MRGR vs. SIMS ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to SPDR S&P Kensho Intelligent Structures ETF (SIMS)
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
1,277
27
SIMS
SPDR S&P Kensho Intelligent Structures ETF
SIMS Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho Intelligent Infrastructure Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is comprised of U.S.-listed equity securities (including depositary receipts) of companies domiciled across developed and emerging markets worldwide which are included in the Intelligent Infrastructure sector as determined by a classification standard produced by the index provider. The fund is non-diversified.Grade (RS Rating)
Last Trade
$32.72
Average Daily Volume
4,991
43
Performance
| Period | MRGR | SIMS |
|---|---|---|
| 30 Days | -0.86% | -4.82% |
| 60 Days | -0.26% | -4.95% |
| 90 Days | 0.40% | 1.39% |
| 12 Months | 6.30% | 3.27% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MRGR | Weight in SIMS | Overlap | |
|---|---|---|---|---|---|
| DOOR | A | 2.64% | 2.38% | 2.38% |
MRGR Overweight 26 Positions Relative to SIMS
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRK | A | 3.31% | |
| EVBG | A | 3.23% | |
| ETRN | B | 3.14% | |
| PXD | A | 2.93% | |
| NS | C | 2.78% | |
| DFS | B | 2.72% | |
| EDR | A | 2.68% | |
| FUSN | A | 2.68% | |
| SWAV | A | 2.68% | |
| AIRC | A | 2.67% | |
| ALPN | A | 2.66% | |
| MODN | A | 2.65% | |
| ANSS | D | 2.64% | |
| CERE | A | 2.62% | |
| AEL | A | 2.62% | |
| WIRE | A | 2.56% | |
| AXNX | B | 2.53% | |
| HES | A | 2.52% | |
| JNPR | C | 2.48% | |
| INBX | C | 2.48% | |
| CTLT | C | 2.44% | |
| CHX | B | 2.36% | |
| MGRC | D | 2.3% | |
| HA | C | 2.24% | |
| X | F | 1.93% | |
| CPRI | F | 1.66% |
MRGR Underweight 42 Positions Relative to SIMS
| Symbol | Grade | Weight | |
|---|---|---|---|
| ITRI | B | -3.49% | |
| AYI | D | -3.48% | |
| PSN | D | -3.23% | |
| XYL | A | -3.19% | |
| BMI | A | -3.16% | |
| PNR | C | -3.07% | |
| TTEK | A | -3.03% | |
| JCI | B | -3.02% | |
| ALRM | C | -3.0% | |
| REZI | D | -2.99% | |
| CARR | A | -2.92% | |
| GNRC | B | -2.91% | |
| SLAB | F | -2.8% | |
| ADTN | F | -2.67% | |
| AY | A | -2.55% | |
| CNM | A | -2.53% | |
| HON | C | -2.49% | |
| QCOM | C | -2.09% | |
| EMR | C | -2.06% | |
| GTLS | D | -2.02% | |
| ERII | D | -2.02% | |
| BLNK | F | -1.99% | |
| MWA | A | -1.94% | |
| BE | B | -1.91% | |
| BP | A | -1.86% | |
| AME | C | -1.86% | |
| TEL | C | -1.76% | |
| ROP | D | -1.62% | |
| SHLS | F | -1.6% | |
| CHPT | F | -1.58% | |
| NVEE | F | -1.54% | |
| ON | D | -1.52% | |
| LOGI | D | -1.51% | |
| STEM | F | -1.5% | |
| BIDU | C | -1.46% | |
| STM | F | -1.43% | |
| CWCO | D | -0.96% | |
| ROKU | F | -0.9% | |
| MVIS | F | -0.57% | |
| REKR | F | -0.46% | |
| WBX | D | -0.28% | |
| LUNA | F | -0.09% |
MRGR: Top Represented Industries & Keywords
SIMS: Top Represented Industries & Keywords
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