KBWP vs. MARB ETF Comparison
Comparison of PowerShares KBW Property & Casualty Insurance Portfolio ETF (KBWP) to First Trust Merger Arbitrage ETF (MARB)
KBWP
PowerShares KBW Property & Casualty Insurance Portfolio ETF
KBWP Description
The PowerShares KBW Property & Casualty Insurance Portfolio (Fund) is based on the KBW Property & Casualty Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index. The Index is a modified market capitalization weighted index that seeks to reflect the performance of approximately 24 property and casualty insurance companies. The Fund and the Index are rebalanced and reconstituted quarterly.
Grade (RS Rating)
Last Trade
$123.13
Average Daily Volume
70,618
24
MARB
First Trust Merger Arbitrage ETF
MARB Description
The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts (ADRs), and derivatives, including total return swaps. The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.Grade (RS Rating)
Last Trade
$19.72
Average Daily Volume
7,002
34
Performance
| Period | KBWP | MARB |
|---|---|---|
| 30 Days | 2.11% | -1.08% |
| 60 Days | 5.29% | -1.16% |
| 90 Days | 9.40% | -1.81% |
| 12 Months | 36.46% | -0.97% |
0 Overlapping Holdings
| Symbol | Grade | Weight in KBWP | Weight in MARB | Overlap |
|---|
KBWP Overweight 24 Positions Relative to MARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| TRV | B | 8.62% | |
| ALL | A | 7.94% | |
| PGR | B | 7.83% | |
| CB | D | 7.74% | |
| AIG | D | 7.54% | |
| RLI | A | 4.35% | |
| THG | A | 4.23% | |
| AIZ | A | 4.21% | |
| CINF | A | 4.18% | |
| SIGI | C | 4.17% | |
| AXS | A | 4.08% | |
| AFG | A | 4.07% | |
| KMPR | A | 3.94% | |
| RNR | C | 3.86% | |
| HIG | A | 3.84% | |
| WRB | A | 3.83% | |
| EG | C | 3.58% | |
| MCY | B | 3.52% | |
| ACGL | D | 3.39% | |
| SPNT | A | 2.17% | |
| HMN | B | 1.44% | |
| PRA | B | 0.74% | |
| UVE | A | 0.55% | |
| JRVR | F | 0.15% |
KBWP Underweight 34 Positions Relative to MARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| HTLF | B | -7.98% | |
| HCP | B | -5.64% | |
| EDR | A | -4.92% | |
| ACI | C | -4.88% | |
| DFS | B | -4.67% | |
| AMED | F | -4.57% | |
| AXNX | A | -4.2% | |
| NAPA | A | -3.99% | |
| ANSS | B | -3.85% | |
| B | A | -3.78% | |
| JNPR | D | -3.65% | |
| EVRI | A | -3.48% | |
| K | A | -3.28% | |
| ESGR | B | -3.18% | |
| CTLT | D | -3.17% | |
| HES | B | -3.07% | |
| VZIO | A | -3.05% | |
| CHX | C | -2.78% | |
| LBPH | A | -2.78% | |
| MGRC | B | -2.75% | |
| FYBR | C | -2.53% | |
| ENV | B | -2.38% | |
| SRDX | B | -2.29% | |
| IBTX | B | -2.21% | |
| RCM | A | -2.07% | |
| MRO | A | -2.03% | |
| WSC | F | --1.0% | |
| COP | B | --2.02% | |
| SNPS | C | --2.21% | |
| SSB | B | --2.22% | |
| CVX | A | --3.56% | |
| SLB | C | --4.15% | |
| COF | B | --5.12% | |
| UMBF | B | --8.33% |
KBWP: Top Represented Industries & Keywords
MARB: Top Represented Industries & Keywords
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