SHRY vs. MRGR ETF Comparison

Comparison of First Trust Bloomberg Shareholder Yield ETF (SHRY) to ProShares Merger ETF (MRGR)

SHRY

First Trust Bloomberg Shareholder Yield ETF

SHRY Description

The fund will normally invest at least 90% of its net assets in the securities that comprise the index. The index is designed to select dividend-paying securities issued by large capitalization U.S. companies.

Grade (RS Rating)

Last Trade

$36.59

Average Daily Volume

995

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$40.08

Average Daily Volume

1,277

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SHRY	MRGR
30 Days	-3.70%	-0.86%
60 Days		-0.26%
90 Days		0.40%
12 Months		6.30%

0 Overlapping Holdings

	Symbol	Grade	Weight in SHRY	Weight in MRGR	Overlap

SHRY Overweight 51 Positions Relative to MRGR

Symbol	Grade	Weight
MO	A	5.05%
PFG	C	4.5%
DELL	B	3.83%
HPQ	D	3.72%
EOG	B	3.67%
AMP	C	3.51%
DOW	B	3.33%
MET	B	3.31%
AFL	A	3.27%
PRU	B	3.27%
CMCSA	F	3.18%
LMT	A	3.02%
JNJ	D	2.88%
GIS	B	2.65%
CSX	D	2.31%
MCK	A	2.26%
MMM	A	1.95%
CME	C	1.88%
LOW	D	1.86%
CHTR	F	1.83%
GD	A	1.78%
UPS	F	1.78%
CL	A	1.68%
CAT	D	1.63%
AON	D	1.63%
MAR	D	1.62%
CB	B	1.61%
PG	A	1.61%
HD	D	1.58%
AAPL	F	1.51%
HCA	C	1.45%
ABT	D	1.43%
UNP	C	1.38%
KO	A	1.35%
LRCX	D	1.28%
ADP	B	1.26%
V	C	1.23%
COST	C	1.2%
SHW	D	1.19%
SLB	F	1.17%
KLAC	C	1.14%
QCOM	C	1.1%
GOOGL	A	1.02%
BLK	D	1.0%
MCD	D	0.93%
MA	D	0.9%
BX	D	0.9%
AMAT	D	0.79%
ACN	F	0.69%
MRK	A	0.53%
SOLV	B	0.33%

SHRY Underweight 27 Positions Relative to MRGR

Symbol	Grade	Weight
WRK	A	-3.31%
EVBG	A	-3.23%
ETRN	B	-3.14%
PXD	A	-2.93%
NS	C	-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	A	-2.65%
ANSS	D	-2.64%
DOOR	A	-2.64%
CERE	A	-2.62%
AEL	A	-2.62%
WIRE	A	-2.56%
AXNX	B	-2.53%
HES	A	-2.52%
JNPR	C	-2.48%
INBX	C	-2.48%
CTLT	C	-2.44%
CHX	B	-2.36%
MGRC	D	-2.3%
HA	C	-2.24%
X	F	-1.93%
CPRI	F	-1.66%