MRGR vs. XSHD ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to PowerShares S&P SmallCap High Dividend Low Volatility Portfolio (XSHD)
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
1,322
27
XSHD
PowerShares S&P SmallCap High Dividend Low Volatility Portfolio
XSHD Description
The PowerShares S&P SmallCap High Dividend Low Volatility Portfolio is based on the S&P SmallCap 600 Low Volatility High Dividend Index. The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index is composed of 60 securities in the S&P SmallCap 600 Index that have historically provided high dividend yields with lower volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted semi-annually on the last business day in January and July.Grade (RS Rating)
Last Trade
$14.70
Average Daily Volume
26,136
53
Performance
| Period | MRGR | XSHD |
|---|---|---|
| 30 Days | -0.83% | -1.86% |
| 60 Days | -0.30% | -0.54% |
| 90 Days | 0.36% | -3.86% |
| 12 Months | 6.44% | 0.46% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MRGR | Weight in XSHD | Overlap |
|---|
MRGR Overweight 27 Positions Relative to XSHD
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRK | A | 3.31% | |
| EVBG | B | 3.23% | |
| ETRN | A | 3.14% | |
| PXD | B | 2.93% | |
| NS | D | 2.78% | |
| DFS | B | 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 | D | 2.64% | |
| DOOR | A | 2.64% | |
| CERE | A | 2.62% | |
| AEL | A | 2.62% | |
| WIRE | A | 2.56% | |
| AXNX | C | 2.53% | |
| HES | B | 2.52% | |
| JNPR | D | 2.48% | |
| INBX | D | 2.48% | |
| CTLT | C | 2.44% | |
| CHX | D | 2.36% | |
| MGRC | D | 2.3% | |
| HA | D | 2.24% | |
| X | F | 1.93% | |
| CPRI | F | 1.66% |
MRGR Underweight 53 Positions Relative to XSHD
| Symbol | Grade | Weight | |
|---|---|---|---|
| HIW | A | -3.52% | |
| OGN | B | -3.06% | |
| ARI | F | -2.98% | |
| EFC | C | -2.91% | |
| RC | C | -2.91% | |
| BXMT | F | -2.8% | |
| CALM | D | -2.71% | |
| SVC | F | -2.63% | |
| IIPR | A | -2.59% | |
| GNL | D | -2.57% | |
| DEA | C | -2.49% | |
| CVI | F | -2.44% | |
| KREF | F | -2.44% | |
| VGR | F | -2.36% | |
| KW | C | -2.07% | |
| DLX | A | -1.96% | |
| AVA | B | -1.88% | |
| CWEN | B | -1.86% | |
| CBRL | F | -1.84% | |
| NUS | F | -1.84% | |
| NOG | B | -1.77% | |
| AROC | B | -1.72% | |
| NWN | B | -1.7% | |
| MED | F | -1.67% | |
| XRX | F | -1.57% | |
| MOV | D | -1.47% | |
| CCOI | F | -1.46% | |
| ETD | F | -1.46% | |
| UVV | B | -1.42% | |
| TRN | A | -1.42% | |
| DIN | F | -1.38% | |
| PINC | F | -1.24% | |
| ENR | C | -1.17% | |
| SXC | D | -1.15% | |
| MYE | A | -1.12% | |
| HP | F | -1.1% | |
| RGP | D | -1.1% | |
| SPTN | D | -1.1% | |
| HNI | B | -1.1% | |
| UTL | B | -1.1% | |
| KMT | D | -1.05% | |
| SXT | A | -1.02% | |
| FDP | D | -1.01% | |
| BHE | A | -0.95% | |
| SLVM | A | -0.93% | |
| NHC | D | -0.8% | |
| SEM | B | -0.79% | |
| CRC | F | -0.79% | |
| CPK | B | -0.76% | |
| SJW | D | -0.71% | |
| SEE | C | -0.67% | |
| CMP | F | -0.5% | |
| ATNI | F | -0.42% |
MRGR: Top Represented Industries & Keywords
XSHD: Top Represented Industries & Keywords
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