MRGR vs. XPH ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to SPDR S&P Pharmaceuticals ETF (XPH)
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
$41.93
Average Daily Volume
710
28
XPH
SPDR S&P Pharmaceuticals ETF
XPH Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the pharmaceuticals segment of a U.S. total market composite index. In seeking to track the performance of the S&P Pharmaceuticals Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the pharmaceuticals industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$44.31
Average Daily Volume
29,397
44
Performance
| Period | MRGR | XPH |
|---|---|---|
| 30 Days | 1.06% | -0.31% |
| 60 Days | 2.48% | 4.69% |
| 90 Days | 4.17% | 13.41% |
| 12 Months | 7.63% | 16.72% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MRGR | Weight in XPH | Overlap | |
|---|---|---|---|---|---|
| CTLT | A | 2.22% | 3.66% | 2.22% |
MRGR Overweight 27 Positions Relative to XPH
| Symbol | Grade | Weight | |
|---|---|---|---|
| HTLF | C | 3.12% | |
| IBTX | D | 2.79% | |
| INFN | C | 2.53% | |
| DFS | C | 2.52% | |
| EDR | A | 2.41% | |
| SQSP | A | 2.4% | |
| K | B | 2.35% | |
| SRCL | B | 2.35% | |
| EVRI | A | 2.35% | |
| PETQ | A | 2.34% | |
| INST | B | 2.33% | |
| ENV | C | 2.33% | |
| JNPR | B | 2.32% | |
| VGR | B | 2.32% | |
| RCM | B | 2.32% | |
| PRFT | A | 2.31% | |
| HCP | B | 2.3% | |
| ALE | A | 2.28% | |
| TELL | B | 2.27% | |
| AXNX | A | 2.23% | |
| SPR | D | 2.23% | |
| ANSS | D | 2.2% | |
| MRO | D | 2.17% | |
| RVNC | F | 1.9% | |
| MGRC | D | 1.88% | |
| HES | D | 1.83% | |
| CHX | D | 1.8% |
MRGR Underweight 43 Positions Relative to XPH
| Symbol | Grade | Weight | |
|---|---|---|---|
| CORT | B | -4.11% | |
| ZTS | C | -3.69% | |
| BMY | B | -3.69% | |
| RPRX | B | -3.68% | |
| JAZZ | F | -3.67% | |
| VTRS | D | -3.61% | |
| PFE | D | -3.58% | |
| LLY | D | -3.56% | |
| JNJ | D | -3.53% | |
| MRK | F | -3.53% | |
| ITCI | D | -3.52% | |
| AXSM | B | -3.47% | |
| ELAN | D | -3.44% | |
| OGN | F | -3.39% | |
| PRGO | F | -3.34% | |
| SAVA | D | -3.28% | |
| EWTX | B | -2.84% | |
| ARVN | F | -2.59% | |
| PBH | D | -2.26% | |
| AMPH | C | -2.26% | |
| LBPH | D | -2.26% | |
| TARS | C | -2.09% | |
| COLL | B | -1.98% | |
| SUPN | D | -1.92% | |
| PCRX | F | -1.76% | |
| LGND | D | -1.6% | |
| ANIP | F | -1.6% | |
| HRMY | D | -1.54% | |
| OCUL | B | -1.34% | |
| AMRX | B | -1.3% | |
| HROW | B | -1.27% | |
| FULC | F | -1.07% | |
| INVA | B | -1.01% | |
| PHAT | C | -1.0% | |
| LQDA | F | -0.95% | |
| MNMD | F | -0.91% | |
| PLRX | F | -0.79% | |
| EOLS | B | -0.76% | |
| EYPT | F | -0.76% | |
| WVE | B | -0.66% | |
| ELVN | B | -0.65% | |
| NUVB | F | -0.54% | |
| XERS | B | -0.45% |
MRGR: Top Represented Industries & Keywords
XPH: Top Represented Industries & Keywords
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