OCTA vs. MARB ETF Comparison
Comparison of Octane All-Cap Value Energy ETF (OCTA) to First Trust Merger Arbitrage ETF (MARB)
OCTA
Octane All-Cap Value Energy ETF
OCTA Description
The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its objective by investing in U.S.-listed equity securities of "Energy Companies." It will invest, under normal circumstances, at least 80% of its net assets plus the amount of borrowings for investment purposes, in equity securities of Value Energy Companies.
Grade (RS Rating)
Last Trade
$18.57
Average Daily Volume
395
Number of Holdings
*
24
* may have additional holdings in another (foreign) market
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
$19.72
Average Daily Volume
7,030
Number of Holdings
*
34
* may have additional holdings in another (foreign) market
Performance
| Period | OCTA | MARB |
|---|---|---|
| 30 Days | 2.47% | -1.03% |
| 60 Days | -2.92% | -1.01% |
| 90 Days | -2.65% | -1.64% |
| 12 Months | -0.91% |
0 Overlapping Holdings
| Symbol | Grade | Weight in OCTA | Weight in MARB | Overlap |
|---|
OCTA Overweight 24 Positions Relative to MARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| ARCH | B | 6.61% | |
| BTU | B | 5.56% | |
| SM | B | 5.48% | |
| TTE | F | 4.93% | |
| CEIX | A | 4.38% | |
| VLO | C | 4.21% | |
| PBF | D | 4.13% | |
| EOG | A | 4.12% | |
| PSX | C | 3.95% | |
| APA | D | 3.55% | |
| ARLP | A | 3.52% | |
| TRMD | F | 3.38% | |
| MPC | D | 3.06% | |
| GPOR | B | 3.06% | |
| PTEN | C | 2.9% | |
| DINO | D | 2.74% | |
| TS | B | 2.6% | |
| E | F | 2.59% | |
| OVV | B | 2.55% | |
| CHRD | D | 2.54% | |
| PARR | F | 2.51% | |
| LBRT | D | 2.12% | |
| INSW | F | 2.12% | |
| CIVI | D | 2.07% |
OCTA Underweight 34 Positions Relative to MARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| HTLF | B | -7.98% | |
| HCP | B | -5.64% | |
| EDR | A | -4.92% | |
| ACI | C | -4.88% | |
| DFS | B | -4.67% | |
| AMED | F | -4.57% | |
| AXNX | A | -4.2% | |
| NAPA | A | -3.99% | |
| ANSS | B | -3.85% | |
| B | A | -3.78% | |
| JNPR | D | -3.65% | |
| EVRI | A | -3.48% | |
| K | A | -3.28% | |
| ESGR | B | -3.18% | |
| CTLT | C | -3.17% | |
| HES | B | -3.07% | |
| VZIO | A | -3.05% | |
| CHX | C | -2.78% | |
| LBPH | A | -2.78% | |
| MGRC | B | -2.75% | |
| FYBR | C | -2.53% | |
| ENV | B | -2.38% | |
| SRDX | B | -2.29% | |
| IBTX | B | -2.21% | |
| RCM | A | -2.07% | |
| MRO | B | -2.03% | |
| WSC | F | --1.0% | |
| COP | C | --2.02% | |
| SNPS | B | --2.21% | |
| SSB | B | --2.22% | |
| CVX | A | --3.56% | |
| SLB | C | --4.15% | |
| COF | C | --5.12% | |
| UMBF | B | --8.33% |
OCTA: Top Represented Industries & Keywords
MARB: Top Represented Industries & Keywords
Industries:
Banks - Regional - US
Oil & Gas E&P
Credit Services
Oil & Gas Equipment & Services
Rental & Leasing Services
Software - Application
Beverages - Wineries & Distilleries
Biotechnology
Capital Markets
Communication Equipment
Consumer Electronics
Diagnostics & Research
Diversified Industrials
Drug Manufacturers - Specialty & Generic
Entertainment
Gambling
Grocery Stores
Health Information Services
Insurance - Diversified
Medical Care
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