MRGR vs. IVEG ETF Comparison

Comparison of ProShares Merger ETF (MRGR) to iShares Emergent Food and AgTech Multisector ETF (IVEG)

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

$42.22

Average Daily Volume

811

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IVEG

iShares Emergent Food and AgTech Multisector ETF

IVEG Description

The fund invests at least 80% of its assets in the securities of its index and in investments that have economic characteristics that are substantially identical to the securities of its index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents as well as in securities not included in the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$20.86

Average Daily Volume

1,161

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MRGR	IVEG
30 Days	0.41%	2.79%
60 Days	1.07%	1.96%
90 Days	2.14%	3.89%
12 Months	7.71%	17.86%

1 Overlapping Holdings

	Symbol	Grade	Weight in MRGR	Weight in IVEG	Overlap
	K	A	2.37%	5.28%	2.37%

MRGR Overweight 28 Positions Relative to IVEG

Symbol	Grade	Weight
HTLF	B	3.58%
DFS	B	3.14%
IBTX	B	3.02%
SASR	B	2.81%
EDR	A	2.53%
INFN	C	2.5%
LBPH	A	2.43%
EVRI	A	2.42%
NAPA	B	2.42%
B	B	2.41%
SMAR	A	2.41%
ROIC	A	2.41%
ALTR	B	2.4%
ATSG	B	2.4%
ZUO	B	2.39%
RCM	F	2.37%
ENV	B	2.37%
CDMO	B	2.36%
ANSS	B	2.32%
ALE	A	2.31%
HCP	B	2.3%
MRO	B	2.28%
LBRDK	C	2.25%
CTLT	B	2.2%
JNPR	F	2.14%
SPR	D	2.11%
CHX	C	1.8%
RVNC	F	1.42%

MRGR Underweight 18 Positions Relative to IVEG

Symbol	Grade	Weight
SW	A	-8.87%
IP	B	-5.56%
TRMB	B	-5.3%
PKG	A	-5.11%
CTVA	C	-4.67%
ECL	D	-4.53%
WAT	B	-4.2%
CF	B	-4.15%
IFF	D	-4.14%
DE	A	-3.9%
CNH	C	-3.56%
MOS	F	-2.56%
FMC	D	-2.33%
AGCO	D	-1.93%
SEE	C	-1.77%
EXPO	D	-1.54%
NEOG	F	-1.05%
SHC	F	-0.49%