BERZ vs. MARB ETF Comparison
Comparison of MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (BERZ) to First Trust Merger Arbitrage ETF (MARB)
BERZ
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN
BERZ Description
BERZ provides daily -3x inverse exposure to an index of FANG and technology companies that meet certain requirements. The fund will consistently comprise eight core components (Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, NVIDIA, and Tesla) and include seven companies determined through a selection methodology. Eligible securities must be listed on a US exchange, classified in the technology sector, and have a market cap of at least 10 billion USD. Selection will begin with ranking the securities by market cap and selecting the 30 largest companies which will then be sorted by 12-month average daily value traded. The top seven stocks will complete the index along with the eight core components and are then equally weighted. The index is rebalanced monthly and reconstituted quarterly. As a leveraged inverse product with -3x factor that resets daily, BERZ is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.
Grade (RS Rating)
Last Trade
$29.55
Average Daily Volume
81,436
15
MARB
First Trust Merger Arbitrage ETF
MARB Description
The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts (ADRs), and derivatives, including total return swaps. The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.Grade (RS Rating)
Last Trade
$19.54
Average Daily Volume
20,765
24
Performance
| Period | BERZ | MARB |
|---|---|---|
| 30 Days | 14.36% | -1.66% |
| 60 Days | 2.60% | -1.61% |
| 90 Days | -9.63% | -1.61% |
| 12 Months | -79.79% | -0.98% |
0 Overlapping Holdings
| Symbol | Grade | Weight in BERZ | Weight in MARB | Overlap |
|---|
BERZ Underweight 24 Positions Relative to MARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | B | -5.47% | |
| ACI | F | -5.14% | |
| AMED | D | -4.59% | |
| AXNX | D | -4.03% | |
| X | D | -3.74% | |
| JNPR | D | -3.48% | |
| ANSS | C | -3.46% | |
| HES | A | -3.14% | |
| CERE | A | -3.04% | |
| CTLT | C | -3.01% | |
| DFS | A | -3.0% | |
| VZIO | C | -2.95% | |
| NS | C | -2.27% | |
| NWLI | A | -2.1% | |
| LBAI | B | -2.07% | |
| CPRI | F | -1.58% | |
| SP | B | -1.56% | |
| KAMN | A | -1.52% | |
| SNPS | C | --1.94% | |
| PFS | C | --2.12% | |
| SUN | C | --2.29% | |
| CVX | A | --3.33% | |
| COF | A | --3.49% | |
| XOM | B | --5.9% |
BERZ: Top Represented Industries & Keywords
MARB: Top Represented Industries & Keywords
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