COAL vs. MARB ETF Comparison
Comparison of Range Global Coal Index ETF (COAL) to First Trust Merger Arbitrage ETF (MARB)
COAL
Range Global Coal Index ETF
COAL Description
The fund normally invests in securities comprising the index. The index is designed to track the performance of companies that are involved in the metallurgical (met) and thermal coal industry, which includes production, exploration, development, transportation, and distribution ("Coal Companies"). Under normal circumstances, the fund invests at least 80% of its net assets in securities of coal companies. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$24.47
Average Daily Volume
3,194
12
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
$19.77
Average Daily Volume
7,012
32
Performance
Period | COAL | MARB |
---|---|---|
30 Days | 9.13% | -0.74% |
60 Days | 14.03% | -0.73% |
90 Days | 10.70% | -1.43% |
12 Months | -0.69% |
0 Overlapping Holdings
Symbol | Grade | Weight in COAL | Weight in MARB | Overlap |
---|
COAL Underweight 32 Positions Relative to MARB
Symbol | Grade | Weight | |
---|---|---|---|
HTLF | B | -7.67% | |
HCP | B | -5.59% | |
EDR | A | -4.99% | |
ACI | C | -4.78% | |
DFS | B | -4.54% | |
AMED | F | -4.52% | |
NAPA | B | -4.02% | |
ANSS | B | -3.82% | |
B | B | -3.79% | |
EVRI | A | -3.48% | |
JNPR | F | -3.38% | |
K | A | -3.27% | |
HES | B | -3.22% | |
ESGR | B | -3.18% | |
CTLT | B | -3.15% | |
VZIO | A | -3.08% | |
LBPH | A | -2.78% | |
MGRC | B | -2.71% | |
CHX | C | -2.7% | |
FYBR | D | -2.57% | |
ENV | B | -2.38% | |
SRDX | B | -2.33% | |
IBTX | B | -2.15% | |
MRO | B | -2.07% | |
WSC | D | --0.93% | |
COP | C | --2.07% | |
SSB | B | --2.14% | |
SNPS | B | --2.16% | |
CVX | A | --3.7% | |
SLB | C | --4.08% | |
COF | B | --4.96% | |
UMBF | B | --7.96% |
COAL: Top Represented Industries & Keywords
MARB: Top Represented Industries & Keywords