OCIO vs. MRGR ETF Comparison
Comparison of ClearShares OCIO ETF (OCIO) to ProShares Merger ETF (MRGR)
OCIO
ClearShares OCIO ETF
OCIO Description
The investment seeks to outperform a traditional 60/40 mix of global equity and fixed-income investments. The fund is expected to typically invest approximately 40% to 70% of its total assets in underlying funds that principally invest in equity securities of any market capitalization. It is expected to typically invest approximately 20% to 50% of its total assets in underlying funds that principally invest in debt obligations.
Grade (RS Rating)
Last Trade
$34.14
Average Daily Volume
2,692
Number of Holdings
*
15
* 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
$41.80
Average Daily Volume
565
Number of Holdings
*
30
* may have additional holdings in another (foreign) market
Performance
| Period | OCIO | MRGR |
|---|---|---|
| 30 Days | 1.57% | 0.77% |
| 60 Days | 3.45% | 2.36% |
| 90 Days | 3.57% | 4.87% |
| 12 Months | 16.56% | 6.78% |
0 Overlapping Holdings
| Symbol | Grade | Weight in OCIO | Weight in MRGR | Overlap |
|---|
OCIO Underweight 30 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| HTLF | B | -2.95% | |
| HA | A | -2.69% | |
| IBTX | B | -2.6% | |
| INFN | B | -2.4% | |
| EDR | A | -2.39% | |
| SQSP | A | -2.39% | |
| EVRI | C | -2.36% | |
| SRCL | A | -2.35% | |
| ENV | C | -2.34% | |
| RVNC | D | -2.33% | |
| PETQ | B | -2.33% | |
| K | B | -2.33% | |
| INST | D | -2.33% | |
| DFS | B | -2.32% | |
| VGR | B | -2.32% | |
| PRFT | B | -2.32% | |
| RCM | C | -2.32% | |
| JNPR | B | -2.3% | |
| HCP | B | -2.3% | |
| SILK | A | -2.27% | |
| ALE | B | -2.27% | |
| SPR | D | -2.25% | |
| AXNX | B | -2.23% | |
| TELL | C | -2.23% | |
| CTLT | B | -2.22% | |
| ANSS | D | -2.17% | |
| MRO | C | -2.02% | |
| MGRC | F | -1.87% | |
| HES | F | -1.71% | |
| CHX | F | -1.64% |
OCIO: Top Represented Industries & Keywords
Industries:
MRGR: Top Represented Industries & Keywords
Industries:
Oil & Gas E&P
Banks - Regional - US
Communication Equipment
Drug Manufacturers - Specialty & Generic
Medical Devices
Software - Application
Software - Infrastructure
Aerospace & Defense
Airlines
Biotechnology
Capital Markets
Credit Services
Entertainment
Gambling
Health Information Services
Information Technology Services
Oil & Gas Equipment & Services
Packaged Foods
Rental & Leasing Services
Tobacco
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