PSIL vs. MARB ETF Comparison
Comparison of AdvisorShares Psychedelics ETF (PSIL) to First Trust Merger Arbitrage ETF (MARB)
PSIL
AdvisorShares Psychedelics ETF
PSIL Description
AdvisorShares Trust - AdvisorShares Psychedelics ETF is an exchange traded fund launched and managed by AdvisorShares Investments, LLC. The fund invests in public equity markets of global region. It invests directly and through derivatives in stocks of companies operating across healthcare, pharmaceuticals, biotechnology and life sciences companies focused on plant-based psychedelic medicines as well as other companies with business activities in the psychedelics industry sectors. The fund uses derivatives such as swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. The investment seeks long-term capital appreciation. AdvisorShares Trust - AdvisorShares Psychedelics ETF is domiciled in the United States.
Grade (RS Rating)
Last Trade
$12.58
Average Daily Volume
32,267
8
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
$19.66
Average Daily Volume
6,813
34
Performance
Period | PSIL | MARB |
---|---|---|
30 Days | -9.17% | -1.12% |
60 Days | 58.81% | -1.65% |
90 Days | 44.20% | -2.34% |
12 Months | 0.42% | -1.47% |
0 Overlapping Holdings
Symbol | Grade | Weight in PSIL | Weight in MARB | Overlap |
---|
PSIL Underweight 34 Positions Relative to MARB
Symbol | Grade | Weight | |
---|---|---|---|
HTLF | A | -7.98% | |
HCP | B | -5.64% | |
EDR | A | -4.92% | |
ACI | C | -4.88% | |
DFS | A | -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 | B | -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 | C | -2.29% | |
IBTX | A | -2.21% | |
RCM | A | -2.07% | |
MRO | A | -2.03% | |
WSC | F | --1.0% | |
COP | C | --2.02% | |
SNPS | C | --2.21% | |
SSB | A | --2.22% | |
CVX | A | --3.56% | |
SLB | C | --4.15% | |
COF | A | --5.12% | |
UMBF | A | --8.33% |
PSIL: Top Represented Industries & Keywords
MARB: Top Represented Industries & Keywords