BBP vs. MRGR ETF Comparison

Comparison of BioShares Biotechnology Products Fund (BBP) to ProShares Merger ETF (MRGR)

BBP

BioShares Biotechnology Products Fund

BBP Description

The BioShares Biotechnology Products Fund (BBP) seeks investment results that correspond, before fees and expenses, to the price and yield performance of the LifeSci Biotechnology Products Index.

Grade (RS Rating)

Last Trade

$54.91

Average Daily Volume

2,578

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

$40.04

Average Daily Volume

1,238

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BBP	MRGR
30 Days	-0.40%	-0.83%
60 Days	-9.45%	-0.36%
90 Days	-4.86%	0.30%
12 Months	4.05%	6.30%

0 Overlapping Holdings

	Symbol	Grade	Weight in BBP	Weight in MRGR	Overlap

BBP Overweight 50 Positions Relative to MRGR

Symbol	Grade	Weight
TARS	B	3.55%
ADMA	A	3.36%
AGIO	A	2.87%
SRPT	B	2.84%
SWTX	D	2.69%
MRNA	A	2.61%
LXRX	D	2.5%
ASND	C	2.4%
NBIX	A	2.39%
ITCI	B	2.33%
BPMC	A	2.28%
LGND	C	2.19%
KNSA	B	2.18%
REGN	C	2.14%
EXEL	B	2.13%
HALO	C	2.06%
AXSM	D	2.06%
AMGN	B	2.06%
VRTX	C	2.06%
RARE	D	2.01%
UTHR	A	1.96%
PTCT	B	1.95%
APLS	F	1.94%
IMCR	D	1.91%
DCPH	A	1.89%
RYTM	C	1.87%
INSM	D	1.82%
HRMY	B	1.81%
CRSP	D	1.8%
IONS	D	1.77%
BMRN	F	1.77%
BNTX	C	1.76%
TBPH	B	1.75%
FOLD	D	1.72%
INCY	D	1.69%
GILD	F	1.68%
BGNE	D	1.67%
BIIB	D	1.66%
ALNY	D	1.62%
LEGN	D	1.53%
IRWD	F	1.49%
MIRM	D	1.49%
BBIO	D	1.43%
BCRX	F	1.36%
SAGE	F	1.35%
TVTX	F	1.32%
ACAD	F	1.23%
AUPH	F	1.14%
ZLAB	F	1.1%
BLUE	F	0.58%

BBP Underweight 27 Positions Relative to MRGR

Symbol	Grade	Weight
WRK	A	-3.31%
EVBG	B	-3.23%
ETRN	A	-3.14%
PXD	B	-2.93%
NS	D	-2.78%
DFS	B	-2.72%
EDR	A	-2.68%
FUSN	A	-2.68%
SWAV	A	-2.68%
AIRC	A	-2.67%
ALPN	A	-2.66%
MODN	B	-2.65%
ANSS	F	-2.64%
DOOR	A	-2.64%
CERE	A	-2.62%
AEL	A	-2.62%
WIRE	B	-2.56%
AXNX	C	-2.53%
HES	B	-2.52%
JNPR	D	-2.48%
INBX	D	-2.48%
CTLT	C	-2.44%
CHX	B	-2.36%
MGRC	D	-2.3%
HA	D	-2.24%
X	F	-1.93%
CPRI	F	-1.66%

BBP: Top Represented Industries & Keywords

Industries: Biotechnology Drug Manufacturers - Major Drug Manufacturers - Specialty & Generic