MRGR vs. ROBT ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT)
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
$40.08
Average Daily Volume
1,334
31
ROBT
First Trust Nasdaq Artificial Intelligence and Robotics ETF
ROBT Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Nasdaq CTA Artificial Intelligence and Robotics IndexSM (the "index"). The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks and depositary receipts that comprise the index. The index is designed to track the performance of companies engaged in the artificial intelligence ("AI") and robotics segments of the technology, industrial and other economic sectors. The fund is non-diversified.Grade (RS Rating)
Last Trade
$43.70
Average Daily Volume
82,880
66
Performance
| Period | MRGR | ROBT |
|---|---|---|
| 30 Days | -0.70% | -0.55% |
| 60 Days | -0.76% | -5.62% |
| 90 Days | 0.40% | -0.86% |
| 12 Months | 6.19% | 7.74% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MRGR | Weight in ROBT | Overlap | |
|---|---|---|---|---|---|
| ANSS | D | 2.44% | 1.81% | 1.81% |
MRGR Overweight 30 Positions Relative to ROBT
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRK | A | 3.16% | |
| EVBG | B | 3.04% | |
| ETRN | B | 2.88% | |
| PXD | B | 2.69% | |
| NS | D | 2.61% | |
| SWAV | A | 2.54% | |
| EDR | A | 2.53% | |
| FUSN | A | 2.53% | |
| CERE | B | 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% | |
| AEL | A | 2.48% | |
| HCP | B | 2.46% | |
| DFS | B | 2.46% | |
| WIRE | B | 2.41% | |
| SLCA | B | 2.41% | |
| AXNX | C | 2.4% | |
| HES | B | 2.35% | |
| INBX | D | 2.34% | |
| JNPR | D | 2.31% | |
| CTLT | D | 2.31% | |
| HA | D | 2.17% | |
| MGRC | D | 2.14% | |
| CHX | D | 2.13% | |
| X | D | 1.84% | |
| CPRI | F | 1.57% |
MRGR Underweight 65 Positions Relative to ROBT
| Symbol | Grade | Weight | |
|---|---|---|---|
| AVAV | B | -2.27% | |
| APPN | F | -1.92% | |
| GNTX | D | -1.75% | |
| PRO | F | -1.75% | |
| DT | D | -1.74% | |
| NOW | D | -1.72% | |
| PANW | B | -1.72% | |
| SNPS | D | -1.71% | |
| NICE | D | -1.71% | |
| PEGA | D | -1.68% | |
| CDNS | D | -1.68% | |
| UPST | D | -1.64% | |
| PLTR | C | -1.6% | |
| ILMN | F | -1.6% | |
| WDAY | F | -1.59% | |
| PATH | F | -1.51% | |
| AMBA | F | -1.4% | |
| S | D | -1.39% | |
| CRNC | F | -1.17% | |
| AI | F | -1.11% | |
| LAZR | F | -1.06% | |
| MU | B | -0.98% | |
| ABBV | D | -0.84% | |
| TSM | C | -0.84% | |
| NVDA | C | -0.83% | |
| ZBRA | B | -0.83% | |
| TER | A | -0.83% | |
| QCOM | A | -0.82% | |
| CGNX | B | -0.8% | |
| KLAC | A | -0.78% | |
| ISRG | D | -0.77% | |
| ROK | D | -0.77% | |
| NXPI | A | -0.76% | |
| JBT | F | -0.69% | |
| PRLB | D | -0.68% | |
| DDD | F | -0.66% | |
| FARO | F | -0.65% | |
| AMD | D | -0.63% | |
| JD | B | -0.52% | |
| GOOGL | B | -0.47% | |
| DE | B | -0.45% | |
| NOC | B | -0.44% | |
| EMR | D | -0.43% | |
| OMCL | C | -0.43% | |
| BABA | B | -0.42% | |
| GXO | D | -0.41% | |
| AMZN | A | -0.41% | |
| PTC | D | -0.41% | |
| BIDU | C | -0.41% | |
| MSFT | C | -0.4% | |
| SYK | D | -0.4% | |
| AAPL | B | -0.39% | |
| KTOS | B | -0.39% | |
| SONY | D | -0.39% | |
| MDT | D | -0.39% | |
| JNJ | F | -0.38% | |
| IBM | D | -0.38% | |
| AKAM | F | -0.38% | |
| APTV | D | -0.37% | |
| CRM | D | -0.37% | |
| META | D | -0.37% | |
| ADSK | D | -0.35% | |
| TSLA | C | -0.35% | |
| INTC | F | -0.34% | |
| NIO | D | -0.3% |
MRGR: Top Represented Industries & Keywords
ROBT: Top Represented Industries & Keywords
Compare ETFs
