |
FFIV | B | -1.8% | |
MTSI | B | -1.8% | |
CSGS | B | -1.74% | |
VIAV | B | -1.72% | |
KEYS | A | -1.71% | |
NTAP | C | -1.68% | |
TMUS | B | -1.66% | |
EXTR | B | -1.64% | |
NTCT | C | -1.63% | |
DT | C | -1.62% | |
SWI | B | -1.55% | |
IRDM | D | -1.53% | |
DOX | D | -1.52% | |
ARM | D | -1.51% | |
T | A | -1.48% | |
MXL | C | -1.46% | |
AKAM | D | -1.44% | |
EQIX | A | -1.44% | |
DOCN | D | -1.35% | |
VZ | C | -1.33% | |
SWKS | F | -1.32% | |
NPAB | B | -1.29% | |
NABL | F | -1.24% | |
CCI | D | -1.21% | |
CALX | D | -1.21% | |
COMM | D | -1.17% | |
AMT | D | -1.15% | |
QRVO | F | -0.94% | |
VSAT | F | -0.72% |
MRGR: Top Represented Industries & Keywords
SIXG: Top Represented Industries & Keywords