MRGR vs. BIB ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to ProShares Ultra Nasdaq Biotechnology (BIB)
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
$40.04
Average Daily Volume
1,238
Number of Holdings
*
27
* may have additional holdings in another (foreign) market
BIB
ProShares Ultra Nasdaq Biotechnology
BIB Description
The investment seeks daily investment results that correspond to two times (2x) the daily performance of the Nasdaq Biotechnology Index®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a modified capitalization weighted index that includes securities of NASDAQ listed companies that are classified as either biotechnology or pharmaceutical according to the Industry Classification Benchmark ("ICB") which also meet other eligibility criteria determined by NASDAQ. The fund is non-diversified.Grade (RS Rating)
Last Trade
$53.74
Average Daily Volume
35,958
Number of Holdings
*
204
* may have additional holdings in another (foreign) market
Performance
| Period | MRGR | BIB |
|---|---|---|
| 30 Days | -0.83% | -1.14% |
| 60 Days | -0.36% | -10.53% |
| 90 Days | 0.30% | -5.75% |
| 12 Months | 6.30% | -3.45% |
MRGR Overweight 24 Positions Relative to BIB
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRK | A | 3.31% | |
| EVBG | B | 3.23% | |
| ETRN | A | 3.14% | |
| PXD | B | 2.93% | |
| NS | D | 2.78% | |
| DFS | B | 2.72% | |
| EDR | A | 2.68% | |
| SWAV | A | 2.68% | |
| AIRC | A | 2.67% | |
| MODN | B | 2.65% | |
| ANSS | F | 2.64% | |
| DOOR | A | 2.64% | |
| CERE | A | 2.62% | |
| AEL | A | 2.62% | |
| WIRE | B | 2.56% | |
| AXNX | C | 2.53% | |
| HES | B | 2.52% | |
| JNPR | D | 2.48% | |
| CTLT | C | 2.44% | |
| CHX | B | 2.36% | |
| MGRC | D | 2.3% | |
| HA | D | 2.24% | |
| X | F | 1.93% | |
| CPRI | F | 1.66% |
MRGR Underweight 201 Positions Relative to BIB
| Symbol | Grade | Weight | |
|---|---|---|---|
| AMGN | B | -6.29% | |
| VRTX | C | -6.01% | |
| REGN | C | -5.92% | |
| GILD | F | -5.87% | |
| MRNA | A | -3.35% | |
| AZN | A | -3.34% | |
| BIIB | D | -2.36% | |
| ILMN | D | -1.57% | |
| ALNY | D | -1.46% | |
| BMRN | F | -1.38% | |
| NBIX | A | -1.11% | |
| VTRS | C | -1.1% | |
| SNY | B | -1.03% | |
| RPRX | C | -1.01% | |
| MEDP | D | -0.99% | |
| INCY | D | -0.94% | |
| SRPT | B | -0.94% | |
| ARGX | C | -0.94% | |
| UTHR | A | -0.9% | |
| BNTX | C | -0.69% | |
| ASND | C | -0.66% | |
| EXEL | B | -0.58% | |
| ITCI | B | -0.57% | |
| CYTK | D | -0.55% | |
| JAZZ | F | -0.54% | |
| PCVX | C | -0.53% | |
| IONS | D | -0.5% | |
| BGNE | D | -0.48% | |
| APLS | F | -0.48% | |
| RVMD | A | -0.47% | |
| BPMC | A | -0.45% | |
| HALO | C | -0.4% | |
| CRSP | D | -0.36% | |
| KRYS | C | -0.36% | |
| BBIO | D | -0.35% | |
| IMVT | D | -0.34% | |
| MDGL | D | -0.33% | |
| ALKS | F | -0.33% | |
| NUVL | C | -0.32% | |
| INSM | D | -0.31% | |
| LEGN | D | -0.29% | |
| RARE | D | -0.29% | |
| FTRE | C | -0.27% | |
| AXSM | D | -0.27% | |
| SWTX | D | -0.26% | |
| IOVA | C | -0.26% | |
| FOLD | D | -0.25% | |
| IDYA | C | -0.24% | |
| XENE | C | -0.24% | |
| CRNX | A | -0.24% | |
| ARWR | D | -0.23% | |
| ACAD | F | -0.22% | |
| ACLX | C | -0.22% | |
| MRUS | B | -0.2% | |
| JANX | A | -0.2% | |
| SMMT | B | -0.2% | |
| RYTM | C | -0.19% | |
| GH | D | -0.18% | |
| ARVN | D | -0.18% | |
| VCEL | B | -0.18% | |
| VERA | B | -0.17% | |
| RCKT | D | -0.17% | |
| KYMR | C | -0.17% | |
| DNLI | F | -0.17% | |
| PTCT | B | -0.16% | |
| GERN | A | -0.16% | |
| AMPH | D | -0.16% | |
| RNA | A | -0.16% | |
| IMCR | D | -0.16% | |
| KROS | C | -0.16% | |
| DYN | C | -0.16% | |
| NTLA | F | -0.16% | |
