GNOM vs. MRGR ETF Comparison
Comparison of Global X Genomics & Biotechnology ETF (GNOM) to ProShares Merger ETF (MRGR)
GNOM
Global X Genomics & Biotechnology ETF
GNOM Description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Genomics Index ("underlying index"). The fund invests at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to provide exposure to exchange-listed companies that are positioned to benefit from further advances in the field of genomic science and biotechnology, as well as applications thereof (collectively, "Genomics & Biotechnology Companies"), as defined by Solactive AG, the provider of the underlying index. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$10.42
Average Daily Volume
75,133
38
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
$40.06
Average Daily Volume
1,322
27
Performance
| Period | GNOM | MRGR |
|---|---|---|
| 30 Days | -4.58% | -0.83% |
| 60 Days | -13.67% | -0.30% |
| 90 Days | -3.43% | 0.36% |
| 12 Months | -17.91% | 6.44% |
0 Overlapping Holdings
| Symbol | Grade | Weight in GNOM | Weight in MRGR | Overlap |
|---|
GNOM Overweight 38 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| NTRA | A | 8.45% | |
| MRNA | B | 5.13% | |
| CRSP | F | 5.09% | |
| RARE | D | 4.95% | |
| A | C | 4.89% | |
| SRPT | B | 4.4% | |
| QGEN | C | 4.01% | |
| ILMN | F | 3.93% | |
| TECH | C | 3.79% | |
| BMRN | F | 3.72% | |
| RNA | A | 3.52% | |
| RCKT | D | 3.42% | |
| BNTX | D | 3.38% | |
| ARWR | F | 3.38% | |
| ALNY | D | 3.34% | |
| NTLA | F | 3.05% | |
| BEAM | F | 2.99% | |
| MYGN | D | 2.94% | |
| VCYT | D | 2.9% | |
| TXG | F | 2.69% | |
| LEGN | F | 2.57% | |
| VRTX | D | 2.03% | |
| SANA | C | 1.74% | |
| GILD | F | 1.54% | |
| VIR | C | 1.38% | |
| RGNX | F | 1.32% | |
| EDIT | F | 0.88% | |
| CDNA | C | 0.81% | |
| FLGT | F | 0.79% | |
| PACB | F | 0.69% | |
| ALLO | F | 0.63% | |
| CRBU | F | 0.59% | |
| LYEL | C | 0.55% | |
| VERV | F | 0.55% | |
| TSVT | D | 0.4% | |
| QURE | F | 0.4% | |
| PSTX | D | 0.27% | |
| BLUE | F | 0.2% |
GNOM Underweight 27 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRK | A | -3.31% | |
| EVBG | B | -3.23% | |
| ETRN | A | -3.14% | |
| PXD | B | -2.93% | |
| NS | D | -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 | B | -2.65% | |
| ANSS | D | -2.64% | |
| DOOR | A | -2.64% | |
| CERE | A | -2.62% | |
| AEL | A | -2.62% | |
| WIRE | A | -2.56% | |
| AXNX | C | -2.53% | |
| HES | B | -2.52% | |
| JNPR | D | -2.48% | |
| INBX | D | -2.48% | |
| CTLT | C | -2.44% | |
| CHX | D | -2.36% | |
| MGRC | D | -2.3% | |
| HA | D | -2.24% | |
| X | F | -1.93% | |
| CPRI | F | -1.66% |
GNOM: Top Represented Industries & Keywords
MRGR: Top Represented Industries & Keywords
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