OILD vs. MARB ETF Comparison
Comparison of ProShares UltraPro 3x Short Crude Oil ETF (OILD) to First Trust Merger Arbitrage ETF (MARB)
OILD
ProShares UltraPro 3x Short Crude Oil ETF
OILD Description
ProShares UltraPro 3x Short Crude Oil ETF seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the Bloomberg WTI Crude Oil SubindexSM. The underlying index reflects the performance of the price of West Texas Intermediate sweet, light crude oil futures contracts traded on the NYMEX. The fund seeks to meet its investment objective by investing, under normal market conditions, in futures contracts for WTI sweet, light crude oil listed on the NYMEX, ICE Futures U.S. or other U.S. exchanges and listed options on such contracts.
Grade (RS Rating)
Last Trade
$12.89
Average Daily Volume
50,465
25
MARB
First Trust Merger Arbitrage ETF
MARB Description
The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts (ADRs), and derivatives, including total return swaps. The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.Grade (RS Rating)
Last Trade
$19.72
Average Daily Volume
7,030
34
Performance
Period | OILD | MARB |
---|---|---|
30 Days | -19.88% | -1.03% |
60 Days | -24.50% | -1.01% |
90 Days | -18.93% | -1.64% |
12 Months | -37.39% | -0.91% |
OILD Overweight 20 Positions Relative to MARB
OILD Underweight 29 Positions Relative to MARB
Symbol | Grade | Weight | |
---|---|---|---|
HTLF | B | -7.98% | |
HCP | B | -5.64% | |
EDR | A | -4.92% | |
ACI | C | -4.88% | |
DFS | B | -4.67% | |
AMED | F | -4.57% | |
AXNX | A | -4.2% | |
NAPA | A | -3.99% | |
ANSS | B | -3.85% | |
B | A | -3.78% | |
JNPR | D | -3.65% | |
EVRI | A | -3.48% | |
K | A | -3.28% | |
ESGR | B | -3.18% | |
CTLT | C | -3.17% | |
VZIO | A | -3.05% | |
CHX | C | -2.78% | |
LBPH | A | -2.78% | |
MGRC | B | -2.75% | |
FYBR | C | -2.53% | |
ENV | B | -2.38% | |
SRDX | B | -2.29% | |
IBTX | B | -2.21% | |
RCM | A | -2.07% | |
WSC | F | --1.0% | |
SNPS | B | --2.21% | |
SSB | B | --2.22% | |
COF | C | --5.12% | |
UMBF | B | --8.33% |
OILD: Top Represented Industries & Keywords
MARB: Top Represented Industries & Keywords