MID vs. MRGR ETF Comparison
Comparison of American Century Mid Cap Growth Impact ETF (MID) to ProShares Merger ETF (MRGR)
MID
American Century Mid Cap Growth Impact ETF
MID Description
The investment seeks long-term capital growth. The fund will invest principally in exchange-traded common stocks. Under normal market conditions, the portfolio managers will invest at least 80% of the fund's assets in securities of medium capitalization companies that the portfolio managers believe will create impact by aligning with at least one of the SDGs. The fund may purchase securities of small and large capitalization companies as well. It may engage in active and frequent trading of portfolio securities to achieve its principal investment strategies. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$56.71
Average Daily Volume
2,784
34
MRGR
ProShares Merger ETF
MRGR Description
The investment seeks investment results, before fees and expenses, that track the performance of the S&P Merger Arbitrage Index (the "index"). The fund is designed to track the performance of the index and provide exposure to a global merger arbitrage strategy. The index, and by extension the fund, seeks to produce consistent, positive returns in virtually all market environments, although there are no assurances it will achieve this result. The fund is non-diversified. The index seeks to provide a risk arbitrage strategy that exploits commonly observed price changes associated with a global selection of publicly announced mergers, acquisitions and other corporate reorganizations. Historically, the index has exhibited market neutral characteristics, lower volatility compared to the S&P 500, and a low correlation to S&P 500 returns.Grade (RS Rating)
Last Trade
$39.86
Average Daily Volume
522
31
Performance
| Period | MID | MRGR |
|---|---|---|
| 30 Days | -1.16% | -0.54% |
| 60 Days | 2.52% | -1.19% |
| 90 Days | 1.74% | -0.81% |
| 12 Months | 19.89% | 5.88% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MID | Weight in MRGR | Overlap |
|---|
MID Overweight 34 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| MANH | C | 6.1% | |
| CDNS | B | 5.67% | |
| MPWR | A | 5.59% | |
| RSG | C | 4.79% | |
| VRT | D | 4.68% | |
| MSCI | D | 4.14% | |
| ESI | B | 4.01% | |
| DXCM | D | 3.98% | |
| AVNT | C | 3.83% | |
| IQV | D | 3.8% | |
| TT | B | 3.63% | |
| ABNB | D | 3.6% | |
| CMG | A | 3.58% | |
| BFAM | D | 3.43% | |
| DUOL | C | 2.94% | |
| CHD | A | 2.89% | |
| HUBB | D | 2.81% | |
| KEYS | D | 2.78% | |
| XYL | B | 2.63% | |
| TECH | B | 2.53% | |
| J | D | 2.45% | |
| GEHC | D | 2.11% | |
| INSP | D | 1.99% | |
| ENPH | C | 1.98% | |
| NTRA | B | 1.95% | |
| EE | C | 1.93% | |
| SWAV | A | 1.64% | |
| ONON | B | 1.57% | |
| PODD | B | 1.56% | |
| ARGX | C | 1.5% | |
| EFX | B | 0.99% | |
| CNM | C | 0.98% | |
| ALNY | C | 0.89% | |
| VKTX | D | 0.75% |
MID Underweight 31 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRK | C | -3.26% | |
| ETRN | B | -3.09% | |
| EVBG | C | -2.98% | |
| SBOW | B | -2.57% | |
| EDR | A | -2.52% | |
| HTLF | B | -2.52% | |
| HCP | A | -2.49% | |
| MODN | B | -2.48% | |
| AIRC | A | -2.48% | |
| PRFT | B | -2.47% | |
| SQSP | A | -2.46% | |
| HIBB | A | -2.46% | |
| AMK | C | -2.45% | |
| DCPH | A | -2.45% | |
| DFS | D | -2.45% | |
| SRCL | B | -2.44% | |
| ALE | B | -2.43% | |
| WIRE | B | -2.42% | |
| MRO | C | -2.4% | |
| ANSS | C | -2.4% | |
| SLCA | B | -2.35% | |
| AXNX | C | -2.35% | |
| CERE | C | -2.33% | |
| JNPR | B | -2.29% | |
| CTLT | D | -2.27% | |
| IBTX | D | -2.24% | |
| HA | C | -2.22% | |
| HES | D | -2.17% | |
| MGRC | D | -2.04% | |
| CHX | F | -2.0% | |
| X | F | -1.86% |
MID: Top Represented Industries & Keywords
MRGR: Top Represented Industries & Keywords
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