MRGR vs. XHYI ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to BondBloxx USD High Yield Bond Industrial Sector ETF (XHYI)
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
$39.94
Average Daily Volume
1,393
27
XHYI
BondBloxx USD High Yield Bond Industrial Sector ETF
XHYI Description
The BondBloxx USD High Yield Bond Industrial Sector ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds in the industrial sector. The Fund is newly organized, non-diversified and seeks to track the investment results of the ICE Diversified US Cash Pay High Yield Core Industrial Index, which is a rules-based index consisting of U.S. dollar-denominated below investment grade bonds that contains issuers from the industrial sector, including the basic materials, capital goods, transportation and services subsectors.Grade (RS Rating)
Last Trade
$37.48
Average Daily Volume
6,070
101
Performance
| Period | MRGR | XHYI |
|---|---|---|
| 30 Days | -0.87% | -0.67% |
| 60 Days | -0.61% | 0.94% |
| 90 Days | -0.40% | 0.84% |
| 12 Months | 5.98% | 7.73% |
MRGR Overweight 24 Positions Relative to XHYI
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRK | B | 3.31% | |
| EVBG | B | 3.23% | |
| ETRN | A | 3.14% | |
| PXD | B | 2.93% | |
| NS | C | 2.78% | |
| DFS | A | 2.72% | |
| EDR | A | 2.68% | |
| FUSN | A | 2.68% | |
| SWAV | A | 2.68% | |
| AIRC | A | 2.67% | |
| ALPN | A | 2.66% | |
| MODN | B | 2.65% | |
| ANSS | C | 2.64% | |
| CERE | A | 2.62% | |
| AEL | A | 2.62% | |
| WIRE | B | 2.56% | |
| AXNX | D | 2.53% | |
| HES | A | 2.52% | |
| JNPR | D | 2.48% | |
| INBX | D | 2.48% | |
| CTLT | C | 2.44% | |
| CHX | B | 2.36% | |
| MGRC | C | 2.3% | |
| CPRI | F | 1.66% |
MRGR Underweight 98 Positions Relative to XHYI
| Symbol | Grade | Weight | |
|---|---|---|---|
| OLN | C | -0.66% | |
| TDG | A | -0.59% | |
| XPO | D | -0.53% | |
| AVNT | A | -0.52% | |
| CCK | B | -0.52% | |
| HRI | D | -0.52% | |
| TROX | A | -0.47% | |
| HEES | D | -0.47% | |
| AXTA | D | -0.45% | |
| CASH | A | -0.43% | |
| UBER | D | -0.41% | |
| WCC | F | -0.41% | |
| CCS | D | -0.4% | |
| TSE | F | -0.39% | |
| ACM | A | -0.39% | |
| HI | A | -0.39% | |
| KAR | A | -0.38% | |
| GFF | C | -0.38% | |
| DBD | D | -0.38% | |
| CLH | B | -0.38% | |
| ADT | C | -0.38% | |
| DAL | A | -0.38% | |
| MHO | C | -0.37% | |
| MERC | A | -0.37% | |
| JELD | A | -0.37% | |
| ATI | A | -0.37% | |
| BCO | A | -0.37% | |
| CC | C | -0.37% | |
| VVV | C | -0.36% | |
| IT | D | -0.36% | |
| AAL | D | -0.36% | |
| SRCL | F | -0.35% | |
| NGVT | B | -0.35% | |
| KALU | A | -0.35% | |
| CSTM | B | -0.35% | |
| BLDR | C | -0.35% | |
| SAVE | F | -0.28% | |
| MTH | B | -0.27% | |
| SLVM | A | -0.27% | |
| HL | B | -0.27% | |
| AA | A | -0.27% | |
| TRN | A | -0.26% | |
| RYAM | D | -0.26% | |
| LXU | B | -0.26% | |
| HXL | D | -0.26% | |
| EVA | D | -0.26% | |
| CRS | A | -0.26% | |
| CMP | F | -0.26% | |
| BZH | D | -0.26% | |
| BERY | D | -0.26% | |
| TPH | A | -0.26% | |
| SEE | D | -0.26% | |
| ZIP | F | -0.25% | |
| UAN | A | -0.25% | |
| TPC | A | -0.25% | |
| SLGN | B | -0.25% | |
| PBI | A | -0.25% | |
| GLT | F | -0.25% | |
| FUL | D | -0.25% | |
| FLR | A | -0.25% | |
| ENS | D | -0.25% | |
| ASGN | D | -0.25% | |
| CAR | F | -0.25% | |
| TMHC | B | -0.25% | |
| UAL | A | -0.25% | |
| ARMK | A | -0.25% | |
| BLD | C | -0.24% | |
| APG | A | -0.24% | |
| TNET | F | -0.24% | |
| SXC | D | -0.24% | |
| ESI | D | -0.24% | |
| CNDT | D | -0.24% | |
| ATGE | B | -0.24% | |
| BECN | A | -0.24% | |
| OI | D | -0.24% | |
| GPK | A | -0.24% | |
| SPR | D | -0.24% | |
| URI | B | -0.24% | |
| HWM | B | -0.24% | |
| PATK | C | -0.23% | |
| ASH | A | -0.23% | |
| HTZ | F | -0.23% | |
| TWI | F | -0.13% | |
| IBP | B | -0.13% | |
| HCC | A | -0.13% | |
| TGI | C | -0.13% | |
| BTU | D | -0.12% | |
| MATV | A | -0.12% | |
| REZI | C | -0.12% | |
| LPX | C | -0.12% | |
| LGIH | D | -0.12% | |
| BXC | C | -0.12% | |
| ATKR | A | -0.12% | |
| CMC | D | -0.12% | |
| KBH | C | -0.12% | |
| CLF | F | -0.12% | |
| PKOH | C | -0.11% | |
| CDE | A | -0.11% |
MRGR: Top Represented Industries & Keywords
XHYI: Top Represented Industries & Keywords
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