IBRN vs. MRGR ETF Comparison
Comparison of iShares Neuroscience and Healthcare ETF (IBRN) to ProShares Merger ETF (MRGR)
IBRN
iShares Neuroscience and Healthcare ETF
IBRN Description
iShares Neuroscience and Healthcare ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in public equity markets of global region. It invests in stocks of companies operating across neurology biopharmaceuticals or neurological devices sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the NYSE FactSet Global Neuro Biopharma and MedTech Index, by using representative sampling technique. iShares Neuroscience and Healthcare ETF is domiciled in the United States.
Grade (RS Rating)
Last Trade
$26.83
Average Daily Volume
645
45
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
$42.15
Average Daily Volume
679
29
Performance
Period | IBRN | MRGR |
---|---|---|
30 Days | 7.49% | 0.52% |
60 Days | 3.76% | 1.59% |
90 Days | 6.85% | 3.01% |
12 Months | 32.83% | 8.21% |
IBRN Overweight 43 Positions Relative to MRGR
Symbol | Grade | Weight | |
---|---|---|---|
BHVN | B | 4.87% | |
PTCT | B | 4.57% | |
ITCI | A | 4.16% | |
CPRX | A | 3.97% | |
XENE | C | 3.86% | |
NBIX | C | 3.61% | |
SRPT | D | 3.53% | |
EWTX | B | 3.48% | |
ALKS | F | 3.46% | |
SRRK | B | 3.31% | |
ACAD | F | 3.28% | |
SUPN | B | 3.2% | |
DYN | F | 3.16% | |
BIIB | F | 3.13% | |
AVDL | C | 2.49% | |
IART | C | 2.17% | |
PRAX | B | 2.04% | |
SAVA | D | 1.95% | |
PRTA | F | 1.41% | |
ANNX | B | 1.09% | |
CAPR | B | 1.06% | |
AXGN | B | 1.03% | |
DNTH | A | 1.0% | |
AVXL | A | 0.97% | |
NGNE | B | 0.8% | |
RAPP | B | 0.78% | |
ZVRA | A | 0.76% | |
ALEC | D | 0.67% | |
TRDA | A | 0.66% | |
SGMO | A | 0.6% | |
LRMR | C | 0.55% | |
VYGR | C | 0.55% | |
CLPT | A | 0.53% | |
TSHA | F | 0.47% | |
VNDA | D | 0.46% | |
ABEO | B | 0.44% | |
CTNM | D | 0.42% | |
AMLX | B | 0.4% | |
NVRO | D | 0.34% | |
SLDB | F | 0.32% | |
PEPG | F | 0.3% | |
ABOS | C | 0.23% | |
ANRO | F | 0.15% |
IBRN Underweight 27 Positions Relative to MRGR
Symbol | Grade | Weight | |
---|---|---|---|
HTLF | A | -3.12% | |
IBTX | B | -2.79% | |
DFS | A | -2.57% | |
INFN | B | -2.54% | |
EDR | A | -2.48% | |
SASR | A | -2.44% | |
SMAR | A | -2.41% | |
B | A | -2.39% | |
EVRI | A | -2.39% | |
NAPA | A | -2.38% | |
K | A | -2.36% | |
ZUO | A | -2.36% | |
PETQ | A | -2.35% | |
ENV | A | -2.34% | |
RCM | A | -2.34% | |
INST | A | -2.33% | |
JNPR | A | -2.33% | |
SRCL | A | -2.32% | |
HCP | A | -2.29% | |
ALE | A | -2.29% | |
CTLT | D | -2.21% | |
ANSS | C | -2.2% | |
SPR | C | -2.11% | |
MRO | C | -2.06% | |
HES | B | -1.87% | |
RVNC | C | -1.87% | |
CHX | F | -1.68% |
IBRN: Top Represented Industries & Keywords
MRGR: Top Represented Industries & Keywords