MRGR vs. QTUM ETF Comparison

Comparison of ProShares Merger ETF (MRGR) to Defiance Quantum ETF (QTUM)
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

$40.39

Average Daily Volume

9,253

Number of Holdings *

22

* may have additional holdings in another (foreign) market
QTUM

Defiance Quantum ETF

QTUM Description The investment seeks to track the total return performance, before fees and expenses, of the BlueStar Quantum Computing and Machine Learning Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index or in depositary receipts representing such component securities. The index consists of a modified equal-weighted portfolio of the stock of companies whose products or services are predominantly tied to the development of quantum computing and machine learning technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$61.84

Average Daily Volume

34,885

Number of Holdings *

49

* may have additional holdings in another (foreign) market
Performance
Period MRGR QTUM
30 Days 0.56% 4.88%
60 Days 0.47% 11.90%
90 Days 0.64% 13.08%
12 Months 8.53% 40.01%
1 Overlapping Holdings
Symbol Grade Weight in MRGR Weight in QTUM Overlap
JNPR B 2.57% 1.56% 1.56%
MRGR Overweight 21 Positions Relative to QTUM
Symbol Grade Weight
WRK B 3.38%
EVBG B 3.2%
NS C 2.93%
ANSS C 2.77%
PXD A 2.69%
DFS A 2.66%
CPE C 2.65%
ETRN A 2.64%
DOOR B 2.62%
CBAY A 2.62%
CERE B 2.62%
MDC A 2.61%
AEL A 2.61%
MGRC D 2.58%
AXNX B 2.57%
INBX D 2.51%
HA D 2.43%
CTLT C 2.42%
HES C 2.34%
CPRI F 2.12%
X D 2.1%
MRGR Underweight 48 Positions Relative to QTUM
Symbol Grade Weight
MSTR B -4.66%
NVDA C -2.53%
MU B -1.94%
COHR C -1.93%
RGTI D -1.87%
MKSI B -1.86%
AMD D -1.85%
AMAT B -1.74%
TSM C -1.73%
ASML C -1.71%
LRCX B -1.69%
ONTO C -1.62%
KLAC C -1.6%
MRVL D -1.59%
LSCC C -1.59%
QCOM C -1.56%
CDNS C -1.49%
TER C -1.45%
IBM C -1.43%
NOK D -1.42%
CRUS C -1.41%
NXPI C -1.41%
NVEC C -1.41%
GOOGL B -1.4%
RTX C -1.4%
MSFT C -1.39%
ABBV B -1.39%
BAH B -1.39%
WIT D -1.38%
SNPS C -1.34%
TXN C -1.33%
HPE C -1.33%
ADI C -1.28%
MCHP C -1.27%
INTC D -1.23%
BABA F -1.21%
ON F -1.21%
HON B -1.21%
LMT C -1.2%
ACN D -1.2%
NOC B -1.18%
SYNA D -1.18%
ORAN D -1.16%
BIDU D -1.13%
STM F -1.09%
ESTC D -1.08%
TDC F -1.0%
ARQQ D -0.76%
Compare ETFs