MRGR vs. BTEC ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to Principal Healthcare Innovators Index ETF (BTEC)
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
BTEC
Principal Healthcare Innovators Index ETF
BTEC Description
The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq Healthcare Innovators Index (the "index"). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities in the Nasdaq US Benchmark Index (including growth and value stock) that are small and medium capitalization U.S. healthcare companies.Grade (RS Rating)
Last Trade
$37.26
Average Daily Volume
6,126
Number of Holdings
*
245
* may have additional holdings in another (foreign) market
Performance
| Period | MRGR | BTEC |
|---|---|---|
| 30 Days | -0.83% | -0.35% |
| 60 Days | -0.36% | -7.50% |
| 90 Days | 0.30% | 0.97% |
| 12 Months | 6.30% | 2.21% |
MRGR Overweight 23 Positions Relative to BTEC
| 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% | |
| FUSN | A | 2.68% | |
| SWAV | A | 2.68% | |
| AIRC | A | 2.67% | |
| MODN | B | 2.65% | |
| ANSS | F | 2.64% | |
| DOOR | A | 2.64% | |
| AEL | A | 2.62% | |
| WIRE | B | 2.56% | |
| AXNX | C | 2.53% | |
| HES | B | 2.52% | |
| JNPR | D | 2.48% | |
| CHX | B | 2.36% | |
| MGRC | D | 2.3% | |
| HA | D | 2.24% | |
| X | F | 1.93% | |
| CPRI | F | 1.66% |
MRGR Underweight 241 Positions Relative to BTEC
| Symbol | Grade | Weight | |
|---|---|---|---|
| MRNA | A | -3.39% | |
| ALNY | D | -3.27% | |
| ILMN | D | -3.0% | |
| SRPT | B | -2.73% | |
| NTRA | A | -2.52% | |
| EXAS | F | -2.43% | |
| VKTX | B | -1.72% | |
| ITCI | B | -1.61% | |
| INSP | B | -1.57% | |
| CYTK | D | -1.53% | |
| PCVX | C | -1.5% | |
| ELAN | C | -1.47% | |
| IONS | D | -1.41% | |
| RVMD | A | -1.35% | |
| APLS | F | -1.33% | |
| BPMC | A | -1.28% | |
| GKOS | A | -1.15% | |
| BBIO | D | -1.04% | |
| IMVT | D | -0.94% | |
| NUVL | C | -0.9% | |
| MDGL | D | -0.89% | |
| INSM | D | -0.86% | |
| RARE | D | -0.84% | |
| IRTC | B | -0.81% | |
| AXSM | D | -0.79% | |
| CRNX | A | -0.77% | |
| SWTX | D | -0.76% | |
| IOVA | C | -0.75% | |
| ENOV | F | -0.71% | |
| TMDX | A | -0.7% | |
| FOLD | D | -0.7% | |
| IDYA | C | -0.68% | |
| AZTA | D | -0.67% | |
| TXG | F | -0.66% | |
| PRCT | A | -0.63% | |
| ARWR | D | -0.63% | |
| ACLX | C | -0.63% | |
| JANX | A | -0.59% | |
| SMMT | B | -0.59% | |
| TNDM | A | -0.56% | |
| CLDX | C | -0.55% | |
| ICUI | F | -0.54% | |
| RYTM | C | -0.54% | |
| NARI | D | -0.52% | |
| VCEL | B | -0.52% | |
| VERA | B | -0.51% | |
| ARVN | D | -0.51% | |
| TGTX | B | -0.51% | |
| KYMR | C | -0.49% | |
| DNLI | F | -0.49% | |
| RCKT | D | -0.48% | |
| PTCT | B | -0.47% | |
| GERN | A | -0.47% | |
| NTLA | F | -0.46% | |
| RNA | A | -0.46% | |
| DYN | C | -0.46% | |
| RXST | A | -0.46% | |
| KROS | C | -0.46% | |
| SANA | B | -0.45% | |
| AGIO | A | -0.44% | |
| TWST | C | -0.43% | |
| BEAM | F | -0.42% | |
| SNDX | C | -0.42% | |
| ATEC | D | -0.41% | |
| MYGN | C | -0.39% | |
| RXRX | F | -0.39% | |
| VCYT | D | -0.36% | |
| ARDX | D | -0.36% | |
| ADMA | A | -0.36% | |
| EWTX | B | -0.36% | |
| PTGX | D | -0.35% | |
| KURA | C | -0.35% | |
| MORF | F | -0.34% | |
| RCUS | D | -0.33% | |
| AKRO | F | -0.32% | |
| NVCR | F | -0.32% | |
| TARS | B | -0.3% | |
| DAWN | A | -0.29% | |
| DCPH | A | -0.29% | |
| FDMT | C | -0.29% | |
| MIRM | D | -0.29% | |
| XNCR | B | -0.29% | |
| ATRC | F | -0.27% | |
| SRRK | C | -0.27% | |
| PRTA | F | -0.27% | |
| VIR | F | -0.26% | |
| SAVA | B | -0.25% | |
| ARQT | D | -0.25% | |
| MRVI | B | -0.25% | |
| ALXO | A | -0.24% | |
| LQDA | C | -0.24% | |
| MGNX | D | -0.23% | |
| BCRX | F | -0.22% | |
| CGEM | A | -0.22% | |
