MRGR vs. SIXS ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to 6 Meridian Small Cap Equity ETF (SIXS)
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
$40.08
Average Daily Volume
1,011
29
SIXS
6 Meridian Small Cap Equity ETF
SIXS Description
The investment seeks to provide capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in small-capitalization equity securities. The Sub-Adviser considers small-capitalization companies to be the smallest 75% of stocks included in the Russell 3000 Index by market capitalization. Although it invests primarily in small-capitalization securities, the fund may invest in equity securities of companies of any capitalization. The equity securities in which it invests are mainly common stocks.Grade (RS Rating)
Last Trade
$47.12
Average Daily Volume
2,928
80
Performance
| Period | MRGR | SIXS |
|---|---|---|
| 30 Days | -0.65% | 5.56% |
| 60 Days | -0.27% | 2.88% |
| 90 Days | -0.22% | 0.15% |
| 12 Months | 7.54% | 19.32% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MRGR | Weight in SIXS | Overlap | |
|---|---|---|---|---|---|
| SLCA | C | 2.45% | 1.49% | 1.49% |
MRGR Overweight 28 Positions Relative to SIXS
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRK | A | 3.44% | |
| EVBG | D | 3.07% | |
| ETRN | B | 2.96% | |
| HTLF | A | 2.68% | |
| SWAV | A | 2.57% | |
| FUSN | A | 2.55% | |
| EDR | A | 2.55% | |
| ALPN | A | 2.54% | |
| MODN | C | 2.54% | |
| AIRC | A | 2.54% | |
| DOOR | A | 2.53% | |
| HIBB | A | 2.52% | |
| ANSS | D | 2.5% | |
| CERE | B | 2.5% | |
| DCPH | A | 2.5% | |
| AMK | D | 2.49% | |
| HCP | C | 2.49% | |
| DFS | C | 2.48% | |
| WIRE | B | 2.43% | |
| AXNX | C | 2.43% | |
| HES | C | 2.38% | |
| INBX | D | 2.37% | |
| CTLT | D | 2.33% | |
| JNPR | D | 2.31% | |
| HA | C | 2.26% | |
| MGRC | D | 2.22% | |
| CHX | D | 2.2% | |
| X | D | 1.93% |
MRGR Underweight 79 Positions Relative to SIXS
| Symbol | Grade | Weight | |
|---|---|---|---|
| PRDO | C | -3.03% | |
| COLL | D | -2.28% | |
| INVA | C | -2.25% | |
| CALM | D | -2.24% | |
| EIG | D | -2.1% | |
| ATGE | B | -1.45% | |
| CLW | A | -1.38% | |
| VRRM | B | -1.36% | |
| AMBC | B | -1.33% | |
| AX | B | -1.29% | |
| ATEN | B | -1.27% | |
| SM | D | -1.27% | |
| OGN | B | -1.26% | |
| MLI | B | -1.26% | |
| LRN | B | -1.26% | |
| CORT | C | -1.25% | |
| NPK | C | -1.25% | |
| AVA | C | -1.24% | |
| JJSF | C | -1.24% | |
| HCC | C | -1.22% | |
| WRLD | D | -1.21% | |
| SMPL | C | -1.21% | |
| UVV | C | -1.21% | |
| CRVL | A | -1.21% | |
| NSIT | A | -1.2% | |
| PRG | C | -1.2% | |
| SCSC | A | -1.19% | |
| GRBK | C | -1.18% | |
| HCI | D | -1.18% | |
| SAFT | D | -1.17% | |
| LQDT | C | -1.16% | |
| PFBC | B | -1.16% | |
| BRC | B | -1.16% | |
| MMSI | B | -1.16% | |
| WABC | C | -1.15% | |
| HAFC | C | -1.15% | |
| GTY | C | -1.14% | |
| PMT | A | -1.14% | |
| CTRE | C | -1.14% | |
| SPNT | B | -1.13% | |
| MGEE | C | -1.13% | |
| JBSS | D | -1.13% | |
| DNOW | D | -1.13% | |
| HSTM | C | -1.12% | |
| HP | F | -1.12% | |
| PLAB | C | -1.12% | |
| NWN | C | -1.12% | |
| VRTS | C | -1.12% | |
| HRMY | F | -1.11% | |
| RGR | F | -1.11% | |
| NHC | B | -1.11% | |
| PCRX | D | -1.1% | |
| GDEN | F | -1.09% | |
| MHO | C | -1.09% | |
| PBH | D | -1.08% | |
| ANDE | F | -1.08% | |
| ENVA | D | -1.08% | |
| SPTN | D | -1.07% | |
| PRGS | F | -1.05% | |
| BKE | D | -1.05% | |
| MOV | C | -1.04% | |
| CRC | F | -1.03% | |
| TR | F | -1.03% | |
| ENSG | D | -1.02% | |
| WOR | D | -1.02% | |
| FIZZ | D | -1.01% | |
| CCRN | F | -1.01% | |
| CVI | F | -1.01% | |
| RES | F | -1.01% | |
| AMSF | F | -0.98% | |
| WDFC | D | -0.98% | |
| WNC | F | -0.93% | |
| CCOI | F | -0.92% | |
| PARR | F | -0.92% | |
| MCS | F | -0.9% | |
| ALKS | F | -0.89% | |
| ZEUS | F | -0.89% | |
| OSUR | F | -0.79% | |
| TWI | F | -0.78% |
MRGR: Top Represented Industries & Keywords
SIXS: Top Represented Industries & Keywords
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