MARB vs. KLXY ETF Comparison
Comparison of First Trust Merger Arbitrage ETF (MARB) to KraneShares Global Luxury Index ETF (KLXY)
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
$19.68
Average Daily Volume
6,661
28
KLXY
KraneShares Global Luxury Index ETF
KLXY Description
Under normal circumstances, the fund will invest at least 80% of its net assets in instruments in its underlying index or in instruments that have economic characteristics similar to those in the underlying index. The underlying index is a modified, free float adjusted market capitalization weighted index designed to measure the equity performance of companies in developed markets from global luxury-related sectors. The fund is non-diversified.Grade (RS Rating)
Last Trade
$22.96
Average Daily Volume
974
10
Performance
| Period | MARB | KLXY |
|---|---|---|
| 30 Days | -0.84% | -5.33% |
| 60 Days | -1.08% | -1.69% |
| 90 Days | -1.18% | 0.17% |
| 12 Months | -1.25% | -3.43% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MARB | Weight in KLXY | Overlap | |
|---|---|---|---|---|---|
| CPRI | F | 1.71% | 0.97% | 0.97% |
MARB Overweight 27 Positions Relative to KLXY
| Symbol | Grade | Weight | |
|---|---|---|---|
| HTLF | A | 6.5% | |
| HCP | B | 5.53% | |
| AMED | D | 4.85% | |
| EDR | B | 4.84% | |
| ACI | F | 4.65% | |
| AXNX | A | 4.15% | |
| JNPR | A | 3.68% | |
| DFS | A | 3.6% | |
| ANSS | B | 3.44% | |
| CTLT | D | 3.16% | |
| VZIO | C | 3.04% | |
| HES | B | 2.9% | |
| SRCL | A | 2.61% | |
| CHX | F | 2.45% | |
| MGRC | A | 2.31% | |
| SRDX | D | 2.25% | |
| IBTX | C | 1.92% | |
| MRO | B | 1.81% | |
| EQT | B | -0.07% | |
| WSC | F | -0.96% | |
| COP | C | -1.83% | |
| SNPS | B | -1.89% | |
| SSB | C | -1.92% | |
| CVX | A | -3.31% | |
| SLB | F | -3.7% | |
| COF | A | -4.03% | |
| UMBF | A | -6.72% |
MARB: Top Represented Industries & Keywords
KLXY: Top Represented Industries & Keywords
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