MRGR vs. ITB ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to iShares U.S. Home Construction ETF (ITB)
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
$40.06
Average Daily Volume
1,322
31
ITB
iShares U.S. Home Construction ETF
ITB Description
The investment seeks to track the investment results of an index composed of U.S. equities in the home construction sector. 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. It seeks to track the investment results of the Dow Jones U.S. Select Home Construction Index (the "underlying index"), which measures the performance of the home construction sector of the U.S. equity market. The fund is non-diversified.Grade (RS Rating)
Last Trade
$107.37
Average Daily Volume
1,764,168
45
Performance
| Period | MRGR | ITB |
|---|---|---|
| 30 Days | -0.83% | -4.08% |
| 60 Days | -0.30% | -1.58% |
| 90 Days | 0.36% | 5.35% |
| 12 Months | 6.44% | 44.91% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MRGR | Weight in ITB | Overlap | |
|---|---|---|---|---|---|
| DOOR | A | 2.51% | 0.39% | 0.39% |
MRGR Overweight 30 Positions Relative to ITB
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRK | A | 3.16% | |
| EVBG | B | 3.04% | |
| ETRN | A | 2.88% | |
| PXD | B | 2.69% | |
| NS | D | 2.61% | |
| SWAV | A | 2.54% | |
| EDR | A | 2.53% | |
| FUSN | A | 2.53% | |
| CERE | A | 2.52% | |
| MODN | B | 2.51% | |
| ALPN | A | 2.51% | |
| AIRC | A | 2.51% | |
| AMK | D | 2.48% | |
| HIBB | A | 2.48% | |
| AEL | A | 2.48% | |
| HCP | B | 2.46% | |
| DFS | B | 2.46% | |
| ANSS | D | 2.44% | |
| WIRE | A | 2.41% | |
| SLCA | A | 2.41% | |
| AXNX | C | 2.4% | |
| HES | B | 2.35% | |
| INBX | D | 2.34% | |
| JNPR | D | 2.31% | |
| CTLT | C | 2.31% | |
| HA | D | 2.17% | |
| MGRC | D | 2.14% | |
| CHX | D | 2.13% | |
| X | F | 1.84% | |
| CPRI | F | 1.57% |
MRGR Underweight 44 Positions Relative to ITB
| Symbol | Grade | Weight | |
|---|---|---|---|
| DHI | D | -14.16% | |
| LEN | C | -12.51% | |
| PHM | A | -7.87% | |
| NVR | D | -7.79% | |
| LOW | D | -4.48% | |
| SHW | D | -4.26% | |
| BLD | D | -4.21% | |
| HD | D | -4.19% | |
| TOL | C | -4.12% | |
| BLDR | C | -3.17% | |
| OC | A | -2.1% | |
| MTH | A | -2.06% | |
| MAS | D | -2.06% | |
| LII | D | -1.99% | |
| TMHC | C | -1.97% | |
| IBP | C | -1.87% | |
| FND | D | -1.64% | |
| KBH | B | -1.58% | |
| SKY | D | -1.35% | |
| TREX | D | -1.33% | |
| FBIN | D | -1.23% | |
| EXP | B | -1.21% | |
| TPH | A | -1.21% | |
| MHO | D | -1.08% | |
| SSD | D | -1.04% | |
| UFPI | C | -0.97% | |
| CVCO | C | -0.94% | |
| AZEK | C | -0.91% | |
| BECN | B | -0.84% | |
| MHK | D | -0.83% | |
| CCS | D | -0.76% | |
| LGIH | D | -0.62% | |
| LEN | C | -0.6% | |
| GRBK | C | -0.46% | |
| MBC | D | -0.29% | |
| LEG | F | -0.25% | |
| BZH | D | -0.25% | |
| HAYW | C | -0.24% | |
| DFH | D | -0.24% | |
| JELD | B | -0.23% | |
| AMWD | D | -0.2% | |
| NX | D | -0.15% | |
| ETD | F | -0.09% | |
| ARHS | D | -0.07% |
MRGR: Top Represented Industries & Keywords
ITB: Top Represented Industries & Keywords
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