MRGR vs. CLOU ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to Global X Cloud Computing ETF (CLOU)
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
27
CLOU
Global X Cloud Computing ETF
CLOU Description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Cloud Computing Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of cloud computing technology. It is non-diversified.Grade (RS Rating)
Last Trade
$20.25
Average Daily Volume
263,504
34
Performance
| Period | MRGR | CLOU |
|---|---|---|
| 30 Days | -0.83% | -6.01% |
| 60 Days | -0.36% | -8.98% |
| 90 Days | 0.30% | -11.30% |
| 12 Months | 6.30% | 25.75% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MRGR | Weight in CLOU | Overlap | |
|---|---|---|---|---|---|
| EVBG | B | 3.23% | 2.23% | 2.23% |
MRGR Overweight 26 Positions Relative to CLOU
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRK | A | 3.31% | |
| 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% | |
| ALPN | A | 2.66% | |
| 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% | |
| INBX | 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 33 Positions Relative to CLOU
| Symbol | Grade | Weight | |
|---|---|---|---|
| WIX | D | -5.2% | |
| PCOR | D | -4.9% | |
| CRM | D | -4.63% | |
| DOCN | D | -4.62% | |
| NFLX | C | -4.54% | |
| SHOP | C | -4.21% | |
| WDAY | F | -4.17% | |
| TWLO | C | -4.07% | |
| PAYC | F | -4.02% | |
| QLYS | D | -3.92% | |
| ZS | D | -3.88% | |
| BOX | F | -3.78% | |
| DLR | C | -3.76% | |
| FIVN | F | -3.71% | |
| SPSC | B | -3.65% | |
| FRSH | F | -3.53% | |
| ZM | D | -3.5% | |
| AKAM | F | -3.38% | |
| WK | F | -3.19% | |
| DBX | F | -3.16% | |
| FSLY | F | -2.61% | |
| AMZN | B | -2.22% | |
| MSFT | D | -2.05% | |
| GOOGL | A | -1.65% | |
| PUBM | A | -1.56% | |
| HSTM | B | -1.23% | |
| YEXT | F | -1.08% | |
| VMEO | D | -0.87% | |
| VNET | D | -0.36% | |
| BABA | B | -0.33% | |
| IBM | D | -0.31% | |
| KC | D | -0.15% | |
| TWOU | F | -0.03% |
MRGR: Top Represented Industries & Keywords
CLOU: Top Represented Industries & Keywords
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