MRGR vs. PSCI ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to PowerShares S&P SmallCap Industrials Portfolio (PSCI)
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
$41.90
Average Daily Volume
792
29
PSCI
PowerShares S&P SmallCap Industrials Portfolio
PSCI Description
The PowerShares S&P SmallCap Industrials Portfolio (Fund) is based on the S&P SmallCap 600® Capped Industrials 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 industrial companies. These companies are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense and general manufacturing. The Index is a subset of the S&P SmallCap 600® 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
$145.60
Average Daily Volume
5,697
92
Performance
| Period | MRGR | PSCI |
|---|---|---|
| 30 Days | -0.54% | 7.82% |
| 60 Days | 0.17% | 9.89% |
| 90 Days | 1.33% | 13.80% |
| 12 Months | 7.05% | 39.20% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MRGR | Weight in PSCI | Overlap | |
|---|---|---|---|---|---|
| B | A | 2.41% | 0.79% | 0.79% |
MRGR Overweight 28 Positions Relative to PSCI
| Symbol | Grade | Weight | |
|---|---|---|---|
| HTLF | B | 3.58% | |
| DFS | B | 3.14% | |
| IBTX | B | 3.02% | |
| SASR | B | 2.81% | |
| EDR | A | 2.53% | |
| INFN | D | 2.5% | |
| LBPH | A | 2.43% | |
| EVRI | A | 2.42% | |
| NAPA | A | 2.42% | |
| SMAR | A | 2.41% | |
| ROIC | A | 2.41% | |
| ALTR | B | 2.4% | |
| ATSG | A | 2.4% | |
| ZUO | B | 2.39% | |
| K | A | 2.37% | |
| RCM | A | 2.37% | |
| ENV | B | 2.37% | |
| CDMO | A | 2.36% | |
| ANSS | B | 2.32% | |
| ALE | A | 2.31% | |
| HCP | B | 2.3% | |
| MRO | A | 2.28% | |
| LBRDK | C | 2.25% | |
| CTLT | D | 2.2% | |
| JNPR | D | 2.14% | |
| SPR | D | 2.11% | |
| CHX | C | 1.8% | |
| RVNC | F | 1.42% |
MRGR Underweight 91 Positions Relative to PSCI
| Symbol | Grade | Weight | |
|---|---|---|---|
| MLI | B | -3.99% | |
| RHI | C | -2.88% | |
| CSWI | B | -2.6% | |
| AWI | A | -2.5% | |
| AVAV | C | -2.43% | |
| ALK | A | -2.41% | |
| MOG.A | B | -2.39% | |
| ZWS | B | -2.11% | |
| DY | D | -2.08% | |
| BCC | C | -2.06% | |
| MATX | B | -2.06% | |
| FSS | B | -2.05% | |
| ACA | A | -1.91% | |
| AL | B | -1.85% | |
| GTES | A | -1.77% | |
| SKYW | B | -1.69% | |
| FELE | B | -1.6% | |
| GVA | A | -1.59% | |
| KFY | B | -1.54% | |
| GMS | B | -1.51% | |
| RXO | C | -1.49% | |
| RUSHA | B | -1.46% | |
| VRRM | F | -1.41% | |
| JBT | A | -1.39% | |
| ESE | B | -1.38% | |
| ABM | B | -1.36% | |
| REZI | A | -1.35% | |
| GEO | A | -1.33% | |
| NPO | A | -1.29% | |
| BRC | C | -1.25% | |
| POWL | C | -1.22% | |
| TRN | B | -1.16% | |
| HUBG | A | -1.14% | |
| UNF | B | -1.13% | |
| GFF | A | -1.06% | |
| ARCB | C | -1.06% | |
| EPAC | B | -1.03% | |
| HNI | A | -0.98% | |
| CXW | C | -0.97% | |
| AIN | C | -0.96% | |
| AZZ | A | -0.95% | |
| WERN | B | -0.95% | |
| MYRG | C | -0.92% | |
| SXI | B | -0.92% | |
| AIR | B | -0.88% | |
| KMT | C | -0.87% | |
| HAYW | B | -0.84% | |
| RUN | F | -0.84% | |
| HI | C | -0.83% | |
| ROCK | D | -0.83% | |
| MRCY | C | -0.82% | |
| KAR | B | -0.8% | |
| ALG | C | -0.75% | |
| GBX | B | -0.75% | |
| APOG | B | -0.71% | |
| JBLU | F | -0.7% | |
| MLKN | F | -0.64% | |
| TNC | F | -0.64% | |
| CSGS | B | -0.59% | |
| AMWD | B | -0.59% | |
| VSTS | F | -0.59% | |
| DNOW | B | -0.58% | |
| TILE | A | -0.56% | |
| SNDR | A | -0.55% | |
| NX | C | -0.54% | |
| VICR | C | -0.52% | |
| LNN | B | -0.51% | |
| NVEE | F | -0.46% | |
| PBI | C | -0.46% | |
| TGI | A | -0.46% | |
| ALGT | C | -0.4% | |
| MRTN | D | -0.39% | |
| DLX | B | -0.39% | |
| PRLB | B | -0.37% | |
| VVI | B | -0.36% | |
| HSII | B | -0.36% | |
| WNC | D | -0.33% | |
| ASTE | C | -0.33% | |
| HCSG | C | -0.33% | |
| DXPE | B | -0.33% | |
| MATW | C | -0.28% | |
| FWRD | D | -0.25% | |
| NVRI | D | -0.22% | |
| IIIN | C | -0.22% | |
| SNCY | C | -0.22% | |
| LQDT | B | -0.21% | |
| KELYA | F | -0.19% | |
| HTLD | C | -0.19% | |
| NPK | C | -0.15% | |
| HTZ | C | -0.15% | |
| TWI | F | -0.14% |
MRGR: Top Represented Industries & Keywords
PSCI: Top Represented Industries & Keywords
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