MRGR vs. HAPS ETF Comparison

Comparison of ProShares Merger ETF (MRGR) to Harbor Corporate Culture Small Cap ETF (HAPS)
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

$42.15

Average Daily Volume

679

Number of Holdings *

29

* may have additional holdings in another (foreign) market
HAPS

Harbor Corporate Culture Small Cap ETF

HAPS Description The fund invests at least 80% of its total assets in securities that are included in the index. The index consists of a modified market capitalization-weighted portfolio of equity securities of approximately 200 small cap U.S. companies identified by Irrational Capital LLC those it believes to possess strong corporate culture based on its proprietary scoring methodology.

Grade (RS Rating)

Last Trade

$29.05

Average Daily Volume

139

Number of Holdings *

179

* may have additional holdings in another (foreign) market
Performance
Period MRGR HAPS
30 Days 0.52% 0.43%
60 Days 1.59% 0.41%
90 Days 3.01% 5.48%
12 Months 8.21% 25.58%
2 Overlapping Holdings
Symbol Grade Weight in MRGR Weight in HAPS Overlap
ENV A 2.34% 0.28% 0.28%
INFN B 2.54% 0.21% 0.21%
MRGR Overweight 27 Positions Relative to HAPS
Symbol Grade Weight
HTLF A 3.12%
IBTX B 2.79%
DFS A 2.57%
EDR A 2.48%
SASR A 2.44%
SMAR A 2.41%
LBPH A 2.4%
B A 2.39%
EVRI A 2.39%
NAPA A 2.38%
K A 2.36%
ZUO A 2.36%
PETQ A 2.35%
RCM A 2.34%
INST A 2.33%
JNPR A 2.33%
SRCL A 2.32%
HCP A 2.29%
ALE A 2.29%
AXNX A 2.27%
CTLT D 2.21%
ANSS C 2.2%
SPR C 2.11%
MRO C 2.06%
HES B 1.87%
RVNC C 1.87%
CHX F 1.68%
MRGR Underweight 177 Positions Relative to HAPS
Symbol Grade Weight
CBT B -2.2%
AWI A -2.08%
PECO B -1.97%
ACLX B -1.95%
MOG.A C -1.78%
APLE C -1.72%
AVT B -1.65%
NUVL D -1.62%
RYTM D -1.55%
PTCT B -1.47%
KBH D -1.39%
NSA D -1.38%
KYMR C -1.37%
TEX F -1.37%
EAT A -1.36%
LOPE D -1.32%
HLNE A -1.32%
SGRY F -1.3%
OGS C -1.29%
KOS F -1.27%
AGIO B -1.27%
REZI C -1.25%
NTLA F -1.23%
TNL A -1.18%
RDN F -1.18%
TPG B -1.15%
GVA A -1.11%
SR D -1.11%
PIPR B -1.11%
MC D -1.1%
LBRT F -1.09%
NSP F -1.09%
HRI A -1.08%
YETI F -1.07%
CPA B -0.97%
IVT A -0.95%
POWL A -0.93%
PSMT C -0.85%
WD C -0.79%
AIN F -0.77%
SXT C -0.76%
BHF B -0.74%
AUR B -0.73%
CAKE A -0.72%
ALTR B -0.71%
PI C -0.71%
JBGS C -0.69%
FHB A -0.69%
BROS B -0.69%
TRIP C -0.69%
DK F -0.68%
CCS F -0.68%
LAUR A -0.68%
TROX F -0.68%
STEP B -0.67%
COLL F -0.67%
ACIW C -0.66%
AMN F -0.64%
WAFD D -0.64%
KURA F -0.63%
HURN A -0.62%
BOX D -0.61%
LGIH F -0.57%
IRWD F -0.55%
CMPR F -0.55%
BFH C -0.55%
ZETA C -0.55%
FRME C -0.53%
APPF D -0.53%
BANR A -0.52%
TOWN D -0.51%
FORM F -0.51%
WK C -0.51%
TARS A -0.5%
UPWK A -0.5%
TDC B -0.5%
PLMR D -0.49%
ALGT B -0.47%
BKE C -0.46%
FROG C -0.45%
TRMK B -0.45%
AESI F -0.45%
GSAT C -0.44%
EFSC B -0.44%
MD A -0.44%
CRAI B -0.44%
SCSC F -0.43%
NNI A -0.43%
CASH A -0.42%
WSBC A -0.41%
SCS F -0.4%
IDT B -0.4%
LOB D -0.4%
UPST B -0.4%
WGO D -0.4%
ALRM F -0.4%
PRGS B -0.39%
FLYW C -0.39%
PRVA B -0.38%
CSTL A -0.38%
SONO C -0.37%
MCY B -0.36%
RPD C -0.35%
VBTX B -0.34%
KFRC D -0.34%
CENTA D -0.33%
UAA B -0.33%
HTH D -0.33%
DOLE C -0.33%
CALX D -0.33%
VERX B -0.31%
OXM F -0.3%
DOCN B -0.3%
KOP F -0.28%
RYI C -0.28%
VIAV A -0.28%
RGNX F -0.28%
OPEN F -0.28%
PAR A -0.27%
SPTN D -0.27%
CGEM F -0.27%
OCFC A -0.26%
EXPI B -0.26%
BZH D -0.25%
EXTR B -0.25%
USNA D -0.24%
SAGE F -0.24%
CARG B -0.23%
SPT F -0.23%
BRZE F -0.23%
VERV C -0.22%
OBK D -0.22%
PSCF B -0.2%
INTA B -0.2%
CSGS D -0.19%
VSAT F -0.18%
ARLO F -0.18%
FC D -0.17%
MBIN F -0.17%
SDGR F -0.17%
CERT F -0.17%
FWRG B -0.17%
ALKT B -0.16%
PRA B -0.16%
LMB B -0.16%
COUR F -0.15%
CARS D -0.15%
BY B -0.15%
ASAN D -0.15%
ATEN A -0.14%
AGS A -0.14%
AMCX F -0.14%
YEXT A -0.12%
HVT F -0.12%
UDMY C -0.12%
GDYN B -0.11%
NABL F -0.11%
HSTM A -0.1%
RGP F -0.1%
BASE C -0.09%
MITK D -0.09%
ZIP F -0.09%
HCAT C -0.08%
NEWT B -0.08%
ENFN A -0.08%
CHGG F -0.08%
ALTG D -0.08%
IRBT C -0.07%
BIGC F -0.07%
SAVE D -0.06%
EB C -0.05%
HMST F -0.05%
DOMO C -0.04%
RMAX C -0.04%
SEMR D -0.04%
GPRO C -0.04%
VRA F -0.03%
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