MRGR vs. XOVR ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to ERShares Private-Public Crossover ETF (XOVR)
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
$42.09
Average Daily Volume
792
29
XOVR
ERShares Private-Public Crossover ETF
XOVR Description
Grade (RS Rating)
Last Trade
$18.19
Average Daily Volume
39,897
30
Performance
| Period | MRGR | XOVR |
|---|---|---|
| 30 Days | 0.12% | 9.31% |
| 60 Days | 0.60% | 13.06% |
| 90 Days | 1.82% | 17.05% |
| 12 Months | 7.37% | 50.39% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MRGR | Weight in XOVR | Overlap |
|---|
MRGR Overweight 29 Positions Relative to XOVR
| Symbol | Grade | Weight | |
|---|---|---|---|
| HTLF | B | 3.58% | |
| DFS | B | 3.14% | |
| IBTX | B | 3.02% | |
| SASR | B | 2.81% | |
| EDR | A | 2.53% | |
| INFN | D | 2.5% | |
| LBPH | A | 2.43% | |
| EVRI | A | 2.42% | |
| NAPA | A | 2.42% | |
| B | A | 2.41% | |
| SMAR | B | 2.41% | |
| ROIC | A | 2.41% | |
| ALTR | B | 2.4% | |
| ATSG | B | 2.4% | |
| ZUO | B | 2.39% | |
| K | A | 2.37% | |
| RCM | A | 2.37% | |
| ENV | B | 2.37% | |
| CDMO | A | 2.36% | |
| ANSS | B | 2.32% | |
| ALE | A | 2.31% | |
| HCP | B | 2.3% | |
| MRO | B | 2.28% | |
| LBRDK | C | 2.25% | |
| CTLT | C | 2.2% | |
| JNPR | D | 2.14% | |
| SPR | D | 2.11% | |
| CHX | C | 1.8% | |
| RVNC | F | 1.42% |
MRGR Underweight 30 Positions Relative to XOVR
| Symbol | Grade | Weight | |
|---|---|---|---|
| APP | B | -6.51% | |
| NVDA | B | -6.35% | |
| GOOGL | C | -5.71% | |
| META | D | -4.85% | |
| ORCL | A | -4.67% | |
| CRM | B | -4.42% | |
| CRWD | B | -3.75% | |
| DASH | B | -3.61% | |
| TOST | B | -3.49% | |
| ANET | C | -3.38% | |
| SNPS | B | -3.33% | |
| HOOD | B | -3.32% | |
| UI | B | -3.23% | |
| ABNB | C | -3.21% | |
| TTD | B | -3.08% | |
| CPRT | B | -3.08% | |
| DDOG | A | -3.02% | |
| IOT | A | -2.83% | |
| DKNG | B | -2.76% | |
| CPAY | A | -2.75% | |
| RMD | C | -2.75% | |
| MDB | B | -2.54% | |
| REGN | F | -2.49% | |
| PCTY | C | -2.42% | |
| UTHR | C | -2.37% | |
| APPF | B | -2.31% | |
| PSTG | D | -2.28% | |
| MEDP | D | -1.94% | |
| MPWR | F | -1.9% | |
| TSLA | B | -1.43% |
MRGR: Top Represented Industries & Keywords
XOVR: Top Represented Industries & Keywords
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