MRGR vs. PSL ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to PowerShares Dynamic Consumer Staples (PSL)
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
$42.29
Average Daily Volume
655
29
PSL
PowerShares Dynamic Consumer Staples
PSL Description
The PowerShares Dynamic Consumer Staples Sector Portfolio (Fund) is based on the Dynamic Consumer Staples Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US consumer staples companies. These are companies that are principally engaged in the businesses of providing consumer goods and services that have non-cyclical characteristics, including tobacco, textiles, food and beverage, and non-discretionary retail. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$101.70
Average Daily Volume
3,089
42
Performance
| Period | MRGR | PSL |
|---|---|---|
| 30 Days | 1.12% | -0.47% |
| 60 Days | 1.93% | 1.35% |
| 90 Days | 3.35% | 3.84% |
| 12 Months | 8.35% | 29.12% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MRGR | Weight in PSL | Overlap |
|---|
MRGR Overweight 29 Positions Relative to PSL
| Symbol | Grade | Weight | |
|---|---|---|---|
| HTLF | A | 3.12% | |
| IBTX | A | 2.79% | |
| DFS | B | 2.57% | |
| INFN | B | 2.54% | |
| EDR | A | 2.48% | |
| SASR | A | 2.44% | |
| SMAR | A | 2.41% | |
| LBPH | A | 2.4% | |
| B | A | 2.39% | |
| EVRI | A | 2.39% | |
| NAPA | A | 2.38% | |
| K | A | 2.36% | |
| ZUO | A | 2.36% | |
| PETQ | A | 2.35% | |
| ENV | A | 2.34% | |
| RCM | A | 2.34% | |
| INST | A | 2.33% | |
| JNPR | A | 2.33% | |
| SRCL | A | 2.32% | |
| HCP | A | 2.29% | |
| ALE | A | 2.29% | |
| AXNX | A | 2.27% | |
| CTLT | D | 2.21% | |
| ANSS | C | 2.2% | |
| SPR | D | 2.11% | |
| MRO | B | 2.06% | |
| HES | D | 1.87% | |
| RVNC | C | 1.87% | |
| CHX | F | 1.68% |
MRGR Underweight 42 Positions Relative to PSL
| Symbol | Grade | Weight | |
|---|---|---|---|
| SFM | A | -3.48% | |
| CHD | D | -3.45% | |
| MNST | C | -3.33% | |
| CASY | A | -3.29% | |
| MO | A | -3.28% | |
| COST | D | -3.28% | |
| PG | D | -3.08% | |
| SCI | A | -3.01% | |
| KR | B | -2.99% | |
| KDP | F | -2.99% | |
| FRPT | D | -2.91% | |
| PM | A | -2.85% | |
| USFD | A | -2.83% | |
| HRB | D | -2.82% | |
| CALM | B | -2.69% | |
| BRBR | A | -2.64% | |
| BJ | B | -2.61% | |
| PEP | D | -2.61% | |
| LRN | A | -2.54% | |
| COKE | D | -2.52% | |
| ATGE | A | -2.4% | |
| MDLZ | D | -2.18% | |
| PFGC | B | -2.16% | |
| VITL | C | -2.14% | |
| BFAM | C | -2.08% | |
| SPB | D | -2.05% | |
| SYY | D | -2.01% | |
| INGR | C | -1.98% | |
| HSY | F | -1.97% | |
| TAP | D | -1.93% | |
| POST | D | -1.92% | |
| UNFI | B | -1.9% | |
| STZ | F | -1.84% | |
| LAUR | B | -1.77% | |
| HAIN | A | -1.68% | |
| WDFC | B | -1.67% | |
| IPAR | F | -1.61% | |
| LOPE | D | -1.58% | |
| PRDO | B | -1.47% | |
| CHEF | D | -1.47% | |
| KLG | F | -1.4% | |
| STRA | F | -1.38% |
MRGR: Top Represented Industries & Keywords
PSL: Top Represented Industries & Keywords
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