NDOW vs. MRGR ETF Comparison
Comparison of Anydrus Advantage ETF (NDOW) to ProShares Merger ETF (MRGR)
NDOW
Anydrus Advantage ETF
NDOW Description
Grade (RS Rating)
Last Trade
$25.10
Average Daily Volume
53,176
Number of Holdings
*
10
* may have additional holdings in another (foreign) market
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
$40.33
Average Daily Volume
826
Number of Holdings
*
32
* may have additional holdings in another (foreign) market
Performance
| Period | NDOW | MRGR |
|---|---|---|
| 30 Days | 0.35% | 0.70% |
| 60 Days | 0.68% | |
| 90 Days | -0.14% | |
| 12 Months | 7.01% |
0 Overlapping Holdings
| Symbol | Grade | Weight in NDOW | Weight in MRGR | Overlap |
|---|
NDOW Underweight 32 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRK | D | -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 | A | -2.46% | |
| DO | B | -2.46% | |
| AMK | B | -2.46% | |
| SQSP | A | -2.45% | |
| WIRE | A | -2.44% | |
| MRO | B | -2.43% | |
| ALE | C | -2.43% | |
| ANSS | C | -2.4% | |
| SRCL | A | -2.39% | |
| AXNX | B | -2.38% | |
| SLCA | B | -2.37% | |
| JNPR | B | -2.32% | |
| CTLT | B | -2.28% | |
| IBTX | B | -2.27% | |
| CERE | D | -2.26% | |
| HES | C | -2.17% | |
| MGRC | F | -2.08% | |
| CHX | C | -2.07% | |
| HA | D | -2.07% | |
| X | D | -1.82% |
NDOW: Top Represented Industries & Keywords
Industries:
Utilities - Independent Power Producers
Utilities - Regulated Electric
Keywords:
Exchange Traded Fund
ETF
Bond
Bond Market
Structured Finance
United States Treasury Security
Us Treasury
Electricity
Exchange Traded Funds
Index Fund
Natural Gas
S&P 500
Chemical Elements
Dow Jones Industrial Average Index
Electric Energy
Electric Power
Electric Power Distribution
Electricity Generation
Electricity Market
Gexa Energy
MRGR: Top Represented Industries & Keywords
Industries:
Oil & Gas E&P
Software - Application
Banks - Regional - US
Medical Devices
Software - Infrastructure
Airlines
Asset Management
Biotechnology
Communication Equipment
Credit Services
Drug Manufacturers - Specialty & Generic
Electronic Components
Entertainment
Industrial Metals & Minerals
Information Technology Services
Oil & Gas Drilling
Oil & Gas Equipment & Services
Oil & Gas Midstream
Packaging & Containers
REIT - Residential
Keywords:
S&P 500
Computing
Petroleum Industry
Bank
Business Process Management
Deposit Products
Information Technology Management
Natural Gas
Aerospace
Banking
Biopharmaceutical
Chemical
Clinic
Clinical Services
Customer Support Services
Electronics
Energy Industry
Investment Management
Metals
Mobile Banking
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