MRGR vs. FFTY ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to Innovator IBD 50 Fund ETF (FFTY)
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
$40.02
Average Daily Volume
1,039
31
FFTY
Innovator IBD 50 Fund ETF
FFTY Description
The investment seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in companies included in the IBD® 50 Index. It is actively managed. Under normal circumstances, the fund will invest in a portfolio of U.S.-listed, exchange-traded equities. FFTY picks 50 leading growth companies that trade on US exchanges, potentially including ADRs. After screening out securities with extreme recent price movements, the universe is ranked by a composite of 11 different fundamental and technical metrics. The top 50 stocks are weighted in tiers, with more weight given to higher-ranking companies. Components of the index are reviewed on a weekly basis. Based on market-wide technical signals, FFTY may substitute half of its equity portfolio with Treasury bills. The index will remain half equity, half T-bills until a reversal signal occurs. Its worth noting that the funds high-turnover strategy could lead to poor tracking and/or taxable capital gains payouts.Grade (RS Rating)
Last Trade
$27.02
Average Daily Volume
65,521
50
Performance
| Period | MRGR | FFTY |
|---|---|---|
| 30 Days | -1.10% | -0.34% |
| 60 Days | -0.92% | -0.77% |
| 90 Days | 0.24% | 1.12% |
| 12 Months | 6.27% | 17.26% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MRGR | Weight in FFTY | Overlap |
|---|
MRGR Overweight 31 Positions Relative to FFTY
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRK | A | 3.16% | |
| EVBG | B | 3.04% | |
| ETRN | B | 2.88% | |
| PXD | B | 2.69% | |
| NS | D | 2.61% | |
| SWAV | A | 2.54% | |
| EDR | A | 2.53% | |
| FUSN | A | 2.53% | |
| CERE | B | 2.52% | |
| MODN | B | 2.51% | |
| ALPN | A | 2.51% | |
| DOOR | A | 2.51% | |
| AIRC | A | 2.51% | |
| AMK | D | 2.48% | |
| HIBB | A | 2.48% | |
| AEL | A | 2.48% | |
| HCP | B | 2.46% | |
| DFS | C | 2.46% | |
| ANSS | D | 2.44% | |
| WIRE | B | 2.41% | |
| SLCA | B | 2.41% | |
| AXNX | C | 2.4% | |
| HES | B | 2.35% | |
| INBX | D | 2.34% | |
| JNPR | D | 2.31% | |
| CTLT | D | 2.31% | |
| HA | D | 2.17% | |
| MGRC | D | 2.14% | |
| CHX | D | 2.13% | |
| X | D | 1.84% | |
| CPRI | F | 1.57% |
MRGR Underweight 50 Positions Relative to FFTY
| Symbol | Grade | Weight | |
|---|---|---|---|
| WING | A | -3.76% | |
| EME | A | -3.74% | |
| RCL | A | -3.62% | |
| PRCT | B | -3.58% | |
| FIX | A | -3.56% | |
| TDW | B | -3.52% | |
| OSCR | A | -3.5% | |
| NSSC | B | -3.28% | |
| AAON | C | -3.19% | |
| GCT | B | -3.14% | |
| PWR | B | -3.11% | |
| MMYT | B | -3.07% | |
| ETN | A | -3.04% | |
| LPG | B | -3.01% | |
| DDOG | D | -3.0% | |
| PR | B | -2.95% | |
| CLSK | D | -2.94% | |
| FTAI | B | -2.91% | |
| HUBS | D | -2.82% | |
| ACMR | D | -2.76% | |
| TMDX | B | -2.15% | |
| AXON | B | -2.1% | |
| FCNCA | B | -2.09% | |
| NTRA | B | -2.06% | |
| OWL | B | -2.04% | |
| IBKR | B | -2.02% | |
| ARES | A | -1.99% | |
| NVT | A | -1.98% | |
| AXP | A | -1.98% | |
| HUBB | D | -1.89% | |
| GOOGL | B | -1.04% | |
| GOOG | B | -1.04% | |
| AVAV | A | -1.03% | |
| IR | D | -1.02% | |
| PHM | B | -1.01% | |
| PDD | B | -1.0% | |
| ITCI | C | -1.0% | |
| C | A | -1.0% | |
| NCLH | F | -0.99% | |
| TCOM | A | -0.97% | |
| TXRH | B | -0.52% | |
| NVEI | B | -0.51% | |
| KSPI | B | -0.51% | |
| LMND | C | -0.5% | |
| CTAS | B | -0.5% | |
| BSX | B | -0.5% | |
| POWL | B | -0.49% | |
| DB | B | -0.49% | |
| APO | C | -0.49% | |
| WHD | B | -0.48% |
MRGR: Top Represented Industries & Keywords
FFTY: Top Represented Industries & Keywords
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