MRGR vs. KBWR ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to PowerShares KBW Regional Banking Portfolio ETF (KBWR)
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
$41.93
Average Daily Volume
815
28
KBWR
PowerShares KBW Regional Banking Portfolio ETF
KBWR Description
The PowerShares KBW Regional Banking Portfolio (Fund) is based on the KBW Regional Banking Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Underlying Index. The Index is an equal weighted float-adjusted market capitalization index that seeks to reflect the performance of publicly traded companies that do business as regional banks or thrifts listed on US stock markets. The Index is compiled, maintained and calculated by KBW and is composed of approximately 50 companies. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$65.25
Average Daily Volume
5,044
49
Performance
| Period | MRGR | KBWR |
|---|---|---|
| 30 Days | -0.29% | 9.42% |
| 60 Days | 0.68% | 15.96% |
| 90 Days | 1.28% | 19.11% |
| 12 Months | 7.25% | 44.08% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MRGR | Weight in KBWR | Overlap |
|---|
MRGR Overweight 28 Positions Relative to KBWR
| Symbol | Grade | Weight | |
|---|---|---|---|
| HTLF | A | 3.58% | |
| DFS | A | 3.13% | |
| IBTX | A | 3.04% | |
| SASR | A | 2.78% | |
| EDR | A | 2.49% | |
| INFN | C | 2.47% | |
| ANSS | B | 2.42% | |
| LBPH | A | 2.4% | |
| SMAR | A | 2.39% | |
| EVRI | A | 2.39% | |
| B | A | 2.38% | |
| ATSG | A | 2.38% | |
| NAPA | A | 2.38% | |
| ALTR | B | 2.37% | |
| ZUO | A | 2.36% | |
| RCM | A | 2.34% | |
| ENV | B | 2.34% | |
| K | B | 2.34% | |
| INST | B | 2.33% | |
| JNPR | D | 2.32% | |
| HCP | B | 2.31% | |
| ALE | A | 2.29% | |
| AXNX | A | 2.27% | |
| CTLT | C | 2.22% | |
| MRO | A | 2.22% | |
| SPR | D | 2.05% | |
| RVNC | F | 2.04% | |
| CHX | C | 1.78% |
MRGR Underweight 49 Positions Relative to KBWR
| Symbol | Grade | Weight | |
|---|---|---|---|
| WBS | A | -4.09% | |
| PNFP | A | -3.8% | |
| CBSH | A | -3.63% | |
| SSB | A | -3.4% | |
| BPOP | C | -2.87% | |
| CFR | A | -2.22% | |
| SNV | A | -2.2% | |
| COLB | A | -2.18% | |
| TCBI | A | -2.17% | |
| GBCI | A | -2.13% | |
| ASB | A | -2.12% | |
| UMBF | A | -2.12% | |
| WTFC | A | -2.11% | |
| CADE | A | -2.1% | |
| VLY | A | -2.09% | |
| CATY | A | -2.07% | |
| ABCB | A | -2.03% | |
| FFIN | A | -2.01% | |
| CBU | A | -1.99% | |
| OZK | A | -1.97% | |
| HWC | A | -1.96% | |
| FHB | A | -1.95% | |
| BOKF | A | -1.95% | |
| ONB | B | -1.95% | |
| PB | A | -1.94% | |
| EBC | A | -1.93% | |
| FNB | A | -1.93% | |
| UBSI | A | -1.92% | |
| HOMB | A | -1.91% | |
| AUB | A | -1.91% | |
| FULT | A | -1.9% | |
| FIBK | A | -1.89% | |
| UCB | A | -1.86% | |
| WSFS | A | -1.85% | |
| FBP | A | -1.76% | |
| SFNC | B | -1.75% | |
| BOH | A | -1.74% | |
| CVBF | A | -1.71% | |
| INDB | A | -1.69% | |
| WAFD | A | -1.68% | |
| BKU | A | -1.63% | |
| PFS | A | -1.56% | |
| FFBC | A | -1.52% | |
| PPBI | A | -1.51% | |
| BANC | A | -1.44% | |
| TRMK | A | -1.33% | |
| FCF | A | -1.07% | |
| HOPE | A | -0.92% | |
| BRKL | A | -0.61% |
MRGR: Top Represented Industries & Keywords
KBWR: Top Represented Industries & Keywords
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