MRGR vs. INTF ETF Comparison

Comparison of ProShares Merger ETF (MRGR) to iShares FactorSelect MSCI International ETF (INTF)

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

$39.87

Average Daily Volume

1,728

Number of Holdings ^*

* may have additional holdings in another (foreign) market

INTF

iShares FactorSelect MSCI International ETF

INTF Description

The investment seeks to track the investment results of the MSCI World ex USA Diversified Multi-Factor Index (the "underlying index"), which has been developed by MSCI Inc. ("MSCI"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is designed to select equity securities from MSCI World ex USA Index (the "Parent index") that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the Parent index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.99

Average Daily Volume

159,937

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MRGR	INTF
30 Days	-1.06%	-2.29%
60 Days	-0.50%	0.39%
90 Days	-0.59%	3.14%
12 Months	5.45%	12.15%

0 Overlapping Holdings

	Symbol	Grade	Weight in MRGR	Weight in INTF	Overlap

MRGR Overweight 26 Positions Relative to INTF

Symbol	Grade	Weight
WRK	B	3.29%
EVBG	A	3.2%
ETRN	A	2.87%
PXD	A	2.83%
EDR	A	2.65%
FUSN	A	2.64%
SWAV	A	2.64%
MODN	B	2.63%
AIRC	A	2.63%
MDC	A	2.61%
ANSS	C	2.61%
CERE	A	2.59%
DOOR	A	2.59%
AEL	A	2.56%
DFS	A	2.54%
JNPR	C	2.54%
AXNX	C	2.54%
NS	C	2.52%
INBX	D	2.49%
CHX	B	2.49%
CTLT	C	2.43%
HA	D	2.38%
HES	A	2.38%
MGRC	D	2.37%
X	F	2.14%
CPRI	F	1.83%

MRGR Underweight 21 Positions Relative to INTF

Symbol	Grade	Weight
NVO	C	-2.59%
TM	D	-1.24%
NVS	B	-1.17%
GIB	D	-0.65%
MUFG	C	-0.54%
MFG	B	-0.47%
SONY	F	-0.44%
DEO	F	-0.39%
E	A	-0.39%
SMFG	C	-0.37%
HMC	D	-0.33%
ABBV	C	-0.32%
STLA	C	-0.32%
UL	B	-0.25%
NMR	D	-0.2%
STM	D	-0.14%
BCS	A	-0.12%
AEI	F	-0.08%
LYG	A	-0.07%
CNI	C	-0.04%
LOGI	D	-0.04%