| RLAY | F | -0.21% | |
| CYRX | B | -0.21% | |
| EYPT | D | -0.21% | |
| SAGE | F | -0.21% | |
| TYRA | B | -0.21% | |
| AVNS | C | -0.21% | |
| ETNB | F | -0.2% | |
| ZNTL | F | -0.2% | |
| BLFS | B | -0.2% | |
| SPRY | B | -0.2% | |
| RGNX | D | -0.2% | |
| VRDN | F | -0.2% | |
| SILK | B | -0.19% | |
| ELVN | B | -0.19% | |
| PLRX | F | -0.19% | |
| KNSA | B | -0.19% | |
| AUPH | F | -0.19% | |
| FNA | F | -0.19% | |
| KIDS | B | -0.19% | |
| CTKB | F | -0.19% | |
| ARCT | F | -0.18% | |
| EOLS | C | -0.18% | |
| SVRA | C | -0.17% | |
| TMCI | F | -0.17% | |
| COGT | D | -0.17% | |
| SIGA | A | -0.17% | |
| LBPH | B | -0.17% | |
| YMAB | B | -0.17% | |
| OCUL | D | -0.16% | |
| LYEL | B | -0.16% | |
| HLVX | D | -0.16% | |
| AVTE | D | -0.16% | |
| SIBN | F | -0.16% | |
| IRON | F | -0.16% | |
| NRIX | D | -0.16% | |
| PHAT | D | -0.15% | |
| MLYS | C | -0.15% | |
| NVAX | F | -0.15% | |
| OLMA | D | -0.15% | |
| NUVB | B | -0.15% | |
| QTRX | D | -0.15% | |
| WVE | B | -0.15% | |
| CABA | F | -0.15% | |
| CDMO | B | -0.14% | |
| OFIX | D | -0.14% | |
| ANAB | B | -0.14% | |
| OABI | D | -0.14% | |
| ABUS | D | -0.14% | |
| HUMA | B | -0.14% | |
| KALV | B | -0.13% | |
| NKTX | D | -0.13% | |
| ALEC | D | -0.13% | |
| ALLO | F | -0.13% | |
| THRD | A | -0.13% | |
| TBPH | B | -0.13% | |
| ORIC | D | -0.13% | |
| PRME | F | -0.13% | |
| URGN | D | -0.13% | |
| VYGR | D | -0.12% | |
| ANIK | A | -0.12% | |
| LRMR | D | -0.12% | |
| EDIT | F | -0.12% | |
| NVRO | F | -0.12% | |
| TRDA | C | -0.12% | |
| ZIMV | C | -0.12% | |
| VERV | F | -0.12% | |
| LXRX | D | -0.11% | |
| BMEA | F | -0.11% | |
| AURA | D | -0.11% | |
| PLSE | D | -0.11% | |
| REPL | F | -0.11% | |
| PGEN | C | -0.11% | |
| CELC | C | -0.11% | |
| ALT | D | -0.11% | |
| ITOS | B | -0.11% | |
| PEPG | B | -0.11% | |
| CDNA | C | -0.11% | |
| ADPT | F | -0.11% | |
| SRDX | B | -0.11% | |
| TVTX | F | -0.11% | |
| HRTX | C | -0.11% | |
| CERS | D | -0.1% | |
| MRSN | D | -0.1% | |
| RVNC | F | -0.1% | |
| CRBU | F | -0.1% | |
| TNYA | D | -0.1% | |
| ANNX | D | -0.1% | |
| CRMD | B | -0.1% | |
| FATE | D | -0.1% | |
| HROW | F | -0.1% | |
| LUNG | D | -0.09% | |
| RAPT | F | -0.09% | |
| AXGN | F | -0.09% | |
| TERN | F | -0.09% | |
| ALDX | C | -0.09% | |
| MGTX | D | -0.09% | |
| CVRX | F | -0.09% | |
| ERAS | D | -0.09% | |
| PACB | F | -0.09% | |
| ARAY | F | -0.08% | |
| VTYX | F | -0.08% | |
| XERS | D | -0.08% | |
| INZY | D | -0.08% | |
| MACK | A | -0.08% | |
| FENC | D | -0.08% | |
| ENTA | D | -0.08% | |
| IGMS | D | -0.08% | |
| ANGO | B | -0.08% | |
| AVXL | F | -0.08% | |
| CDXS | B | -0.07% | |
| RIGL | D | -0.07% | |
| STRO | D | -0.07% | |
| ATNM | B | -0.07% | |
| AKYA | F | -0.07% | |
| XFOR | C | -0.07% | |
| QSI | F | -0.07% | |
| OMER | B | -0.07% | |
| CHRS | F | -0.07% | |
| TSVT | D | -0.07% | |
| MCRB | D | -0.06% | |
| KOD | D | -0.06% | |
| ACET | F | -0.06% | |
| INGN | D | -0.06% | |
| OM | C | -0.06% | |
| BLUE | F | -0.06% | |
| SCPH | F | -0.06% | |
| RCEL | F | -0.06% | |
| PSTX | D | -0.06% | |
| SGMO | F | -0.05% | |
| EBS | C | -0.05% | |
| KPTI | F | -0.05% | |
| PDSB | F | -0.05% | |
| BTAI | F | -0.05% | |
| BFLY | F | -0.05% | |
| ACRS | C | -0.05% | |
| OMGA | F | -0.05% | |
| PMVP | C | -0.05% | |
| ATRA | F | -0.05% | |
| CUTR | C | -0.05% | |
| MURA | F | -0.04% | |
| GNLX | F | -0.04% | |
| FGEN | F | -0.04% | |
| BCAB | B | -0.04% | |
| ALLK | F | -0.04% | |
| GRTS | F | -0.03% | |
| EYEN | F | -0.03% | |
| MRNS | F | -0.02% |
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
BTEC: Top Represented Industries & Keywords
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