TAN vs. MARB ETF Comparison
Comparison of Invesco Solar ETF (TAN) to First Trust Merger Arbitrage ETF (MARB)
TAN
Invesco Solar ETF
TAN Description
The investment seeks to track the investment results (before fees and expenses) of the MAC Global Solar Energy Index. The fund will generally invest at least 90% of its total assets in the securities (including American depositary receipts (?ADRs?)) that comprise the index. Strictly in accordance with its guidelines and mandated procedures, MAC Indexing LLC compiles, maintains, and calculates the index, which is designed to track the global solar energy equity sector. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$34.33
Average Daily Volume
1,192,583
16
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 | TAN | MARB |
---|---|---|
30 Days | -7.91% | -1.03% |
60 Days | -15.57% | -1.01% |
90 Days | -18.59% | -1.64% |
12 Months | -25.40% | -0.91% |
0 Overlapping Holdings
Symbol | Grade | Weight in TAN | Weight in MARB | Overlap |
---|
TAN Underweight 34 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% | |
HES | B | -3.07% | |
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% | |
MRO | B | -2.03% | |
WSC | F | --1.0% | |
COP | C | --2.02% | |
SNPS | B | --2.21% | |
SSB | B | --2.22% | |
CVX | A | --3.56% | |
SLB | C | --4.15% | |
COF | C | --5.12% | |
UMBF | B | --8.33% |
TAN: Top Represented Industries & Keywords
MARB: Top Represented Industries & Keywords