NIKL vs. MARB ETF Comparison
Comparison of Sprott Nickel Miners ETF (NIKL) to First Trust Merger Arbitrage ETF (MARB)
NIKL
Sprott Nickel Miners ETF
NIKL Description
The fund will, under normal circumstances, invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that derive at least 50% of their revenue and/or assets from (i) mining, exploration, development, or production of nickel ("Nickel Mining Companies"); (ii) investments in nickel that represent all or a significant portion of their assets, and/or (iii) supplying nickel. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$12.51
Average Daily Volume
14,195
5
MARB
First Trust Merger Arbitrage ETF
MARB Description
The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts (ADRs), and derivatives, including total return swaps. The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.Grade (RS Rating)
Last Trade
$19.73
Average Daily Volume
6,600
28
Performance
Period | NIKL | MARB |
---|---|---|
30 Days | -9.94% | -0.59% |
60 Days | 1.62% | -1.96% |
90 Days | 4.60% | -1.22% |
12 Months | -30.26% | -0.85% |
0 Overlapping Holdings
Symbol | Grade | Weight in NIKL | Weight in MARB | Overlap |
---|
NIKL Underweight 28 Positions Relative to MARB
Symbol | Grade | Weight | |
---|---|---|---|
HTLF | A | -6.5% | |
HCP | A | -5.53% | |
AMED | C | -4.85% | |
EDR | A | -4.84% | |
ACI | C | -4.65% | |
AXNX | A | -4.15% | |
JNPR | A | -3.68% | |
DFS | A | -3.6% | |
ANSS | C | -3.44% | |
CTLT | D | -3.16% | |
VZIO | C | -3.04% | |
HES | B | -2.9% | |
SRCL | A | -2.61% | |
CHX | F | -2.45% | |
MGRC | A | -2.31% | |
SRDX | D | -2.25% | |
IBTX | B | -1.92% | |
MRO | C | -1.81% | |
CPRI | F | -1.71% | |
EQT | C | --0.07% | |
WSC | F | --0.96% | |
COP | D | --1.83% | |
SNPS | B | --1.89% | |
SSB | B | --1.92% | |
CVX | A | --3.31% | |
SLB | F | --3.7% | |
COF | A | --4.03% | |
UMBF | A | --6.72% |
NIKL: Top Represented Industries & Keywords
MARB: Top Represented Industries & Keywords