NLR vs. MRGR ETF Comparison
Comparison of Market Vectors Uranium & Nuclear Energy ETF (NLR) to ProShares Merger ETF (MRGR)
NLR
Market Vectors Uranium & Nuclear Energy ETF
NLR Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the DAXglobal® Nuclear Energy Index. The fund normally invests at least 80% of its total assets in equity securities of U.S. and foreign companies primarily engaged in various aspects of the nuclear energy business. It may also utilize convertible securities and participation notes to seek performance that corresponds to the Nuclear Energy Index. The fund may concentrate its investments in a particular industry or group of industries to the extent that the index concentrates in an industry or group of industries. It is non-diversified.
Grade (RS Rating)
Last Trade
$76.74
Average Daily Volume
43,371
8
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
$40.04
Average Daily Volume
2,192
26
Performance
| Period | NLR | MRGR |
|---|---|---|
| 30 Days | 1.84% | -0.62% |
| 60 Days | 8.96% | -0.06% |
| 90 Days | 2.06% | -0.15% |
| 12 Months | 45.70% | 5.92% |
0 Overlapping Holdings
| Symbol | Grade | Weight in NLR | Weight in MRGR | Overlap |
|---|
NLR Underweight 26 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRK | B | -3.29% | |
| EVBG | A | -3.2% | |
| ETRN | A | -2.87% | |
| PXD | A | -2.83% | |
| EDR | A | -2.65% | |
| FUSN | A | -2.64% | |
| SWAV | A | -2.64% | |
| MODN | B | -2.63% | |
| AIRC | A | -2.63% | |
| MDC | A | -2.61% | |
| ANSS | D | -2.61% | |
| CERE | B | -2.59% | |
| DOOR | A | -2.59% | |
| AEL | A | -2.56% | |
| DFS | A | -2.54% | |
| JNPR | D | -2.54% | |
| AXNX | D | -2.54% | |
| NS | C | -2.52% | |
| INBX | D | -2.49% | |
| CHX | B | -2.49% | |
| CTLT | D | -2.43% | |
| HA | D | -2.38% | |
| HES | A | -2.38% | |
| MGRC | D | -2.37% | |
| X | D | -2.14% | |
| CPRI | F | -1.83% |
NLR: Top Represented Industries & Keywords
MRGR: Top Represented Industries & Keywords
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