MARB vs. AHOY ETF Comparison
Comparison of First Trust Merger Arbitrage ETF (MARB) to Newday Ocean Health ETF (AHOY)
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
$19.77
Average Daily Volume
7,012
32
AHOY
Newday Ocean Health ETF
AHOY Description
Under normal market conditions, the fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in Ocean Health Companies. The fund categorizes an "Ocean Health Company" as a company that is concerned with and attentive to discharge of excess nutrients into bodies of water, end of lifecycle product waste, commitments to environmental protectionism, and/or CO2 emissions. The fund is non-diversified.Grade (RS Rating)
Last Trade
$25.44
Average Daily Volume
329
12
Performance
| Period | MARB | AHOY |
|---|---|---|
| 30 Days | -0.74% | 1.63% |
| 60 Days | -0.73% | 0.75% |
| 90 Days | -1.43% | 2.24% |
| 12 Months | -0.69% | 23.03% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MARB | Weight in AHOY | Overlap |
|---|
MARB Overweight 32 Positions Relative to AHOY
| Symbol | Grade | Weight | |
|---|---|---|---|
| HTLF | B | 7.67% | |
| HCP | B | 5.59% | |
| EDR | A | 4.99% | |
| ACI | C | 4.78% | |
| DFS | B | 4.54% | |
| AMED | F | 4.52% | |
| NAPA | B | 4.02% | |
| ANSS | B | 3.82% | |
| B | B | 3.79% | |
| EVRI | A | 3.48% | |
| JNPR | F | 3.38% | |
| K | A | 3.27% | |
| HES | B | 3.22% | |
| ESGR | B | 3.18% | |
| CTLT | B | 3.15% | |
| VZIO | A | 3.08% | |
| LBPH | A | 2.78% | |
| MGRC | B | 2.71% | |
| CHX | C | 2.7% | |
| FYBR | D | 2.57% | |
| ENV | B | 2.38% | |
| SRDX | B | 2.33% | |
| IBTX | B | 2.15% | |
| MRO | B | 2.07% | |
| WSC | D | -0.93% | |
| COP | C | -2.07% | |
| SSB | B | -2.14% | |
| SNPS | B | -2.16% | |
| CVX | A | -3.7% | |
| SLB | C | -4.08% | |
| COF | B | -4.96% | |
| UMBF | B | -7.96% |
MARB: Top Represented Industries & Keywords
AHOY: Top Represented Industries & Keywords
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