EIS vs. MRGR ETF Comparison
Comparison of iShares MSCI Israel Capped Investable Market Index Fund (EIS) to ProShares Merger ETF (MRGR)
EIS
iShares MSCI Israel Capped Investable Market Index Fund
EIS Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Israel Capped Investable Market Index (the "underlying index"). The fund will at all times invest at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The underlying index is a custom, free float-adjusted market capitalization index designed to measure broad-based equity market performance in Israel. The underlying index consists of stocks traded primarily on the Tel Aviv Stock Exchange. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$58.73
Average Daily Volume
43,727
23
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
$39.87
Average Daily Volume
1,937
26
Performance
| Period | EIS | MRGR |
|---|---|---|
| 30 Days | -7.58% | -1.17% |
| 60 Days | -3.82% | -0.61% |
| 90 Days | 2.05% | -0.70% |
| 12 Months | 14.31% | 5.33% |
0 Overlapping Holdings
| Symbol | Grade | Weight in EIS | Weight in MRGR | Overlap |
|---|
EIS Overweight 23 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| CHKP | C | 7.95% | |
| TEVA | D | 7.7% | |
| CYBR | C | 5.3% | |
| WIX | D | 3.56% | |
| MNDY | C | 2.83% | |
| GLBE | F | 1.77% | |
| INMD | F | 0.72% | |
| ZIM | B | 0.59% | |
| ODD | F | 0.55% | |
| ELBM | F | 0.43% | |
| KRNT | D | 0.42% | |
| FVRR | D | 0.35% | |
| RDWR | C | 0.34% | |
| NNDM | D | 0.3% | |
| CLBT | C | 0.28% | |
| SMMF | B | 0.27% | |
| RSKD | B | 0.25% | |
| ITRN | D | 0.21% | |
| NGMS | A | 0.21% | |
| TARO | A | 0.21% | |
| PGY | F | 0.17% | |
| SMWB | C | 0.11% | |
| WKME | F | 0.09% |
EIS Underweight 26 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRK | A | -3.29% | |
| EVBG | A | -3.2% | |
| ETRN | A | -2.87% | |
| PXD | A | -2.83% | |
| EDR | A | -2.65% | |
| FUSN | A | -2.64% | |
| SWAV | A | -2.64% | |
| MODN | B | -2.63% | |
| AIRC | A | -2.63% | |
| MDC | A | -2.61% | |
| ANSS | C | -2.61% | |
| CERE | C | -2.59% | |
| DOOR | A | -2.59% | |
| AEL | A | -2.56% | |
| DFS | A | -2.54% | |
| JNPR | D | -2.54% | |
| AXNX | C | -2.54% | |
| NS | C | -2.52% | |
| INBX | D | -2.49% | |
| CHX | B | -2.49% | |
| CTLT | D | -2.43% | |
| HA | D | -2.38% | |
| HES | A | -2.38% | |
| MGRC | D | -2.37% | |
| X | F | -2.14% | |
| CPRI | F | -1.83% |
EIS: Top Represented Industries & Keywords
MRGR: Top Represented Industries & Keywords
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