GLRY vs. MRGR ETF Comparison
Comparison of Inspire Faithward Mid Cap Momentum ESG ETF (GLRY) to ProShares Merger ETF (MRGR)
GLRY
Inspire Faithward Mid Cap Momentum ESG ETF
GLRY Description
The investment seeks to maximize growth and outperform the results (before fees and expenses) of the broader U.S. midcap stock market. The fund, an actively managed exchange traded fund (ETF), invests at least 80% of its net assets plus any borrowings for investment purposes in midcap stocks. Midcap stocks are defined as stocks of companies with market capitalizations between $3 billion and $10 billion that meet the fund's environmental, social and governance (ESG) criteria.
Grade (RS Rating)
Last Trade
$29.96
Average Daily Volume
4,785
34
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
$39.98
Average Daily Volume
968
29
Performance
| Period | GLRY | MRGR |
|---|---|---|
| 30 Days | 3.25% | -0.75% |
| 60 Days | 4.46% | -1.09% |
| 90 Days | 11.17% | -0.29% |
| 12 Months | 26.97% | 6.50% |
1 Overlapping Holdings
| Symbol | Grade | Weight in GLRY | Weight in MRGR | Overlap | |
|---|---|---|---|---|---|
| WIRE | C | 3.5% | 2.43% | 2.43% |
GLRY Overweight 33 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| EME | B | 4.5% | |
| BWXT | D | 3.4% | |
| RGA | A | 3.35% | |
| EHC | A | 3.3% | |
| UTHR | B | 3.28% | |
| CW | B | 3.24% | |
| ATR | B | 3.13% | |
| VNT | D | 3.06% | |
| CASY | A | 3.06% | |
| KNSL | F | 3.05% | |
| FLS | A | 3.05% | |
| MUSA | B | 2.97% | |
| KBH | B | 2.94% | |
| BJ | B | 2.93% | |
| AN | B | 2.93% | |
| MSA | C | 2.93% | |
| FCN | B | 2.9% | |
| LAMR | A | 2.88% | |
| ORI | A | 2.82% | |
| SEIC | D | 2.82% | |
| CHRD | B | 2.76% | |
| OHI | C | 2.75% | |
| OGE | A | 2.71% | |
| BRC | B | 2.69% | |
| KD | B | 2.64% | |
| GPI | A | 2.59% | |
| DINO | D | 2.57% | |
| CHE | D | 2.55% | |
| TX | A | 2.51% | |
| ARCB | F | 2.49% | |
| PII | F | 2.34% | |
| ACLS | C | 2.21% | |
| QLYS | F | 2.18% |
GLRY Underweight 28 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRK | A | -3.44% | |
| EVBG | D | -3.07% | |
| ETRN | C | -2.96% | |
| HTLF | A | -2.68% | |
| SWAV | A | -2.57% | |
| FUSN | A | -2.55% | |
| EDR | A | -2.55% | |
| ALPN | A | -2.54% | |
| MODN | B | -2.54% | |
| AIRC | A | -2.54% | |
| DOOR | A | -2.53% | |
| HIBB | A | -2.52% | |
| ANSS | D | -2.5% | |
| CERE | C | -2.5% | |
| DCPH | A | -2.5% | |
| AMK | D | -2.49% | |
| HCP | B | -2.49% | |
| DFS | D | -2.48% | |
| SLCA | B | -2.45% | |
| AXNX | D | -2.43% | |
| HES | B | -2.38% | |
| INBX | D | -2.37% | |
| CTLT | D | -2.33% | |
| JNPR | D | -2.31% | |
| HA | C | -2.26% | |
| MGRC | F | -2.22% | |
| CHX | D | -2.2% | |
| X | F | -1.93% |
GLRY: Top Represented Industries & Keywords
MRGR: Top Represented Industries & Keywords
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