MRGR vs. TSME ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to Thrivent Small-Mid Cap ESG ETF (TSME)
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
TSME
Thrivent Small-Mid Cap ESG ETF
TSME Description
Thrivent Small-Mid Cap ESG ETF is an exchange traded fund launched and managed by Thrivent Asset Management, LLC. It invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization, within the market capitalization range of the Russell 2500 Index or the S&P MidCap Index. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It employs fundamental and quantitative analysis to create its portfolio. Thrivent Small-Mid Cap ESG ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$39.34
Average Daily Volume
57,352
62
Performance
| Period | MRGR | TSME |
|---|---|---|
| 30 Days | 0.12% | 7.14% |
| 60 Days | 0.60% | 8.05% |
| 90 Days | 1.82% | 11.01% |
| 12 Months | 7.37% | 40.50% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MRGR | Weight in TSME | Overlap | |
|---|---|---|---|---|---|
| B | A | 2.41% | 1.45% | 1.45% |
MRGR Overweight 28 Positions Relative to TSME
| 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% | |
| SMAR | A | 2.41% | |
| ROIC | A | 2.41% | |
| ALTR | B | 2.4% | |
| ATSG | A | 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 Underweight 61 Positions Relative to TSME
| Symbol | Grade | Weight | |
|---|---|---|---|
| FICO | B | -2.17% | |
| NVR | D | -2.1% | |
| TKR | D | -2.09% | |
| NSIT | F | -2.08% | |
| SN | D | -2.03% | |
| LH | B | -1.97% | |
| BANR | B | -1.85% | |
| NVT | B | -1.84% | |
| MOD | A | -1.82% | |
| TSCO | D | -1.8% | |
| EFSC | B | -1.79% | |
| RRX | B | -1.77% | |
| PATK | C | -1.77% | |
| PWR | A | -1.77% | |
| TECH | F | -1.75% | |
| SKY | A | -1.73% | |
| LFUS | D | -1.73% | |
| WH | B | -1.72% | |
| GTES | A | -1.72% | |
| TPG | A | -1.7% | |
| NI | A | -1.7% | |
| ZBRA | B | -1.65% | |
| FNB | A | -1.65% | |
| TRU | D | -1.63% | |
| OMF | A | -1.62% | |
| SNV | C | -1.61% | |
| STLD | B | -1.59% | |
| RJF | A | -1.56% | |
| CECO | B | -1.55% | |
| ESI | B | -1.54% | |
| BELFB | C | -1.54% | |
| TFIN | B | -1.52% | |
| SAIA | B | -1.49% | |
| EMN | C | -1.47% | |
| CNM | D | -1.47% | |
| LMB | B | -1.46% | |
| WMS | F | -1.45% | |
| KD | B | -1.45% | |
| FTI | A | -1.44% | |
| ICLR | D | -1.44% | |
| NSA | C | -1.42% | |
| ASGN | F | -1.41% | |
| WCC | B | -1.4% | |
| REXR | F | -1.39% | |
| EXR | C | -1.37% | |
| SUM | B | -1.33% | |
| GO | C | -1.21% | |
| ACGL | C | -1.21% | |
| GPI | B | -1.21% | |
| ALGN | D | -1.2% | |
| ENTG | D | -1.16% | |
| KNSL | B | -1.14% | |
| NGVT | B | -1.12% | |
| DAR | C | -1.09% | |
| COHR | B | -1.06% | |
| HAE | C | -1.05% | |
| IBP | D | -1.03% | |
| COTY | F | -1.03% | |
| PGNY | F | -0.94% | |
| MRVI | F | -0.94% | |
| LSCC | D | -0.64% |
MRGR: Top Represented Industries & Keywords
TSME: Top Represented Industries & Keywords
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