MRGR vs. WTAI ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to WisdomTree Artificial Intelligence and Innovation Fund (WTAI)
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
WTAI
WisdomTree Artificial Intelligence and Innovation Fund
WTAI Description
WisdomTree Artificial Intelligence and Innovation Fund is an exchange traded fund launched by WisdomTree Investments, Inc. The fund is co-managed by Mellon Investments Corporation and WisdomTree Asset Management, Inc. It invests in public equity markets across the globe. The fund invests in stocks of companies operating across information technology, semiconductors and semiconductor equipment, software and services, software, system software, software research, artificial intelligence software and technology hardware and equipment sectors. It invests in growth and value stocks of diversified market cap companies. It seeks to track the performance of the WisdomTree Artificial Intelligence & Innovation Index, by using representative sampling technique. WisdomTree Artificial Intelligence and Innovation Fund is domiciled in the United States.Grade (RS Rating)
Last Trade
$20.10
Average Daily Volume
168,606
62
Performance
| Period | MRGR | WTAI |
|---|---|---|
| 30 Days | -0.70% | -1.81% |
| 60 Days | -0.76% | -5.94% |
| 90 Days | 0.40% | -1.33% |
| 12 Months | 6.19% | 24.60% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MRGR | Weight in WTAI | Overlap | |
|---|---|---|---|---|---|
| ANSS | D | 2.44% | 1.23% | 1.23% |
MRGR Overweight 30 Positions Relative to WTAI
| 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 61 Positions Relative to WTAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| ARM | F | -2.61% | |
| META | D | -2.4% | |
| GOOGL | B | -2.38% | |
| NVDA | C | -2.35% | |
| ASML | D | -2.04% | |
| QCOM | A | -2.01% | |
| MU | B | -1.97% | |
| MSFT | C | -1.84% | |
| TSM | C | -1.83% | |
| CRWD | C | -1.81% | |
| AMD | D | -1.72% | |
| TER | A | -1.69% | |
| NXPI | A | -1.68% | |
| LSCC | F | -1.68% | |
| IOT | B | -1.61% | |
| MCHP | A | -1.58% | |
| ESTC | B | -1.51% | |
| ADI | A | -1.51% | |
| NET | F | -1.5% | |
| CDNS | D | -1.39% | |
| SYNA | D | -1.38% | |
| DDOG | B | -1.37% | |
| GFS | D | -1.36% | |
| SNPS | D | -1.35% | |
| RXRX | F | -1.32% | |
| AMZN | A | -1.32% | |
| ISRG | D | -1.29% | |
| ON | F | -1.29% | |
| NOW | D | -1.23% | |
| PATH | F | -1.22% | |
| S | D | -1.21% | |
| AVAV | B | -1.16% | |
| LMND | B | -1.13% | |
| GTLB | D | -1.12% | |
| TWLO | B | -1.12% | |
| ADSK | D | -1.12% | |
| ALTR | D | -1.11% | |
| DT | D | -1.11% | |
| MDB | F | -1.1% | |
| ILMN | F | -1.09% | |
| TEAM | F | -1.09% | |
| PTC | D | -1.08% | |
| PRO | F | -1.06% | |
| SNOW | D | -1.05% | |
| SLP | B | -1.02% | |
| RBLX | C | -1.01% | |
| U | F | -0.95% | |
| AI | F | -0.94% | |
| AMBA | F | -0.94% | |
| DE | B | -0.93% | |
| LMT | B | -0.88% | |
| AAPL | B | -0.87% | |
| SDGR | F | -0.79% | |
| LAW | B | -0.78% | |
| INTC | F | -0.74% | |
| ADBE | D | -0.7% | |
| TSLA | C | -0.69% | |
| CRNC | F | -0.6% | |
| CEVA | D | -0.58% | |
| STEM | F | -0.55% | |
| LAZR | F | -0.36% |
MRGR: Top Represented Industries & Keywords
WTAI: Top Represented Industries & Keywords
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