MRGR vs. XMLV ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to PowerShares S&P MidCap Low Volatility Portfolio (XMLV)
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
$41.95
Average Daily Volume
714
28
XMLV
PowerShares S&P MidCap Low Volatility Portfolio
XMLV Description
The PowerShares S&P MidCap Low Volatility Portfolio (Fund) is based on the S&P MidCap 400 Low Volatility Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's, consisting of 80 out of 400 medium-capitalization range securities from the S&P MidCap 400 Index with the lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$60.99
Average Daily Volume
44,430
79
Performance
| Period | MRGR | XMLV |
|---|---|---|
| 30 Days | 1.06% | 2.81% |
| 60 Days | 3.11% | 8.58% |
| 90 Days | 4.09% | 12.34% |
| 12 Months | 7.71% | 28.03% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MRGR | Weight in XMLV | Overlap | |
|---|---|---|---|---|---|
| ALE | A | 2.29% | 1.18% | 1.18% |
MRGR Overweight 27 Positions Relative to XMLV
| Symbol | Grade | Weight | |
|---|---|---|---|
| HTLF | B | 3.04% | |
| IBTX | B | 2.68% | |
| INFN | C | 2.52% | |
| DFS | A | 2.5% | |
| EDR | A | 2.46% | |
| SQSP | A | 2.39% | |
| SMAR | A | 2.36% | |
| K | B | 2.35% | |
| EVRI | A | 2.35% | |
| ENV | C | 2.33% | |
| PETQ | A | 2.33% | |
| VGR | B | 2.32% | |
| JNPR | C | 2.32% | |
| SRCL | B | 2.32% | |
| RCM | B | 2.32% | |
| TELL | B | 2.32% | |
| INST | C | 2.32% | |
| PRFT | A | 2.31% | |
| HCP | A | 2.3% | |
| CTLT | A | 2.24% | |
| AXNX | A | 2.24% | |
| ANSS | D | 2.22% | |
| SPR | D | 2.2% | |
| MRO | B | 2.06% | |
| RVNC | F | 1.89% | |
| HES | D | 1.8% | |
| CHX | C | 1.75% |
MRGR Underweight 78 Positions Relative to XMLV
| Symbol | Grade | Weight | |
|---|---|---|---|
| ATR | A | -1.69% | |
| CW | A | -1.65% | |
| SEIC | B | -1.56% | |
| VOYA | A | -1.5% | |
| DTM | A | -1.49% | |
| CACI | A | -1.45% | |
| INGR | B | -1.41% | |
| EHC | C | -1.4% | |
| FHI | A | -1.4% | |
| PNM | B | -1.4% | |
| ORI | A | -1.39% | |
| DCI | B | -1.38% | |
| RGA | B | -1.37% | |
| AM | A | -1.37% | |
| OGE | C | -1.35% | |
| THG | A | -1.35% | |
| SON | D | -1.34% | |
| IDA | D | -1.33% | |
| GGG | C | -1.33% | |
| SF | A | -1.33% | |
| EPR | C | -1.33% | |
| GLPI | C | -1.32% | |
| POST | C | -1.32% | |
| NWE | C | -1.31% | |
| ADC | C | -1.31% | |
| MDU | C | -1.31% | |
| NJR | C | -1.3% | |
| NNN | C | -1.29% | |
| IBKR | A | -1.28% | |
| GNTX | D | -1.28% | |
| CHE | D | -1.28% | |
| ESNT | A | -1.28% | |
| AFG | A | -1.28% | |
| RLI | A | -1.27% | |
| HLI | A | -1.27% | |
| SR | D | -1.27% | |
| ACM | A | -1.26% | |
| OHI | C | -1.26% | |
| G | A | -1.24% | |
| AMG | B | -1.24% | |
| FLS | A | -1.24% | |
| AMH | D | -1.24% | |
| USFD | C | -1.23% | |
| EGP | D | -1.23% | |
| UNM | A | -1.22% | |
| FLO | D | -1.22% | |
| RPM | A | -1.22% | |
| PRI | A | -1.21% | |
| ELS | D | -1.21% | |
| MTG | A | -1.2% | |
| JEF | A | -1.2% | |
| NFG | A | -1.19% | |
| JHG | A | -1.19% | |
| SNX | C | -1.18% | |
| POR | D | -1.18% | |
| OGS | C | -1.17% | |
| FR | D | -1.17% | |
| SBRA | C | -1.17% | |
| STAG | D | -1.16% | |
| BRX | C | -1.15% | |
| LSTR | F | -1.15% | |
| AVT | B | -1.14% | |
| GEF | B | -1.14% | |
| SLGN | B | -1.14% | |
| MMS | C | -1.14% | |
| TXRH | A | -1.13% | |
| BKH | C | -1.13% | |
| MSA | F | -1.13% | |
| MAN | D | -1.09% | |
| PPC | C | -1.09% | |
| NYT | C | -1.08% | |
| NEU | F | -1.08% | |
| KBR | A | -1.08% | |
| DLB | D | -1.07% | |
| GATX | F | -1.05% | |
| MUSA | D | -1.04% | |
| WTRG | D | -1.01% | |
| CHRD | F | -0.89% |
MRGR: Top Represented Industries & Keywords
XMLV: Top Represented Industries & Keywords
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