MRGR vs. TXSS ETF Comparison

Comparison of ProShares Merger ETF (MRGR) to Texas Small Cap Equity Index ETF (TXSS)

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

581

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TXSS

Texas Small Cap Equity Index ETF

TXSS Description

The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its underlying index. The index is a diversified, float-adjusted sector and, market-capitalization weighted index designed to reflect the performance primarily of stocks in small-capitalization companies that are headquartered in Texas.

Grade (RS Rating)

Last Trade

$26.21

Average Daily Volume

1,335

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MRGR	TXSS
30 Days	-0.06%	7.88%
60 Days	-0.92%	2.58%
90 Days	-0.32%	7.07%
12 Months	6.79%

0 Overlapping Holdings

	Symbol	Grade	Weight in MRGR	Weight in TXSS	Overlap

MRGR Overweight 32 Positions Relative to TXSS

Symbol	Grade	Weight
WRK	A	3.36%
EVBG	D	2.92%
ETRN	C	2.92%
HTLF	A	2.52%
SBOW	D	2.48%
SWAV	A	2.47%
EDR	A	2.45%
FUSN	A	2.44%
AIRC	A	2.43%
MODN	B	2.42%
HCP	B	2.41%
DCPH	A	2.4%
PRFT	B	2.4%
SQSP	A	2.39%
HIBB	A	2.39%
ANSS	D	2.39%
AMK	D	2.38%
ALE	B	2.37%
CERE	C	2.36%
DFS	C	2.35%
AXNX	D	2.32%
SLCA	B	2.32%
WIRE	C	2.28%
IBTX	C	2.28%
INBX	D	2.24%
HA	C	2.2%
JNPR	D	2.19%
HES	B	2.16%
CTLT	D	2.16%
MGRC	D	2.12%
CHX	D	2.02%
X	D	1.72%

MRGR Underweight 10 Positions Relative to TXSS

Symbol	Grade	Weight
HHH	D	-7.41%
AMN	F	-3.81%
DNOW	D	-3.64%
NSP	C	-2.97%
KEX	A	-2.83%
NTST	B	-2.79%
EAT	A	-2.4%
MRC	A	-2.3%
AGL	F	-2.26%
ADUS	A	-2.07%