RFG vs. MRGR ETF Comparison

Comparison of Guggenheim S&P Midcap 400 Pure Growth ETF (RFG) to ProShares Merger ETF (MRGR)

RFG

Guggenheim S&P Midcap 400 Pure Growth ETF

RFG Description

The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P MidCap 400 Pure Growth Index Total Return. The fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. The underlying index is narrow in focus, containing only those S&P MidCap 400 companies with strong growth characteristics as selected by S&P. It may hold up to 10% of its assets in securities not included in the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$48.91

Average Daily Volume

29,827

Number of Holdings ^*

* 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

$41.93

Average Daily Volume

710

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RFG	MRGR
30 Days	0.50%	1.06%
60 Days	4.99%	2.48%
90 Days	0.71%	4.17%
12 Months	29.15%	7.63%

0 Overlapping Holdings

	Symbol	Grade	Weight in RFG	Weight in MRGR	Overlap

RFG Overweight 86 Positions Relative to MRGR

Symbol	Grade	Weight
CNX	A	2.9%
DUOL	B	2.89%
FIX	A	2.46%
SWN	D	2.15%
RYAN	A	2.13%
TOL	A	2.13%
AAON	A	2.06%
WING	B	2.03%
BLD	C	1.9%
EME	C	1.79%
LNTH	C	1.78%
MUSA	D	1.73%
APPF	C	1.72%
H	C	1.67%
KNSL	D	1.55%
CLH	C	1.54%
ONTO	B	1.54%
MEDP	F	1.49%
PR	F	1.48%
OC	C	1.48%
EXP	C	1.46%
WFRD	F	1.44%
SSD	B	1.31%
DT	C	1.3%
ELF	F	1.27%
PK	D	1.25%
FN	B	1.24%
ANF	F	1.21%
LII	C	1.18%
TXRH	A	1.18%
VVV	D	1.17%
RS	D	1.17%
CHDN	D	1.16%
CROX	C	1.15%
RRC	D	1.13%
WSM	B	1.12%
COKE	B	1.12%
MANH	C	1.1%
NVT	D	1.1%
FND	C	1.09%
UFPI	C	1.08%
CASY	D	1.04%
SKX	B	1.04%
VAL	F	1.02%
OLED	C	0.99%
WLK	C	0.98%
TPX	C	0.98%
SAIA	D	0.96%
OVV	F	0.96%
CELH	F	0.96%
EXEL	B	0.95%
PRI	A	0.95%
NEU	F	0.95%
CHRD	F	0.94%
ESAB	C	0.94%
AIT	B	0.92%
RMBS	F	0.92%
RBA	D	0.89%
LOPE	D	0.87%
WSO	C	0.86%
PSTG	F	0.83%
ALTR	B	0.82%
PLNT	B	0.81%
CR	B	0.8%
RBC	C	0.79%
GTLS	F	0.77%
BCO	C	0.75%
CIVI	F	0.75%
WMS	D	0.74%
LECO	D	0.71%
ACHC	F	0.7%
MTDR	F	0.69%
HLNE	A	0.69%
HALO	D	0.68%
LNW	F	0.67%
TREX	D	0.67%
QLYS	F	0.66%
VNT	F	0.58%
DBX	B	0.55%
ARWR	F	0.55%
PEN	D	0.53%
BYD	C	0.52%
FCN	C	0.51%
COTY	F	0.45%
CAR	D	0.38%
FIVE	D	0.37%

RFG Underweight 28 Positions Relative to MRGR

Symbol	Grade	Weight
HTLF	C	-3.12%
IBTX	D	-2.79%
INFN	C	-2.53%
DFS	C	-2.52%
EDR	A	-2.41%
SQSP	A	-2.4%
K	B	-2.35%
SRCL	B	-2.35%
EVRI	A	-2.35%
PETQ	A	-2.34%
INST	B	-2.33%
ENV	C	-2.33%
JNPR	B	-2.32%
VGR	B	-2.32%
RCM	B	-2.32%
PRFT	A	-2.31%
HCP	B	-2.3%
ALE	A	-2.28%
TELL	B	-2.27%
AXNX	A	-2.23%
SPR	D	-2.23%
CTLT	A	-2.22%
ANSS	D	-2.2%
MRO	D	-2.17%
RVNC	F	-1.9%
MGRC	D	-1.88%
HES	D	-1.83%
CHX	D	-1.8%