MARB vs. MNTL ETF Comparison
Comparison of First Trust Merger Arbitrage ETF (MARB) to Tema Neuroscience and Mental Health ETF (MNTL)
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
$19.56
Average Daily Volume
25,413
23
MNTL
Tema Neuroscience and Mental Health ETF
MNTL Description
Under normal circumstances, the Tema Neuroscience and Mental Health ETF seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in neuroscience and mental health companies. A company is generally considered to be a neuroscience or mental health company that derives at least 50% of revenues from neuroscience or neurology-related diseases, or mental health. The fund is non-diversified.Grade (RS Rating)
Last Trade
$25.09
Average Daily Volume
371
10
Performance
Period | MARB | MNTL |
---|---|---|
30 Days | -0.96% | -1.24% |
60 Days | -1.46% | -4.24% |
90 Days | -0.71% | -1.68% |
12 Months | 0.87% |
0 Overlapping Holdings
Symbol | Grade | Weight in MARB | Weight in MNTL | Overlap |
---|
MARB Overweight 23 Positions Relative to MNTL
Symbol | Grade | Weight | |
---|---|---|---|
PXD | B | 5.74% | |
ACI | D | 5.2% | |
AMED | D | 4.66% | |
AXNX | C | 4.02% | |
X | D | 3.54% | |
ANSS | D | 3.49% | |
HES | B | 3.44% | |
JNPR | D | 3.3% | |
DFS | C | 3.25% | |
CERE | B | 3.11% | |
CTLT | C | 3.03% | |
VZIO | D | 2.89% | |
LBAI | B | 2.43% | |
NS | D | 2.43% | |
NWLI | A | 2.1% | |
SP | C | 1.56% | |
CPRI | F | 1.46% | |
SNPS | D | -2.01% | |
SUN | D | -2.45% | |
PFS | B | -2.48% | |
CVX | B | -3.57% | |
COF | B | -3.77% | |
XOM | B | -6.03% |
MARB: Top Represented Industries & Keywords
MNTL: Top Represented Industries & Keywords