ROKT vs. MRGR ETF Comparison
Comparison of SPDR S&P Kensho Final Frontiers ETF (ROKT) to ProShares Merger ETF (MRGR)
ROKT
SPDR S&P Kensho Final Frontiers ETF
ROKT Description
The SPDR S&P Kensho Final Frontiers ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Final Frontiers Index (the "Index") Seeks to track an index utilizing artificial intelligence and a quantitative weighting methodology to capture companies whose products and services are driving innovation behind the exploration of the final frontiers, which includes the areas of outer space and the deep sea May provide an effective way to pursue long-term growth potential by investing in a portfolio of companies involved in the expansion of human understanding and presence in outer space and in the oceans
Grade (RS Rating)
Last Trade
$51.08
Average Daily Volume
1,755
30
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
$41.95
Average Daily Volume
714
28
Performance
| Period | ROKT | MRGR |
|---|---|---|
| 30 Days | 6.38% | 1.06% |
| 60 Days | 13.06% | 3.11% |
| 90 Days | 13.89% | 4.09% |
| 12 Months | 34.29% | 7.71% |
0 Overlapping Holdings
| Symbol | Grade | Weight in ROKT | Weight in MRGR | Overlap |
|---|
ROKT Overweight 30 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| RKLB | B | 7.22% | |
| LMT | A | 4.85% | |
| NOC | B | 4.73% | |
| MOG.A | C | 4.57% | |
| HEI | C | 4.47% | |
| RTX | A | 4.35% | |
| TDY | A | 4.23% | |
| IRDM | C | 4.21% | |
| OII | D | 4.2% | |
| LHX | A | 4.08% | |
| ESE | C | 3.86% | |
| HON | C | 3.83% | |
| HXL | F | 3.67% | |
| BA | F | 3.26% | |
| COHR | B | 3.19% | |
| BWXT | A | 2.91% | |
| LDOS | A | 2.66% | |
| SXI | B | 2.65% | |
| HII | F | 2.6% | |
| TDG | A | 2.57% | |
| GD | C | 2.48% | |
| FTI | B | 2.46% | |
| KBR | A | 2.44% | |
| BALL | C | 2.42% | |
| ADI | B | 2.37% | |
| APH | D | 2.32% | |
| TTMI | D | 2.26% | |
| VSAT | F | 2.03% | |
| DCO | B | 1.26% | |
| PL | D | 0.66% |
ROKT Underweight 28 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| HTLF | B | -3.04% | |
| IBTX | B | -2.68% | |
| INFN | C | -2.52% | |
| DFS | A | -2.5% | |
| EDR | A | -2.46% | |
| SQSP | A | -2.39% | |
| SMAR | A | -2.36% | |
| K | B | -2.35% | |
| EVRI | A | -2.35% | |
| ENV | C | -2.33% | |
| PETQ | A | -2.33% | |
| VGR | B | -2.32% | |
| JNPR | C | -2.32% | |
| SRCL | B | -2.32% | |
| RCM | B | -2.32% | |
| TELL | B | -2.32% | |
| INST | C | -2.32% | |
| PRFT | A | -2.31% | |
| HCP | A | -2.3% | |
| ALE | A | -2.29% | |
| CTLT | A | -2.24% | |
| AXNX | A | -2.24% | |
| ANSS | D | -2.22% | |
| SPR | D | -2.2% | |
| MRO | B | -2.06% | |
| RVNC | F | -1.89% | |
| HES | D | -1.8% | |
| CHX | C | -1.75% |
ROKT: Top Represented Industries & Keywords
MRGR: Top Represented Industries & Keywords
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