EVX vs. MRGR ETF Comparison

Comparison of Market Vectors Environment Index ETF Fund (EVX) to ProShares Merger ETF (MRGR)

EVX

Market Vectors Environment Index ETF Fund

EVX Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Environmental Services Index (the "Environmental Services Index"). The fund normally invests at least 80% of its total assets in common stocks and American depositary receipts ("ADRs") of companies involved in the environmental services industry. It is non-diversified.

Grade (RS Rating)

Last Trade

$168.80

Average Daily Volume

2,424

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

$39.81

Average Daily Volume

518

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EVX	MRGR
30 Days	1.28%	-0.40%
60 Days	5.39%	-0.72%
90 Days	2.11%	-1.32%
12 Months	9.54%	5.05%

1 Overlapping Holdings

	Symbol	Grade	Weight in EVX	Weight in MRGR	Overlap
	SRCL	B	4.89%	2.44%	2.44%

EVX Overweight 19 Positions Relative to MRGR

Symbol	Grade	Weight
ECL	A	10.32%
RSG	B	9.9%
WCN	A	9.74%
WM	C	9.5%
CLH	A	5.28%
ABM	B	5.24%
VLTO	B	5.12%
TTEK	B	5.08%
CWST	B	4.53%
DCI	D	4.31%
STE	C	4.11%
TNC	D	3.75%
DAR	F	3.39%
MEG	B	2.5%
CECO	C	2.18%
ANET	A	2.02%
ERII	F	1.63%
RDUS	F	1.48%
PESI	F	0.06%

EVX Underweight 30 Positions Relative to MRGR

Symbol	Grade	Weight
WRK	B	-3.26%
ETRN	C	-3.09%
EVBG	D	-2.98%
SBOW	C	-2.57%
EDR	A	-2.52%
HTLF	B	-2.52%
HCP	B	-2.49%
MODN	B	-2.48%
AIRC	A	-2.48%
PRFT	B	-2.47%
SQSP	A	-2.46%
HIBB	A	-2.46%
AMK	C	-2.45%
DCPH	A	-2.45%
DFS	B	-2.45%
ALE	B	-2.43%
WIRE	B	-2.42%
MRO	B	-2.4%
ANSS	C	-2.4%
SLCA	B	-2.35%
AXNX	C	-2.35%
CERE	C	-2.33%
JNPR	B	-2.29%
CTLT	C	-2.27%
IBTX	B	-2.24%
HA	D	-2.22%
HES	D	-2.17%
MGRC	D	-2.04%
CHX	D	-2.0%
X	F	-1.86%