MRGR vs. PSCF ETF Comparison

Comparison of ProShares Merger ETF (MRGR) to PowerShares S&P SmallCap Financials Portfolio (PSCF)

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

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PSCF

PowerShares S&P SmallCap Financials Portfolio

PSCF Description

The PowerShares S&P SmallCap Financials Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Financials Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US financial services companies. These companies are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services. The Index is a subset of the S&P SmallCap 600Â® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$47.24

Average Daily Volume

1,154

Number of Holdings ^*

158

* may have additional holdings in another (foreign) market

Performance

Period	MRGR	PSCF
30 Days	-0.83%	0.68%
60 Days	-0.30%	1.48%
90 Days	0.36%	1.84%
12 Months	6.44%	24.29%

1 Overlapping Holdings

	Symbol	Grade	Weight in MRGR	Weight in PSCF	Overlap
	AEL	A	2.48%	1.21%	1.21%

MRGR Overweight 30 Positions Relative to PSCF

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%
DOOR	A	2.51%
AIRC	A	2.51%
AMK	D	2.48%
HIBB	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 157 Positions Relative to PSCF

Symbol	Grade	Weight
COOP	A	-1.76%
JXN	A	-1.7%
LNC	D	-1.64%
RDN	C	-1.6%
AGO	D	-1.47%
EPRT	A	-1.41%
PECO	D	-1.37%
MAC	D	-1.19%
MC	D	-1.15%
SLG	B	-1.15%
CTRE	B	-1.11%
APLE	F	-1.1%
BGC	B	-1.09%
ABCB	B	-1.08%
WD	C	-1.08%
SKT	D	-1.06%
BXMT	F	-1.06%
UCBI	B	-1.05%
PIPR	A	-1.04%
FBP	A	-1.01%
SFBS	C	-1.0%
AUB	C	-1.0%
MPW	C	-0.99%
APAM	D	-0.99%
HASI	C	-0.98%
HIW	A	-0.96%
GNW	C	-0.95%
FULT	A	-0.95%
IIPR	A	-0.95%
FHB	A	-0.94%
WSFS	A	-0.9%
AX	A	-0.9%
NMIH	A	-0.87%
CATY	D	-0.87%
LXP	D	-0.86%
SITC	C	-0.85%
EVTC	F	-0.85%
ABR	C	-0.84%
OUT	D	-0.8%
CBU	C	-0.8%
BOH	D	-0.79%
DEI	B	-0.79%
CVBF	D	-0.75%
INDB	C	-0.75%
SFNC	D	-0.75%
FCPT	C	-0.74%
PPBI	D	-0.73%
SHO	D	-0.73%
FFBC	A	-0.73%
PJT	C	-0.73%
JOE	B	-0.72%
BKU	B	-0.7%
SNEX	A	-0.69%
PLMR	B	-0.68%
SBCF	C	-0.68%
BANC	C	-0.67%
UE	B	-0.67%
DRH	D	-0.66%
PRK	A	-0.66%
WAFD	B	-0.64%
TRMK	A	-0.63%
ENVA	B	-0.62%
CNS	D	-0.62%
AKR	B	-0.62%
PEB	F	-0.62%
OFG	A	-0.59%
STC	A	-0.59%
RNST	C	-0.57%
NBTB	B	-0.57%
CWK	C	-0.57%
TBBK	F	-0.57%
DFIN	A	-0.54%
BANR	B	-0.53%
PRG	B	-0.53%
ROIC	D	-0.53%
VRTS	D	-0.52%
LKFN	D	-0.52%
HMN	A	-0.52%
CHCO	B	-0.52%
XHR	B	-0.51%
MCY	A	-0.49%
NATL	B	-0.48%
GSHD	F	-0.48%
RC	C	-0.48%
ARI	F	-0.48%
UNIT	F	-0.47%
FCF	B	-0.47%
NWBI	C	-0.47%
GNL	D	-0.47%
IBTX	D	-0.47%
HTH	C	-0.47%
GTY	C	-0.46%
LTC	A	-0.46%
JBGS	F	-0.46%
CUBI	D	-0.46%
FBK	B	-0.45%
CASH	B	-0.45%
WABC	B	-0.44%
FBNC	F	-0.44%
NAVI	D	-0.44%
BANF	B	-0.44%
NBHC	C	-0.43%
PMT	A	-0.42%
HOPE	D	-0.41%
ALEX	C	-0.41%
SAFT	C	-0.4%
STBA	B	-0.4%
PFS	B	-0.39%
EIG	D	-0.38%
DEA	C	-0.38%
VBTX	B	-0.37%
SPNT	C	-0.37%
SVC	F	-0.36%
AAT	B	-0.36%
KW	C	-0.35%
CSR	A	-0.34%
ECPG	D	-0.34%
PFBC	A	-0.33%
EFC	C	-0.32%
BHLB	B	-0.32%
PRAA	C	-0.32%
TRUP	F	-0.3%
AMSF	F	-0.3%
MMI	D	-0.27%
HCI	B	-0.27%
SBSI	D	-0.27%
EXPI	D	-0.27%
BDN	B	-0.27%
BRKL	D	-0.26%
RWT	D	-0.26%
HPP	F	-0.26%
NXRT	B	-0.26%
AHH	C	-0.25%
BSIG	C	-0.25%
DCOM	C	-0.23%
INN	D	-0.23%
AMBC	D	-0.23%
PRA	C	-0.23%
RILY	C	-0.22%
CHCT	F	-0.22%
CFFN	D	-0.21%
HFWA	C	-0.21%
EGBN	F	-0.2%
EZPW	C	-0.2%
WSR	D	-0.19%
CPF	A	-0.19%
KREF	F	-0.19%
TMP	D	-0.19%
TRST	B	-0.18%
WRLD	B	-0.17%
CLDT	F	-0.16%
UHT	D	-0.16%
BFS	F	-0.16%
UFCS	B	-0.16%
HAFC	C	-0.16%
GDOT	C	-0.14%
NFBK	D	-0.11%