MVPA vs. MRGR ETF Comparison
Comparison of Advisor Managed Portfolios Miller Value Partners Appreciation ETF (MVPA) to ProShares Merger ETF (MRGR)
MVPA
Advisor Managed Portfolios Miller Value Partners Appreciation ETF
MVPA Description
The fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing in securities that Miller Value Partners, LLC (the "Adviser") believes have an above-average probability of outperforming the S&P 500® Index (the "S&P 500") over a multi-year time horizon. It will typically invest in a portfolio of approximately 20-40 common stocks without regard to market capitalization. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$31.28
Average Daily Volume
8,932
10
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
$39.97
Average Daily Volume
976
31
Performance
Period | MVPA | MRGR |
---|---|---|
30 Days | 0.65% | -1.02% |
60 Days | 2.19% | -1.05% |
90 Days | 21.70% | 0.12% |
12 Months | 6.44% |
0 Overlapping Holdings
Symbol | Grade | Weight in MVPA | Weight in MRGR | Overlap |
---|
MVPA Underweight 31 Positions Relative to MRGR
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 | C | -2.46% | |
ANSS | D | -2.44% | |
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% |
MVPA: Top Represented Industries & Keywords
MRGR: Top Represented Industries & Keywords