MARB vs. PBJ ETF Comparison
Comparison of First Trust Merger Arbitrage ETF (MARB) to PowerShares Dynamic Food & Beverage (PBJ)
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
$19.60
Average Daily Volume
25,401
23
PBJ
PowerShares Dynamic Food & Beverage
PBJ Description
The PowerShares Dynamic Food & Beverage Portfolio (Fund) is based on the Dynamic Food & Beverage IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US food and beverage companies. These are companies that are principally engaged in the manufacture, sale or distribution of sale or distribution of food and beverage products, agricultural products and products related to the development of new food technologies. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$47.76
Average Daily Volume
21,227
28
Performance
Period | MARB | PBJ |
---|---|---|
30 Days | -0.74% | -1.12% |
60 Days | -1.19% | 1.62% |
90 Days | -0.44% | 6.62% |
12 Months | 0.75% | 2.11% |
0 Overlapping Holdings
Symbol | Grade | Weight in MARB | Weight in PBJ | Overlap |
---|
MARB Overweight 23 Positions Relative to PBJ
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 | B | 3.25% | |
CERE | B | 3.11% | |
CTLT | D | 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 Underweight 28 Positions Relative to PBJ
Symbol | Grade | Weight | |
---|---|---|---|
KR | B | -5.41% | |
PEP | B | -4.9% | |
STZ | D | -4.88% | |
KHC | C | -4.86% | |
DASH | D | -4.66% | |
MDLZ | D | -4.54% | |
MNST | D | -4.54% | |
SYY | D | -4.42% | |
KLG | B | -4.1% | |
SFM | A | -3.49% | |
WING | A | -3.02% | |
TSN | B | -2.9% | |
DOLE | B | -2.86% | |
BG | B | -2.84% | |
FDP | D | -2.8% | |
AGRO | B | -2.78% | |
SHAK | B | -2.76% | |
ANDE | B | -2.7% | |
BRBR | D | -2.69% | |
USFD | C | -2.63% | |
COKE | B | -2.58% | |
NOMD | D | -2.56% | |
GO | F | -2.55% | |
CALM | D | -2.53% | |
SEB | F | -2.48% | |
TAP | F | -2.37% | |
PFGC | D | -2.35% | |
SAM | F | -2.06% |
MARB: Top Represented Industries & Keywords
PBJ: Top Represented Industries & Keywords