THNR vs. MRGR ETF Comparison
Comparison of Amplify Weight Loss Drug & Treatment ETF (THNR) to ProShares Merger ETF (MRGR)
THNR
Amplify Weight Loss Drug & Treatment ETF
THNR Description
The fund's manager invests at least 80% of its net assets (plus borrowings for investment purposes) in securities that comprise the index. The index is comprised of global companies who are manufacturers in the GLP-1 agonist pharmaceutical business or who enable such business. GLP-1 agonists (glucagon-like peptide) seek to lower blood sugar levels and reduce appetite and promote fullness, with the ultimate potential for weight loss. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$23.36
Average Daily Volume
2,542
15
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
$42.22
Average Daily Volume
811
29
Performance
| Period | THNR | MRGR |
|---|---|---|
| 30 Days | -10.14% | 0.41% |
| 60 Days | -13.84% | 1.07% |
| 90 Days | -16.31% | 2.14% |
| 12 Months | 7.71% |
1 Overlapping Holdings
| Symbol | Grade | Weight in THNR | Weight in MRGR | Overlap | |
|---|---|---|---|---|---|
| CTLT | B | 2.14% | 2.2% | 2.14% |
THNR Underweight 28 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| HTLF | B | -3.58% | |
| DFS | B | -3.14% | |
| IBTX | B | -3.02% | |
| SASR | B | -2.81% | |
| EDR | A | -2.53% | |
| INFN | C | -2.5% | |
| LBPH | A | -2.43% | |
| EVRI | A | -2.42% | |
| NAPA | B | -2.42% | |
| B | B | -2.41% | |
| SMAR | A | -2.41% | |
| ROIC | A | -2.41% | |
| ALTR | B | -2.4% | |
| ATSG | B | -2.4% | |
| ZUO | B | -2.39% | |
| K | A | -2.37% | |
| RCM | F | -2.37% | |
| ENV | B | -2.37% | |
| CDMO | B | -2.36% | |
| ANSS | B | -2.32% | |
| ALE | A | -2.31% | |
| HCP | B | -2.3% | |
| MRO | B | -2.28% | |
| LBRDK | C | -2.25% | |
| JNPR | F | -2.14% | |
| SPR | D | -2.11% | |
| CHX | C | -1.8% | |
| RVNC | F | -1.42% |
THNR: Top Represented Industries & Keywords
MRGR: Top Represented Industries & Keywords
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