COAL vs. MRGR ETF Comparison

Comparison of Range Global Coal Index ETF (COAL) to ProShares Merger ETF (MRGR)

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

$23.18

Average Daily Volume

7,369

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

$40.08

Average Daily Volume

1,277

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	COAL	MRGR
30 Days	1.44%	-0.86%
60 Days	-1.69%	-0.26%
90 Days	-8.38%	0.40%
12 Months		6.30%

0 Overlapping Holdings

	Symbol	Grade	Weight in COAL	Weight in MRGR	Overlap

COAL Overweight 5 Positions Relative to MRGR

Symbol	Grade	Weight
AMR	D	10.77%
HCC	A	7.55%
ARCH	D	7.0%
BTU	F	4.56%
ARLP	A	4.35%

COAL Underweight 27 Positions Relative to MRGR

Symbol	Grade	Weight
WRK	A	-3.31%
EVBG	A	-3.23%
ETRN	B	-3.14%
PXD	A	-2.93%
NS	C	-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	A	-2.65%
ANSS	D	-2.64%
DOOR	A	-2.64%
CERE	A	-2.62%
AEL	A	-2.62%
WIRE	A	-2.56%
AXNX	B	-2.53%
HES	A	-2.52%
JNPR	C	-2.48%
INBX	C	-2.48%
CTLT	C	-2.44%
CHX	B	-2.36%
MGRC	D	-2.3%
HA	C	-2.24%
X	F	-1.93%
CPRI	F	-1.66%

COAL: Top Represented Industries & Keywords

Industries: Coal