GVIP vs. MRGR ETF Comparison
Comparison of Goldman Sachs Hedge Industry VIP ETF (GVIP) to ProShares Merger ETF (MRGR)
GVIP
Goldman Sachs Hedge Industry VIP ETF
GVIP Description
The Goldman Sachs Hedge Industry VIP ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs Hedge Fund VIP Index.
Grade (RS Rating)
Last Trade
$109.60
Average Daily Volume
5,057
Number of Holdings
*
46
* 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
$39.97
Average Daily Volume
976
Number of Holdings
*
31
* may have additional holdings in another (foreign) market
Performance
Period | GVIP | MRGR |
---|---|---|
30 Days | 1.41% | -1.02% |
60 Days | 3.69% | -1.05% |
90 Days | 5.88% | 0.12% |
12 Months | 43.22% | 6.44% |
GVIP Overweight 43 Positions Relative to MRGR
Symbol | Grade | Weight | |
---|---|---|---|
VRT | B | 2.94% | |
THC | A | 2.81% | |
NVDA | B | 2.41% | |
FCNCA | B | 2.38% | |
C | A | 2.37% | |
GOOGL | B | 2.37% | |
AER | A | 2.34% | |
ET | A | 2.32% | |
PGR | A | 2.31% | |
TDG | A | 2.3% | |
GE | C | 2.3% | |
BSX | A | 2.27% | |
BABA | B | 2.27% | |
AMZN | B | 2.24% | |
APG | D | 2.22% | |
TSM | B | 2.19% | |
LNG | D | 2.14% | |
BLDR | D | 2.1% | |
KKR | B | 2.1% | |
BRK.A | C | 2.08% | |
APO | C | 2.07% | |
LLY | C | 2.07% | |
TPX | C | 2.06% | |
DHR | B | 2.06% | |
SPGI | B | 2.05% | |
AVGO | C | 2.04% | |
ACI | C | 2.03% | |
MSFT | C | 2.02% | |
NFLX | C | 2.02% | |
V | C | 2.0% | |
MA | D | 1.97% | |
UNP | C | 1.97% | |
AAPL | B | 1.95% | |
CRM | D | 1.95% | |
META | D | 1.94% | |
NOW | D | 1.82% | |
UBER | D | 1.8% | |
MELI | B | 1.79% | |
WDAY | F | 1.72% | |
CZR | F | 1.71% | |
AMD | D | 1.7% | |
WSC | D | 1.56% | |
GEV | C | 0.54% |
GVIP Underweight 28 Positions Relative to MRGR
Symbol | Grade | Weight | |
---|---|---|---|
WRK | A | -3.16% | |
EVBG | D | -3.04% | |
ETRN | C | -2.88% | |
NS | D | -2.61% | |
SWAV | A | -2.54% | |
EDR | A | -2.53% | |
FUSN | A | -2.53% | |
CERE | C | -2.52% | |
MODN | B | -2.51% | |
ALPN | A | -2.51% | |
DOOR | A | -2.51% | |
AIRC | A | -2.51% | |
AMK | D | -2.48% | |
HIBB | A | -2.48% | |
AEL | A | -2.48% | |
HCP | B | -2.46% | |
DFS | C | -2.46% | |
ANSS | D | -2.44% | |
WIRE | C | -2.41% | |
SLCA | B | -2.41% | |
AXNX | D | -2.4% | |
INBX | D | -2.34% | |
JNPR | D | -2.31% | |
CTLT | D | -2.31% | |
HA | C | -2.17% | |
MGRC | D | -2.14% | |
CHX | D | -2.13% | |
X | D | -1.84% |
GVIP: Top Represented Industries & Keywords
Industries:
Semiconductors
Software - Application
Specialty Retail
Asset Management
Credit Services
Internet Content & Information
Oil & Gas E&P
Oil & Gas Midstream
Aerospace & Defense
Airports & Air Services
Apparel Manufacturing
Banks - Global
Banks - Regional - US
Building Materials
Capital Markets
Conglomerates
Consumer Electronics
Diagnostics & Research
Drug Manufacturers - Major
Engineering & Construction
MRGR: Top Represented Industries & Keywords
Industries:
Biotechnology
Software - Application
Medical Devices
Oil & Gas E&P
Oil & Gas Midstream
Airlines
Apparel Manufacturing
Asset Management
Building Materials
Communication Equipment
Credit Services
Drug Manufacturers - Specialty & Generic
Electronic Components
Entertainment
Industrial Metals & Minerals
Insurance - Life
Oil & Gas Equipment & Services
Packaging & Containers
REIT - Residential
Rental & Leasing Services
Keywords:
S&P 500
Chemical
Computing
Petroleum Industry
Aerospace
Biopharmaceutical
Biotechnology
Business Process Management
Crude Oil
Customer Support Services
Electronics
Fiberglass
Information Technology Management
Medicine
Metals
Natural Gas
Petroleum Products
Refined Petroleum Products
Software
Solid Tumors