MRGR vs. JPST ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to JPMorgan Ultra-Short Income ETF (JPST)
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
$39.83
Average Daily Volume
559
31
JPST
JPMorgan Ultra-Short Income ETF
JPST Description
The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.Grade (RS Rating)
Last Trade
$50.45
Average Daily Volume
3,797,718
112
Performance
| Period | MRGR | JPST |
|---|---|---|
| 30 Days | -0.20% | 0.46% |
| 60 Days | -0.28% | 0.52% |
| 90 Days | -1.14% | 0.86% |
| 12 Months | 5.67% | 3.75% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MRGR | Weight in JPST | Overlap |
|---|
MRGR Overweight 31 Positions Relative to JPST
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRK | D | 3.23% | |
| EVBG | C | 2.98% | |
| ETRN | C | 2.91% | |
| SBOW | C | 2.56% | |
| HTLF | B | 2.54% | |
| EDR | A | 2.51% | |
| AIRC | A | 2.5% | |
| PRFT | B | 2.48% | |
| MODN | B | 2.48% | |
| HCP | A | 2.48% | |
| AMK | B | 2.46% | |
| DFS | B | 2.46% | |
| HIBB | A | 2.46% | |
| SQSP | A | 2.45% | |
| ANSS | D | 2.44% | |
| ALE | B | 2.44% | |
| SRCL | B | 2.43% | |
| WIRE | B | 2.43% | |
| DO | B | 2.41% | |
| CERE | D | 2.4% | |
| AXNX | B | 2.37% | |
| SLCA | B | 2.35% | |
| MRO | B | 2.32% | |
| JNPR | B | 2.3% | |
| CTLT | B | 2.23% | |
| IBTX | B | 2.22% | |
| HA | D | 2.15% | |
| HES | C | 2.11% | |
| MGRC | D | 2.07% | |
| CHX | C | 1.93% | |
| X | F | 1.8% |
MRGR Underweight 112 Positions Relative to JPST
| Symbol | Grade | Weight | |
|---|---|---|---|
| CASH | B | -2.2% | |
| TMO | D | -0.74% | |
| AZN | A | -0.57% | |
| EQH | A | -0.35% | |
| KDP | A | -0.31% | |
| CCEP | A | -0.3% | |
| ATO | B | -0.3% | |
| MCD | D | -0.29% | |
| LDOS | A | -0.26% | |
| BXMT | C | -0.25% | |
| SNX | C | -0.23% | |
| TDY | D | -0.22% | |
| HART | A | -0.19% | |
| BA | D | -0.18% | |
| D | D | -0.17% | |
| OGS | D | -0.17% | |
| VZ | B | -0.16% | |
| ETR | D | -0.16% | |
| T | A | -0.14% | |
| CNP | B | -0.14% | |
| PXD | B | -0.13% | |
| GILD | C | -0.13% | |
| DB | D | -0.13% | |
| CAG | C | -0.13% | |
| AAPL | B | -0.12% | |
| SO | B | -0.11% | |
| WFC | D | -0.11% | |
| VTRS | D | -0.1% | |
| GM | B | -0.1% | |
| FITB | C | -0.1% | |
| HUM | C | -0.09% | |
| WEC | D | -0.09% | |
| MLM | D | -0.09% | |
| JBHT | F | -0.09% | |
| IFF | B | -0.08% | |
| STT | C | -0.08% | |
| DT | F | -0.08% | |
| CI | C | -0.08% | |
| NEM | B | -0.08% | |
| DUK | C | -0.08% | |
| KR | D | -0.07% | |
| CFG | C | -0.07% | |
| BX | B | -0.07% | |
| HSBC | B | -0.07% | |
| SBUX | F | -0.06% | |
| BG | B | -0.06% | |
| ACR | C | -0.06% | |
| SEB | F | -0.06% | |
| XOM | C | -0.06% | |
| AEP | D | -0.05% | |
| MS | B | -0.05% | |
| AL | C | -0.05% | |
| BHF | D | -0.04% | |
| ORCL | B | -0.04% | |
| KKR | B | -0.04% | |
| MDLZ | D | -0.04% | |
| ABBV | B | -0.04% | |
| COF | D | -0.04% | |
| PL | D | -0.04% | |
| ARES | C | -0.03% | |
| CHD | C | -0.03% | |
| R | B | -0.03% | |
| ROP | A | -0.03% | |
| NEE | B | -0.03% | |
| BCC | D | -0.03% | |
| BMO | D | -0.03% | |
| HON | A | -0.02% | |
| WLK | D | -0.02% | |
| MSC | F | -0.02% | |
| ETN | D | -0.02% | |
| AZO | B | -0.02% | |
| GSK | D | -0.02% | |
| DIS | C | -0.02% | |
| AER | A | -0.02% | |
| BNS | D | -0.02% | |
| EPD | A | -0.01% | |
| ABT | C | -0.01% | |
| PFE | C | -0.01% | |
| IBM | B | -0.01% | |
| ICE | A | -0.01% | |
| MCO | A | -0.01% | |
| DHR | C | -0.01% | |
| CSL | B | -0.01% | |
| BMY | D | -0.01% | |
| PSX | C | -0.01% | |
| SCHW | C | -0.01% | |
| PNC | D | -0.01% | |
| BK | B | -0.01% | |
| UNH | D | -0.01% | |
| MMM | B | -0.01% | |
| AXP | C | -0.01% | |
| CAT | C | -0.01% | |
| PM | A | -0.01% | |
| HBAN | C | -0.01% | |
| ES | D | -0.01% | |
| JXN | B | -0.01% | |
| MET | C | -0.01% | |
| UBS | B | -0.01% | |
| BAC | B | -0.01% | |
| RY | B | -0.01% | |
| TFC | C | -0.01% | |
| DE | D | -0.01% | |
| KEY | C | -0.01% | |
| MUFG | C | -0.01% | |
| GS | B | -0.01% | |
| NWG | B | -0.01% | |
| TD | F | -0.01% | |
| PFG | C | -0.01% | |
| CM | C | -0.01% | |
| USB | C | -0.01% | |
| C | C | -0.01% | |
| AIG | C | -0.01% |
MRGR: Top Represented Industries & Keywords
JPST: Top Represented Industries & Keywords
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