EDOC vs. MRGR ETF Comparison
Comparison of Global X Telemedicine & Digital Health ETF (EDOC) to ProShares Merger ETF (MRGR)
EDOC
Global X Telemedicine & Digital Health ETF
EDOC Description
The Global X Telemedicine & Digital Health ETF (EDOC) seeks to invest in companies positioned to benefit from further advances in the field of telemedicine and digital health. This includes companies involved in Telemedicine, Health Care Analytics, Connected Health Care Devices, and Administrative Digitization.
Grade (RS Rating)
Last Trade
$9.72
Average Daily Volume
29,369
Number of Holdings
*
31
* 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
$42.09
Average Daily Volume
792
Number of Holdings
*
29
* may have additional holdings in another (foreign) market
Performance
Period | EDOC | MRGR |
---|---|---|
30 Days | 1.25% | 0.12% |
60 Days | 0.52% | 0.60% |
90 Days | 3.51% | 1.82% |
12 Months | 8.97% | 7.37% |
1 Overlapping Holdings
Symbol | Grade | Weight in EDOC | Weight in MRGR | Overlap | |
---|---|---|---|---|---|
RCM | A | 2.98% | 2.37% | 2.37% |
EDOC Overweight 30 Positions Relative to MRGR
Symbol | Grade | Weight | |
---|---|---|---|
DOCS | C | 4.97% | |
MASI | B | 4.46% | |
PODD | C | 4.39% | |
LH | B | 4.28% | |
DXCM | C | 4.07% | |
QGEN | D | 3.95% | |
DGX | A | 3.94% | |
ILMN | C | 3.93% | |
A | D | 3.87% | |
RMD | C | 3.85% | |
HIMS | B | 3.85% | |
VCYT | B | 3.72% | |
OSCR | D | 3.55% | |
IQV | F | 3.51% | |
IRTC | C | 3.4% | |
PRVA | C | 3.05% | |
TWST | F | 2.9% | |
OMCL | C | 2.78% | |
TNDM | D | 2.47% | |
TDOC | C | 2.0% | |
EVH | F | 1.86% | |
PHR | F | 1.5% | |
AMN | F | 1.19% | |
LFST | B | 1.06% | |
PACB | F | 0.64% | |
GDRX | F | 0.49% | |
DCGO | B | 0.46% | |
FLGT | F | 0.46% | |
LFMD | D | 0.4% | |
DH | F | 0.3% |
EDOC Underweight 28 Positions Relative to MRGR
Symbol | Grade | Weight | |
---|---|---|---|
HTLF | B | -3.58% | |
DFS | B | -3.14% | |
IBTX | B | -3.02% | |
SASR | B | -2.81% | |
EDR | A | -2.53% | |
INFN | D | -2.5% | |
LBPH | A | -2.43% | |
EVRI | A | -2.42% | |
NAPA | A | -2.42% | |
B | A | -2.41% | |
SMAR | B | -2.41% | |
ROIC | A | -2.41% | |
ALTR | B | -2.4% | |
ATSG | B | -2.4% | |
ZUO | B | -2.39% | |
K | A | -2.37% | |
ENV | B | -2.37% | |
CDMO | A | -2.36% | |
ANSS | B | -2.32% | |
ALE | A | -2.31% | |
HCP | B | -2.3% | |
MRO | B | -2.28% | |
LBRDK | C | -2.25% | |
CTLT | C | -2.2% | |
JNPR | D | -2.14% | |
SPR | D | -2.11% | |
CHX | C | -1.8% | |
RVNC | F | -1.42% |
EDOC: Top Represented Industries & Keywords
MRGR: Top Represented Industries & Keywords
Industries:
Banks - Regional - US
Biotechnology
Software - Infrastructure
Communication Equipment
Software - Application
Aerospace & Defense
Airports & Air Services
Beverages - Wineries & Distilleries
Capital Markets
Credit Services
Diversified Industrials
Drug Manufacturers - Specialty & Generic
Entertainment
Gambling
Health Information Services
Oil & Gas E&P
Oil & Gas Equipment & Services
Packaged Foods
Pay TV
REIT - Retail
Keywords:
S&P 500
Bank
Biopharmaceutical
Computing
Deposit Products
Banking
Investment Management
Aerospace
Biotechnology
Business Process Management
Business Software
Commercial Bank
Commercial Banking
Computer Networking
Credit Card
Debit Card
Demand Deposit
Electronics
Embedded Software
Information Technology Management