IDNA vs. MRGR ETF Comparison
Comparison of iShares Genomics Immunology and Healthcare ETF (IDNA) to ProShares Merger ETF (MRGR)
IDNA
iShares Genomics Immunology and Healthcare ETF
IDNA Description
The investment seeks to track the investment results of the NYSE FactSet Global Genomics and Immuno Biopharma Index. The fund generally will invest at least 90% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index is composed of developed and emerging market companies that could benefit from the long-term growth and innovation in genomics, immunology and bioengineering. It is non-diversified.
Grade (RS Rating)
Last Trade
$23.95
Average Daily Volume
33,513
40
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
$39.86
Average Daily Volume
1,334
31
Performance
| Period | IDNA | MRGR |
|---|---|---|
| 30 Days | 3.25% | -0.70% |
| 60 Days | -1.77% | -0.76% |
| 90 Days | 3.56% | 0.40% |
| 12 Months | -2.12% | 6.19% |
0 Overlapping Holdings
| Symbol | Grade | Weight in IDNA | Weight in MRGR | Overlap |
|---|
IDNA Overweight 40 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| RVMD | B | 5.84% | |
| SRPT | B | 5.63% | |
| MRNA | B | 5.57% | |
| MRK | B | 4.38% | |
| REGN | C | 4.18% | |
| EXEL | F | 3.55% | |
| INCY | D | 3.54% | |
| BNTX | D | 3.32% | |
| IOVA | D | 3.32% | |
| BGNE | D | 3.08% | |
| GILD | F | 2.97% | |
| TWST | A | 2.8% | |
| SWTX | D | 2.69% | |
| ACLX | D | 2.28% | |
| GERN | B | 2.2% | |
| BEAM | F | 1.95% | |
| DVAX | D | 1.85% | |
| DNA | F | 1.55% | |
| DCPH | A | 1.5% | |
| LGND | D | 1.49% | |
| IBRX | B | 1.47% | |
| BPMC | B | 1.41% | |
| FDMT | D | 1.16% | |
| MGNX | D | 1.13% | |
| VIR | C | 1.12% | |
| BCRX | D | 1.09% | |
| ABCL | F | 0.98% | |
| CRSP | F | 0.94% | |
| RCUS | F | 0.93% | |
| ARCT | F | 0.82% | |
| NRIX | D | 0.69% | |
| NVAX | D | 0.67% | |
| EDIT | F | 0.57% | |
| OABI | F | 0.54% | |
| VALN | F | 0.48% | |
| NTLA | F | 0.46% | |
| CVAC | F | 0.35% | |
| CRBU | F | 0.34% | |
| XNCR | C | 0.31% | |
| QURE | F | 0.25% |
IDNA Underweight 31 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRK | A | -3.16% | |
| EVBG | B | -3.04% | |
| ETRN | B | -2.88% | |
| PXD | B | -2.69% | |
| NS | D | -2.61% | |
| SWAV | A | -2.54% | |
| EDR | A | -2.53% | |
| FUSN | A | -2.53% | |
| CERE | B | -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 | B | -2.46% | |
| ANSS | D | -2.44% | |
| WIRE | B | -2.41% | |
| SLCA | B | -2.41% | |
| AXNX | C | -2.4% | |
| HES | B | -2.35% | |
| INBX | D | -2.34% | |
| JNPR | D | -2.31% | |
| CTLT | D | -2.31% | |
| HA | D | -2.17% | |
| MGRC | D | -2.14% | |
| CHX | D | -2.13% | |
| X | D | -1.84% | |
| CPRI | F | -1.57% |
IDNA: Top Represented Industries & Keywords
MRGR: Top Represented Industries & Keywords
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