MARB vs. IAK ETF Comparison
Comparison of First Trust Merger Arbitrage ETF (MARB) to iShares U.S. Insurance ETF (IAK)
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
$19.49
Average Daily Volume
20,865
24
IAK
iShares U.S. Insurance ETF
IAK Description
The investment seeks to track the investment results of an index composed of U.S. equities in the insurance sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Insurance Index (the "underlying index"), which measures the performance of the insurance sector of the U.S. equity market. The underlying index may include large-, mid- or small-capitalization companies, and components primarily include financial and insurance companies. The fund is non-diversified.Grade (RS Rating)
Last Trade
$112.27
Average Daily Volume
85,333
55
Performance
| Period | MARB | IAK |
|---|---|---|
| 30 Days | -1.37% | -1.96% |
| 60 Days | -1.52% | 2.18% |
| 90 Days | -1.90% | 6.32% |
| 12 Months | -1.28% | 33.16% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MARB | Weight in IAK | Overlap | |
|---|---|---|---|---|---|
| NWLI | A | 2.1% | 0.15% | 0.15% |
MARB Overweight 23 Positions Relative to IAK
| Symbol | Grade | Weight | |
|---|---|---|---|
| PXD | A | 5.47% | |
| ACI | F | 5.14% | |
| AMED | D | 4.59% | |
| AXNX | C | 4.03% | |
| X | F | 3.74% | |
| JNPR | D | 3.48% | |
| ANSS | C | 3.46% | |
| HES | A | 3.14% | |
| CERE | C | 3.04% | |
| CTLT | D | 3.01% | |
| DFS | A | 3.0% | |
| VZIO | C | 2.95% | |
| NS | C | 2.27% | |
| LBAI | C | 2.07% | |
| CPRI | F | 1.58% | |
| SP | C | 1.56% | |
| KAMN | A | 1.52% | |
| SNPS | D | -1.94% | |
| PFS | C | -2.12% | |
| SUN | C | -2.29% | |
| CVX | A | -3.33% | |
| COF | A | -3.49% | |
| XOM | A | -5.9% |
MARB Underweight 54 Positions Relative to IAK
| Symbol | Grade | Weight | |
|---|---|---|---|
| PGR | A | -15.58% | |
| CB | D | -12.57% | |
| AIG | B | -6.46% | |
| TRV | D | -6.06% | |
| MET | B | -5.29% | |
| ALL | A | -4.95% | |
| AFL | B | -4.55% | |
| PRU | B | -4.52% | |
| ACGL | A | -4.5% | |
| HIG | A | -3.87% | |
| MKL | C | -2.5% | |
| CINF | A | -2.47% | |
| PFG | B | -2.32% | |
| WRB | D | -2.18% | |
| L | B | -1.81% | |
| FNF | B | -1.56% | |
| KNSL | C | -1.31% | |
| ERIE | C | -1.26% | |
| AIZ | C | -1.18% | |
| UNM | B | -1.14% | |
| AFG | B | -1.1% | |
| ORI | A | -1.03% | |
| PRI | C | -1.0% | |
| SIGI | C | -0.83% | |
| GL | D | -0.76% | |
| FAF | C | -0.76% | |
| RLI | A | -0.75% | |
| AXS | B | -0.65% | |
| WTM | B | -0.61% | |
| THG | B | -0.61% | |
| AGO | C | -0.57% | |
| AEL | A | -0.47% | |
| LNC | B | -0.47% | |
| KMPR | B | -0.47% | |
| BHF | A | -0.43% | |
| CNO | B | -0.38% | |
| OSCR | A | -0.31% | |
| PLMR | A | -0.26% | |
| GNW | D | -0.22% | |
| STC | B | -0.2% | |
| MCY | A | -0.2% | |
| HMN | A | -0.18% | |
| CNA | B | -0.17% | |
| LMND | B | -0.15% | |
| AMSF | B | -0.15% | |
| SKWD | B | -0.15% | |
| TRUP | D | -0.12% | |
| SAFT | B | -0.11% | |
| EIG | B | -0.1% | |
| PRA | B | -0.09% | |
| AMBC | C | -0.09% | |
| UFCS | B | -0.08% | |
| JRVR | D | -0.05% | |
| MBI | B | -0.05% |
MARB: Top Represented Industries & Keywords
IAK: Top Represented Industries & Keywords
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