MARB vs. XAR ETF Comparison
Comparison of First Trust Merger Arbitrage ETF (MARB) to SPDR S&P Aerospace & Defense ETF (XAR)
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
$19.72
Average Daily Volume
7,030
34
XAR
SPDR S&P Aerospace & Defense ETF
XAR Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the aerospace and defense segment of a U.S. total market composite index. In seeking to track the performance of the S&P Aerospace & Defense Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the aerospace and defense industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$170.17
Average Daily Volume
218,100
30
Performance
Period | MARB | XAR |
---|---|---|
30 Days | -1.03% | 5.70% |
60 Days | -1.01% | 9.87% |
90 Days | -1.64% | 10.84% |
12 Months | -0.91% | 36.00% |
0 Overlapping Holdings
Symbol | Grade | Weight in MARB | Weight in XAR | Overlap |
---|
MARB Overweight 34 Positions Relative to XAR
Symbol | Grade | Weight | |
---|---|---|---|
HTLF | B | 7.98% | |
HCP | B | 5.64% | |
EDR | A | 4.92% | |
ACI | C | 4.88% | |
DFS | B | 4.67% | |
AMED | F | 4.57% | |
AXNX | A | 4.2% | |
NAPA | A | 3.99% | |
ANSS | B | 3.85% | |
B | A | 3.78% | |
JNPR | D | 3.65% | |
EVRI | A | 3.48% | |
K | A | 3.28% | |
ESGR | B | 3.18% | |
CTLT | C | 3.17% | |
HES | B | 3.07% | |
VZIO | A | 3.05% | |
CHX | C | 2.78% | |
LBPH | A | 2.78% | |
MGRC | B | 2.75% | |
FYBR | C | 2.53% | |
ENV | B | 2.38% | |
SRDX | B | 2.29% | |
IBTX | B | 2.21% | |
RCM | A | 2.07% | |
MRO | B | 2.03% | |
WSC | F | -1.0% | |
COP | C | -2.02% | |
SNPS | B | -2.21% | |
SSB | B | -2.22% | |
CVX | A | -3.56% | |
SLB | C | -4.15% | |
COF | C | -5.12% | |
UMBF | B | -8.33% |
MARB Underweight 30 Positions Relative to XAR
Symbol | Grade | Weight | |
---|---|---|---|
AXON | A | -6.87% | |
RKLB | A | -5.41% | |
HWM | A | -5.12% | |
CW | C | -5.03% | |
LHX | C | -4.66% | |
HEI | A | -4.61% | |
WWD | C | -4.52% | |
BWXT | B | -4.37% | |
GE | D | -4.31% | |
RTX | D | -4.3% | |
TXT | D | -4.23% | |
NOC | D | -4.15% | |
GD | D | -4.14% | |
LMT | D | -4.08% | |
TDG | D | -4.01% | |
SPR | D | -3.92% | |
BA | F | -3.8% | |
AVAV | C | -3.68% | |
HXL | F | -3.65% | |
HII | F | -3.22% | |
MOG.A | B | -2.06% | |
KTOS | B | -1.47% | |
MRCY | C | -1.39% | |
TGI | B | -1.19% | |
AIR | B | -1.15% | |
ACHR | B | -1.04% | |
CDRE | F | -0.45% | |
DCO | C | -0.21% | |
NPK | B | -0.19% | |
ATRO | D | -0.18% |
MARB: Top Represented Industries & Keywords
XAR: Top Represented Industries & Keywords