MRGR vs. KVLE ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to KFA Value Line Dynamic Core Equity Index ETF (KVLE)
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
$39.86
Average Daily Volume
522
31
KVLE
KFA Value Line Dynamic Core Equity Index ETF
KVLE Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of a specific equity securities index, the Value Line®Dynamic Core Equity Index. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the underlying index. It may invest up to 20% of its assets in instruments that are not included in the underlying index, but that Fund's adviser, Krane Funds Advisors, LLC, believes will help the fund track the underlying index. The fund is non-diversified.Grade (RS Rating)
Last Trade
$24.55
Average Daily Volume
2,351
78
Performance
| Period | MRGR | KVLE |
|---|---|---|
| 30 Days | -0.54% | 0.54% |
| 60 Days | -1.19% | 6.15% |
| 90 Days | -0.81% | 3.81% |
| 12 Months | 5.88% | 9.06% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MRGR | Weight in KVLE | Overlap | |
|---|---|---|---|---|---|
| ALE | B | 2.43% | 1.45% | 1.45% |
MRGR Overweight 30 Positions Relative to KVLE
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRK | C | 3.26% | |
| ETRN | B | 3.09% | |
| EVBG | C | 2.98% | |
| SBOW | B | 2.57% | |
| EDR | A | 2.52% | |
| HTLF | B | 2.52% | |
| HCP | A | 2.49% | |
| MODN | B | 2.48% | |
| AIRC | A | 2.48% | |
| PRFT | B | 2.47% | |
| SQSP | A | 2.46% | |
| HIBB | A | 2.46% | |
| AMK | C | 2.45% | |
| DCPH | A | 2.45% | |
| DFS | D | 2.45% | |
| SRCL | B | 2.44% | |
| WIRE | B | 2.42% | |
| MRO | C | 2.4% | |
| ANSS | C | 2.4% | |
| SLCA | B | 2.35% | |
| AXNX | C | 2.35% | |
| CERE | C | 2.33% | |
| JNPR | B | 2.29% | |
| CTLT | D | 2.27% | |
| IBTX | D | 2.24% | |
| HA | C | 2.22% | |
| HES | D | 2.17% | |
| MGRC | D | 2.04% | |
| CHX | F | 2.0% | |
| X | F | 1.86% |
MRGR Underweight 77 Positions Relative to KVLE
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | A | -7.93% | |
| MSFT | A | -6.46% | |
| AAPL | B | -3.37% | |
| AMZN | B | -2.83% | |
| META | B | -2.74% | |
| HD | C | -2.2% | |
| TXN | B | -2.01% | |
| PFE | C | -2.0% | |
| GS | B | -1.87% | |
| CSCO | F | -1.82% | |
| KMB | A | -1.68% | |
| DUK | B | -1.64% | |
| DTM | B | -1.63% | |
| PAYX | B | -1.57% | |
| AEP | B | -1.57% | |
| CMCSA | F | -1.55% | |
| APD | B | -1.54% | |
| SPG | B | -1.54% | |
| ADP | C | -1.53% | |
| TROW | B | -1.52% | |
| AMT | B | -1.51% | |
| ETR | C | -1.51% | |
| PKG | B | -1.47% | |
| DOW | D | -1.47% | |
| ED | D | -1.44% | |
| UGI | D | -1.43% | |
| HESM | C | -1.41% | |
| CCI | C | -1.41% | |
| WU | D | -1.4% | |
| FLO | D | -1.39% | |
| PSA | B | -1.38% | |
| SON | C | -1.37% | |
| MRK | B | -1.37% | |
| UVV | F | -1.36% | |
| WEC | D | -1.35% | |
| FAST | D | -1.34% | |
| BMY | F | -1.32% | |
| LLY | A | -1.3% | |
| SNA | D | -1.3% | |
| GILD | D | -1.25% | |
| ABBV | B | -1.23% | |
| MSM | F | -1.19% | |
| PEG | B | -1.17% | |
| BLK | D | -1.13% | |
| IBM | C | -1.04% | |
| JPM | C | -1.03% | |
| PSX | D | -1.0% | |
| PG | A | -0.92% | |
| UNP | D | -0.92% | |
| WSO | B | -0.9% | |
| MO | B | -0.83% | |
| CL | A | -0.78% | |
| CMI | D | -0.77% | |
| NTAP | A | -0.75% | |
| RTX | B | -0.72% | |
| EVRG | C | -0.71% | |
| CME | D | -0.67% | |
| OGS | F | -0.63% | |
| RHI | D | -0.6% | |
| MCD | D | -0.57% | |
| VRT | D | -0.55% | |
| IVZ | D | -0.46% | |
| SMCI | C | -0.39% | |
| SR | D | -0.35% | |
| CVS | F | -0.33% | |
| NFLX | A | -0.3% | |
| UPS | F | -0.25% | |
| WSM | B | -0.21% | |
| MOD | D | -0.2% | |
| EQIX | C | -0.19% | |
| POWL | C | -0.14% | |
| ALL | D | -0.13% | |
| GOOG | A | -0.12% | |
| ORCL | B | -0.12% | |
| APP | C | -0.11% | |
| DKS | B | -0.09% | |
| AMGN | B | -0.03% |
MRGR: Top Represented Industries & Keywords
KVLE: Top Represented Industries & Keywords
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