| RXRX | F | -0.15% | |
| BEAM | F | -0.15% | |
| SANA | B | -0.15% | |
| SNDX | C | -0.14% | |
| TWST | C | -0.14% | |
| AGIO | A | -0.14% | |
| SUPN | C | -0.13% | |
| HRMY | B | -0.13% | |
| MYGN | C | -0.13% | |
| ADMA | A | -0.12% | |
| DVAX | D | -0.12% | |
| VCYT | D | -0.12% | |
| ARDX | D | -0.12% | |
| PTGX | D | -0.12% | |
| EWTX | B | -0.12% | |
| NVCR | F | -0.11% | |
| DAWN | A | -0.11% | |
| ANIP | B | -0.11% | |
| MORF | F | -0.11% | |
| KURA | C | -0.11% | |
| DCPH | A | -0.1% | |
| GMAB | F | -0.1% | |
| PCRX | D | -0.1% | |
| FDMT | C | -0.1% | |
| LGND | C | -0.1% | |
| IRWD | F | -0.1% | |
| VIR | F | -0.09% | |
| PRTA | F | -0.09% | |
| MIRM | D | -0.09% | |
| TARS | B | -0.09% | |
| MNKD | C | -0.09% | |
| COLL | B | -0.09% | |
| AKRO | F | -0.09% | |
| ABCL | F | -0.09% | |
| XNCR | B | -0.09% | |
| INVA | A | -0.08% | |
| MGNX | D | -0.08% | |
| MRVI | B | -0.08% | |
| SRRK | C | -0.08% | |
| VRNA | D | -0.08% | |
| CGEM | A | -0.07% | |
| BCYC | B | -0.07% | |
| ALXO | A | -0.07% | |
| RLAY | F | -0.07% | |
| ZNTL | F | -0.07% | |
| SAGE | F | -0.07% | |
| ARQT | D | -0.07% | |
| BCRX | F | -0.07% | |
| RGNX | D | -0.06% | |
| KNSA | B | -0.06% | |
| PLRX | F | -0.06% | |
| ELVN | B | -0.06% | |
| ARCT | F | -0.06% | |
| AUPH | F | -0.06% | |
| ZLAB | F | -0.06% | |
| GRFS | F | -0.06% | |
| SPRY | B | -0.06% | |
| ETNB | F | -0.06% | |
| EYPT | D | -0.06% | |
| OLMA | D | -0.05% | |
| CVAC | F | -0.05% | |
| GLPG | F | -0.05% | |
| HCM | A | -0.05% | |
| SVRA | C | -0.05% | |
| NVAX | F | -0.05% | |
| LYEL | B | -0.05% | |
| AUTL | F | -0.05% | |
| WVE | B | -0.05% | |
| SIGA | A | -0.05% | |
| EOLS | C | -0.05% | |
| IRON | F | -0.05% | |
| YMAB | B | -0.05% | |
| NRIX | D | -0.05% | |
| COGT | D | -0.05% | |
| EDIT | F | -0.04% | |
| URGN | D | -0.04% | |
| TSHA | D | -0.04% | |
| FULC | D | -0.04% | |
| TBPH | B | -0.04% | |
| THRD | A | -0.04% | |
| ABUS | D | -0.04% | |
| MLYS | C | -0.04% | |
| PETQ | D | -0.04% | |
| ALEC | D | -0.04% | |
| ALLO | F | -0.04% | |
| OCUL | D | -0.04% | |
| ANAB | B | -0.04% | |
| PHAT | D | -0.04% | |
| OABI | D | -0.04% | |
| CNTA | C | -0.04% | |
| ORIC | D | -0.04% | |
| CSTL | B | -0.04% | |
| PRME | F | -0.04% | |
| VERV | F | -0.04% | |
| CABA | F | -0.04% | |
| ATAI | B | -0.03% | |
| RVNC | F | -0.03% | |
| AMRN | D | -0.03% | |
| CRBU | F | -0.03% | |
| PGEN | C | -0.03% | |
| HROW | F | -0.03% | |
| PACB | F | -0.03% | |
| ADPT | F | -0.03% | |
| ITOS | B | -0.03% | |
| BMEA | F | -0.03% | |
| REPL | F | -0.03% | |
| LXRX | D | -0.03% | |
| HUMA | B | -0.03% | |
| VYGR | D | -0.03% | |
| TVTX | F | -0.03% | |
| KALV | B | -0.03% | |
| QURE | F | -0.02% | |
| OVID | F | -0.02% | |
| CHRS | F | -0.02% | |
| ACIU | F | -0.02% | |
| XERS | D | -0.02% | |
| VTYX | F | -0.02% | |
| PAHC | A | -0.02% | |
| VNDA | B | -0.02% | |
| RAPT | F | -0.02% | |
| AVXL | F | -0.02% | |
| ERAS | D | -0.02% | |
| TERN | F | -0.02% | |
| MGTX | D | -0.02% | |
| MRNS | F | -0.01% | |
| ACRS | C | -0.01% | |
| ME | D | -0.01% | |
| BLUE | F | -0.01% | |
| RPHM | C | -0.0% |
MRGR: Top Represented Industries & Keywords
Industries:
Biotechnology
Software - Application
Medical Devices
Oil & Gas E&P
Oil & Gas Midstream
Airlines
Apparel Manufacturing
Building Materials
Communication Equipment
Credit Services
Drug Manufacturers - Specialty & Generic
Electronic Components
Entertainment
Insurance - Life
Oil & Gas Equipment & Services
Packaging & Containers
REIT - Residential
Rental & Leasing Services
Steel
BIB: Top Represented Industries & Keywords
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