MRGR vs. WCLD ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to WisdomTree Cloud Computing Fund (WCLD)
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
$42.22
Average Daily Volume
811
29
WCLD
WisdomTree Cloud Computing Fund
WCLD Description
The WisdomTree Cloud Computing Fund seeks to track the price and yield performance, before fees and expenses, of the BVP Nasdaq Emerging Cloud Index, an equally weighted Index designed to measure the performance of emerging public companies focused on delivering cloud-based software to customers.Grade (RS Rating)
Last Trade
$39.57
Average Daily Volume
95,742
62
Performance
Period | MRGR | WCLD |
---|---|---|
30 Days | 0.41% | 21.90% |
60 Days | 1.07% | 24.43% |
90 Days | 2.14% | 24.51% |
12 Months | 7.71% | 30.23% |
MRGR Overweight 27 Positions Relative to WCLD
Symbol | Grade | Weight | |
---|---|---|---|
HTLF | B | 3.58% | |
DFS | B | 3.14% | |
IBTX | B | 3.02% | |
SASR | B | 2.81% | |
EDR | A | 2.53% | |
INFN | C | 2.5% | |
LBPH | A | 2.43% | |
EVRI | A | 2.42% | |
NAPA | B | 2.42% | |
B | B | 2.41% | |
ROIC | A | 2.41% | |
ALTR | B | 2.4% | |
ATSG | B | 2.4% | |
K | A | 2.37% | |
RCM | F | 2.37% | |
ENV | B | 2.37% | |
CDMO | B | 2.36% | |
ANSS | B | 2.32% | |
ALE | A | 2.31% | |
HCP | B | 2.3% | |
MRO | B | 2.28% | |
LBRDK | C | 2.25% | |
CTLT | B | 2.2% | |
JNPR | F | 2.14% | |
SPR | D | 2.11% | |
CHX | C | 1.8% | |
RVNC | F | 1.42% |
MRGR Underweight 60 Positions Relative to WCLD
Symbol | Grade | Weight | |
---|---|---|---|
BILL | A | -2.27% | |
TOST | B | -2.24% | |
TEAM | A | -2.09% | |
TWLO | A | -2.03% | |
SHOP | B | -1.83% | |
DOCU | A | -1.82% | |
SQ | B | -1.81% | |
QTWO | A | -1.8% | |
HUBS | A | -1.78% | |
PAYC | B | -1.77% | |
CRWD | B | -1.75% | |
GTLB | B | -1.74% | |
ZM | B | -1.74% | |
IOT | A | -1.73% | |
CWAN | B | -1.7% | |
FRSH | C | -1.7% | |
CFLT | B | -1.68% | |
AI | B | -1.68% | |
PCTY | B | -1.65% | |
PYPL | B | -1.61% | |
CRM | B | -1.6% | |
NOW | A | -1.6% | |
PCOR | B | -1.58% | |
IBUY | A | -1.58% | |
S | B | -1.55% | |
BOX | B | -1.53% | |
DBX | B | -1.52% | |
NCNO | B | -1.52% | |
NET | B | -1.52% | |
PANW | C | -1.51% | |
DDOG | A | -1.51% | |
MDB | C | -1.5% | |
QLYS | C | -1.5% | |
WK | B | -1.5% | |
FIVN | C | -1.48% | |
WDAY | B | -1.46% | |
BL | B | -1.46% | |
WIX | B | -1.46% | |
FROG | C | -1.43% | |
VEEV | C | -1.42% | |
ZI | D | -1.4% | |
PATH | C | -1.39% | |
ZS | C | -1.38% | |
RNG | B | -1.37% | |
FSLY | D | -1.35% | |
APPF | B | -1.35% | |
DT | C | -1.35% | |
ASAN | C | -1.34% | |
DOCN | D | -1.32% | |
SNOW | C | -1.32% | |
BIGC | C | -1.31% | |
TENB | C | -1.27% | |
PD | C | -1.27% | |
MNDY | C | -1.27% | |
ADBE | C | -1.17% | |
SPT | C | -1.14% | |
CXM | C | -1.13% | |
BRZE | C | -1.12% | |
ESTC | C | -1.06% | |
OKTA | C | -1.0% |
MRGR: Top Represented Industries & Keywords
WCLD: Top Represented Industries & Keywords